(Form 1120)

Department of the Treasury

For calendar year 1970 or other taxable year beginning

SCHEDULE D Sales or Exchanges of Property | 1970

Internal Revenue Service

1970, and ending ..

Name

| Employer Identification No.

Capital Assets—Short-term Capital Gains and Losses—Assets Held Not More Than 6 Months

- Kind of property (if necessary, | b, Date acquired | — o. Date sold le. Depreciation allowed] f. Cost or other basis

attach description) (mo., day, yr.) (mo., day, yr.) | % Gross sales price (or allowable) ‘and expense of sale

g. Gain or loss
G plus @ less f)

2
3

Unused capital loss carryover (attach computation) . . . . - ee ee ee
Net short-term capital gain (or loss)

5

Ordinary Gains and Losses

__Long-term Capital Gains and Losses—Assets Held More Than 6 Months

Net long-term capital gain (or loss), . . . . .

|

7

Net ordinary gain (or loss). Enter hereandonline10 , . . rere

HGEEM Summary of Schedule D Gains and Losses

8
9
10
11

12
13
“4
15

16
17
18
19
20
21
22

23
24
25
26
27
28

29

Enter excess of net short-term capital gain (line 3) over net long-term capital loss (line 5)
Enter excess of net long-term capital gain (line 5) over net short-term capital loss (line3). . . . . 1 1 we
Net ordinary gain (or loss) (line 7)... oe
Total of ines 8, 9, and 10. Enter here and on Form 1120, page 1, line 9 ,

Alternative Tax Computation (See instructions)

Taxable income (line 30, page 1,Form1120). . . . . . coe ee ee
Excess of net long-term capital gain over net short-term capital loss (ine 2)
Line 12 less line 13

Surtax exemption—Enter line 14 or $25,000, whichever is lesser. (Component members of a controlled group enter

your surtax exemption or line 14, whichever islesser) . . 2... ee ew ee

Line l4lessline15 2. kk

22% oflinel4 2.

26% oflinel6 . . 2 we . soe ee

If multiple surtax exemption is elected under section "1562, enter 6% of ine 15... .

Total oflines 17,18, and19, . . , . we
Enter amount from line13 . . Soe ee eee . we : sone
Enter long-term gains from certain binding contracts, distributions, and installment sales (referred to as ‘subsection d
gains”—see instructions) . 2. . we ee
Line 21 less line 22 ([f less than zero, enter zero) .

25% of the lesser ofline2lorline22,. . 2 2 1 wk ee ee

28% of line23 . ee

Total oflines24and25. . 1 1 we ee
Total of lines 20 and 26 .

Enter line 27 above or line 4 of Schedule J, Form 1120, wi whichever is lesser (Calendar year corporations enter here
and on line 34 and omit the intervening lines. Fiscal year corporations continue on). .

Multiply line 28 by the number of days in the taxable year before 1/1/71 and divide by the total number of days in in
the taxable year

., No. days before 1/1/71
Line 28 x fe doy toe) . .
B0% ofline23
Total of lines 20, 24,and30. . . . a
Enter line 31 above or line 4 of Schedule J, Form 1120, whicheveris lesser. . . . . . :
Multiply line 32 by number of days in the taxable year after 12/31/70 and divide by the total number of days in the

taxable year; i.e.
( Line 32 x <=

No, days after 12/370)
365
Alternative tax—total of lines 29 and 33. If applicable, enter here and on line 5(a), Schedule J, Form 1120, and write

“ALT.” in the margin tothe right oftheentry . . . . ee ee ee

16—81194-1


Schedule D (Form 1120) 1970

Page 2

Gain from Disposition of Depreciable Property and Certain Real Property Held More than 6 Months.

(Section 1245) (Report gain from disposition of other depreciable real property in Part VI.)

a. Kind of property b. Date acquired c. Date sold i
(if necessary, attach description) (mo., day, yr.) (mo., day, yr.) d. Gross sales price

e, Cost or other basis and
expense of sale

i i it i. Depreciation allowed (or
f, Total depreciation g. Adjusted basis A. Total gain
aliowed (or allowable) (e less f) (less g) sifu (one Insvastion)

Ordinary gain
lesser of h or |)

k. Other gain
(h tess i)

36 Total ordinary gain. Enter here and on line 6, and identify as gain from line 36.

QM

37 Total other gain. Enter here and on line 41, and identify as gain from Part V (If this amount includes any gain
from casualty or theft or section 1251 gain, see instructions.) . . - :

Gain from Disposition of Depreciable Real Property Held More than 6 Months. (Section 1250)

(If held 1 year or less, see instructions for columns i and j.)

a. Kind of property b. Date acquired c. Date sold ,
(if necessary, attach description) (mo., day, yr.) (mo., day, yr.) d. Gross sales price

¢. Cost or other basis and
expense of sale

| Additional depreciation (See instructions)

f, Total deprecation, &. Adjusted basis 4 Total gain
allowed (or allowable) (e less f) @ les {Alter 12/31/63 j. After 12/31/69

k. Enter column hor column
j, whichever is lesser

1. Column k times i A ; ,
¢ m. Enter excess, if 1, Enter j or m, ©. Column n times applicable , 4. Other gain
applicable pereentage ‘any, of hover’ whichever is lesser percentage (see instr.) . Ordinary gain (I plus 0) h less p)

WY! L!|

39 Total ordinary gain. Enter here and on line 6, and identify as gain from line 39 .
40 Total other gain. Enter here and on line 41, and identify as gain from Part VI (If this amount includes any gain from
casualty or theft, see instructions.) . . .

HQT Sale or Exchange of Property Used in Trade or Business and rd involuntary Conversions (Section 1231)

a. Kind of property (if necessary, |b, Date acquired | c. Date sold ¢. Depreciation allowed] f. Gast or other basis
attach description) (mo., day, yF.) (mo., day, yr.) | & Gross sales price (or allowable) ‘and expense of sale

g. Gain or loss
i plus'e less)

42 Total (If gain, enter on line 4; if loss, enter on line 6. Identify as gain or loss from Part Vil). .

‘x USS. GOVERNMENT PRINTING OFFICE:1970~O-370-086

16—81104-1