Multiple Choice
Which one of the following is a capital asset?
A) Business inventory.
B) A computer used for investments.
C) A non-musical copyright created by the taxpayer.
D) Rental property.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q35: Patrice sells a parcel of land for
Q36: Ordinary gains or losses produced outside the
Q37: Amal gave his sister,Dora 100 shares of
Q38: If a taxpayer cannot specifically identify which
Q39: Otis,the taxpayer,has the following capital gains
Q41: The holding period for property acquired by
Q42: In 2017,Camilo had a net capital loss
Q43: In 2017,Miranda's has a net short-term capital
Q44: The basis of property transferred to a
Q45: All of the following statements regarding the