Summary: This is an example of Schedule D (Form 1040) 2006 as pertains to the text. The completed line items are:
Name(s) shown on Form 1040field contains Charles and Lily Woods
Your social security numberfield contains 123-00-4567
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 | 12-4-06 | 25,300 | 10,000 | 15,300 |
| Partnership #3 (entire disposition of passive activity) | 12-15-92 | 11-18-06 | 15,000 | 11,000 | 4,000 |
10. Total long-term sales price amounts. Add lines 8 and 9 in column (d)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 8824field 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 backfield contains 22,076