Annette has a section 1231 gain from the sale of land in 2022 of $5,000....

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Accounting

Annette has a section 1231 gain from the sale of land in 2022 of $5,000. She also has nonrecaptured net section 1231 losses from 2019 of $3,500. How is Annette's $5,000 gain treated in 2022

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