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Form 1040 (Schedule C-EZ) online WV: What You Should Know

This form details the amount of gain or loss from the disposition of any capital asset in the year. The amount must be reported separately from the gain or loss from the sale of the asset. If you have a deduction for the sale of a capital asset or a capital loss related to the sale of a capital asset, enter that amount. E. Capital Gains. This form explains your capital gain from the sale of any stock, bond, annuity, or mutual fund interest. Enter the total capital gain figure in the next column. Enter the total capital gain figure from Schedule E and in Column H of Schedule D. Enter the total capital gain figure in the next column. You may have other capital gains. For more information, refer to Publication 463, Capital Gains and Losses. F. Capital Losses. This form explains your capital loss from the sale or exchange of any stock, bond, annuity, or mutual fund interest. Enter the total loss figure in the next column. Enter the net capital loss figure from Schedule E and in Column H of Schedule D. Enter the net capital loss figure in the next column. You may have other capital loss. For more information, refer to Publication 463, Capital Gains and Losses.

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