Individuals use Form 8949 to report the following. The sale or exchange of a capital asset not reported on another form or schedule. Gains from involuntary conversions (other than from casualty or theft) of capital assets not used in your trade or business. Nonbusiness bad debts. Worthlessness of a security.
Jul 25, 2022 · IRS Form 8949 is a tax form whose primary purpose is to report sales and exchanges of capital assets. Form 8949 is filed along with Schedule D of your individual federal income tax Form 1040, Form 1040-SR, or Form 1040-NR. IRS Form 8949 reports sales and exchanges of capital assets, including cryptocurrency, to the Internal Revenue Service (IRS).
Feb 20, 2021 · Anyone who sells or exchanges a capital asset such as stock, land, or artwork must complete Form 8949. Both short-term and long-term transactions must be documented on the form. Details about the...
Product Number Title Revision Date Posted Date; Form 8949: Sales and other Dispositions of Capital Assets 2021 12/13/2021 Inst 8949
The Form8949.com app helps you self-prepare your 2021 or prior year Form 8949 and Schedule D (and Form 4797, if applicable). The app can also help you import your data into tax software applications. You don't pay until after you review and approve our web application results. Begin Tax Year 2021 App
Mar 30, 2021 · Form 8949: An Internal Revenue Service form implemented in tax year 2011 for individual taxpayers to report capital gains and losses from investment activity. Taxpayers must use form 8949, Sales ...
People also ask
How to fill out a 8949 form?
What do I do with form 8949?
What is form 8949 used for?
Who must file Form 8949?