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C  (C &Q#< style_col_headings style_col_numbers  style_data style_footnotes style_stub_line style_stub_lines style_titles style_totalsBU} #}  }  }    l  @ K2@n      & Z& Z& & & & & / / 0 0 0 0 0 0 0 0 0 0 0 0 0@ 0woTable 1.--1985, Individual Income Tax Returns, Short-Term and Long-Term Capital Gains and Losses, by Asset Type    ~hv[All figures are estimates based on samples--transactions are in thousands, money amounts are in thousands of dollars]iiiiiiii j j j j                &nAll transactionsooo=o5 Gain transactions & & & &&qrrs & & & &"zTransactions by asset type*******U & & & &zmNumber *Sales mBasis*Net gainmNumber *Sales yBasis ~Gain & & & &+m *pricem*or lossm *pricey~ & & & & + , * * * * * * V ) ( ( ( ( ( ( ( ( -~ .?~ .@~ .@~ .@~ .@~ .@~ .@~ W @ / / / / PAll transactions O O O O O O N X / / / / 6Total Z*@ [K#(A [䥻0#A [ƋaA \kt@ ]6ʶA ]zڒtA ^Sc-룧A 0 0 0 01Corporate stockD}?5^ҥ@E,X2AE/$~ߢAEkKADʡE@LVƤALZd!GfAYj<'A 0 0 0 021*Mutual funds, except tax-exempt bond fundsDƌ@EʡFdAE> ?bAE|?5'AD-@Lv&WA~ L{uYT㥻c3A 0 0 0 0$1Tax-exempt bond mutual fundsD7A`嶀@E`Ш'qAE)\$qA~ E[MDB`"r@L/`hALvW=hAY/],!A 0 0 0 0"1Capital gain distributionsD!rhQJ@ EN/A EN/AE3WOAD!rhQJ@ LN/A LN/AY3WOA 0 0 0 0#1U.S. Government obligationsDK{@E(\um~AEshj~AEDlgAD2ZDb@LvWiALl=@hAYNbA.1&State and local Government obligations~ DAE~/|AE$mC{AENbXJu-ADNbX9$@LcjALq= s_gAYc"8A*1"Other bonds, notes, and debentures~ Da@E?5^p }AEV|AE> #U!ADn*u@L!rYALI UAY@5^/A1Put and call optionsD Ǧ@Et_YAEx!ڦZAEDrh|@LVzQAL@DAY pg=A1Futures contracts~ Dm@E{kEAEx{GAENADT㥛b@~ LL:o$AYnc96AA19Partnership, S Corporation, and estate or trust interestsD+@@E@5^NbAE{OAE#UAD%C{v@L~7`AL^I||CAYaкfWA(1 Pass-through gains or losses [1]D񒋦@ EN/A EN/AE-[ADVN5@ LN/A LN/AYDfA1 LivestockDX9vg@Ez^޹EAEf-AEl[9ADMb4@LS"AALaAY p=A1Timber~ D@~ EKJEMAEw,ADK7 P@~ L^LMc AYVA1Involuntary conversionsDV-3@E9vE@ET㥛m@EA`eADv3@LX9@~ L@Y/ݤyA#1Residential rental propertyD5^I <@E9ȴF{AEzW}AEZ|pA~ DALP IALʭZxAYʡqA.1&Depreciable business personal property~ D@Eʡu`AE/>WAEmi9+AD"w@LZd;ﶟIAL}?58AYl4A*1"Depreciable business real propertyD7A`ۄ@E{|{AE/ֻmAEp= viAD+J@LZd;7'xALx2fAYNb.jA1FarmlandD/݈i@E0$_iIAEʡ  0@? 0 1 Other land ~ Dw@ Eףp?FsA E\N`A EMfA~ D@ LxSqA L%m`XA Yjt=gA!1 Residences !Dd;Oom@!E~tA!Ed;+ąkA!E|oXKA!D l@!LM8tA!L/q]&kA!Y=fKA"1 Other assets"DK7AS@"EQ$WlA"E9΄dfA"EcX۫JA"D+@"L= eA"LCQA"YK`Z[A#1Unidentifiable#DI +%@#Eףp yeA#EMYA#F-GU6QA#DA`@#L3331bA#Li*PA#Y7TA$3$4$5$5$5$5$5$5$5%&%7%8%vLoss transactions%w%w%x%'Transactions with%'% &% &% &% &&&&&&9&q&r&r&s&|no gain or loss&}& && && && &"'tTransactions by asset type't'u'*'*'*'*'*'*' &' &' &' &(t(t(u(mNumber (*Sales (mBasis (mLoss(mNumber (*Sales)t)t)u)m )*price)m)m)m)* price [2]*+*:*;*,**********+)+)+2+(+(+(+(+(+(,-,A,B~ ,."