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Form 1040 Schedule D Capital Gains And Losses Form. This is a Official Federal Forms form and can be use in Department Of Treasury.
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SCHEDULE D (Form 1040) Department of the Treasury Internal Revenue Service (99)Capital Gains and Losses Attach to Form 1040 or Form 1040NR. Go to www.irs.gov/ScheduleD for instructions and the latest information. Use Form 8949 to list your transactions for lines 1b, 2, 3, 8b, 9, and 10. OMB No. 1545-0074 2018 Attachment Sequence No. 12 Name(s) shown on return Your social security number Part I Short-Term Capital Gains and Losses227Generally Assets Held One Year or Less (see instructions) See instructions for how to figure the amounts to enter on the lines below. This form may be easier to complete if you round off cents to whole dollars. (d) Proceeds (sales price) (e) Cost (or other basis) (g) Adjustments to gain or loss from Form(s) 8949, Part I, line 2, column (g) (h) Gain or (loss) Subtract column (e) from column (d) and combine the result with column (g) 1a Totals for all short-term transactions reported on Form 1099-B for which basis was reported to the IRS and for which you have no adjustments (see instructions). However, if you choose to report all these transactions on Form 8949, leave this line blank and go to line 1b . 1b Totals for all transactions reported on Form(s) 8949 with Box A checked ............. 2 Totals for all transactions reported on Form(s) 8949 with Box B checked ............. 3 Totals for all transactions reported on Form(s) 8949 with Box C checked ............. 4 Short-term gain from Form 6252 and short-term gain or (loss) from Forms 4684, 6781, and 8824 .. 4 5 Net short-term gain or (loss) from partnerships, S corporations, estates, and trusts from Schedule(s) K-1............................. 5 6 Short-term capital loss carryover. Enter the amount, if any, from line 8 of your Capital Loss Carryover Worksheet in the instructions ........................ 6 ( ) 7 Net short-term capital gain or (loss). Combine lines 1a through 6 in column (h). If you have any long-term capital gains or losses, go to Part II below. Otherwise, go to Part III on the back ...... 7 Part II Long-Term Capital Gains and Losses227Generally Assets Held More Than One Year (see instructions) See instructions for how to figure the amounts to enter on the lines below. This form may be easier to complete if you round off cents to whole dollars. (d) Proceeds (sales price) (e) Cost (or other basis) (g) Adjustments to gain or loss from Form(s) 8949, Part II,line 2, column (g) (h) Gain or (loss) Subtract column (e) from column (d) and combine the result with column (g) 8a Totals for all long-term transactions reported on Form 1099-B for which basis was reported to the IRS and for which you have no adjustments (see instructions). However, if you choose to report all these transactions on Form 8949, leave this line blank and go to line 8b . 8b Totals for all transactions reported on Form(s) 8949 with Box D checked ............. 9 Totals for all transactions reported on Form(s) 8949 with Box E checked ............. 10 Totals for all transactions reported on Form(s) 8949 with Box F checked.............. 11 Gain from Form 4797, Part I; long-term gain from Forms 2439 and 6252; and long-term gain or (loss) from Forms 4684, 6781, and 8824 ....................... 11 12 Net long-term gain or (loss) from partnerships, S corporations, estates, and trusts from Schedule(s) K-1 12 13 Capital gain distributions. See the instructions ................... 13 14 Long-term capital loss carryover. Enter the amount, if any, from line 13 of your Capital Loss Carryover Worksheet in the instructions ........................ 14 ( ) 15 Net long-term capital gain or (loss). Combine lines 8a through 14 in column (h). Then go to Part III onthe back ................................ 15 For Paperwork Reduction Act Notice, see your tax return instructions. Cat. No. 11338H Schedule D (Form 1040) 2018 American LegalNet, Inc. www.FormsWorkFlow.com Schedule D (Form 1040) 2018 Page 2 Part III Summary16 Combine lines 7 and 15 and enter the result.................. 16 225 If line 16 is a gain, enter the amount from line 16 on Schedule 1 (Form 1040), line 13, or Form1040NR, line 14. Then go to line 17 below. 225 If line 16 is a loss, skip lines 17 through 20 below. Then go to line 21. Also be sure to complete line 22.225 If line 16 is zero, skip lines 17 through 21 below and enter -0- on Schedule 1 (Form 1040), line13, or Form 1040NR, line 14. Then go to line 22. 17 Are lines 15 and 16 both gains? Yes. Go to line 18. No. Skip lines 18 through 21, and go to line 22.18 If you are required to complete the 28% Rate Gain Worksheet (see instructions), enter the amount, if any, from line 7 of that worksheet................. 18 19 If you are required to complete the Unrecaptured Section 1250 Gain Worksheet (see instructions), enter the amount, if any, from line 18 of that worksheet......... 19 20 Are lines 18 and 19 both zero or blank? Yes. Complete the Qualified Dividends and Capital Gain Tax Worksheet in the instructionsfor Form 1040, line 11a (or in the instructions for Form 1040NR, line 42). Don't complete lines21 and 22 below. No. Complete the Schedule D Tax Worksheet in the instructions. Don't complete lines 21 and 22 below. 21 If line 16 is a loss, enter here and on Schedule 1 (Form 1040), line 13, or Form 1040NR, line 14, the smaller of: 225 The loss on line 16; or 225 ($3,000), or if married filing separately, ($1,500) }............... 21 ( ) Note: When figuring which amount is smaller, treat both amounts as positive numbers. 22 Do you have qualified dividends on Form 1040, line 3a, or Form 1040NR, line 10b? Yes. Complete the Qualified Dividends and Capital Gain Tax Worksheet in the instructionsfor Form 1040, line 11a (or in the instructions for Form 1040NR, line 42). No. Complete the rest of Form 1040 or Form 1040NR. Schedule D (Form 1040) 2018 American LegalNet, Inc. www.FormsWorkFlow.com