Schedule D
Definition of 'Schedule D'A U.S. income tax form used by taxpayers to report their realized capital gains or losses. Investors are required to report their capital gains (and losses) from the sales of assets, which result in different cash values being received for them than what was originally paid, in order to affix some amount of taxation to the income and wealth that is generated through investment activities. |
|
Investopedia explains 'Schedule D'Schedule D is a complicated form that has confounded investors for years. However, changes in legislation came into effect with the Jobs And Growth Tax Relief Reconciliation Act of 2003, which made qualifying dividends subject to capital gains tax instead of normal income tax, the form and its applicable regulations have become moderately less complex. |
Related Definitions
Articles Of Interest
-
Retirement Plan Tax Form 5329: When To File
Read this if you've taken early distributions or owe excess-contribution or excess-accumulation penalties. -
Retirement Plan Tax Form 8606: When To File
If you have a Roth IRA, you are responsible for keeping track of your pretax versus after-tax assets. -
Will Your Home Sale Leave You With Tax Shock?
Learn how the newest tax laws apply to the proceeds you earn. -
Will A New Fund Manager Cost You?
Learn how a change in leadership could mean more taxes for you. -
Tax Tips For The Individual Investor
We give you seven guidelines to help you keep more of your money in your pocket. -
Selling Losing Securities For A Tax Advantage
Tax-loss harvesting can help you to reduce taxes on your portfolio gains, but make sure you know the rules! -
I sold my house. Can I exclude the gain from my income?
Generally, you are required to include the gain from the sale of your home in your taxable income. However, if the gain is from your primary home, you may exclude up to $250,000 ($500,000 for ... -
The U.S. National Spending And Debt
We are looking at what could be the official year of the Federal Budget, or, more specifically, our debt and how we will manage it for many years to come. -
What Determines Your Cost Basis?
In any transaction between a buyer and seller, the initial price paid in an exchange for a product or service will qualify as the cost basis. When it comes to securities and related financial ... -
Know Your Stock Cost Basis
Understanding equity cost basis is critical for tracking the gains or losses of an investment.
Free Annual Reports