Select the appropriate tax treatment with the list of various types of individual or business entity transactions. Question 9 options:

Long-term capital gain

Section 1231 gain or loss

Ordinary Income or loss

Not deductible Section

1250 gain Short term capital gain

1. Gains from sale of stock held for 9 months.

2. Gains are long-term capital gains and losses are ordinary if held for more than one year.

3. Results from the recapture of depreciation on real property.

4. Gain on the sale of personal jewelry held long term.

5. Loss on the sale of the personal residence lived in by the taxpayer and held long term.

6. Results from the sale of assets, such as land, buildings, or equipment, used in a trade or business for one year or less.