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Question 14 of 75. A business-use car held long-term and sold at a Loss is treated as what Section property? 5179. 1231 1245. O $1250.

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Question 14 of 75. A business-use car held long-term and sold at a Loss is treated as what Section property? 5179. 1231 1245. O $1250. Mark for follow up Question 15 of 75 1250 gain is: Which of the following statements is correct with regard to unrecaptured $1250 gain? Unrecaptured s O Taxed at 28% capital gains tax rate or the taxpayer's lower tax rate, if applicable 0 Taxed at 25% capital gains tax rate or the taxpayer's lower tax rate, if applica 0 Taxed at 15% capital gains tax rate or the taxpaye Taxed at 0% capital gains tax Mark for follow up r's lower tax rate, if applicable rate or the taxpayer's lower tax rate, if applicable

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