File your Taxes for Free!
  • Get your maximum refund*
  • 100% accurate calculations guaranteed*

TurboTax Federal Free Edition - File Taxes Online

Don't let filing your taxes get you down! We'll help make it as easy as possible. With e-file and direct deposit, there's no faster way to get your refund!

Approved TurboTax Affiliate Site. TurboTax and TurboTax Online, among others, are registered trademarks and/or service marks of Intuit Inc. in the United States and other countries. Other parties' trademarks or service marks are the property of the respective owners.


© 2012 - 2018 All rights reserved.

This is an Approved TurboTax Affiliate site. TurboTax and TurboTax Online, among other are registered trademarks and/or service marks of Intuit, Inc. in the United States and other countries. Other parties' trademarks or service marks are the property of the respective owners.
When discussing "Free e-file", note that state e-file is an additional fee. E-file fees do not apply to New York state returns. Prices are subject to change without notice. E-file and get your refund faster
*If you pay an IRS or state penalty or interest because of a TurboTax calculations error, we'll pay you the penalty and interest.
*Maximum Refund Guarantee - or Your Money Back: If you get a larger refund or smaller tax due from another tax preparation method, we'll refund the applicable TurboTax federal and/or state purchase price paid. TurboTax Federal Free Edition customers are entitled to payment of $14.99 and a refund of your state purchase price paid. Claims must be submitted within sixty (60) days of your TurboTax filing date and no later than 6/15/14. E-file, Audit Defense, Professional Review, Refund Transfer and technical support fees are excluded. This guarantee cannot be combined with the TurboTax Satisfaction (Easy) Guarantee. *We're so confident your return will be done right, we guarantee it. Accurate calculations guaranteed. If you pay an IRS or state penalty or interest because of a TurboTax calculations error, we'll pay you the penalty and interest.
https://turbotax.intuit.com/corp/guarantees.jsp

2009 Tax Return Forms

Free Income Tax PreparationWww Taxact Com 2011Irs 1040 EzIrs Form State Tax Forms1040x Online FormHow To File An Amended Tax Return For 2013Free H&r Block EfileFile My 2011 TaxesWho Has Free State Tax FilingTaxcut Online2006 Tax Return Software FreeFile Amended Tax Return Free2011 Tax Forms 1040 EzIrs Ez FileHow To Amend A Tax Return With TurbotaxEz FormsHow Do I File An Amended Return For 2012Amend Tax Return 20111040ez FreeFiling Amended Tax Return Online2013 Income Tax Forms 1040ezFile My Taxes OnlineWww Onlinetaxes Hrblock ComE File Form 1040ezHow To Amend 2010 Tax Return Online2013 Federal Tax Form 1040ezIrs Tax Form 1040ez 2011Where Can I File 2012 Taxes OnlineState Tax Form 2014Free Fed 1040ez FilingFile Taxes 2007State Taxes Phone Number2007 Tax Return Online FreeFiling TaxesAmend My 2011 TaxTax Returns For StudentsFile Tax Return For 2011Ammend Tax ReturnIrs 2012 Tax Forms 1040Online Tax Filing

