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taxmap/instr/i1040sd-000.htm#TXMP1f10b2b8

2011 Instructions for Schedule D (and Form 8949)

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Capital Gains and Losses(p1)

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2011

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These instructions explain how to complete Form 8949 and Schedule D (Form 1040). Form 8949 is new. Many transactions that, in previous years, would have been reported on Schedule D or D-1 must be reported on Form 8949 if they occur in 2011. Complete Form 8949 before you complete line 1, 2, 3, 8, 9, or 10 of Schedule D.
Use Form 8949 to report:
Use Schedule D:
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Additional information.(p1)
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See Pub. 544 and Pub. 550 for more details. For a comprehensive filled-in example of both Form 8949 and Schedule D, see Pub. 550.
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What's New(p1)

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The IRS has created a page on IRS.gov for information about Form 8949 and Schedule D at www.irs.gov/form8949. Information about any tax law changes or other new developments affecting Schedule D or Form 8949 will be posted on that page.
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Form 8949.(p1)
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Form 8949 is new. Many transactions that, in previous years, would have been reported on Schedule D or D-1 must be reported on Form 8949 if they occur in 2011. Complete all necessary pages of Form 8949 before completing line 1, 2, 3, 8, 9, or 10 of Schedule D. Instructions for how to complete Form 8949 are included in these instructions.
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Basis on Form 1099-B.(p1)
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If you sold a covered security in 2011, your broker will send you a Form 1099-B (or substitute statement) that shows your basis. This will help you complete Form 8949. Generally, a covered security is a security you acquired after 2010, with certain exceptions explained in the instructions for Form 8949, column (f).
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Adjustments to gain or loss on Form 8949.(p1)
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In certain situations, you must put a code in column (b) of Form 8949 and report an adjustment to your gain or loss in column (g). See the instructions for Form 8949, columns (b) and (g).
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Short sales.(p1)
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Some instructions for reporting short sales have changed. See the instructions for Form 8949, columns (c) and (d).
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Schedule D-1.(p1)
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For 2011 transactions, Schedule D-1 is no longer in use. Form 8949 replaces it.