SCHEDULE D (Form 1040) Capital Gains and Losses 2011
Summary: This is an example of Schedule D (Form 1040) 2011 as pertains to the example in the text for Emily White. The line items completed
are:
- Under
Part II: Long-Term Capital Gains and Losses--Assets Held More Than One
Year
: -
10e. Sales price from Form(s) 8949, line 4, column (e)
field contains 195,000 -
10f. Cost or other basis from Form(s) 8949, line 4, column (f)
field contains (52,459) -
10g. Adjustments to gain or loss from Form(s) 8949, line 4, column
(e)
field contains (130,061) -
10h. Gain or (loss) combine columns (e), (f), and (g)
field contains 12,480 -
15. Net long-term capital gain or (loss). Combine lines 8 through 14 in column (h). Then go to Part III on the
back
field contains 12,480
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