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0302210042 PA Schedule D1 REV1689 EX (0903) 20 Please Print or Type OFFICIAL USE ONLY COMPUTATION OF INSTALLMENT SALE INCOME See ...

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How to fill out pa schedule d-1 rev-1689

01

Step 1: Gather all necessary information, such as your investment income and losses.

02

Step 2: Download the PA Schedule D-1 REV-1689 form from the official Pennsylvania Department of Revenue website.

03

Step 3: Fill out the personal information section at the top of the form, including your name, Social Security number, and tax year.

04

Step 4: Proceed to Part 1 of the form and enter the details of each transaction, including the description, date acquired, date sold, and gain or loss.

05

Step 5: Calculate the total gains and the total losses separately.

06

Step 6: Move to Part 2 of the form and report any additional information requested, such as installment sales or related-party transactions.

07

Step 7: Include any necessary attachments, such as supporting documentation or worksheets.

08

Step 8: Double-check all entries and calculations for accuracy.

09

Step 9: Sign and date the form.

10

Step 10: Mail the completed PA Schedule D-1 REV-1689 form to the designated Pennsylvania Department of Revenue address.

Who needs pa schedule d-1 rev-1689?

01

Individuals who have realized capital gains or losses in Pennsylvania during the tax year.

02

Pennsylvania residents who sold investments, stocks, mutual funds, real estate, or any other assets resulting in a gain or loss.

03

Taxpayers who need to report their taxable income accurately.

04

Individuals who want to claim deductions or credits related to capital gains or losses in Pennsylvania.

05

Any Pennsylvania taxpayer who received a request or notice from the Pennsylvania Department of Revenue to complete and submit PA Schedule D-1 REV-1689.

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