Module 2 Question 1 of 10. When would an adjustment to capital gain (or loss) be...

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Module 2 Question 1 of 10. When would an adjustment to capital gain (or loss) be necessary on the California return? O When the holding period of an asset is short term. When there is a difference in the basis of an asset resulting from differences between California and federal laws in prior years. When there is a difference in the federal and California capital gain tax rates. O Whenever there is a sale of a personal residence. Mark for follow up Module 2 Question 1 of 10. When would an adjustment to capital gain (or loss) be necessary on the California return? O When the holding period of an asset is short term. When there is a difference in the basis of an asset resulting from differences between California and federal laws in prior years. When there is a difference in the federal and California capital gain tax rates. O Whenever there is a sale of a personal residence. Mark for follow up