A U.S. income tax form used by taxpayers to report their realized capital gains or losses. Investors are required to report their capital gains (and losses) from the sales of assets, which result in different cash values being received for them than what was originally paid, in order to affix some amount of taxation to the income and wealth that is generated through investment activities.
Investopedia Says:
Schedule D is a complicated form that has confounded investors for years. However, changes in legislation came into effect with the Jobs And Growth Tax Relief Reconciliation Act of 2003, which made qualifying dividends subject to capital gains tax instead of normal income tax, the form and its applicable regulations have become moderately less complex.
Related Links:
We give you seven guidelines to help you keep more of your money in your pocket. Tax Tips For The Individual Investor
Tax-loss harvesting can help you to reduce taxes on your portfolio gains, but make sure you know the rules! Selling Losing Securities For A Tax Advantage
Learn how the newest tax laws apply to the proceeds you earn. Will Your Home Sale Leave You With Tax Shock?
Read this if you've taken early distributions or owe excess-contribution or excess-accumulation penalties. Retirement Plan Tax Forms You May Need to File - Part 1
If you have a Roth IRA, you are responsible for keeping track of your pre-tax versus after-tax assets. Retirement Plan Tax Forms You May Need to File - Part 2
Learn how a change in leadership could mean more taxes for you. Will A New Fund Manager Cost You?
