Texas Schedule A/B: Property (individuals) is a form used by Texas residents to report income and expenses from the sale or exchange of certain types of property. The form is divided into two parts: Schedule A and Schedule B. Schedule A is for individuals who are reporting income from the sale or exchange of capital assets, such as stocks, bonds, mutual funds, and other investments. This includes profits or losses resulting from the sale of real estate, vehicles, boats, artwork, and other personal property. Schedule B is for individuals who are reporting income from the sale or exchange of business or rental property. This includes profits or losses resulting from the sale of business assets, such as business equipment, inventory, or real estate. In both cases, individuals must report the date of the sale or exchange, the description of the property, the purchase price and any expenses associated with the sale or exchange, and the amount of gain or loss realized. Texas Schedule A/B: Property (individuals) must be completed and filed with the Texas Comptroller of Public Accounts.