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Pub. 17, Your Federal Income Tax 2004 Tax Year

This is archived information that pertains only to the 2004 Tax Year. If you
are looking for information for the current tax year, go to the Tax Prep Help Area.

SCHEDULE D (FORM 1040) Capital Gains and Losses 2004. Summary: This is an example Schedule D (Form 1040), Page 1 with included items as described in the comprehensive example. Additionally, these line items were filled out:

Name(s) shown on Form 1040 field contains Emily Jones
Your social security number field contains 111-00-1111
Under Part I: Short-Term Capital Gains and Losses--Assets Held One Year or Less:
3. Total short-term sales price amounts. Add lines 1 and 2 in column (d) field contains 2,900
6. Short-term capital loss carryover from line 8 of Capital Loss Carryover Worksheet. field contains negative 300
7a. Combine lines 1 through 5 in column (g). If the result is a loss, enter the result. Otherwise, enter zero. Do not enter more than zero. field contains negative 250
7b. Net short-term capital gain or (loss). Combine lines 1 through 6 in column (f). field contains negative 550
Under Part II Long-Term Capital Gains and Losses--Assets Held More Than One Year:
10. Total long-term sales price amounts. Add lines 8 and 9 in column (d) field contains 20,200
14. Long-term capital loss carryover from line 13 of Capital Loss Carryover Worksheet. field contains negative 500
15. Combine lines 8 through 14 in column (g) field contains 9,300
16. Net long-term capital gain or (loss). Combine lines 8 through 14 in column (f). field contains 9,900

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