Tax Form Library
|
2 min. read

What is IRS Form 1040 Schedule D?

Understanding the purpose of a tax form or schedule is never a pleasant experience. That's why we created a comprehensive tax form library, showcasing the most frequently used tax forms and schedules you may encounter. We believe the process of staying compliant with your taxes should be as effortless as possible.

General Information

  • What is the form number?  Form 1040 Schedule D
  • What government agency is it filed with?  The Internal Revenue Service (IRS)
  • What is the form name?  Capital Gains and Losses
  • What is this form about?  Schedule D is attached to Form 1040 and is used by U.S. taxpayers to report capital gains and losses from the sale or exchange of capital assets, including stocks, bonds, and real estate. Considering both short-term and long-term transactions, it helps calculate the year's net capital gain or loss. The net results are then included in the Form 1040's income calculations.

What does it look like?

1040SD-full

Resources

Looking for more information about this form?  Here are some helpful resources:

How can we help you today?

Looking for more information about this or other tax forms?  The tax team at DiMercurio Advisors are tax compliance experts.  We are passionate about ensuring you are well-informed and in control of your tax situation.

Talk with an advisor

 

Related Posts

What is IRS Form 1040 Schedule E?

Reviewed by John Kirkland | Written on Jan 01, 2018 | Last updated on Oct 15, 2023

Tax Form Library

What is IRS Form 1040?

Reviewed by John Kirkland | Written on Jan 01, 2018 | Last updated on Oct 15, 2023

Tax Form Library

What is IRS Form 1040 Schedule C?

Reviewed by John Kirkland | Written on Jan 01, 2018 | Last updated on Oct 15, 2023

Tax Form Library

What is IRS Form 1040 Schedule F?

Reviewed by John Kirkland | Written on Jan 01, 2018 | Last updated on Oct 15, 2023

Tax Form Library

What is IRS Form 1040 Schedule H?

Reviewed by John Kirkland | Written on Jan 01, 2018 | Last updated on Oct 15, 2023

Tax Form Library