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Form IPRC 3S Secondary

Form IPRC 3S Secondary

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Personal Assets Investments,  Retirement and Insurance Moving on down we have Investment Accounts. These  fictional taxpayers have an investment account   that has a current market value of $2,000.  We're able to take the Quick Sale Value,   which is 80% of the current market value, and  that's $1,600. There is no loan balance here,   so they have $1,600 that will be  included for the investment account,   so that's going to come down to Line 2  because that's the only item they have   here. Then we're going to move into retirement  accounts. There's a retirement account with a   current market value of $5,000. Multiply this by  .8 and you get the Quick Sale Value of $4,000,   however these fictional taxpayers have a $3,000  loan against their 401K retirement account,   leaving it with an actual market value of only  $1,000. That's the only retirement account they   have, so we're going to bring

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