Internal Revenue Service United States Department of the Treasury
Level Basic Advanced Military International

Income — Capital Gain or Loss

Form 8949 and Schedule D

Reporting Other Gains

Case Study

Eldridge received a Form 1099-DIV. Box 2a shows he received a total capital gain distribution of $170.

Eldridge also received Form 1099-B that shows a net sales price of $1,200 on the sale of 600 shares of ABC Group, Inc; the Form 1099-B did not show his basis. He held the stock for over 6 years. His basis in ABC, including commission, is $1,455.

Eldridge must use Schedule D to report his capital gain distribution because he sold stock that must be reported on Form 8949 and Schedule D.

Click here to review Eldridge's Form 1099-DIV.

Click here to review Eldridge's Form 8949 and Schedule D, Part II.

Eldridge.
Eldridge's Form 1099-DIV
Eldridge's Form 1099-DIV

Eldridge's Form 1099-DIV

Eldridge's Schedule D, Part II