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- 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?
Looking for more information about this form? Here are some helpful resources:
- About the form - https://www.irs.gov/forms-pubs/about-schedule-d-form-1040
- Example copy of the form - https://www.irs.gov/pub/irs-pdf/f1040sd.pdf
- Form instructions - https://www.irs.gov/pub/irs-pdf/i1040sd.pdf
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.