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2. Depreciation recapture - Wikipedia

   en.wikipedia.org/wiki/Depreciation_recapture

   The remainder of any gain realized is considered long-term capital gain, provided the property was held over a year, and is taxed at a maximum rate of 15% for 2010-2012, and 20% for 2013 and thereafter. If Section 1245 or Section 1250 property is held one year or less, any gain on its sale or exchange is taxed as ordinary income.

3. 1231 property - Wikipedia

   en.wikipedia.org/wiki/1231_property

   “Non-recaptured loss” is covered by 1231(c). This provision refers to a situation when a taxpayer claims a 1231 loss in year one, but seeks a 1231 gain in any of subsequent years two through six. Any gain which is less than or equal to the loss in year one will be characterized as ordinary income rather than long-term capital gain (which ...

4. Capital gains tax in the United States - Wikipedia

   en.wikipedia.org/wiki/Capital_gains_tax_in_the...

   The amount remaining after offsetting is the net gain or net loss used in the calculation of taxable gains. For individuals, a net loss can be claimed as a tax deduction against ordinary income, up to $3,000 per year ($1,500 in the case of a married individual filing separately). Any remaining net loss can be carried over and applied against ...

5. Schedule D: How to report your capital gains (or losses) to ...

   www.aol.com/finance/schedule-d-report-capital...

   Schedule D is an IRS tax form that reports your realized gains and losses from capital assets, that is, investments and other business interests. It includes relevant information such as the total ...

6. How to deduct stock losses from your taxes - AOL

   www.aol.com/finance/deduct-stock-losses-taxes...

   The IRS limits your net loss to $3,000 ... if you have a $20,000 loss and a $16,000 gain, you can claim the maximum deduction of $3,000 on this year’s taxes, and the remaining $1,000 loss in a ...

7. Capital Gains Tax Rates for 2024-2025 - AOL

   www.aol.com/capital-gains-tax-rates-2023...

   Individuals and couples with an income that exceeds the limits of the 15% tax rate are subject to a 20% tax rate. Individuals and couples with an income below the minimum for the 15% capital gains ...