4797 vs. schedule D

1.  4797 reports capital gains from capital asset (including depreciation) such as a house, or a business truck etc. 

1040 line 7a -> schedule 1 

schedule 1 line 4, -> 4797  list of sales 

4797 Part IV includes recapture of section 179 deduction 

2. schedule D reports capital gain of stocks and bonds.  (cannot be depreciated)

1040 line 6 -> schedule D -> form 8949  listing of sales

 

 

所有跟帖： 

• Really? 知道schedule D line 11 & 19是做何用的？ -sweetptt- ♂ (0 bytes) () 03/06/2020 postreply 12:57:08

• 报卖出租房的 Capital Gain, 不用Schedule D吗？ -紫檀吧主- ♀ (0 bytes) () 03/06/2020 postreply 15:20:02