(Va. Code § 58.1-413). "Capital stock" shall include all outstanding shares of capital stock of all classes as shown on the official report of condition of the bank or trust company.Subscriptions to the capital stock of a bank shall be paid in money at not less than par. Sixteen states levy capital stock taxes (often called state franchise taxes, though some states use that term for different types of taxes as well). You may owe capital gains taxes if you sold stocks, real estate or other investments. Use SmartAsset's capital gains tax calculator to figure out what you owe. Expert insights into the industry's hottest topics; Explanations and guidance on recent tax law changes; Real-world examples and helpful practice tools. These instructions explain how to complete Schedule D (Form 1040). Complete Form 8949 before you complete line 1b, 2, 3, 8b, 9, or 10 of Schedule D. Virginia's requirements include: Officers.