Welcome Guest. Register Now!  


For 2011 Tax Tips For Year 2011


Reply
 
LinkBack Thread Tools Search this Thread Display Modes
  #1 (permalink)  
Old 01-09-2012, 07:43 PM
TaxGuru's Avatar
Tax Guru
 
Join Date: Jan 2007
Location: New Jersey, USA
Posts: 2,399
Blog Entries: 3
What type of transactions are reportable on Form 8949?

Per the IRS, Form 8949 is used to report the following transactions as shown below;

1) The sale or exchange of a capital asset (defined below) not reported on another form or schedule.

2) Gains from involuntary conversions (other than from casualty or theft) of capital assets not held for business or profit.

3) Non-business bad debts.

__________________
Find a CPA near you!

Ask TaxGuru Please refer to the legal disclaimer.


Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote
Ads
Reply


Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
IRS introduces Form 8949 to report "Sales and Other Disposations of Capital Assets". TaxGuru For 2011 0 01-09-2012 05:07 PM
Which type of corporation? keith brown C-Corporation 1 09-11-2009 12:08 AM
What are the tax benefits of an Annuity? Which are type should I buy at age 58? nilbos Retirement Planning 0 06-07-2007 12:21 AM
What must I do if I omitted stock trade transactions on my tax return? JimiGood Income 1 03-06-2007 09:29 AM

Follow us on Facebook Follow us on Twitter Google Buzz Rss Feeds

» Categories
 
Individual
 » Income
 » IRA/Sep
 » Medical
 
Corporations
 » Payroll
 
Forum for CPAs
 
Financial Planning