Which of the following method is the default under MACRS for less than fifty percent business use? a. straight-line b. 200% declining balance switching to straight-line c. sum of the years digits d. units of production e. 150% declining balance switching to straight-line All refunds from any state are reported on Form (one hyphenated word) The tax treatment of a capital gain or loss varies depending on all of the following except: a. the netting of all gains and losses b. the holding period c. trick question, they all apply in determining the tax treatment d. the basis of the asset sold e. the taxpayer's regular taxable income