2009 Tax Return Forms

2009 tax return forms 2. 2009 tax return forms   Maximum Amount Contributable (MAC) Table of Contents Components of Your MAC How Do I Figure My MAC?Elective deferrals only. 2009 tax return forms Nonelective contributions only. 2009 tax return forms Elective deferrals and nonelective contributions. 2009 tax return forms When Should I Figure My MAC? Throughout this publication, the limit on the amount that can be contributed to your 403(b) account for any year is referred to as your maximum amount contributable (MAC). 2009 tax return forms This chapter: Introduces the components of your MAC, Tells you how to figure your MAC, and Tells you when to figure your MAC. 2009 tax return forms Components of Your MAC Generally, before you can determine your MAC, you must first figure the components of your MAC. 2009 tax return forms The components of your MAC are: The limit on annual additions (chapter 3), and The limit on elective deferrals (chapter 4). 2009 tax return forms How Do I Figure My MAC? Generally, contributions to your 403(b) account are limited to the lesser of: The limit on annual additions, or The limit on elective deferrals. 2009 tax return forms Depending upon the type of contributions made to your 403(b) account, only one of the limits may apply to you. 2009 tax return forms Which limit applies. 2009 tax return forms   Whether you must apply one or both of the limits depends on the type of contributions made to your 403(b) account during the year. 2009 tax return forms Elective deferrals only. 2009 tax return forms   If the only contributions made to your 403(b) account during the year were elective deferrals made under a salary reduction agreement, you will need to figure both of the limits. 2009 tax return forms Your MAC is the lesser of the two limits. 2009 tax return forms Nonelective contributions only. 2009 tax return forms   If the only contributions made to your 403(b) account during the year were nonelective contributions (employer contributions not made under a salary reduction agreement), you will only need to figure the limit on annual additions. 2009 tax return forms Your MAC is the limit on annual additions. 2009 tax return forms Elective deferrals and nonelective contributions. 2009 tax return forms   If the contributions made to your 403(b) account were a combination of both elective deferrals made under a salary reduction agreement and nonelective contributions (employer contributions not made under a salary reduction agreement), you will need to figure both limits. 2009 tax return forms Your MAC is the limit on the annual additions. 2009 tax return forms   You need to figure the limit on elective deferrals to determine if you have excess elective deferrals, which are explained in chapter 7. 2009 tax return forms Worksheets. 2009 tax return forms   Worksheets are available in chapter 9 to help you figure your MAC. 2009 tax return forms When Should I Figure My MAC? At the beginning of 2014, you should refigure your 2013 MAC based on your actual compensation for 2013. 2009 tax return forms This will allow you to determine if the amount that has been contributed to your 403(b) account for 2013 has exceeded the allowable limits. 2009 tax return forms In some cases, this will allow you to avoid penalties and additional taxes. 2009 tax return forms See chapter 7. 2009 tax return forms Generally, you should figure your MAC for the current year at the beginning of each tax year using a conservative estimate of your compensation. 2009 tax return forms If your compensation changes during the year, you should refigure your MAC based on a revised conservative estimate. 2009 tax return forms By doing this, you will be able to determine if contributions to your 403(b) account can be increased or should be decreased for the year. 2009 tax return forms Prev  Up  Next   Home   More Online Publications
Español

European Command

The U.S. European Command works with partner nations to address regional issues, and keep the peace in Europe, parts of the Middle East, and Eurasia.

