Identify Which of the Following Is False

question 102

Multiple Choice

Identify which of the following is false.

• A) Corporations that sell real property at a gain must report an additional 20% of the entire gain as ordinary income.
• B) Section 291 reduces the amount of net Sec. 1231 gains that can be offset by corporate capital losses.
• C) Section 291 recapture applies to Sec. 1250 property.
• D) Corporations selling real property that previously had been depreciated using an accelerated method are subject to Sec. 291.

---

Definitions:

Television Viewing

The act or practice of watching television content, which can influence individual behaviors, opinions, and cultural trends.

Gender-blindness

The practice or policy of not distinguishing between genders, which can lead to ignoring the different needs and experiences of genders.

Male-centered

Reflecting a focus or emphasis on men or male perspectives, often at the expense of other genders.

Sociological

Pertaining to sociology, the study of social behavior, society, patterns of social relationships, social interaction, and culture.