Unrecaptured Section 1250 Gain Is the Amount of Gain on the Sale

question 80

True/False

Unrecaptured Section 1250 gain is the amount of gain on the sale of personal assets by individuals not otherwise treated as ordinary income.

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Definitions:

Anhidrosis

A condition characterized by a reduced ability or inability to sweat, which can affect the body’s ability to cool itself.

Avulsion

The forcible separation or tearing away of a body part or tissue.

Forcibly

Using physical strength, power, or violence to make something happen or to make someone do something.

Tinea

A fungal infection of the skin, also known as ringworm, that can affect various parts of the body and is characterized by ring-shaped, itchy rashes.