When Does Unrecaptured §1250 Gains Apply

question 69

Multiple Choice

When does unrecaptured §1250 gains apply?

• A) When the taxpayer makes the election.
• B) It applies only when non-corporate taxpayers sell depreciable real property at a gain.
• C) It applies when §1245 recapture trumps §1250 recapture.
• D) It applies only when real property purchased before 1986 is sold at a gain.
• E) None of the choices are correct.