2015 Qualified Dividends And Capital Gain Tax Worksheet. 550 for more details. See the earlier instructions for line 11a to see if you can use this worksheet to figure your tax.
Complete this worksheet only if line 18 or line 19 of Schedule D is more than zero and lines 15 and 16 of Schedule D are gains or if you file Form 4952 and you have an amount on line 4e or 4g even if you dont need to file Schedule D. If you do not have to file Schedule D and you received capital gain distributions be sure you checked the box on line 13 of Form 1040. Child Tax Credit and Credit for Other Dependents.
Foreign Earned Income Tax WorksheetLine 16.
The Tax Summary screen will then indicate if the tax has been computed on the Schedule D Worksheet or the Qualified Dividends and Capital Gain Tax Worksheet. If the taxpayer does not have to file Schedule D Form 1040 and received capital gain distributions be sure the box on line 7. In the case of qualified dividends these are taxed the same as long-term capital gains as of 2020 individuals in the 10 to 15 tax bracket are still exempt from. 31082020 If you have never come across a qualified dividend worksheet IRS shows how one looks like.