Couverture de Enrolled Agent Exam [Part 1] 09, Capital Gains and Losses Introduction

Enrolled Agent Exam [Part 1] 09, Capital Gains and Losses Introduction

Enrolled Agent Exam [Part 1] 09, Capital Gains and Losses Introduction

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This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: • The critical distinction between a capital asset (like a stock) and a non-capital asset (like a business delivery van). • How to master the holding period rule: a sale must occur *more than one year* after purchase to be long-term. • The proper reporting flow from the detailed transaction list on Form 8949 to the summary on Schedule D. • Why long-term gains on collectibles are taxed at a special 28% maximum rate, not the standard 0/15/20% rates. • How unrecaptured Section 1250 gain from depreciable real property is subject to a 25% maximum tax rate. For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or Youtube Channel: https://www.youtube.com/@Open-exam-prep
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