Which of the following statements regarding recapture is true?
A) Recapture occurs when there is a positive balance in a class pool and the pool is empty.
B) Recapture may be deducted from business income.
C) Recapture occurs when there is a positive balance in a class pool, even if there are assets remaining in the class pool.
D) Recapture occurs when there is a negative balance in a class pool, even if there are assets remaining in the class pool.

Question

Quizplus · Accepted Answer

The Answer of Which of the following statements regarding recapture is true?
A) Recapture occurs when there is a positive balance in a class pool and the pool is empty.
B) Recapture may be deducted from business income.
C) Recapture occurs when there is a positive balance in a class pool, even if there are assets remaining in the class pool.
D) Recapture occurs when there is a negative balance in a class pool, even if there are assets remaining in the class pool.

Which of the Following Statements Regarding Recapture Is True