2 1250 gain is taxed at what rate? (one number)...
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1250 gain is taxed at what rate? (one number) Your business bought equipment for $10,000 and has claimed $4,000 in depreciation and now sells it for $12,000. What is the gain situation? a. $6,000 of $1245 gain b. $4,000 of $1250 gain and $2,000 of long term capital gain c. $6,000 in long term capital gain d. $4,000 of $1245 gain and $2,000 of long term capital gain e. $6,000 of $1250 gain
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