@~ ,.$@~ ,.&@~ ,.(@~ ,.*@~ ,.,@, /, /, /, /-kAll transactions-k-l-O-O-O-O-O-N- /- /- /- / .6Total.<.=.\ @.[jm~.A.]`u2WA.[|?5DSTA.\&1,_@.['\ОA. 0. 0. 0. 0/1Corporate stock/>/?/D|?5@/EnA/K~j{A/E"ۭ$ lA/DA`xw@/Eh]JA/ 0/ 0/ 0/ 0201*Mutual funds, except tax-exempt bond funds0>0?0DK7@0E:FPFA0KtJA0EtTA~ 0DA@0EʡW5A0 00 00 00 0$11Tax-exempt bond mutual funds1>1?1D}?5^yf@1EjCA1K?5^ CEA1E5^IYA1DX9v~K@1EVBA"21Capital gain distributions2>2? 2DN/A 2EN/A 2KN/A 2EN/A 2DN/A 2EN/A#31U.S. Government obligations3>3?3DS㥟h@3E'1eA3KQxEeA~ 3E\3Dh|?Y@3ES5?_A.41&State and local Government obligations4>4?4Dtrx@4E+]YA4K j[A4Eo"A4DDl)j@4EI kLaA*51"Other bonds, notes, and debentures5>5?~ 5DA@5E-mHEA5KjtJA5E rhY!A5Dxr@5ECƬtA61Put and call options6>6?6DS%@6EE2>A6K﷨OA6Ekt@A6DV-@6EK7JA71Futures contracts7>7?7M0ǰ7/ذJ;7&˔B7-ǹ17#<@7E@A819Partnership, S Corporation, and estate or trust interests8>8?8D^I ge@8E)\(A8KKD5A8E}?5}c"A8Dv/=5@8Esh(hA(91 Pass-through gains or losses [1]9>9?9D`":@ 9EN/A 9KN/A9Ed;yPA~ 9Dw@ 9EN/A:1 Livestock:>:?:DZd;k@:E ף A:Kz.jA~ :E::D$Y@:En1A;1 Timber.;>;?;Dw/]'@;EV-@;K㥛@;EZd;@ ;D[3];ER@<1Involuntary conversions<><? <D[3]<EPn$@~ <K@<EtBm@~ <D@<Ex&qY@#=1Residential rental property=>=?=Do[@=Ew5IA=Ky&2.PA=Ex),A~ =D:@=EB`m3A.>1&Depreciable business personal property>>>?>D|?5l@>EGz(A>K `2A>ESA>D"~v@>E+QA*?1"Depreciable business real property?>???D/$G@?Ev=A~ ?K7r!A?Ed;Ϙ'A?D!rhP@?EX9h4A@ l0A 0B 0C 0D 0E 0F G H &I &J &K &L &M u&N P&O P/P /Q 0R 0S 0T 0U 0V 0W 0X 0Y 0Z 0[ 0\ 0] 0^ 0@_ 0@1Farmland@>@?@Dt@@Ew(A@Kn0A~ @EU@D|?5^:@@EL(\_@A1 Other land A>?1<:1AAKJ KzI9AAE^IAADP@AEC AB1 Residences B>B?~ BD|@BEL7A(@BK^I I@BE rn@BDZd{R@BEVQh@C1 Other assetsC>C?CD rhk{@CE㥛!A~ CK3eCEA`uLACDX9vW@CE~GFAD1UnidentifiableD>D@DD re@DEe;ߏd,ADK+;ADE/+ADDO@DE`'AE!E"E"E"E"E"E"E"E"E E E E "FCFootnotes at end of table.F#F#F#F#F#F#F#F#F F F F GGGGGGGGGG G G G HzTable 1.--1985, Individual Income Tax Returns, Short-Term and Long-Term Capital Gains and Losses, by Asset Type--ContinuedHHHHHHHHH H H H ~I%v[All figures are estimates based on samples--transactions are in thousands, money amounts are in thousands of dollars]I I I I I I I I I I I I JJJJJJJJJJ J J J KK K K K K K K K K K K K LnAll transactionsLoLoLpLnGain transactionsLoLoLoM(M)M)M2M(M)M)M)N*N*N*N*N*N*N*NU"O&Transactions by asset typeOmNumber O*Sales OmBasisO*Net gainOmNumber O*Sales OyBasis O~GainO &O &O &O &P+Pm P*pricePmP*or lossPm P*pricePyP~P &P &P &P &Q+Q,Q*Q*Q*Q*Q*Q*QVQ &Q &Q &Q &R)R(R(R(R(R(R(R(R(R &R &R &R &S-~ S.?