A taxpayer can obtain a jury trial in a U.S. District Court. True False Question 2 0.75pts The realized gain or loss is the difference between the amount realized from a sale or other disposition and the property's adjusted basis. True False The adjusted basis of property is not increased by the cost of repairs and maintenance to the property. True False Question 4 0.75pts Gift property has a zero basis to the donee because the donee did not pay anything for the property. True False Net long-term capital gains may be taxed at a lower rate than ordinary gains. True False Question 8 0.75 pts Corporate taxpayers carry unused capital losses, short-term or long-term, back 3 years and forward 5 years. True False