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 3 of 4

On January 7, Margo bought stock for $1,500, plus a $25 commission. On July 15, 18 months later, she sold the stock for $2,000 and paid a $25 commission. Her Form 1099-B shows the net proceeds of $1,975 as the sales price.

Which section of Schedule D will include Margo'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