\pJames N. Willis D o%,<ySRj}llllB  dMbP?_"*+%=x1 Arial1 Arial1 Arial1 Arial1 Arial1 Arial1 Arial1 xArial1 Arial1 Arial1 Arial1 Arial1 Arial1 Arial&?'?(?)?M dX,"dX,??@V General00.00#,##0 #,##0.00#,##0_);\(#,##0\)#,##0_);[Red]\(#,##0\)#,##0.00_);\(#,##0.00\)#,##0.00_);[Red]\(#,##0.00\)"$"#,##0_);\("$"#,##0\)"$"#,##0_);[Red]\("$"#,##0\) "$"#,##0.00_);\("$"#,##0.00\)%""$"#,##0.00_);[Red]\("$"#,##0.00\)0%0.00% 0.00E+00 #\ ?/? #\ ??/?? m/d/yy d\-mmm\-yy d\-mmm mmm\-yy h:mm\ AM/PMh:mm:ss\ AM/PMh:mm h:mm:ss m/d/yy\ h:mm#,##0;[Red]#,##0 0;[Red]00.00;[Red]0.00 "*"#,##0#,##0;\-#,##0;\-\-;@@"............................................................................................................................"@"............................................................................................................................."#,##0;#,##0;\-\-;@!#,##0" ";\-#,##0" ";"-- ";@" "#,##0" ";#,##0" ";"-- ";@" "%"#,##0.0" ";\-#,##0.0" ";"-- ";@" "'$#,##0.00" ";\-#,##0.00" ";"-- ";@" " " "@ ##0.0E+0mm:ss@52_("$"* #,##0_);_("$"* \(#,##0\);_("$"* "-"_);_(@_),)_(* #,##0_);_(* \(#,##0\);_(* "-"_);_(@_)=:_("$"* #,##0.00_);_("$"* \(#,##0.00\);_("$"* "-"??_);_(@_)41_(* #,##0.00_);_(* \(#,##0.00\);_(* "-"??_);_(@_) -C C  C  C  C  C C C C C C C C C C C  C . C , C - C + C  C  C  C  C  C  C  C * C  (C * C *A C  8C "8C "8C "8C "8C 8C "8C 8C 8C 8C 8C  (C *"<C *"<C "8C #"<C #"<C  ,C ##<C ##<C  ,C ##<C ##<C * ,C  ,C ##<C ##<C  C 8C 8C C 8C "8C 8C  (C "C  (C  (C ! C # ,C $ ,C # ,C ! C # ,C $ ,C # ,C $#<C ! ,C $#<C !8C 8C 8C *"<C *"<C  8C ! C ! C ! <C # ,C $ ,C  C *  Normal_Sheet1U} #Sh}  Sh}  Sh} $ Sh} $ Sh} $ Sh  l ,) , ,  ,Z , , ,q , ,Z , , , , , , , , , , , , , , , , , , , , , ,%[Individual Income Tax Returnsb\ZTable 1a.--Short-Term and Long-Term Capital Gains and Losses, by Asset Type, Tax Year 1999[All figures are estimates based on samples--number of transactions is in thousands, money amounts are in thousands of dollars] ,!$ All transactions!" 'P Gain transactions!!# Asset type$Number %Sales $Basis%Net gain$Number%Sales  $Basis &Gain#' (price'(or loss' (price')* +(1) +(2) +(3) +(4) +(5) +(6) +(7) ,(8)-......./ 0 Total 1.DA 1ff65GA 1ff^A 1= A 1׬h@ 133s}A 133~:A 2HmrA 3Corporate stock 4mIF@ 4 ڣA 4̬7A 4ףʟժA 4R^@ 4lc6A 4= 7++A 5̌RA# 3U.S. Government obligations 4@z'@ 4)\fD4A 4 #01A 4:z @ 4 h@ 4A 4K EiA 577wK%A. 3&State and local government obligations 4,`;@ 4333 ֚A 4)A 4ݵLw 4XV@ 4`RmzA 4ףpw5 yA 5"ui"L@4?5^)A4A`YȂA4 ʌpA4*Hw@49VA4^ImA5"wA3 Livestock4~oӟ=@4YHA4m4P%0A4ӼT9A4EdX{@4>CA40WA5M>=A3Timber4!qY@4гY SDA4Q-&A4=A48dV@4*aCA4#~R!A5F>A3Involuntary conversions4mtQ@4kwA4oA4?