Topics What a sale or trade is, Basis, Adjusted basis, Figuring gain or loss, Nontaxable trades, Capital gains and losses, and How to report your gain or loss. Useful Items Publication 551  Basis of Assets 564  Mutual Fund Distributions Form (and Instructions) Schedule D (Form 1040)  Capital Gains and Losses 6781  Gains and Losses From Section 1256 Contracts and Straddles 8582  Passive Activity Loss Limitations 8824  Like-Kind Exchanges