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Aneta Sold an Apartment Building for $713,470 in 2016

Question 56

Multiple Choice

Aneta sold an apartment building for $713,470 in 2016.She purchased the building in 2010 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) $151,806 at 28% and $113,470 at 15%.
B) $113,470 at 0% and $151,806 at 28%.
C) $151,806 at 25% and $113,470 at 15%.
D) $113,470 at 25% and $151,806 at 15%.

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