Which of the Following Is True Regarding Depreciation Recapture

question 3

Multiple Choice

Which of the following is true regarding depreciation recapture?

• A)Changes the character of a loss.
• B)Changes the character of a gain.
• C)Changes the amount of a gain.
• D)Only applies to ordinary assets.
• E)None of thesE.Depreciation recapture changes the character of the gain from §1231 to ordinary.

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Hierarchical Process

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