Questions tagged [schedule-d]
The schedule-d tag has no usage guidance.
10
questions
1
vote
1answer
64 views
Capital Gains and Capital Gain Distributions for a mutual fund
I'm currently working on my tax return for 2018. I have taken my 1099's and calculated short term and long term capital gains and losses for my mutual funds where basis is reported and unreported. ...
1
vote
1answer
37 views
Schedule D, what flow to follow if you have no long term transactions but only short term gain?
The instruction for Schedule D form seems a bit ambiguous. On line 17 it says, If both line 15(total long term) and line 16(total long term + short term) are gains, go to line 18(which makes you do ...
3
votes
1answer
91 views
My stock broker gave me two 1099-Bs. Should I file two Schedule-Ds?
Robinhood is my broker and this year I decided to file my Federal and state taxes by myself.
Robinhood gave me two 1099-Bs for last year. Half of my transactions are on one 1099-B and the other half ...
3
votes
1answer
217 views
Received K-1 from ETF whose basis wasn't reported. Can I use just Schedule D without Form 8949?
I received a K-1 from an ETF, as well as an insert with instructions on what to do with the numbers on it. This ETF was my only holding whose basis was not reported to the IRS.
The "Other income (...
3
votes
2answers
195 views
Is it mandatory to report Capital Loss on line 21 of Schedule D?
Is it mandatory to specify a capital loss value on line 21 of Schedule D?
We are married filling joint return; we have capital loss over $3000 but our income is very low and we don't have to pay ...
1
vote
0answers
54 views
US tax question, sold foreign stock and after some time repatriated the money. How do I handle currency fluctuations?
I, a US citizen sold some foreign stocks. But could repatriate the money to US after a while. In that time the currency moved substantially. How do I account for currency fluctuations? My Schedule D ...
0
votes
1answer
155 views
What are tax implications of short vs long term capital losses?
I have read in multiple places that you can use investment losses of up to $3,000/year against your taxes.
Is this as a deduction or credit? Does it count as an addition to itemized deductions or is ...
2
votes
1answer
131 views
Some U.S. Tax Questions (CPA Concerns)
I tried to do my personal taxes myself with TurboTax this year, but decided my situation was more complicated than I could handle, so filed an extension and decided to engage a CPA. He missed a few ...
2
votes
2answers
3k views
Is Form 1040, Line 13 always populated from Schedule D, Line 16?
On schedule D, line 22, it says to Complete the Qualified Dividends and Capital Gain Tax Worksheet in the instructions for Form 1040, Line 44.
If I have reached line 22 on Schedule D, because Line ...
5
votes
1answer
5k views
How to report adjustment to basis of sale of a publicly traded partnership?
I've received a K-1 from a publicly traded partnership, which lists Cumulative Adjustments to Basis. I sold some of the shares in this PTP in 2011, and for each lot, there is an amount in this ...
