Question: When do unrecaptured $ 1 2 5 0 gains apply? Multiple Choice When the taxpayer makes the election It applies only when noncorporate taxpayers sell

When do unrecaptured $1250 gains apply?
Multiple Choice
When the taxpayer makes the election
It applies only when noncorporate taxpayers sell depreciable real property at a gain
It'applies when $1245 recapture trumps $1250 recapture.
It applies only when real property purchased before 1986 is sold at a gain
None of the choices are correct.
When do unrecaptured $ 1 2 5 0 gains apply?

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