Where would this go on the 1040 or schedule D?

On September 15, 2018 John and Mary sold 400 shares of Greatstone stock which they had acquired on November 1, 2013. They sold the stock for $12,000 and had purchased it for $7,000. They also sold a vacant lot which they had acquired on June 2, 2000 at a cost of $32,000. They sold the lot for $42,000 on 10/1/18. They also sold 250 shs IBM stock on December 12, 2018 for $16,000; they had acquired this stock on December 20, 2017 for $10,000

Answer rating: 100% (QA)

It looks like John and Mary had several transactions 1 Sold 400 shar... View the full answer