Download Schedule D of $1040,$ given the following information, complete through part III of Schedule D:

Nicholas Jack with social security number $555-25-5566.$ He has an STCL carryover of $$250$ from last year.

Land was sold for $$40,000.$ The land was received as a property settlement on January $10,2020,$ when the land$$s FMV amounted to $$35,000.$ His ex$-$wife$$s basis for the land, purchased on January $10,2004,$ was $$20,500.$

Marketable securities held as an investment were sold for $$25,000.$ The securities were inherited from his uncle, who died on April $12$ of the current year when FMV of the securities was $$26,000.$ The uncle purchased the securities on July $12,2000,$ for $$10,000.$