Contact the Agency or Department

Website: European Command

Phone Number: 49-711-680-113

The 2009 Tax Return Forms

2009 tax return forms 16. 2009 tax return forms   Reporting Gains and Losses Table of Contents What's New Introduction Useful Items - You may want to see: Reporting Capital Gains and Losses Exception 1. 2009 tax return forms Exception 2. 2009 tax return forms File Form 1099-B or Form 1099-S with the IRS. 2009 tax return forms Capital Losses Capital Gain Tax Rates What's New Maximum capital gain rates. 2009 tax return forms . 2009 tax return forms  For 2013, the maximum capital gain rates are 0%, 15%, 20%, 25%, and 28%. 2009 tax return forms Introduction This chapter discusses how to report capital gains and losses from sales, exchanges, and other dispositions of investment property on Form 8949 and Schedule D (Form 1040). 2009 tax return forms The discussion includes the following topics. 2009 tax return forms How to report short-term gains and losses. 2009 tax return forms How to report long-term gains and losses. 2009 tax return forms How to figure capital loss carryovers. 2009 tax return forms How to figure your tax on a net capital gain. 2009 tax return forms If you sell or otherwise dispose of property used in a trade or business or for the production of income, see Publication 544, Sales and Other Dispositions of Assets, before completing Schedule D (Form 1040). 2009 tax return forms Useful Items - You may want to see: Publication 537 Installment Sales 544 Sales and Other Dispositions of Assets 550 Investment Income and Expenses Form (and Instructions) 4797 Sales of Business Property 6252 Installment Sale Income 8582 Passive Activity Loss Limitations 8949 Sales and Other Dispositions of Capital Assets Schedule D (Form 1040) Capital Gains and Losses Reporting Capital Gains and Losses Generally, report capital gains and losses on Form 8949. 2009 tax return forms Complete Form 8949 before you complete line 1b, 2, 3, 8b, 9, or 10 of Schedule D (Form 1040). 2009 tax return forms Use Form 8949 to report: The sale or exchange of a capital asset not reported on another form or schedule; Gains from involuntary conversions (other than from casualty or theft) of capital assets not held for business or profit; and Nonbusiness bad debts. 2009 tax return forms Use Schedule D (Form 1040): To figure the overall gain or loss from transactions reported on Form 8949; To report a gain from Form 6252 or Part I of Form 4797; To report a gain or loss from Form 4684, 6781, or 8824; To report capital gain distributions not reported directly on Form 1040 or Form 1040A; To report a capital loss carryover from the previous tax year to the current tax year; To report your share of a gain or (loss) from a partnership, S corporation, estate, or trust; To report transactions reported to you on a Form 1099-B (or substitute statement) showing basis was reported to the IRS and to which none of the Form 8949 adjustments or codes apply; and To report undistributed long-term capital gains from Form 2439. 2009 tax return forms On Form 8949, enter all sales and exchanges of capital assets, including stocks, bonds, etc. 2009 tax return forms , and real estate (if not reported on Form 4684, 4797, 6252, 6781, 8824, or line 1a or 8a of Schedule D). 2009 tax return forms Include these transactions even if you did not receive a Form 1099-B or 1099-S (or substitute statement) for the transaction. 2009 tax return forms Report short-term gains or losses in Part I. 2009 tax return forms Report long-term gains or losses in Part II. 2009 tax return forms Use as many Forms 8949 as you need. 2009 tax return forms Exceptions to filing Form 8949 and Schedule D (Form 1040). 2009 tax return forms   There are certain situations where you may not have to file Form 8949 and/or Schedule D (Form 1040). 2009 tax return forms Exception 1. 2009 tax return forms   You do not have to file Form 8949 or Schedule D (Form 1040) if you have no capital losses and your only capital gains are capital gain distributions from Form(s) 1099-DIV, box 2a (or substitute statements). 2009 tax return forms (If any Form(s) 1099-DIV (or substitute statements) you receive have an amount in box 2b (unrecaptured section 1250 gain), box 2c (section 1202 gain), or box 2d (collectibles (28%) gain), you do not qualify for this exception. 2009 tax return forms ) If you qualify for this exception, report your capital gain distributions directly on line 13 of Form 1040 (and check the box on line 13). 2009 tax return forms Also use the Qualified Dividends and Capital Gain Tax Worksheet in the Form 1040 instructions to figure your tax. 2009 tax return forms You can report your capital gain distributions on line 10 of Form 1040A, instead of on Form 1040, if none of the Forms 1099-DIV (or substitute statements) you received have an amount in box 2b, 2c, or 2d, and you do not have to file Form 1040. 2009 tax return forms Exception 2. 