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Form 8865: Enter Schedule D Capital Gains (Losses)

Use this Organizer to report partnership information including short- and long-term capital gains, specially allocated gains, and capital gain distributions.
Overrides you enter on line 7, net short-term gain, and line 15, net long-term gain, don't automatically transfer to Schedule K, lines 8 and 9. You need to enter those amounts on the
Form 8865 Schedule K
.
  1. In
    Organizer
    , select
    Foreign Information
    Foreign Partnership
    Capital Gains and Losses
    Basic Data
    .
  2. Indicate if the partnership disposed of any investments in a qualified opportunity fund during the tax year.
  3. Enter short-term gain (loss) from installment sales and from like-kind exchanges.
  4. Enter the partnership's share of short-term capital gains from other partnerships, estates, and trusts.
  5. Enter long-term gain (loss) from installment sales and from like-kind exchanges.
  6. Enter the partnership's share of long-term capital gains from other partnerships, estates, and trusts.
  7. Enter capital gains distributions.
  8. Enter capital gains overrides as needed.
  9. Select the hyperlink to review lines 1 through 3 and 8 through 10 information.

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