SCHEDULE D (FORM 1040) Capital Gains and Losses 2011
Summary: This is an example Schedule D (Form 1040), Page 1 with included items as described in the comprehensive example. Additionally, these line items were filled
out:
- Name(s) shown on Form 1040 field contains Emily Jones
- Your social security number field contains 111-00-1111
- Under Part I: Short-Term Capital Gains and Losses--Assets Held One Year or
Less:
-
- 1. Add together the long-term sales price, total cost or other basis entries, and adjustments in columns (e), (f), and (g), and place the total in column (h). field contains negative 250.
- 6. Short-term capital loss carryover from line 8 of Capital Loss Carryover Worksheet. field contains negative
300
- 7. Net short-term capital gain or (loss). Combine lines 1 through 6 in column (h). field contains negative
550
- Under Part II Long-Term Capital Gains and Losses--Assets Held More Than One
Year:
-
- 8. Add together the long-term sales price, total cost or other basis entries, and adjustments in columns (e), (f), and (g), and place the total in column (h). field contains 1,800.
- 14. Long-term capital loss carryover from line 13 of Capital Loss Carryover Worksheet. field contains negative
500
- 15. Net long-term capital gain or (loss). Combine lines 8 through 14 in column (f). field contains
1,300
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