Sec.1245 Recapture Applies to All the Following Except

question 39

Multiple Choice

Sec.1245 recapture applies to all the following except

• A)depreciable personal property sold at a gain.
• B)depreciable personal property sold at a loss.
• C)property expensed under Sec.179.
• D)amortizable intangible personal property.

---

Definitions:

British Empire

The historical empire ruled by Britain, characterized by its vast colonies and dominions across the world, particularly during the 19th and early 20th centuries.

Slave-Based Colony

A colony whose economy and social structure are heavily dependent on the labor of enslaved people.

Hospitalized Child

A child who is admitted to the hospital for treatment of illness, injury, or to undergo medical procedures.

Posture Suggest

Posture suggest relates to the notion that one's body position can imply or communicate non-verbal information or reflect one's state of health.