What do I fill in for Form 1040, Line 13?
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I have to fill out Schedule D but don't see how the information on Schedule D translates to Form 1040. The instructions for Form 1040 tell you what to fill in for Lines 13 and 13A if you DON'T have to fill out Schedule D, but the instructions don't say what to fill in for Lines 13 and 13A if you ARE filling out Schedule D. What do I put in Line 13?
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Answer:
The amount listed for Schedule D, line 17 (gain) or line 18 (loss) is what carries onto form 1040 line 13.
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