Use Schedule D (Form 1040) to report the following.

• The sale or exchange of a capital asset (defined on this page) not reported on another form or schedule.
• Gains from involuntary conversions (other than from casualty or theft) of capital assets not held for business or profit.
• Capital gain distributions not reported directly on Form 1040, line 13 (or effectively connected capital gain distributions not reported directly on Form 1040NR, line 14).
• Nonbusiness bad debts.

See Pub. 544 and Pub. 550 for more details. For a comprehensive filled-in example of Schedule D, see Pub. 550.

Gain from the sale of your main home that is from a period of nonqualified use can no longer be excluded from your income. A period of nonqualified use is any time after 2008 when the property was not used as your main home. See Pub. 523 for details and exceptions.