Federal Capital Gains and Losses

Capital Gains and Losses
2023 Schedule D (Form 1065)
SCHEDULE D
(Form 1065)
Department of the Treasury
Internal Revenue Service

Capital Gains and Losses

OMB No. 1545-0123

Attach to Form 1065 or Form 8865.
Use Form 8949 to list your transactions for lines 1b, 2, 3, 8b, 9, and 10.
Go to www.irs.gov/Form1065 for instructions and the latest information.

2023

Employer identification number

Name of partnership

Did the partnership dispose of any investment(s) in a qualified opportunity fund during the tax year? . . . .
If “Yes,” attach Form 8949 and see its instructions for additional requirements for reporting your gain or loss.

Part I

.

Yes

No

Short-Term Capital Gains and Losses—Generally Assets Held One Year or Less (see instructions)

See instructions for how to figure the amounts to enter on the
lines below.
This form may be easier to complete if you round off cents to
whole dollars.

(d)
Proceeds
(sales price)

(g)
(h) Gain or (loss)
Adjustments
Subtract column (e)
to gain or loss from
from column (d) and
Form(s) 8949, Part I, combine the result with
line 2, column (g)
column (g)

(e)
Cost
(or other basis)

1a Totals for all short-term transactions reported on Form
1099-B for which basis was reported to the IRS and for
which you have no adjustments (see instructions).
However, if you choose to report all these transactions
on Form 8949, leave this line blank and go to line 1b .
1b Totals for all transactions reported on Form(s)
with Box A checked . . . . . . . . . .
2 Totals for all transactions reported on Form(s)
with Box B checked . . . . . . . . . .
3 Totals for all transactions reported on Form(s)
with Box C checked . . . . . . . . . .

8949
. .
8949
. .
8949
. .

4 Short-term capital gain from installment sales from Form 6252, line 26 or 37 .

.

.

.

.

.

.

5 Short-term capital gain or (loss) from like-kind exchanges from Form 8824 . . . . . . .
6 Partnership’s share of net short-term capital gain (loss), including specially allocated short-term
capital gains (losses), from other partnerships, estates, and trusts . . . . . . . . . .
7 Net short-term capital gain or (loss). Combine lines 1a through 6 in column (h). Enter here and
on Form 1065, Schedule K, line 8 or 11; or Form 8865, Schedule K, line 8 or 11 . . . . . .

Part II

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5
6
7

Long-Term Capital Gains and Losses—Generally Assets Held More Than One Year (see instructions)

See instructions for how to figure the amounts to enter on the
lines below.
This form may be easier to complete if you round off cents to
whole dollars.

(d)
Proceeds
(sales price)

(e)
Cost
(or other basis)

(g)
(h) Gain or (loss)
Adjustments
Subtract column (e)
to gain or loss from
from column (d) and
Form(s) 8949, Part II, combine the result with
line 2, column (g)
column (g)

8a Totals for all long-term transactions reported on Form
1099-B for which basis was reported to the IRS and for
which you have no adjustments (see instructions).
However, if you choose to report all these transactions
on Form 8949, leave this line blank and go to line 8b .
8b Totals for all transactions reported on Form(s) 8949
with Box D checked . . . . . . . . . . . .
9 Totals for all transactions reported on Form(s) 8949
with Box E checked . . . . . . . . . . . .
10 Totals for all transactions reported on Form(s) 8949
with Box F checked . . . . . . . . . . . .
11 Long-term capital gain from installment sales from Form 6252, line 26 or 37 . . . . . . .
12 Long-term capital gain or (loss) from like-kind exchanges from Form 8824 . . . . . . .
13 Partnership’s share of net long-term capital gain (loss), including specially allocated long-term
capital gains (losses), from other partnerships, estates, and trusts . . . . . . . . . .
14 Capital gain distributions (see instructions) . . . . . . . . . . . . . . . . . .
15 Net long-term capital gain or (loss). Combine lines 8a through 14 in column (h). Enter here and
on Form 1065, Schedule K, line 9a or 11; or Form 8865, Schedule K, line 9a or 11 . . . . .
For Paperwork Reduction Act Notice, see the Instructions for Form 1065.

Cat. No. 11393G

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Schedule D (Form 1065) 2023