I am a shareholder in an S-Corporation. At the beginning of 2015 I owned 200 out of the 4300 company shares. I sold 10 shares at the beginning of 2015. I received a K-1 along with a stock basis worksheet which provide basis at the beginning and end of the year. I am not sure where I should report the sale for my tax filing. What form is used? Do I only need the stock basis at the beginning and end of year. Any help is appreciated.

I am a shareholder in an S-Corporation. At the beginning of 2015 I owned 200 out of the 4300 company shares. I sold 10 shares at the beginning of 2015. I received a K-1 along with a stock basis worksheet which provide basis at the beginning and end of the year. I am not sure where I should report the sale for my tax filing. What form is used?===> The proceeds from an S Corp sale are also passed through and reported as a capital gain instead of ordinary income on your tax return;
You need to complete and file a Sch D /f8949tax form detailing any gains or losses from the stock sale since you are the selling shareholder. A taxable capital gain is recognized if you sold it at a price greater than your basis in the S corp stock; a capital loss occurs if you sold it at a value less than the shareholder?s basis. F 8949/ SchD of a tax return adds all capital gains and losses you recognized during the year to determine what tax you will need to pay on those transactions. Generally, any long-term gain from assets held longer than a year is taxed at a rate of 15 percent unless your marginal tax rate is 15% or lower.
Do I only need the stock basis at the beginning and end of year.====> your stock basis is the sum of your capital investment; you need the date of scorp share purchase/ its basis