Menu

Search

Knowledge Base


11601: Schedule D - Data Entry for Line 12


1040 Individual

How can I get an amount on line 12 of Schedule D?

 

There are various entry points for line 12 of the Schedule D.

Long term capital gains/losses will carry to line 12 from entries on the

  • K1P screen, line 9a
  • K1P screen, line 11, code S2
    • code II in Drake18-Drake22
    • code FI in Drake17 and prior
  • K1P screen, Basis Wkst tab, line 10g, column (a), Net long-term capital losses.
  • K1S screen, line 8a.
  • K1S screen, line 10, code S2
    • code HG. in Drake18-Drake22
    • code EG in Drake17 and prior
  • K1S screen, Basis tab, line 9gcolumn (a), Net long-term capital losses.
  • K1F screen, line 4a.
  • K1F screen, line 11, code D
    • code C in Drake17 and prior

An adjustment line is available on the D2 screen (on the Income tab) for line 12. It adjusts entries already flowing from other sources.


Related Links


Also In This Category


On a scale of 1-5, please rate the helpfulness of this article


Not Helpful
Very Helpful
Optionally provide private feedback to help us improve this article...

Thank you for your feedback!


Details
Article has been viewed 12K times.
Last Modified: 3 Months Ago
Article not rated yet.
Options