A gain resulting from the sale of property or a security in which the tax on the gain is deferred until it is actually recognized. In real estate, an exchange of one property for another could result in a gain that would not be recognized until the sale of the replacement property. In securities, a gain in a position that is a part of an identified straddle need not be reported. In both cases the unrecognized gain is cost basis of the original asset are carried forward to the new asset.
Related information about unrecognized gain:
- unrecognized gain - Financial Dictionary - The Free Dictionary
A gain on the transfer of real property, but for which there is no current tax consequence because of various provisions of the Internal Revenue Code, such as ...
- What is unrecognized gain? definition and meaning
Definition of unrecognized gain: A gain resulting from the sale of property or a security in which the tax on the gain is deferred until it is actually recognized.
- What are the differences between realizing unrecognized gains and ...
So realizing an unrecognized gain means you had a gain that hasn't been accounted for. And recognizing an unrealized gain means yuou did the accounting ...
- Like-kind exchange - Wikipedia, the free encyclopedia
In a like-kind exchange, the realized gain or loss usually never disappears; rather , the unrecognized gain or loss typically carries over into the new asset.
- Nonrecognition provisions - Wikipedia, the free encyclopedia
Second, the realized gain or loss usually never disappears: the unrecognized gain or loss typically carries into the new asset. When the new asset is sold or ...
- Intermediate Accounting II
amortization of unrecognized gain or loss from previous periods - affects pension expense ... 3rd Calculation - Amortization of previous unrecognized gain/loss ...
- gains and losses
Unrecognized gain or loss [given in problem] . ($ 106,000). Amount to be amortized . . . . . . . . . . . . $ 24,050. average remaining service life of employees. . 10.5 ...
- An Actuary's Guide to Compliance with Statement of Financial ...
Jun 16, 2003 ... 2.12 Cumulative Unrecognized Gain (Loss). 6. 2.13 Gain (Loss) Subject to Amortization. 6. 2.14 Net Obligation (Asset) at Transition. 6 ...