Schedule D (Form 1040) Capital Gains and Losses 2004

Summary: This is an example of Schedule D (Form 1040) 2004 as pertains to the text. The completed line items are:

  • Name(s) shown on Form 1040 field contains Charles and Lily Woods
  • Your social security number field contains 123-00-4567
  • Under Part II: Long-Term Capital Gains and Losses--Assets Held More Than One Year:
    • 8. (a) Description of property (Example: 100 shares X.Y.Z. Company)(b) Date acquired (Month, day, year)(c) Date sold (Month, day, year)(d) Sales price (see page D-6 of the instructions)(e) Cost or other basis (see page D-6 of the instructions)(f) Gain or (loss) Subtract (e) from (d)
    Partnership #2 (entire disposition of passive activity)12-2-9112-4-0425,30010,00015,300
    Partnership #3 (entire disposition of passive activity)12-15-9211-18-0415,00011,0004,000
  • 9. Enter your long-term totals, if any, from Schedule D-1, line 9 field contains 40,300
  • 11. Gain from Form 4797, Part I; long-term gain from Forms 2439 and 6252; and long-term gain or (loss) from Forms 4684, 6781, and 8824: (f) Gain or (loss) field contains 2,776
  • 15. Net long-term capital gain or (loss). Combine lines 8 through 14 in column (f). Then go to Part III on the back field contains 22,076

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