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UNDERGRADUATE
TRANSFER CREDIT APPROVAL FORM
UGA Exchange and NonUGA Global Education Programs
If you are attending a NonUGA Program or UGA Exchange Program, the Transfer
Credit Approval Form (TCA)
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What is uga exchange and non-uga?
UGA exchange refers to a tax-deferred exchange of like-kind properties, involving the same taxpayer. Non-UGA exchange refers to a regular sale of property that does not qualify for tax-deferral under section 1031 of the Internal Revenue Code.
Who is required to file uga exchange and non-uga?
Taxpayers who have participated in a UGA exchange or non-UGA exchange during the tax year are required to report it on their tax return.
How to fill out uga exchange and non-uga?
Taxpayers must report the details of the exchange, such as the property exchanged, dates of the exchange, and any gain or loss realized.
What is the purpose of uga exchange and non-uga?
The purpose of UGA exchange is to allow taxpayers to defer capital gains taxes on the exchange of like-kind properties. Non-UGA exchange is a regular sale of property that does not qualify for tax deferral.
What information must be reported on uga exchange and non-uga?
Taxpayers must report the details of the exchange, including the properties exchanged, dates of the exchange, and any gain or loss realized.
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