a taxpayer sells stock in 2012 where is the sale first reported by the taxpayer 612701

A taxpayer sells stock in 2012. Where is the sale first reported by the taxpayer?

a. Incorrect. While the result of the stock sale will flow onto Schedule D, it is not entered first on this schedule.

b. Incorrect. The net capital gain (or loss) eventually is reported on Form 1040, but not first (even if the sale is the taxpayer”s only capital transaction for the year).

c. Incorrect. Form 4797 is not used for stock sales; it is used primarily for sales of business property.

d. Correct. Stock transactions are reported first on Form 8949; results are then transferred to Schedule D.