~ S.@~ S.@~ S.@~ S.@~ S.@~ S.@~ SW @S /S /S /S /TPShort-term transactionsTOTOTOTOTOTOTNTXT /T /T /T / U6TotalUZ|?5^@U[fhAU[{?XҿAU[$o2U\k@U[)]AU[sh|AUeCX8cAV1Corporate stockVD/$a@VEAKAVEn#AVEI7AVDQxD@VE~oAVE%y7AVf/$C?SA2W1*Mutual funds, except tax-exempt bond fundsWDʡEu@WENAWEd;uOAWESY$WD!rhUc@WEV7AWEV-R5AWf^I b@$X1Tax-exempt bond mutual fundsXD㥛 n@XE` hAXESWogAXEMZ@XD#~ja@XEP3eAXEףp)]eAXfK9@#Y1U.S. Government obligationsYDS㥛Z@YE^IrAYErAYErh@~ YD@YEQq}UAYEQ0+UAYfV@.Z1&State and local Government obligationsZDoʙo@ZEMb(;aAZEd;ߛgaA~ ZE@ZDmra@ZEZdUPAZE&1h[OAZfMbt@*[1"Other bonds, notes, and debentures[D"@w@[E?5^vBvA[EvA[Eq[D-&W@[EK7 DA[EV.M6DA[fM@\1Put and call options~ \DajA\EZTA\E/$ڼUA\ER;~ \DqA\E}4KA\EMbS>A\fwM8A]1Futures contracts]DA`^j@]EK79A]Ej*@ _EN/A _EN/A_E@= )@~ _Djv@ _EN/A _EN/A_f5A` l0a 0b 0c 0d 0e 0f 0g 0h 0i &j &k &l v&m W&n -v&o &p l/q /r 0s 0t 0u 0v 0w 0x 0y 0z 0{ 0| 0} 0~ 0@ 0`1 Livestock`DClg&@`E+@`Es@`EMb8 @`Dxf%@`E--@`EZd;@`fv-@a1Timber~ aD܈@aE#~6@aE-a@aENbXaD-'@~ aEG4~ aEc،af/]F@#b1Residential rental propertybDxT@bEtX*8AbE-/6AbE}?5^1AbD~jt#Q@bEA`4AbEMb082AbfZ-A.c1&Depreciable business personal property~ cDV@cEz]i@cEE @cEv@cD9v4@cE r@cEJ ++@cf/@*d1"Depreciable business real propertydDA`B2@dEEs !AdEbX9vb A~ dEʉdDd;O(@dEڧAdEB`PAdfz _@e1Farmland~ eD\@eEbX94Y@eEO޲@eEC|@eD$C?eE~jh@eEM@eft @f1 Other land fD/$R@fEX9L3AfEj-AfEz.ZAfDMb K@fEZd;:-AfE 8$AffjtR$Ag1 Residences gDK7 '@gEshmAgEbX9AgE/ݤb@gD/$@~ gEKgER Agfm@h1 Other assetshDl)x@~ hE'@hEVjTA~ hEπH~ hD@hEaТ$AhE Jb AhfgfffAi1UnidentifiableiD%C`@iE26A~ iE%iFViDw/J@iEzn)AiE!rh?'A~ if i 0i 0i 0i 0j3j4j5j5j5j5j5j5j5j 0j 0j 0j 0k7k8kvLoss transactionskwkwkxk'Transactions withk'l9lqlrlrlsl|no gain or lossl}"mtTransactions by asset typemtmum*m*m*m*m*m*ntntnunmNumber n*Sales nmBasis nmLossnmNumber n*Salesototouom o*priceomomomo* price [2]p+p:p;p,p*p*p*p*p*p &p &p &p &q)q)q2q(q(q(q(q(q(q &q &q &q &r-rArB~ r."@~ r.$@~ r.&@~ r.(@~ r.*@~ r.,@r /r /r /r /skShort-term transactionsskslsOsOsOsOsOsNs /s /s /s / t6Totalt<t=t_S㥻V@t`I &]At`z#KAt`1hTeAt_~jtu@t`"hAu1Corporate stocku>u?uGE}@uH+XtAuHh.;xAuH]JAuGh|?`@uHv;A2v1*Mutual funds, except tax-exempt bond fundsv>v?vGX9Ȫ`@~ vHi#vH^9AvH4AvGT㥛ĀM@vH;O >Y/A$w1Tax-exempt bond mutual fundsw>w?wGsh|U@~ wHme wHE0"A~ wH3CwG9v0@wH P$A#x1U.S. Government obligationsx>x?xG-vD@xHx\AxHl*\AxHCtX@~ xG1@xHNb WA.y1&State and local Government obligationsy>y?yGMbPQ@yH淪N@AyHZdZAAyHMb@yGZdE@yHufEA*z1"Other bonds, notes, and debenturesz>z?