2.05.5 Involuntary Conversions (1)

Question 問題、
A tornado destroyed Ian's forklift in 2018. Ian had purchased the forklift for $8,000 and had correctly deducted $6,000 of depreciation. Ian's adjusted basis in the forklift was $2,000. Ian's insurance company reimbursed him $9,000, and he spent $7,500 for a new forklift. How much ordinary income should Ian report on his 2018 income tax return?

A. $0

B. $1,500

C. $6,000

D. $7,000

The correct answer is 正解は、[B. $1,500]
= 保険金 $9,000 - 代替資産の取得価額 $7,500
収用や自然災害により強制的に資産を失い、保険金や補償金を受領した場合のGainは、代替資産の取得を条件に認識は繰り延べられる。ただし、受領した金額が代替資産の取得価額より大きい場合、その差額まではGainを認識しなければならない。