Go to the IRS website (www.irs.gov) and print Schedule D for Form 1040 and Form 8949.
Compute the net effect of the following asset sales on Gineen Tibeau’s taxable income using Form 8949 and Schedule D:
a. 100 shares of ABC stock; original cost = $4,000; selling price = $6,000
b. $5,000 in CDF bonds; original cost = $5,100; selling price = $4,950
c. Original Dali drawing; cost = $23,000; selling price = $31,000
d. 200 shares of GHI stock; original cost = $8,000; selling price = $6,400
e. 5,000 shares of XYZ stock; original cost = $20,000; selling price = $12,000
f. All assets except the CDF bonds have been held for more than one year.