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11601: Schedule D - Data Entry for Line 12


1040 Individual

How can I get an amount on line 12 of Schedule D?

 

There are various entry points for line 12 of the Schedule D.

Long term capital gains/losses will carry to line 12 from entries on the

  • K1P screen, line 9a
  • K1P screen, line 11, code S2
    • code II in Drake18-Drake22
    • code FI in Drake17 and prior
  • K1P screen, Basis Wkst tab, line 10g, column (a), Net long-term capital losses.
  • K1S screen, line 8a.
  • K1S screen, line 10, code S2
    • code HG. in Drake18-Drake22
    • code EG in Drake17 and prior
  • K1S screen, Basis tab, line 9gcolumn (a), Net long-term capital losses.
  • K1F screen, line 4a.
  • K1F screen, line 11, code D
    • code C in Drake17 and prior

An adjustment line is available on the D2 screen (on the Income tab) for line 12. It adjusts entries already flowing from other sources.


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