4
Form 8801 (2014)
Page
Part III
Tax Computation Using Maximum Capital Gains Rates (continued)
43
Add lines 41 and 42
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43
44
44
Subtract line 43 from line 40. If zero or less, enter -0-
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45
Enter the smaller of line 39 or line 44
45
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46
Multiply line 45 by 15% (.15)
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46
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47
Add lines 38 and 45
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47
If lines 47 and 27 are the same, skip lines 48 through 52 and go to line 53. Otherwise, go to
line 48.
48
Subtract line 47 from line 37
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48
49
49
Multiply line 48 by 20% (.20)
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▶
If line 29 is zero or blank, skip lines 50 through 52 and go to line 53. Otherwise, go to line 50.
50
Add lines 32, 47, and 48 .
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50
51
51
Subtract line 50 from line 27
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52
52
Multiply line 51 by 25% (.25)
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53
Add lines 33, 46, 49, and 52 .
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53
54
If line 27 is $179,500 or less ($89,750 or less if married filing separately for 2013), multiply line 27
by 26% (.26). Otherwise, multiply line 27 by 28% (.28) and subtract $3,590 ($1,795 if married filing
separately for 2013) from the result. Form 1040NR filers, see instructions .
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54
55
Enter the smaller of line 53 or line 54 here and on line 11. If you filed Form 2555 or 2555-EZ for
2013, do not enter this amount on line 11. Instead, enter it on line 4 of the Foreign Earned Income
Tax Worksheet in the instructions for line 11
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55
*
The 2013 Qualified Dividends and Capital Gain Tax Worksheet is in the 2013 Instructions for Form 1040. The 2013 Schedule D Tax Worksheet is in the 2013 Instructions
for Schedule D (Form 1040) (or the 2013 Instructions for Schedule D (Form 1041)).
8801
Form
(2014)