Question

Taxpayers report the amount realized and cost basis from the sale of each capital asset individually on:

Schedule D.

Form 4684.

Form 4797.

Form 8949.

None of the above.

Answer 1

Answer for question is Form 8949

Form 8949 - Sale and other disposition of capital assets.

An Internal Revenue Service form implemented in tax year 2011 for individual taxpayers to report capital gains and losses from investment activity. Taxpayers must use form 8949, Sales and Other Dispositions of Capital Assets, to report short- and long-term capital gains and losses from sales or investment exchanges. In previous years, taxpayers used schedule D to report such transactions. Starting in 2012, partnerships and corporations were also required to use form 8949.

Form 4684 - Casulties and thefts

Form 4797 - Sale of business property

Schedule D - 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.
before 2011, schedule D used for such disclosure of capital gain /losses. now we are using Form 8949