2009 tax return forms   You must file Schedule D (Form 1040), but generally do not have to file Form 8949, if Exception 1 does not apply and your only capital gains and losses are: Capital gain distributions; A capital loss carryover; A gain from Form 2439 or 6252 or Part I of Form 4797; A gain or loss from Form 4684, 6781, or 8824; A gain or loss from a partnership, S corporation, estate, or trust; or Gains and losses from transactions for which you received a Form 1099-B (or substitute statement) that shows the basis was reported to the IRS and for which you do not need to make any adjustments in column (g) of Form 8949 or enter any codes in column (f) of Form 8949. 2009 tax return forms Installment sales. 2009 tax return forms   You cannot use the installment method to report a gain from the sale of stock or securities traded on an established securities market. 2009 tax return forms You must report the entire gain in the year of sale (the year in which the trade date occurs). 2009 tax return forms Passive activity gains and losses. 2009 tax return forms    If you have gains or losses from a passive activity, you may also have to report them on Form 8582. 2009 tax return forms In some cases, the loss may be limited under the passive activity rules. 2009 tax return forms Refer to Form 8582 and its instructions for more information about reporting capital gains and losses from a passive activity. 2009 tax return forms Form 1099-B transactions. 2009 tax return forms   If you sold property, such as stocks, bonds, or certain commodities, through a broker, you should receive Form 1099-B or substitute statement from the broker. 2009 tax return forms Use the Form 1099-B or the substitute statement to complete Form 8949. 2009 tax return forms If you sold a covered security in 2013, your broker should send you a Form 1099-B (or substitute statement) that shows your basis. 2009 tax return forms This will help you complete Form 8949. 2009 tax return forms Generally, a covered security is a security you acquired after 2010. 2009 tax return forms   Report the gross proceeds shown in box 2a of Form 1099-B as the sales price in column (d) of either Part I or Part II of Form 8949, whichever applies. 2009 tax return forms However, if the broker advises you, in box 2a of Form 1099-B, that gross proceeds (sales price) less commissions and option premiums were reported to the IRS, enter that net sales price in column (d) of either Part I or Part II of Form 8949, whichever applies. 2009 tax return forms    Include in column (g) any expense of sale, such as broker's fees, commissions, state and local transfer taxes, and option premiums, unless you reported the net sales price in column (d). 2009 tax return forms If you include an expense of sale in column (g), enter “E” in column (f). 2009 tax return forms Form 1099-CAP transactions. 2009 tax return forms   If a corporation in which you own stock has had a change in control or a substantial change in capital structure, you should receive Form 1099-CAP or a substitute statement from the corporation. 2009 tax return forms Use the Form 1099-CAP or substitute statement to fill in Form 8949. 2009 tax return forms If your computations show that you would have a loss because of the change, do not enter any amounts on Form 8949 or Schedule D (Form 1040). 2009 tax return forms You cannot claim a loss on Schedule D (Form 1040) as a result of this transaction. 2009 tax return forms   Report the aggregate amount received shown in box 2 of Form 1099-CAP as the sales price in column (d) of either Part I or Part II of Form 8949, whichever applies. 2009 tax return forms Form 1099-S transactions. 2009 tax return forms   If you sold or traded reportable real estate, you generally should receive from the real estate reporting person a Form 1099-S showing the gross proceeds. 2009 tax return forms    “Reportable real estate” is defined as any present or future ownership interest in any of the following: Improved or unimproved land, including air space; Inherently permanent structures, including any residential, commercial, or industrial building; A condominium unit and its accessory fixtures and common elements, including land; and Stock in a cooperative housing corporation (as defined in section 216 of the Internal Revenue Code). 2009 tax return forms   A “real estate reporting person” could include the buyer's attorney, your attorney, the title or escrow company, a mortgage lender, your broker, the buyer's broker, or the person acquiring the biggest interest in the property. 2009 tax return forms   Your Form 1099-S will show the gross proceeds from the sale or exchange in box 2. 2009 tax return forms See the Instructions for Form 8949 and the Instructions for Schedule D (Form 1040) for how to report these transactions and include them in Part I or Part II of Form 8949 as appropriate. 