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Yes I understand that but why is the unrecaptured section 1250 gain on line 9c schedule K also being included in the net section 1231 gain on line 10 schedule K...
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We sold a building and I reported it on form 4797. We had a gain of which a portion was unrecaptured depreciation and remainder was capital gain. My problem is ...
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How do I report the capital gain portion of the section 1250 gain along with the unrecaptured depreciation.