Screen HIDC - Hawaii Capital Gain (Loss) (1120)

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Capital Gains and Losses

Schedule D detail
Use the statement attached to this field to enter information for the sale of capital assets
not
sold on installment. The application transfers the description, date purchased, date sold, proceeds, and cost or basis from federal Schedule D to this statement. To exclude an item from the state return, delete the amount or the entire line item from the statement. The application displays the modified column in black and will not overwrite the new data with subsequent federal-to-state data transfers.
note
The application determines the short-term or long-term status of an asset based on the dates entered in the
Date Acquired
and
Date Sold
fields in this statement. If leaving the date fields blank, the application uses short-term as the default status. To force the status, enter
1
for short-term, or
2
for long-term in the
Force
column in the statement.

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