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Which of the following is categorized as a capital asset under Section 1221 of the Internal Revenue Code? A. Items held in inventory. B. An
Which of the following is categorized as a capital asset under Section 1221 of the Internal Revenue Code?
A. Items held in inventory.
B. An office building used in a taxpayer's business.
C. A rare coin collection.
D. A van owned by a florist, used to make deliveries to customers.
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