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Unformatted text preview: Long term 0/15% gain 25% gain 28% gain Unrecaptured Section 1250 gain Collectibles gain Net capital gain Preserve the lowest tax rate ltcg Qualified dividend income Domestic corporation Foreign corporation Capital loss carryover Retains its character Alternative tax on capital gains 16.8 Covenant not to compete 16.10 Execution date Settlement date Chapter 17 Section 1231 Involuntary conversion Purchased intangible assets 1245 recapture Chapter 7 Worthless security Completely worthless Small business stock Section 1244 stock Nolo press Income-producing activities Investing Passive Active, continuous regular management or control Security dealers Professional stock traders Real estate dealer Primarily for sale to customers Actively managing real estate Schedule E...
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This note was uploaded on 11/07/2011 for the course ACCT 508 taught by Professor Frankel during the Spring '10 term at S.F. State.
- Spring '10