Investor Glossary-schedule dInvestor Glossary-schedule dInvestor Glossary-schedule dInvestor Glossary-schedule dInsightful stock market charts - Click here
investor
Categories    # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Schedule D

The HTML to link to this page
 

Schedule D is an IRS income tax form. Taxpayers use Schedule D to report realized gains and losses from the sale of capital assets, as defined by the IRS. Schedule D must show the date of sale and purchase of the asset. Schedule D must also indicate the cost or adjusted basis of the asset so the proper taxable amount can be calculated. Qualified dividends are also reported on Schedule D. Capital gains under Schedule D can be offset by capital losses up to the IRS preset amount (i.e. in 2007, $3,000 for married couple filing jointly or $1,500 if married filing separately). Note however that, under Schedule D, a short term capital loss can only offset a short term capital gain, and vice versa. If total capital losses under Schedule D is greater that the IRS preset limit, then any capital loss over such limit (i.e. carryover capital loss) can be carried to the next tax year. Assets listed on Schedule D can be affected by the wash sale rule.



Rate this Schedule D definition...

Learn about investing with the Investor Glossary Term of the Day


Click here for insightful stock market charts. Where is the market headed? The answer may surprise you. Find out
with the exclusive & Barron's recommended charts of Chart of the Day.


Popular Terms: inflation, stock split, required rate of return, 144a, option premium, VIX, class C shares, implied volatility, diluted share, average price per share, APR, risk management, deferred revenue, LIBOR, limit order, deferred tax, real GDP, ex-dividend, current ratio, annual return, minority interest, 1031 exchange, stock market close, FICO score, labor relations, per diem, retained earnings, quality assurance, ex-dividend date, FTSE, debt service coverage, liquidity ratio, 401a, command economy, dividends payable, Key Rate Duration, Zero Cost Collar, irrevocable trust, balance sheet, reverse mortgage, open position, 1035 exchange, phantom income, covered put, cancelled check, in escrow, EBITDA, wholly-owned subsidiary, margin rate


Accounting | Banking | Bonds | Brokers | Economy | Futures | Mutual Funds | Options | Real Estate | Retirement | Stocks | Taxes | Technical Analysis
Home | Term of the Day | Suggest a Term | Chart of the Day | Dogs of the Dow
©2004-2016 Investor Glossary - All rights reserved - Terms of Use