Instructions for Schedule D (Form 1120S) - Introductory Material

Table of Contents

Future Developments

For the latest information about developments related to Schedule D (Form 1120S) and its instructions, such as legislation enacted after they were published, go to

What's New

Form 1099-B.    Form 1099-B has been redesigned so that the information is reported in boxes that are numbered to match the corresponding line and column on Form 8949. Also, a new box was added at the top of Form 1099-B to tell you which box to check when completing Form 8949. These changes will make it easier for you to complete Form 8949.

  A Form 1099-B (or substitute statement) for transactions involving certain types of debt instruments acquired after 2013 will have more detailed information than a Form 1099-B (or substitute statement) for transactions involving debt instruments acquired before 2014. This is also true for a Form 1099-B (or substitute statement) for options granted or acquired after 2013 or securities futures contracts entered into after 2013. This additional information will help you complete Form 8949 and Schedule D.

Built-in gains.   For tax years beginning in 2014, the recognition period for built-in gains tax is a 5–year period. See Part III. Built-in Gains Tax and section 1374(d)(7).

More Online Instructions