Use Tax Form 1065sd: Capital Gains and Losses as a stand alone tax form calculator to quickly calculate specific amounts for your 2025 tax return. Alternatively you can use one of our Combined Federal and State Tax Estimator to quickly calculate your salary, tax and take home pay.
Capital Gains and Losses
Part I Short-Term Capital Gains and Losses—Assets Held One Year or Less
See instructions for how to figure the amounts to enter on the lines below. This form may be easier to complete if you round off cents to whole dollars.
Proceeds (sales price)
Cost (or other basis)
Adjustments to gain or loss from Form(s) 8949, Part I,line 2, column (g)
Subtract column (e) from column (d) and combine the result with column (g)
1a
1b
2
3
4
4
5
5
6
6
7
7
Part II Long-Term Capital Gains and Losses—Assets Held More Than One Year
See instructions for how to figure the amounts to enter on the lines below. This form may be easier to complete if you round off cents to whole dollars.
Proceeds (sales price)
Cost (or other basis)
Adjustments to gain or loss from Form(s) 8949, Part I,line 2, column (g)
Subtract column (e) from column (d) and combine the result with column (g)