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Name(s) shown on Form 1040 Part I OMB No. 1545-0074 Continuation Sheet for Schedule D (Form 1040) SCHEDULE D-1 (Form 1040) 1999 Attachment Sequence No. 12A Your social security number Short-Term Capital Gains and Losses Assets Held One Year or Less (a) Description of property (Example: 100 sh. XYZ Co.) (b) Date acquired (Mo., day, yr.) (c) Date sold (Mo., day, yr.) (d) Sales price (see page D-5) (e) Cost or other basis (see page D-5) (f) GAIN or (LOSS). Subtract (e) from (d).

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The result will be a net long-term gain or loss. Remember, any long-term gains or losses from art, jewelry, antiques, precious metals, etc., which are termed "collectibles," are taxed at a 28 percent rate. You will need to complete the 28% Rate Gain Worksheet in the Schedule D Instructions.

If you are filing a joint return, complete as many copies of Form 8949 as you need to report all of your and your spouse's transactions. You and your spouse may list your transactions on separate forms or you may combine them.

Form 8949 isn't required for certain transactions. You may be able to aggregate those transactions and report them directly on either line 1a (for short-term transactions) or line 8a (for long-term transactions) of Schedule D.

While all capital gains are taxable and must be reported on your tax return, only capital losses on investment or business property are deductible.

The worksheet is for taxpayers with dividend income only or those whose only capital gains are capital gain distributions reported in box 2a or 2b of Form 1099-DIV that were received from mutual funds, other regulated investment companies, or real estate investment trusts.

Form 8453 is the cover sheet for documents you are required to send to the IRS. Usually the "acceptable continuation sheet" for Schedule D is a copy of your brokerage statement or something similar, such as Form 8949.

You must file Schedule D when you have capital gains or losses to report that are from investments or are the result of a business venture or partnership. Both short-term and long-term gains and losses are included.

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232