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

Income — Capital Gain or Loss Workout

Skills Workout

Certification Warm Up: Question 3 of 7

On July 12, 2020, Helena bought 1,000 shares of stock for $8,000, including commission. On July 12, 2021, she sold the shares for $4,600, sales price less commissions (net proceeds) shown on Form 1099-B.

Which section of Form 8949 will you use to report Helena's loss?

Click here if you want to see Form 8949 pages 1 and 2.

Page 1 to report the long-term loss
Page 1 to report the short-term loss
Page 2 to report the short-term loss
Page 2 to report the long-term loss


Form 8949

Form 8949