Skip to main content
February 18, 2025
Question

completed k-1 income but don't see capital gains added to income

  • February 18, 2025
  • 1 reply
  • 0 views
where does schedule D pull information from K-1 for capital gains

    1 reply

    February 18, 2025

    If the following isn't what you're looking for, please clarify you question:

    If your K-1 is from an S-Corp, capital gains are on lines 7 - 9.  Lines 7, 8a, 8b, and 8c are reported on Schedule D.  Line 9 is reported on Form 4797.  If you have a K-1 (1065) from a partnership, the capital gains are on lines 8 - 10.  If it is Trust or Estate K-1(1041) they are reported on Schedule D, lines 3, 4a, and 4b.  

    **Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"