@4(>y>@4[_$t[ A4eN@5A#3Residential rental property4GZ*o@4\A4~zA4/$ewA4$@4E~UA45^&A5X9$zA.3&Depreciable business personal property4T@4SEYaA4jWA4jMc"0A4MvQs@4|\OA4B> =A5H}:A*3"Depreciable business real property4eX@41DeA4V6A4wb]mA4aͤ@47AsA4xtA5z7oA3Farmland4jq\@4 hf`A40OA4yXu>DA4K!qV@4= {WA4lDA5&SNDA3 Other land4D6@4(TqA4ΙyA4S-hA4}\*=@4d;ߡ|A4utlA5lkA3 Residences4D$r@4_̀A4#|A4ͪoWKLA4Ba@4T7EkA4jcA5:RA3Other assets [1]4WC{t@4\_uA4 ףIA4d]Z`A4~@4fff_A4RA5OMrA3Unidentifiable4#@4Dl;SA4 vZA4#XRQA47[w@4yk~A4mo@yA5p_~ vVA$3Pass-through gains or losses4ձ@ 4N/A 4N/A4G{gA4W}h@ 4N/A 4N/A5)璡A ,l! ," ,# ,$ ,i% ,& ,Z' ,( ,) ,* ,+ ,, ,- ,. ,/ ,0 ,1 ,2 ,3 ,4 ,5 ,6 ,7 ,8 ,9 ,: ,; ,< ,= ,> ,}? ,y" 7Capital gain distributions 8kFߵ@ 8N/A 8N/A 8rhmA 8kFߵ@ 8N/A 8N/A 9rhmA!:!:!)/!R' Loss transactions!;!<!Q)!;!Transactions with no gain or loss!;"= Asset type">"$Number"%Sales  "$Basis "$Loss"$Number"?Sales  "&Basis#:#:#' #(price#'#'#'#@price #)$A$A $+(9) $+(10) $+(11) $+(12) $+(13) $,(14) $,(15)%B%B%C%C%C%C%C%D%D&E Total.&E&F!Yz@&F33SWA&F̬OSA&G̪w&F⪲@&H ףA&HG#A'ICorporate stock'I'J 5@'J\A'JA'Kfff'J9]@'L ףcwPA'LR-DA#(IU.S. Government obligations(I(J!<8~@(JX9FYw}A(Jl*!~A(K}г #(Jh|@(L/$VWA(L^IJA.)I&State and local government obligations)I)Jё\@)JtA)Jz6A)KB`u>)Jve@)Ly&A)Lfff A**I"Other bonds, notes, and debentures*I*JՕs@*Jp_A*J aA*KZd/*JԚ'p@*LnA*L ,nA+IPut and call options+I+JDT@+JvAgA+J(\|vA+K(e+J6>W[3T@+L>+BA+Lt rBA,IFutures contracts,I,JDe@,JBa0AA,Jŏ1[[A~ ,Kz,JöE @,LX7,IA,LS!VA2-I*Mutual funds, except tax-exempt bond funds-I-JT@-Jq A-JhA-Kc-JzrK@-LbXbpA-LMbTLpA$.ITax-exempt bond mutual funds.I.JnA@.JX9A.Jq= (A.KZd;?eE?.JNǪ@.Lp=>nA.L`-nAA/I9Partnership, S corporation, and estate or trust interests/I/J'†W@/JRٷfA/JCrA/K5^1[/J鷯(f@/LF%uBSgQA/L?5^r'MQA0ILivestock0I0JW>f@0J>A0JZ A0Ka0J[Individual Income Tax Returns>>>>>>>>T?LTable 1b.--Short-Term Capital Gains and Losses, by Asset Type, Tax Year 1999????????