Published: by Jacob Rothman |
permalink In general, taxpayers who have short-term capital gains, short-term capital losses, long-term capital gains or long-term capital losses must report this information on Schedule D, an IRS form that accompanies form 1040. Schedule D is not just for reporting capital gains and losses from investments; it is also used to report capital gains or losses from ownership in a partnership, S corporation, estate or trust.
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