2009 tax return forms However, report like-kind exchanges on Form 8824 instead. 2009 tax return forms   It is unlawful for any real estate reporting person to separately charge you for complying with the requirement to file Form 1099-S. 2009 tax return forms Nominees. 2009 tax return forms   If you receive gross proceeds as a nominee (that is, the gross proceeds are in your name but actually belong to someone else), see the Instructions for Form 8949 for how to report these amounts on Form 8949. 2009 tax return forms File Form 1099-B or Form 1099-S with the IRS. 2009 tax return forms   If you received gross proceeds as a nominee in 2013, you must file a Form 1099-B or Form 1099-S for those proceeds with the IRS. 2009 tax return forms Send the Form 1099-B or Form 1099-S with a Form 1096, Annual Summary and Transmittal of U. 2009 tax return forms S. 2009 tax return forms Information Returns, to your Internal Revenue Service Center by February 28, 2014 (March 31, 2014, if you file Form 1099-B or Form 1099-S electronically). 2009 tax return forms Give the actual owner of the proceeds Copy B of the Form 1099-B or Form 1099-S by February 18, 2014. 2009 tax return forms On Form 1099-B, you should be listed as the “Payer. 2009 tax return forms ” The other owner should be listed as the “Recipient. 2009 tax return forms ” On Form 1099-S, you should be listed as the “Filer. 2009 tax return forms ” The other owner should be listed as the “Transferor. 2009 tax return forms ” You do not have to file a Form 1099-B or Form 1099-S to show proceeds for your spouse. 2009 tax return forms For more information about the reporting requirements and the penalties for failure to file (or furnish) certain information returns, see the General Instructions for Certain Information Returns. 2009 tax return forms If you are filing electronically see Publication 1220. 2009 tax return forms Sale of property bought at various times. 2009 tax return forms   If you sell a block of stock or other property that you bought at various times, report the short-term gain or loss from the sale on one row in Part I of Form 8949, and the long-term gain or loss on one row in Part II of Form 8949. 2009 tax return forms Write “Various” in column (b) for the “Date acquired. 2009 tax return forms ” Sale expenses. 2009 tax return forms    On Form 8949, include in column (g) any expense of sale, such as broker's fees, commissions, state and local transfer taxes, and option premiums, unless you reported the net sales price in column (d). 2009 tax return forms If you include an expense of sale in column (g), enter “E” in column (f). 2009 tax return forms   For more information about adjustments to basis, see chapter 13. 2009 tax return forms Short-term gains and losses. 2009 tax return forms   Capital gain or loss on the sale or trade of investment property held 1 year or less is a short-term capital gain or loss. 2009 tax return forms You report it in Part I of Form 8949. 2009 tax return forms   You combine your share of short-term capital gain or loss from partnerships, S corporations, estates, and trusts, and any short-term capital loss carryover, with your other short-term capital gains and losses to figure your net short-term capital gain or loss on line 7 of Schedule D (Form 1040). 2009 tax return forms Long-term gains and losses. 2009 tax return forms    A capital gain or loss on the sale or trade of investment property held more than 1 year is a long-term capital gain or loss. 2009 tax return forms You report it in Part II of Form 8949. 2009 tax return forms   You report the following in Part II of Schedule D (Form 1040): Undistributed long-term capital gains from a mutual fund (or other regulated investment company) or real estate investment trust (REIT); Your share of long-term capital gains or losses from partnerships, S corporations, estates, and trusts; All capital gain distributions from mutual funds and REITs not reported directly on line 10 of Form 1040A or line 13 of Form 1040; and Long-term capital loss carryovers. 2009 tax return forms    The result after combining these items with your other long-term capital gains and losses is your net long-term capital gain or loss (Schedule D (Form 1040), line 15). 2009 tax return forms Total net gain or loss. 2009 tax return forms   To figure your total net gain or loss, combine your net short-term capital gain or loss (Schedule D (Form 1040), line 7) with your net long-term capital gain or loss (Schedule D (Form 1040), line 15). 2009 tax return forms Enter the result on Schedule D (Form 1040), Part III, line 16. 2009 tax return forms If your losses are more than your gains, see Capital Losses , next. 2009 tax return forms If both lines 15 and 16 of your Schedule D (Form 1040) are gains and your taxable income on your Form 1040 is more than zero, see Capital Gain Tax Rates , later. 2009 tax return forms Capital Losses If your capital losses are more than your capital gains, you can claim a capital loss deduction. 