About this Course
Topics covered include:
Gains and losses;
Capital and ordinary assets;
Capital gains and losses;
Form 8949 and Schedule D;
Wash sale rule and installment sale rule.
Upon completing this course, you should be able to:
Describe what a capital asset is;
Describe tax basis and holding period;
Figure gain or loss;
Apply the capital loss limitation;
Describe the wash sale rule;
Determine reporting under the installment sale rule;
Complete Form 8949 and Schedule D of Form 1040.