Form 8949, Sales and Other Dispositions of Capital Assets (Page
2)
Summary: This is an example Form 8949, Page 2, with these items filled
out:
- Name shown on Form 1040 field contains Emily Jones
- Your social security number field contains 111-00-1111
- Under Part II: Short-Term Capital Gains and Losses—Assets Held More Than One
Year
-
- Check box A since the listed transactions were reported on Form 1099-B with basis reported to the
IRS.
- 3. Two long-term transactions are listed with sales prices of 5,000 and 4,100 and cost or other basis of 4,700 and 1,100, respectively. The second transaction has a loss adjustment of (1,500) with a code of S for a deferred loss from the sale of qualified small business
stock.
- 4. Added all sales prices for total of 9,100, all costs or other bases for total of 5,800, and all adjustments for a total of (1,500). Enter these totals in columns (e), (f), and (g) of line 8 of Schedule
D.
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