~ zG@zH%8AzHo`&2;A~ zHuzGbX9h@zHd;߁wrA{1Put and call options{>{?{Gjtw@{H~*k7A{HV{KA{H(\5?A{GuV?{HX9?@|1Futures contracts|>|?|GƟ`@|Hv71A|H?5^Z5A|Hv_~ A|G rh@|HK7A@A}19Partnership, S Corporation, and estate or trust interests}>}?}GoʙX@}HX9*,@}H +X A}HK7@}Gh|?5?}Hw{@(~1 Pass-through gains or losses [1]~>~?~ ~G@ ~EN/A ~EN/A~HX9T 4A ~D[3] ~EN/A1 Livestock>? D[3]~ H~ HѮOA~ H A D[3]H rhU@ l0 0 0 0 0 0 0 0 0  Z   S T T T T T T  j   & & & & & & &@ /1Timber>?GS@HtԵ@H ףpu@H?5^<@~ G~ H#1Residential rental property>?Gt@H;OAHzAHZd;@~ D@H㥛ĐR@.1&Depreciable business personal property>?~ G h@HZd;Ϸ@HJ +@HCw@G}?5^I9@~ HW@*1"Depreciable business real property>?Gv@HʿW@Hx&AHsh@DV-@HX@1Farmland>? D[3]HʡE;@HS[r@Hd;OKm@ D[3]HV@1 Other land >?DuV@HRdAHK7T AHV~o@~ D@Hv~A1 Residences >?G!rh@HEW@H"@HˡEˈ@~ G~ H1 Other assets>?GMbX?r@Hl~#AHw:HAH= sFAGDl9@H-]:A1Unidentifiable>@G?5^IQ@H qAH`n AH|?5yAGZd@H1ICA!"""""""""CFootnotes at end of table.########    zTable 1.--1985, Individual Income Tax Returns, Short-Term and Long-Term Capital Gains and Losses, by Asset Type--Continued~hv[All figures are estimates based on samples--transactions are in thousands, money amounts are in thousands of dollars]iiiiiiii j j j j                &nAll transactionsoop6n. Gain transactions & & & &&qrrs & & & &"zTransactions by asset typeR*dQ***U & & & &{mNumber *Sales mBasis*Net gainmNumber *Sales yBasis ~Gain & & & &+m *pricem*or lossm *pricey~ & & & &+,******V & & & &)(((((((( & & & &-~ .?~ .@~ .@~ .@~ .@~ .@~ .@~ W @ / / / /PLong-term transactionsOOOOOONX / / / / 6Total_X9@``޵A`J DA`ҍaAޣA_ʡ-@bg^AbA`}ԡAcڟepA 0 0 0 01Corporate stockGbX9@Hh񲽡AH"ۛ2AH7ALAG;O'@J/t}=AJG[AaA 0 0 0 021*Mutual funds, except tax-exempt bond fundsG|? @H9vYAHvUAHq )AG%C @JJ QAJ'1JA~ a'K 0 0 0 0$1Tax-exempt bond mutual fundsG}?5^r@Hʡ@TAH0TAHmvG`"ەc@JL7l)8AJn2ϟ5A~ a 0 0 0 0"1Capital gain distributionsG!rhQJ@ EN/A EN/AH3WOAG!rhQJ@ LN/A LN/Aa3WOA 0 0 0 0#1U.S. Government obligationsG/$u@H/$r߲hAH}9hAH~jANAGZd;/`@J +\AJ+IIU[AaHzA 0 0 0 0.1&State and local Government obligationsGB`Т@H.SsAH+nrAHNb,AGsh|ǃ@Jrh 8bAJm1_^Aaףp6A 0 0 0 0*1"Other bonds, notes, and debenturesG/$~@HYAHSmWAHX!AGV-n@~ J;"\~ J?Da%-A 0 0 0 0 l/ 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  Z0 0 0 0 0 0 0 0 0 & & & & & &@ &1Put and call options~ G!