Question: 37) When does unrecaptured 1250 gains apply? A) When the taxpayer makes the election. B) It applies only when non-corporate taxpayers sell depreciable real property

37) When does unrecaptured 1250 gains apply?

A) When the taxpayer makes the election.

B) It applies only when non-corporate taxpayers sell depreciable real property at a gain. C) It applies when 1245 recapture trumps 1250 recapture.

D) It applies only when real property purchased before 1986 is sold at a gain.

E) None of the choices are correct.

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