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

Income — Capital Gain or Loss Workout

Form 8949 and Schedule D

Skills Warm Up: Form 8949 and Schedule D

Question 1 of 4

On March 15, Bill bought 1,000 shares of stock for $15,000, including commission. On March 15, one year later, he sold 600 shares of the stock. Form 1099-B, box 6, reports sales price less commissions (net proceeds) of $7,800.

Which section of Schedule D will include Bill's gain or loss?

Click here if you want to see Schedule D.

Click here if you want to see Form 8949.

Part I
Part II