Form 8949 - Sales And Other Dispositions Of Capital Assets

Form 8949 is a tax form used by taxpayers to report capital gains and losses from the sale or exchange of capital assets. Capital assets include investments such as stocks, bonds, real estate, and other property held for investment purposes.

The purpose of Form 8949 is to provide detailed information about each individual transaction involving the sale or disposition of capital assets. Taxpayers use this form to report the specific details of each transaction, including the description of the asset, the date acquired, the date sold, the proceeds from the sale, the cost or other basis, and the resulting gain or loss.