@ ,lA , B ,ZC ,D ,E ,qF ,G ,ZH ,I ,J ,K ,L ,M ,N ,O ,P ,Q ,R ,S ,T ,U ,V ,W ,X ,Y ,Z ,[ ,\ ,] ,^ ,_ ,@[All figures are estimates based on samples--number of transactions is in thousands, money amounts are in thousands of dollars]@@@@@@@@AAAAAAAAABB 0BP( All transactionsB!B"B /BP' Gain transactionsB!B!C# Asset typeC$Number C%Sales C$BasisC%Net gainC$NumberC%Sales  C$Basis C&GainD#D' D(priceD'D(or lossD' D(priceD'D)E* E+(1) E+(2) E+(3) E+(4) E+(5) E+(6) E+(7) E,(8)F-FSFSFSFSFSFSFSFTG0 TotalG14c~@G133SqOAG1333AG1Pƨ#AG1';Q@G1fffFPQAG1ffB9SAG2)\AH3Corporate stockH4Z/@H4YNAH4@z AH4A`'yAH4\mb@H4 ףbAH4lAH5̶*A#I3U.S. Government obligationsI4#G}@I4p=MyØAI4Q0^˘AI4xzI40_^Z@I4+zAI4d; zAI56 A.J3&State and local government obligationsJ4Ujy@J4+AJ4AJ4sҬ&J4߉Y/H@J4p=bCAJ4jyHCAJ56X_@*K3"Other bonds, notes, and debenturesK4Z𢯠ar@K4$I0tAK4cHtAK4ͪK4 W@~ K4.cK4_vMAK5dX[EAL3Put and call optionsL4y#e@L4/b^AL4rhAL4O 9AL4mn {T4MbX @T4$ҡ@T4l`q@T5yt@#U3Residential rental propertyU4_Ahkh@U4333gAU4w|SfAU4oض(g$AU4镲`@U4`vOZAU4DPWAU5=~o,A.V3&Depreciable business personal propertyV4ϛQe@V4*:p:AV4PΑ7AV4uAV4x=\rR@V4oض*AV4333Y2AV5)WA*W3"Depreciable business real propertyW4$0L@W4tFJuXAW4OT?WAW4:̗AW4l, PWB@W4!GAW48%CAW5'0AX3FarmlandX4h"@X4؁sFzAX4PRAX4~5@X4%e @X4QrAX4 AX5^)@Y3 Other landY4vӂ!P@Y4†_D FAY4f<8AY4hAY4 XI@Y4K4AY4h.AY5dljAZ3 ResidencesZ4ni5$a6@Z4( yDAZ4X9EAZ4?W[uP@Z4\*@Z4wk2AZ4\riAZ5Q@[3Other assets [1][4r.O@[4= ר$bA[4QOA[4 {8[41q@[4= W1A[4#cA[5鷯gRA\3Unidentifiable\4@Ȍv@\4n~A\4} ~A\4t{A\4rPLrj@\4ףpuA\4'1tA\5fff֪2A$]7Pass-through gains or losses]8d@z7@ ]8N/A ]8N/A]8/yNiA]8%]3R@ ]8N/A ]8N/A]9d;٧rA^:^:^)4^R, Loss transactions^;^<^Q)^;!Transactions with no gain or loss^;_= Asset type_>_$Number_%Sales  _$Basis _$Loss_$Number_?Sales  _&Basis` ,la ,ib ,c ,Zd ,e ,f ,g ,h ,i ,j ,k ,l ,m ,n ,o ,p ,q ,r ,s ,t ,u ,v ,w ,x ,y ,z ,}{ ,y| ,} , ~ ,Z ,`:`:`' `(price`'`'`'`@price `)aUaU a+(9) a+(10) a+(11) a+(12) a+(13) a,(14) a,(15)bBbBbCbCbCbCbCbDbDcV Total.cVcFa@cFQAcF<%AcGNcFԕ@cH(\4iAcHQ8vYAdWCorporate stockdWdJ&O=@dJG{dAdJףP ~AdK`kdJ3d@dLzڷAdLzZA#eWU.S. Government obligationseWeJP}:7h@eJˡEB,uAeJ(\uAeK;OeJ̯dd@eL~jc1~AeLPqA.fW&State and local government obligationsfWfJϠm@fJ^mAfJ/oAfK_l(fJ"-.]@fL^IqAfLbX!~qA*gW"Other bonds, notes, and debenturesgWgJTR'qa@gJd@1OAgJHPAgK؁sFkgJՐN@gLT\hAgLM"hAhWPut and call optionshWhJ&k#@hJ'\eAhJNbTwuAhK9dhJP@hLz6J@AhLJW@AiWFutures contractsiWiJmc@iJjM.2AiJWAiK XRiJٔ+%@iLYݸAiL9jEA2jW*Mutual funds, except tax-exempt bond fundsjWjJ/>:e˯@jJ(CAjJ ף_AjK9LjJ@x @jLlۅgAjL;fA$kWTax-exempt bond mutual fundskWkJ}8繆@kJJ LhAkJGhAkKpΈkJMƕv@kL٬%bAkLH2bAAlW9Partnership, S corporation, and estate or trust interestslWlJ|~o@lJJ*hMAlJe\WAlK97AlJJvlB@lL[tl&AlL3f%AmWLivestock.mWmJUV@mJ@mJZAmKH:wmJu@mL%el[@mLFB[][@nWTimber.nWnJAH0[?nJ.