2009 tax return forms Report the amount of the deduction on line 13 of Form 1040, in parentheses. 2009 tax return forms Limit on deduction. 2009 tax return forms   Your allowable capital loss deduction, figured on Schedule D (Form 1040), is the lesser of: $3,000 ($1,500 if you are married and file a separate return); or Your total net loss as shown on line 16 of Schedule D (Form 1040). 2009 tax return forms   You can use your total net loss to reduce your income dollar for dollar, up to the $3,000 limit. 2009 tax return forms Capital loss carryover. 2009 tax return forms   If you have a total net loss on line 16 of Schedule D (Form 1040) that is more than the yearly limit on capital loss deductions, you can carry over the unused part to the next year and treat it as if you had incurred it in that next year. 2009 tax return forms If part of the loss is still unused, you can carry it over to later years until it is completely used up. 2009 tax return forms   When you figure the amount of any capital loss carryover to the next year, you must take the current year's allowable deduction into account, whether or not you claimed it and whether or not you filed a return for the current year. 2009 tax return forms   When you carry over a loss, it remains long term or short term. 2009 tax return forms A long-term capital loss you carry over to the next tax year will reduce that year's long-term capital gains before it reduces that year's short-term capital gains. 2009 tax return forms Figuring your carryover. 2009 tax return forms   The amount of your capital loss carryover is the amount of your total net loss that is more than the lesser of: Your allowable capital loss deduction for the year; or Your taxable income increased by your allowable capital loss deduction for the year and your deduction for personal exemptions. 2009 tax return forms   If your deductions are more than your gross income for the tax year, use your negative taxable income in computing the amount in item (2). 2009 tax return forms    Complete the Capital Loss Carryover Worksheet in the Instructions for Schedule D or Publication 550 to determine the part of your capital loss that you can carry over. 2009 tax return forms Example. 2009 tax return forms Bob and Gloria sold securities in 2013. 2009 tax return forms The sales resulted in a capital loss of $7,000. 2009 tax return forms They had no other capital transactions. 2009 tax return forms Their taxable income was $26,000. 2009 tax return forms On their joint 2013 return, they can deduct $3,000. 2009 tax return forms The unused part of the loss, $4,000 ($7,000 − $3,000), can be carried over to 2014. 2009 tax return forms If their capital loss had been $2,000, their capital loss deduction would have been $2,000. 2009 tax return forms They would have no carryover. 2009 tax return forms Use short-term losses first. 2009 tax return forms   When you figure your capital loss carryover, use your short-term capital losses first, even if you incurred them after a long-term capital loss. 2009 tax return forms If you have not reached the limit on the capital loss deduction after using the short-term capital losses, use the long-term capital losses until you reach the limit. 2009 tax return forms Decedent's capital loss. 2009 tax return forms    A capital loss sustained by a decedent during his or her last tax year (or carried over to that year from an earlier year) can be deducted only on the final income tax return filed for the decedent. 2009 tax return forms The capital loss limits discussed earlier still apply in this situation. 2009 tax return forms The decedent's estate cannot deduct any of the loss or carry it over to following years. 2009 tax return forms Joint and separate returns. 2009 tax return forms   If you and your spouse once filed separate returns and are now filing a joint return, combine your separate capital loss carryovers. 2009 tax return forms However, if you and your spouse once filed a joint return and are now filing separate returns, any capital loss carryover from the joint return can be deducted only on the return of the spouse who actually had the loss. 2009 tax return forms Capital Gain Tax Rates The tax rates that apply to a net capital gain are generally lower than the tax rates that apply to other income. 2009 tax return forms These lower rates are called the maximum capital gain rates. 2009 tax return forms The term “net capital gain” means the amount by which your net long-term capital gain for the year is more than your net short-term capital loss. 2009 tax return forms For 2013, the maximum capital gain rates are 0%, 15%, 20%, 25%, and 28%. 2009 tax return forms See Table 16-1 for details. 2009 tax return forms If you figure your tax using the maximum capital gain rate and the regular tax computation results in a lower tax, the regular tax computation applies. 