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When to use form 8949?

Form 8949 is an Internal Revenue Service (IRS) form used by individuals, partnerships, and corporations to report capital gains and losses from investment activity. Taxpayers must use Form 8949 – Sales and Other Dispositions of Capital Assets, to report short- and long-term capital gains and losses from sales or investment exchanges.

What is tax form 8949?

DEFINITION of 'Form 8949'. Form 8949 is an Internal Revenue Service (IRS) form used by individuals, partnerships, and corporations to report capital gains and losses from investment activity.

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