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Is this how you would do short term gains and long term gains for form 8949? Please check my work and give me tips. So

Is this how you would do short term gains and long term gains for form 8949?

Please check my work and give me tips. So essentially 1 short term gain and 2 long term gains?

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Sold 2,000 shares of Phillips 66 Sold 75 shares of ExxonMobil Sold 350 shares of Cooper Tire Sold 1,000 shares of Anthem Sold 50 shares of Netflix Purchased 100 shares of Procter & Gamble Purchased 350 shares of Cooper Tire Purchased 350 shares of PepsiCo Purchased 300 shares of Kellogg 7/1/18 4/15/18 10/14/18 9/3/18 1/7/18 7/10/18 11/1/18 5/14/18 10/14/18 $22,500 $28,750 $14,700 $35,000 $2,750 $7,700 $14,000 $32,000 $21,000 Relevant tax basis/holding period information related to sales of securities in the current year: Purchased 2,000 shares of Phillips 66 on 5/1/18 for $21,000 Purchased 200 shares of ExxonMobil on 3/8/14 for $90,000 Purchased 300 shares of Cooper Tire on 1/12/13 for $9,000 Purchased 50 shares of Cooper Tire on 6/28/18 for $2,000 Received 1,000 shares of Anthem from Kitt's father as a gift on 10/10/15. Her father's basis in the stock at the time of the gift was $7,000. Fair market value of the stock at the date of the gift was $41,000 Purchased 100 shares of Netflix on 9/5/17 for $6,000 The Andersons have a $17,600 long-term capital loss carryover from the prior tax year. Givers basis 7,000 Gain = 41,000 - 7,000 34,060 gain Shares 2.000 Phillips & 9 22500 121,000) gain - 2,000 150o Exxon Mobil tys - 200 $28,750 (702 (90,000) = $450 x 75 = 33750 -61,250 5000 Loss - 28750 Cooper Tire 9000 LT gain 300 Shares 1112113 2000 6824118 50 shares 11.000 14700 - 3700 10/14/18 350 9 Form Department of the Treasury Internal Revenue Service tom ato Sales and Other Dispositions of Capital Assets OMB No. 1545-0074 Go to www.irs.gov/Form8949 for instructions and the latest information. 2018 File with your Schedule D to list your transactions for lines 1b, 2, 3, 8, 9, and 10 of Schedule D. Sequence No. 12A Social security number or taxpayer identification number Attachment Name(s) shown on return Before you check Box A, B, or C below, see whether you received any Form(s) 1099-B or substitute statement(s) from your broker. A substitute statement will have the same information as Form 1099-B. Either will show whether your basis (usually your cost) was reported to the IRS by your broker and may even tell you which box to check. Part 1 Short-Term. Transactions involving capital assets you held 1 year or less are generally short-term (see instructions). For long-term transactions, see page 2. Note: You may aggregate all short-term transactions reported on Form(s) 1099-B showing basis was reported to the IRS and for which no adjustments or codes are required. Enter the totals directly on Schedule D, line 1a; you aren't required to report these transactions on Form 8949 (see instructions). You must check Box A, B, or C below. Check only one box. If more than one box applies for your short-term transactions, complete a separate Form 8949, page 1, for each applicable box. If you have more short-term transactions than will fit on this page for one or more of the boxes, complete as many forms with the same box checked as you need. (A) Short-term transactions reported on Form(s) 1099-B showing basis was reported to the IRS (see Note above) (B) Short-term transactions reported on Form(s) 1099-B showing basis wasn't reported to the IRS (C) Short-term transactions not reported to you on Form 1099-B Adjustment, if any, to gain or loss. If you enter an amount in column (gl. (h) (d) Cost or other basis. enter a code in column Gain or loss). b) Description of property Date acquired Date sold or Proceeds See the Note belowl See the separate instructions. Subtract column (e) disposed of and see Column lel (Example: 100 sh.XYZ Co.) sales price) from column (d) and