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Level 3
posted Mar 19, 2025 3:38:56 PM

Schedule D Part III

On schedule D Part III in line 17 has an amount and the form checked Yes.  Go to line 18 but there is nothing in this line and can't locate 28% Rate Gain Worksheet. If no worksheet for this do I ignore it or do I still need to complete one. If I need to complete one  where would I get the information I don't see form 8949 part of my forms nor do I see other forms listed on the worksheet and would it me regular or alternative tax?  

0 4 1015
4 Replies
Expert Alumni
Mar 19, 2025 3:55:26 PM

You don't need that worksheet if Line 18 is empty.   Did you sell collectible investments?   

 

On the Form 1040 Worksheet, there is a Tax Smart Worksheet that will show you what worksheets were used to calculate your tax if the tax table was not used.   

 

Level 3
Mar 19, 2025 4:02:59 PM

Thanks, no I didn't sell collectable investments. 

I see the tax smart worksheet checked line for qualified dividends. 

 

I have to say I really LIKE this option to chat with an expert session please do this every year maybe have this twice a month until tax are filled. 

Expert Alumni
Mar 19, 2025 4:06:21 PM

You are welcome, that worksheet with an X in the Tax Smart Worksheet area will show you how your tax was calculated.    Here is a schedule of events - you can attend any and all of them!  Events Calendar

Level 3
Mar 19, 2025 4:12:46 PM

Thank you so much for the calendar never knew TT offered this been using it for decades 🙂