J.K. Lasser's Your Income Tax 2014: For Preparing Your 2013 Tax Return

Chapter 5

Reporting Property Sales

5.1 General Tax Rules for Property Sales

5.2 How Property Sales Are Classified and Taxed

5.3 Capital Gains Rates and Holding Periods

5.4 Capital Losses and Carryovers

5.5 Capital Losses of Married Couples

5.6 Losses May Be Disallowed on Sales to Related Persons

5.7 Deferring or Excluding Gain on Small Business Stock Investment

5.8 Sample Entries of Capital Asset Sales on Form 8949 and on Schedule D

5.9 Counting the Months in Your Holding Period

5.10 Holding Period for Securities

5.11 Holding Period for Real Estate

5.12 Holding Period: Gifts, Inheritances, and Other Property

5.13 Calculating Gain or Loss

5.14 Amount Realized Is the Total Selling Price

5.15 Finding Your Cost

5.16 Unadjusted Basis of Your Property

5.17 Basis of Property You Inherited or Received as a Gift

5.18 Joint Tenancy Basis Rules for Surviving Tenants

5.19 Allocating Cost Among Several Assets

5.20 How To Find Adjusted Basis

5.21 Tax Advantage of Installment Sales

5.22 Figuring the Taxable Part of Installment Payments

5.23 Electing Not To Report on the Installment Method

5.24 Restriction on Installment Sales to Relatives

5.25 Contingent Payment Sales

5.26 Using Escrow and Other Security Arrangements

5.27 Minimum Interest on Deferred Payment Sales

5.28 Dispositions of Installment Notes

5.29 Repossession of Personal Property Sold on Installment

5.30 Boot in Like-Kind Exchange Payable in Installments

5.31 “Interest” Tax on Sales Over $150,000 Plus $5 Million Debt

5.32 Worthless ...