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Form Instructions 8949 IN: What You Should Know
If you have additional gains, enter the dates for each.) If the loss is from a sale, use box C for the loss, and Box D for the adjusted basis. Form 8949 — Line 3, Adjustments Sep 14, 2024 — Complete Form 8949 after you complete line 7, or before you complete line 1b, 2, 3, 8b, 9, or 10. (See line 1b, 2, 3, 8b, 9, or 10 for more information.) If you have capital gain from foreign sources, report it on this line even if you file Schedule D. Form 8949 — Line 6a Sep 14, 2024 — Enter the date you acquired the stock. Line 3 — Disposition or Sale (If a sale) Enter the date that the company disposes of the property, if you are a shareholder, and you have an adjusted basis in the property before you acquired it. If you are a stockholder, use line 3A. You do not have an adjusted basis until after you acquire the property to sell. Line 9 — The Basis for Depreciation and Amortization (See page 3 of the chart) Enter the date acquired, box A for taxable depreciation, or Box C for gross carrying. If you did not acquire the property to carry, use box D. Adjust the basis: If you do not have a capital loss, to the amount of the gain for 2017. If you have a capital loss, to the losses for 2024 that are deductible as a section 179 loss. If your adjusted basis for depreciation is greater than your gross carrying amount, increase the basis to the difference, or To determine the amount of capital loss or gain you may have, you must use the chart on page 3 of our Form 8949 Instructions for Reporting Capital Gains — Part 2. If you used a real property investment allowance (RIA) with your section 1250 election, or if your section 1250 election is being revoked, Add any capital loss that is subject to the AMT. The amount you report on line 5a from line 23 on your Schedule D is the basis of your property on September 14, 2017, minus any AMT capital losses that you reported in the statement you received on or before the day before your purchase of the stock.
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