10 1 point Taxpayer recognized the following net section 1231 gains and losses during the lifetime of her business. Determine how much of the gain recognized in 2020 must be recharacterized as ordinary income under the 1231 look back rule. If none, enter 0. Year Net Section 1231 Gain (Loss) 0 (5,000) (11,000) 0 2013 2014 2015 2016 2017 2018 2019 2020 0 0 3.000 30,000 8,000 Previous Next