Mo., day, yr.) Me day. y.) (see instructions) in the separate () (g) combine the result instructions Code(s) from Amount of with column (g) instructions adjustment le) (a) Sold 2,000 shares of Phillips 66 Sold 75 shares of ExxonMobil Sold 350 shares of Cooper Tire Sold 1,000 shares of Anthem Sold 50 shares of Netflix Purchased 100 shares of Procter & Gamble Purchased 350 shares of Cooper Tire Purchased 350 shares of PepsiCo Purchased 300 shares of Kellogg 7/1/18 4/15/18 10/14/18 9/3/18 1/7/18 7/10/18 11/1/18 5/14/18 10/14/18 $22,500 $28,750 $14,700 $35,000 $2,750 $7,700 $14,000 $32,000 $21,000 Relevant tax basis/holding period information related to sales of securities in the current year: Purchased 2,000 shares of Phillips 66 on 5/1/18 for $21,000 Purchased 200 shares of ExxonMobil on 3/8/14 for $90,000 Purchased 300 shares of Cooper Tire on 1/12/13 for $9,000 Purchased 50 shares of Cooper Tire on 6/28/18 for $2,000 Received 1,000 shares of Anthem from Kitt's father as a gift on 10/10/15. Her father's basis in the stock at the time of the gift was $7,000. Fair market value of the stock at the date of the gift was $41,000 Purchased 100 shares of Netflix on 9/5/17 for $6,000 The Andersons have a $17,600 long-term capital loss carryover from the prior tax year. Givers basis 7,000 Gain = 41,000 - 7,000 34,060 gain Shares 2.000 Phillips & 9 22500 121,000) gain - 2,000 150o Exxon Mobil tys - 200 $28,750 (702 (90,000) = $450 x 75 = 33750 -61,250 5000 Loss - 28750 Cooper Tire 9000 LT gain 300 Shares 1112113 2000 6824118 50 shares 11.000 14700 - 3700 10/14/18 350 9 Form Department of the Treasury Internal Revenue Service tom ato Sales and Other Dispositions of Capital Assets OMB No. 1545-0074 Go to www.irs.gov/Form8949 for instructions and the latest information. 2018 File with your Schedule D to list your transactions for lines 1b, 2, 3, 8, 9, and 10 of Schedule D. Sequence No. 12A Social security number or taxpayer identification number Attachment Name(s) shown on return Before you check Box A, B, or C below, see whether you received any Form(s) 1099-B or substitute statement(s) from your broker. A substitute statement will have the same information as Form 1099-B. Either will show whether your basis (usually your cost) was reported to the IRS by your broker and may even tell you which box to check. Part 1 Short-Term. Transactions involving capital assets you held 1 year or less are generally short-term (see instructions). For long-term transactions, see page 2. Note: You may aggregate all short-term transactions reported on Form(s) 1099-B showing basis was reported to the IRS and for which no adjustments or codes are required. Enter the totals directly on Schedule D, line 1a; you aren't required to report these transactions on Form 8949 (see instructions). You must check Box A, B, or C below. Check only one box. If more than one box applies for your short-term transactions, complete a separate Form 8949, page 1, for each applicable box. If you have more short-term transactions than will fit on this page for one or more of the boxes, complete as many forms with the same box checked as you need. (A) Short-term transactions reported on Form(s) 1099-B showing basis was reported to the IRS (see Note above) (B) Short-term transactions reported on Form(s) 1099-B showing basis wasn't reported to the IRS (C) Short-term transactions not reported to you on Form 1099-B Adjustment, if any, to gain or loss. If you enter an amount in column (gl. (h) (d) Cost or other basis. enter a code in column Gain or loss). b) Description of property Date acquired Date sold or Proceeds See the Note belowl See the separate instructions. Subtract column (e) disposed of and see Column lel (Example: 100 sh.XYZ Co.) sales price) from column (d) and Mo., day, yr.) Me day. y.) (see instructions) in the separate () (g) combine the result instructions Code(s) from Amount of with column (g) instructions adjustment le) (a)

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