@nJ}"UE@nKՐnJxĬ@nL;pΈD@nLܝ52@oWInvoluntary conversionsoWoJCl-@oJʡ]m@oJP2oKC4:  o4*[2]o5*4,667o5*4,667#pWResidential rental propertypWpJC@pJ`r9KApJ ,LMApKBfU)pJ?i6@pL0LJ=ApLTR'P*:A.qW&Depreciable business personal propertyqWqJ@zMP@qJ%̴'PAqJ%կ#AqK,CqqJkC?@qL#?iAqL|\FA*rW"Depreciable business real propertyrWrJbE ,@rJȘGArJ=KHArKbrJWL@rLs4zArL^$zAsWFarmland..sWs4Pkw?s4*3=@s4A@sMHV s4*[2]s5*2,600s5*2,600tWOther landtWt4Wx@t4l[Y@t4ѣAtMI+t4ղH%@t5nb5At5뭁 * AuW ResidencesuWuJT@uJĕ"AuJMٶWd#AuKdz|uJ5l/2'@uL{:;AuLTw>AvWOther assets [1]vWvJSW>s@vJZDAvJZd AvK{/GXvJaۢh@vLGkAvL~vjAwWUnidentifiablewWwJ/Q5`@wJQ\AwJ;MH^AwKNb8^*wJ~8gD-@wLyXU_9AwL1w'I9A$xXPass-through gains or lossesxXxY={@ x8N/A x8N/AxZRuxXxY-C6@ x9N/A x9N/A)y! Footnotes at end of table 1c.yyyyyyyy%z[Individual Income Tax ReturnszzzzzzzzS{KTable 1c.--Long-Term Capital Gains and Losses, by Asset Type, Tax Year 1999{{{{{{{{|[All figures are estimates based on samples--number of transactions is in thousands, money amounts are in thousands of dollars]||||||||}}}}}}}}}~~ 3~P+ All transactions~!~"~ 7~P/ Gain transactions~!~!# Asset type$Number %Sales $Basis%Net gain$Number%Sales  $Basis &Gain ,l ,q , ,Z , , , , , , , , , , , , , , , , , , , , , , , , , , ,i ,#' (price'(or loss' (price')* +(1) +(2) +(3) +(4) +(5) +(6) +(7) ,(8)-SSSSSSST0 Total1ڬ\: @1ffƇA1QA1=A1{@133ZA1(A2= 7A3Corporate stock4'†@4)\/ A4 A~ 4u-/4*@4QxA4(c14ׁ<I@4vaiA4 .R{A4GἋ\rA4B=}@4}?5QA4MgA5v)wA3 Livestock4f,N @4؁sDA4>yXx""A4Ӗ7A4]`7lu@4_)@'@A43܀A5ŏZ9A3Timber4bg X@4Ԩ&CA4)\M"A4Lj=A41=aU@49ŕNBA4Q^A5j:=A3Involuntary conversions4£#ֲI@4X#A4pΈ<A41A4;@4vl"iA4i㈵E@5S?o*uYA#3Residential rental property4X:@4fff,A4 A4/Q"wA4+Б@4sh_A4&1A5uF_8yA.3&Depreciable business personal property4_{@4aßv\A4<,xFQA4Oz*A4|г`m@4 O_yHA4vqc5A5eC'5A*3"Depreciable business real property4s߉G@4ZRA4/$BnzA4"elA4jtX@4&W#A4V-@"rA5tdoA3Farmland4ҌEZ@4hx^%_A4;p΀MA4Bf5`CA4d,T@46CA3 Other land4s @4/A4 @]xA4V/BhA4;1녧@4DljG{A4sh jA5A`]9kA3 Residences4cZBp@4B` A4B`^yA4^ILA4IOa@4zkA4,cA5˲RA3Other assets [1]4Qq@4pk"A4{'RzA4G2cA4X9H@@4p=\I.yA4V9gA5Cg,alA3Unidentifiable4d[q@4Nb0odA4sIZA4S! (PA4Bie@4{0aA4OZ SA5m5QA$3Pass-through gains or losses4 ͫ@ 4N/A 4N/A4R ʜA4H Ԣ@ 4N/A 4N/A5R]nA"7Capital gain distributions8kFߵ@ 8N/A 8N/A8rhmA8kFߵ@ 8N/A 8N/A9rhmA::)1R) Loss transactions;<));!Transactions with no gain or loss;= Asset type>$Number%Sales  $Basis $Loss$Number?Sales  &Basis::' (price'''@price )UU +(9) +(10) +(11) +(12) +(13) ,(14) ,(15)BBCCCCCDD ,l , , , , , , , , , , , , , , , , , , , , , , , , ,p , , ,{ ,o ,  ,E Total.EF]@FQAFHzz^AG ףrpFڊ>@H)\AH333jAICorporate stockIJ"\@JVAJ ף}eAKV^cJ(;5@LˡE&xAL&1KxA#IU.S. Government obligationsIJK|r@J%`AJaAK{/L;<J@j{@Lx銒dcAL+dcA.I&State and local government obligationsIJ)t^c@J333UvAJOowAKj#2J~5%@LH.yALx/yA*I"Other bonds, notes, and debenturesIJUwEe@J.