| 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 Page 2. Summary: This is an example Schedule D (Form 1040), Page 2 with these line items filled out:
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Under Part III: Taxable Gain or Deductible Loss:
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17a. Combine lines 7a and 16 and enter the result. If a loss, enter 0 on line 17b and go to line 18. If a gain, enter the
gain on Form 1040,
line 13a, and go to line 17b below. field contains 9,350
17b. Combine lines 7a and 15. If zero or less, enter 0. Then complete Form 1040 through line 40. Next: If line 16 of Schedule
D is a gain or
you have qualified dividends on Form 1040, line 9b, complete Part IV below. Otherwise, skip the rest of Schedule D and complete
Form 1040. field
contains 9,050
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Under Part IV: Tax Computation Using Maximum Capital Gains Rates:
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19. Enter your unrecaptured section 1250 gain, if any, from line 17 of the worksheet on page D-7 of the instructions field
contains
0
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20. Enter your 28% rate gain, if any, from line 18 of the worksheet on page D-6. field contains 450
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22. field contains 0
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53. Tax on all taxable income. Enter the smaller of line 51 or line 52 here and on Form 1040, line 41 field contains
3,651
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