Based on the following information, prepare a Schedule D form. Assume you have already completed a Form 8949. All transactions have been reported on Form 1099- B to the IRS. For Part I, report your information on line 1b. For Part II, report your information on line 8b. Remember to complete Part III, Line 16.
Susan Smith
231- 23- 5678
On July 1, three years ago, Susan bought 500 shares of Gold Stream common stock for $2,500. Susan sold the stock on August 1 of the current year for $5,000
On August 1 of the previous year, Susan bought 500 shares of XYZ Corp for $3,000. She sold the stock on July 31 of the current year for $1,000.
On January 4 of the current year, Susan bought 100 share of General Corporation stock for $2,000. The year- end value of the stock is $4,500.
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