# Schedule D (Form 1040)

URL: https://pdf.net/pdf-forms/tax-forms/schedule-d-form-1040
Category: Tax Forms
Attributes: Official IRS form

Schedule D is used to** calculate and report overall capital gains and losses** from investment transactions and supporting forms.

Our template allows you to summarize totals, stay compliant, and complete your tax return online. Plus, you can **use any device to fill out the schedule**, including mobile phones!

## Versions

- 2025 — [download PDF](https://cdn.sanity.io/files/i16te7yp/production/98352dd22b512db1fa1618c037c4ff87b8d76013.pdf)

## How to Fill Out a Schedule D (Form 1040)

Step 1: Open the editable Schedule D (Form 1040).

Step 2: Enter short-term totals (Part I).

Step 3: Enter long-term totals (Part II).

Step 4: Include capital gain distributions.

Step 5: Apply loss limits and carryovers.

Step 6: Transfer final totals to Form 1040.

## Facts

### What Is a Schedule D (Form 1040) Used For?

Schedule D is used to **calculate your overall capital gain or loss **by combining totals from Form 8949 and other sources. It also reports capital gain distributions, carryover losses, and gains from specific IRS forms tied to investment and asset transactions.

### Who Should Use a Schedule D (Form 1040)?

You should use Schedule D if **you sold capital assets, received capital gain distributions, or need to report gains or losses** from partnerships, trusts, or other forms. It is also required if you are carrying forward prior-year capital losses.

### When Is the Schedule D (Form 1040) Due?

Schedule D is **due by the standard tax deadline, which is usually April 15**, along with your Form 1040. While you can request an extension to file, any taxes owed on capital gains must still be paid by the original due date.

### What Happens If a Schedule D (Form 1040) Is Not Submitted?

If your Schedule D (Form 1040) is not submitted, **your return may be incomplete**. This can **trigger IRS notices, penalties, or adjustments**, especially if capital gains, losses, or distributions were reported elsewhere but not properly summarized.

### How and Where Do I File a Schedule D (Form 1040)?

You** file Schedule D with the IRS** along with your Form 1040, **electronically or by mail. **You may also need to attach other supporting forms depending on your transactions.

## Related forms

- [Form 8949](https://pdf.net/pdf-forms/tax-forms/form-8949)
- [1040 Form](https://pdf.net/pdf-forms/tax-forms/1040-form)
- [Schedule B (Form 1040)](https://pdf.net/pdf-forms/tax-forms/schedule-b-form-1040)
- [Schedule E (Form 1040)](https://pdf.net/pdf-forms/tax-forms/schedule-e-form-1040)
- [Form 1040-X](https://pdf.net/pdf-forms/tax-forms/form-1040-x)