Publication 925: Passive Activity and At-Risk Rules;

This is archived information that pertains only to the 2004 Tax Year. If you
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Schedule D (Form 1040) Capital Gains and Losses 2004. Summary: This is an example of Schedule D (Form 1040) 2004 as pertains to the text. The completed line items are:

“Name(s) shown on Form 1040” field contains Charles and Lily Woods

“Your social security number” field contains 123-00-4567

Under “Part II: Long-Term Capital Gains and Losses--Assets Held More Than One Year”:

8. (a) Description of property (Example: 100 shares X.Y.Z. Company)	(b) Date acquired (Month, day, year)	(c) Date sold (Month, day, year)	(d) Sales price (see page D-6 of the instructions)	(e) Cost or other basis (see page D-6 of the instructions)	(f) Gain or (loss) Subtract (e) from (d)
Partnership #2 (entire disposition of passive activity)	12-2-91	12-4-04	25,300	10,000	15,300
Partnership #3 (entire disposition of passive activity)	12-15-92	11-18-04	15,000	11,000	4,000

“9. Enter your long-term totals, if any, from Schedule D-1, line 9” field contains 40,300

“11. Gain from Form 4797, Part I; long-term gain from Forms 2439 and 6252; and long-term gain or (loss) from Forms 4684, 6781, and 8824: (f) Gain or (loss)” field contains 2,776

“15. Net long-term capital gain or (loss). Combine lines 8 through 14 in column (f). Then go to Part III on the back” field contains 22,076