2009 tax return forms Example. 2009 tax return forms All of your net capital gain is from selling collectibles, so the capital gain rate would be 28%. 2009 tax return forms If you are otherwise subject to a rate lower than 28%, the 28% rate does not apply. 2009 tax return forms Investment interest deducted. 2009 tax return forms   If you claim a deduction for investment interest, you may have to reduce the amount of your net capital gain that is eligible for the capital gain tax rates. 2009 tax return forms Reduce it by the amount of the net capital gain you choose to include in investment income when figuring the limit on your investment interest deduction. 2009 tax return forms This is done on the Schedule D Tax Worksheet or the Qualified Dividends and Capital Gain Tax Worksheet. 2009 tax return forms For more information about the limit on investment interest, see Interest Expenses in chapter 3 of Publication 550. 2009 tax return forms Table 16-1. 2009 tax return forms What Is Your Maximum Capital Gain Rate? IF your net capital gain is from . 2009 tax return forms . 2009 tax return forms . 2009 tax return forms THEN your  maximum capital gain rate is . 2009 tax return forms . 2009 tax return forms . 2009 tax return forms a collectibles gain 28% an eligible gain on qualified small business stock minus the section 1202 exclusion 28% an unrecaptured section 1250 gain 25% other gain1 and the regular tax rate that would apply is 39. 2009 tax return forms 6% 20% other gain1 and the regular tax rate that would apply is 25%, 28%, 33%, or 35% 15% other gain1 and the regular tax rate that would apply is 10% or 15% 0% 1 Other gain means any gain that is not collectibles gain, gain on qualified small business stock, or unrecaptured section 1250 gain. 2009 tax return forms     Collectibles gain or loss. 2009 tax return forms   This is gain or loss from the sale or trade of a work of art, rug, antique, metal (such as gold, silver, and platinum bullion), gem, stamp, coin, or alcoholic beverage held more than 1 year. 2009 tax return forms   Collectibles gain includes gain from sale of an interest in a partnership, S corporation, or trust due to unrealized appreciation of collectibles. 2009 tax return forms Gain on qualified small business stock. 2009 tax return forms    If you realized a gain from qualified small business stock that you held more than 5 years, you generally can exclude some or all of your gain under section 1202. 2009 tax return forms The eligible gain minus your section 1202 exclusion is a 28% rate gain. 2009 tax return forms See Gains on Qualified Small Business Stock in chapter 4 of Publication 550. 2009 tax return forms Unrecaptured section 1250 gain. 2009 tax return forms    Generally, this is any part of your capital gain from selling section 1250 property (real property) that is due to depreciation (but not more than your net section 1231 gain), reduced by any net loss in the 28% group. 2009 tax return forms Use the Unrecaptured Section 1250 Gain Worksheet in the Schedule D (Form 1040) instructions to figure your unrecaptured section 1250 gain. 2009 tax return forms For more information about section 1250 property and section 1231 gain, see chapter 3 of Publication 544. 2009 tax return forms Tax computation using maximum capital gain rates. 2009 tax return forms   Use the Qualified Dividends and Capital Gain Tax Worksheet or the Schedule D Tax Worksheet (whichever applies) to figure your tax if you have qualified dividends or net capital gain. 2009 tax return forms You have net capital gain if Schedule D (Form 1040), lines 15 and 16, are both gains. 2009 tax return forms Schedule D Tax Worksheet. 2009 tax return forms   Use the Schedule D Tax Worksheet in the Schedule D (Form 1040) instructions to figure your tax if: You have to file Schedule D (Form 1040); and Schedule D (Form 1040), line 18 (28% rate gain) or line 19 (unrecaptured section 1250 gain), is more than zero. 2009 tax return forms Qualified Dividends and Capital Gain Tax Worksheet. 2009 tax return forms   If you do not have to use the Schedule D Tax Worksheet (as explained above) and any of the following apply, use the Qualified Dividends and Capital Gain Tax Worksheet in the instructions for Form 1040 or Form 1040A (whichever you file) to figure your tax. 2009 tax return forms You received qualified dividends. 2009 tax return forms (See Qualified Dividends in chapter 8. 2009 tax return forms ) You do not have to file Schedule D (Form 1040) and you received capital gain distributions. 2009 tax return forms (See Exceptions to filing Form 8949 and Schedule D (Form 1040) , earlier. 2009 tax return forms ) Schedule D (Form 1040), lines 15 and 16, are both more than zero. 2009 tax return forms Alternative minimum tax. 2009 tax return forms   These capital gain rates are also used in figuring alternative minimum tax. 2009 tax return forms Prev  Up  Next   Home   More Online Publications