Course Topics:
- Define and recognize examples of capital assets
- Recognize the assets covered under section 1231 (e.g., property used in a trade or business, unharvested crop)
- Identify and calculate section 1231 gain and loss
- Recognize the rules for capital gains taxation (e.g., short-term, long-term)
- Calculate capital gains and losses
Estimated Time: 45 minutes
- Teacher: Miguel Serrano