Schedule D (Form 1040) page 2

Schedule D (Form 1040) page 2

Summary: This is an example of Schedule D (Form 1040 2019, page 2 as pertains to the estate described in the text. The completed items are:

"16. Combine lines 7 and 15 and enter the result. If line 16 is a loss, skip lines 17 through 20 below. Then go to line 21. Also be sure to complete line 22." field contains negative 125,000
"21. If line 16 is a loss, enter here and on Schedule 1 (Form 1040), line 13, or Form 1040NR, line 14, the smaller of: • The loss on line 16; or • ($3,000), or if married ling separately, ($1,500). " "Note: When figuring which amount is smaller, treat both amounts as positive numbers." field contains negative 1,500
"22. Do you have qualified dividends on Form 1040, line 3a, or Form 1041NR, line 10b? No. Complete the rest of Form 1040 or Form 1040NR" field check box checked