Schedule D (Form 1040) Capital Gains and Losses, 2021, page 1

Schedule D (Form 1040) Capital Gains and Losses, 2021, page 1

Summary: This is an example of Schedule D (Form 1040), 2021, page 1, as pertains to the estate described in the text. The completed line items are:

"Name(s) shown on return" field contains Thomas Smith Bankruptcy Estate

"Your social security number" field contains 22-0000000

Under" Part II: Long-Term Capital Gains and Losses—Generally Assets Held More Than One Year":
"11. Gain from Form 4797, Part I; long-term gain from Forms 2439 and 6252; and long-term gain or loss from Forms 4684, 6781, and 8824" field contains 126,800
"14. Long-term capital loss carryover. Enter the amount, if any, from line 13 of your Capital Loss Carryover Worksheet in the instructions" field contains negative 250,000
"15. Net long-term capital gain or loss. Combine lines 8a through 14 in column (h). Then go to Part III on the back" field contains negative 123,200