### Question
Can you define what adjusted net capital gain means?


### Answer
**Adjusted net capital gain** is defined as the following in *26 U.S.C. § 1*:

> net capital gain determined without regard to—


(A) collectibles gain,


(B) unrecaptured section 1250 gain,


(C) section 1202 gain, and


(D) mid-term gain

#### Citation:
  - *26 U.S.C. § 1*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter A-Determination of Tax Liability > PART I-TAX ON INDIVIDUALS**

