Tax Form: 8949 (available at irs.gov); this form should be completed for Brian and Amanda’s capital gains and losses from investments.

In next week’s assignment, the results should be entered in Schedule D and the Schedule D total entered into their primary tax return 1040.

Use the following information to fill out form 8949:

Item	Date Acquired	Date Sold	Cost
Sales Price
Blue Stock (10 shares)	11/10/16	3/12/17	$3,000
$6,000
Purple stock (100 shares)	12/13/15	5/23/17	$36,000
$32,000
Beige stock (50 shares)	12/14/12	7/14/17	$13,000
$14,500
Red stock (100 shares)	6/29/16	5/18/17	$26,000
$27,000
Black stock (100 shares)	5/15/16	10/18/17	$67,000
$67,800
Gray stock (100 shares)	4/23/15	10/18/17	$89,000
$88,200

Answer rating: 100% (QA)

Ans Purchase date Purchase price Sale date Sale price LT or ST Gain Loss 1 Shares of ... View the full answer