~3PAJNWRAKk+#J?Mi@LK73IALDxIAIPut and call optionsI4#GG$I@4ky)A4U 6AM("4 q,@5ݿ+A5z]AIFutures contractsI4r,@4;p(K//A4{91AMT4ht1?53@53@2I*Mutual funds, except tax-exempt bond fundsIJD$ô@J㥛;WAJ|AKQLYJ@L="SALڊybSA$ITax-exempt bond mutual fundsIJ,NF&@JK7IsAJףp;wuAKw:, 8J0 @LoWAL+#WAAI9Partnership, S corporation, and estate or trust interestsIJ 8@JO@._AJǤhAKVwRJA}˜.a@LI3MALS%`MAILivestock.IJ&"V@JJjAJϽgAKCmJvi@L<ALje&AITimber.IJ< N@J'I{@J) 2CXAJ ףCcAKPPJDXq@LW/ySALKЮSAIUnidentifiableIJ S@J4; 2AJ=,Ԋ6AK8۰J{{>@LeUALtr)A$IPass-through gains or lossesI4X%'@ 4N/A 4N/AM{DZ4P}: A@ 5N/A 5N/A"NCapital gain distributionsN 8N/A 8N/A 8N/A 8N/A ON/A 8N/A 9N/Anf* Estimate should be used with caution because of small number of sample returns on which it is based.N/A--Not applicable.[1] Other asset types include all other asset categories not included in the above categories, including put and call options; futures contracts; all mutual funds; partnership, S corpor-ation, and estate or trust interests; pass-through gains or losses; livestock; timber; involuntary conversions; depreciable business personal property; residences; unidentifiable assets; 'and capital gain distributions.[2] Less than $500.NOTES: Detail may not add to totals because of rounding. Sales price minus basis does not always equal gain or loss because: (a) only the gain is reported for capital gain distributions from mutual funds and pass-through gains or losses; (b) part of the total gain or loss on certain depreciable assets is treated as ordinary income rather than capital gain or loss; and (c) sales price and basis often reported as negative for futures contracts and put and call options when a loss occurred. Comparisons across tables may differ  ,l ,              f^because of misreporting of holding periods and the varying methodologies in classifying these.aYSource: IRS Statistics of Income Bulletin, Summer 2003, Publication 1136 (Rev. 09-2003.) ll      l!"#$%&'()*+,-./0123456789:;<=>?@lABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`labcdefghijklmnopqrstuvwxyz{|}~l,= p> 4"