Table of Contents

• Publication 544 - Introductory Material
  • Important Reminders
  • Introduction
• 1.   Gain or Loss
  • Topics - This chapter discusses:
  • Useful Items - You may want to see:
  • Sales and Exchanges
    • Gain or Loss From Sales and Exchanges
  • Abandonments
  • Foreclosures and Repossessions
    • Amount realized on a nonrecourse debt.
    • Amount realized on a recourse debt.
  • Involuntary Conversions
    • Condemnations
  • Nontaxable Exchanges
    • Like-Kind Exchanges
    • Other Nontaxable Exchanges
  • Transfers to Spouse
  • Rollover of Gain From Publicly Traded Securities
  • Sales of Small Business Stock
  • Rollover of Gain From Sale of Empowerment Zone Assets
  • Exclusion of Gain From Sale of DC Zone Assets
• 2.   Ordinary or Capital Gain or Loss
  • Introduction
    • Section 1231 transactions.
  • Topics - This chapter discusses:
  • Useful Items - You may want to see:
  • Capital Assets
  • Noncapital Assets
    • Commodities derivative dealer.
  • Sales and Exchanges Between Related Persons
    • Gain Is Ordinary Income
    • Nondeductible Loss
  • Other Dispositions
    • Sale of a Business
    • Dispositions of Intangible Property
    • Subdivision of Land
    • Timber
    • Precious Metals and Stones, Stamps, and Coins
    • Coal and Iron Ore
    • Conversion Transactions
• 3.   Ordinary or Capital Gain or Loss for Business Property
  • Introduction
  • Topics - This chapter discusses:
  • Useful Items - You may want to see:
  • Section 1231 Gains and Losses
    • Nonrecaptured section 1231 losses.
  • Depreciation Recapture
    • Section 1245 Property
    • Section 1250 Property
    • Installment Sales
    • Gifts
    • Transfers at Death
    • Like-Kind Exchanges and Involuntary Conversions
    • Multiple Properties
• 4.   Reporting Gains and Losses
  • Introduction
  • Topics - This chapter discusses:
  • Useful Items - You may want to see:
  • Information Returns
  • Schedule D (Form 1040)
    • Long and Short Term
    • Net Gain or Loss
    • Treatment of Capital Losses
    • Capital Gains Tax Rates
  • Form 4797
• 5.   How To Get Tax Help
  • Taxpayer Advocacy Panel (TAP).
  • Low Income Taxpayer Clinics (LITCs).
• Publication 544 - Additional Material
• Index