Multiple Choice
Aneta sold an apartment building for $713,470 in 2017.She purchased the building in 2011 for $600,000 and has taken $151,806 in depreciation on the building.Assuming Aneta is in the 33% tax bracket,how is her gain taxed?
A) $113,470 at 0% and $151,806 at 28%.
B) $113,470 at 25% and $151,806 at 15%.
C) $151,806 at 28% and $113,470 at 15%.
D) $151,806 at 25% and $113,470 at 15%.
Correct Answer:

Verified
Correct Answer:
Verified
Q90: Francisco sells a parcel of land for
Q91: Respond to the following independent situations:<br>a.Rosalva and
Q92: Otis bought a 2-unit apartment building in
Q93: Gabriella,a single taxpayer,has wage income of $160,000.In
Q94: Property owned by a taxpayer and used
Q96: Tanisha buys a sculpture from a collector
Q97: Unused capital losses in any one year
Q98: In 2016,Daryl sold 425 shares of
Q99: Which of the following is Section 1231
Q100: Dancing Feet Company,a sole proprietorship,acquired a building