@~ Hû#H;O3AHPAGDlY`@JZdF/AJKw$AaVfA 0 0 0 01Futures contractsGNbX9\g@HNbӂ1AH+9o3A~ H5GCQ@JoAJ`"7Aa+AA19Partnership, S Corporation, and estate or trust interestsGCl;u@Hu8@aAH{w%LAHnUAG/$n@J= `AJ^ILyBAa VA(1 Pass-through gains or losses [1]Gʡ@ EN/A EN/AH茶P~AG'1К@ LN/A LN/Aa-A1 LivestockG+ @HA`DAH㥛BC*AHT{8AG~jtބ@Jq= X%AAJ^IaAaʡEd>\T㥛dν@[|ʡA[bA[ r!tA[Ef@[SlvA 0 0 0 01Corporate stock>>DʡEv@EV _sAEl ~AEfffVSeAEMbDn@E~9A 0 0 0 021*Mutual funds, except tax-exempt bond funds>>D/w@E P7AEK7{1>DSW@E B>AE= ד@AE#~jj AE;O.C@~ EiE+ 0 0 0 0"1Capital gain distributions>> DN/A EN/A EN/A EN/A EN/A EN/A 0 0 0 0#1U.S. Government obligations>>DDlc@EPγ_JAExَKAEh|o;@E`"۩I@EKD>A 0 0 0 0.1&State and local Government obligations>>~ Dt@E\PAEo8 SAE`b AEB`"d@EI zWA 0 0 0 0 l/ / 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 00 0 0 60 =0    Z$ $ $@ $*1"Other bonds, notes, and debentures>>~ D@ESū2AEfffƅ8AEjt&A~ Ey@EJ9A 0 0 0 01Put and call options>>Dx&W@E/ݤAEg!AE~jۼAEoʡ?Ex@ 0 0 0 01Futures contracts>>DK7!]@Ep=J #AEd;7/AE|?R"A E[3]E+@A19Partnership, S Corporation, and estate or trust interests>>DNbX94R@E'1,$AEfffF/1AEZAE`"4@EoT@(1 Pass-through gains or losses [1]>>D#~j5@ EN/A EN/AEʡFAE;On @ EN/A1Livestock>>D^I k@EQL AEףpA~ EEh|?Y@Ejt/A1Timber.>>Dx&1"@Ex&y@E^I Z@E~jta@ E[3]ER@1Involuntary conversions>> D[3]EPn$@~ E@EtBm@~ E@Ex&qY@#1Residential rental property>>D#~jY@EAIGAEoMNAE~,A~ E@E(\oȭ3A.1&Depreciable business personal property>>D rk@E㥛'AEf2AEDlgAEMbX@E|? QA*1"Depreciable business real property>>~ Dɱ@EEw>D/$@E(AE|?ub 0AEK7 `4AE/$@E1ݼ@1 Other land >>DrhlQ@ENbXd/AE"۹6AEx馠AEV-J@EHvAA1 Residences >> D[3]Ejt@E5^I@ES!p@EZd{R@EVQh@1 Other assets>>D㥛 Xb@Ew(AENb.AE/$'AE#Q@EK}2A1Unidentifiable>>DSMX@E7l!A~ EsjEh%AECK@Ea$ A!""""""    gMMMMMMMM    N/A--Not applicable.MMMMMMMM    [1] Pass-through gains or losses on assets sold by partnerships, S Corporations, and estates and trusts reported by partners, shareholders, and beneficiaries, respectively.SSSSSSSS    wo[2] The basis amount for transactions with no gain or loss is the same as the amount shown for the sales price.SSSSSSSS S S S S'[3] Less than 500 transactions.TTTTTTTT T T T TNOTES: Detail may not add to totals because of rounding. Sales price minus basis does not always equal net gain or loss because: (a) only the gain is reported for capital gainTTTTTTTT T T T Tdistributions from mutual funds and pass-through gains or losses and (b) part of the total gain or loss on certain depreciable assets is treated as ordinary rather than capital gain or TTTTTTTT T T T Tloss. For installment sales, the gross profit ratio is used to compute the sales price and basis proportion to the reported gain.TTTTTTTT T T T T@8SOURCE: IRS, Statistics of Income Bulletin, Spring 1999.TTTTTTTT T T T TTTTTTTTT T T T TC$$$$$$$$C $= a@ R^ > ????m}ëwVBV\XT0|00\XT|0|0ax\XT0}w0L}w0},Uwqq     "