Schedule D2 Individual - Special Tax On Net Long-Term Capital Gains - 2006

Schedule D2 Individual

Rev. 12.06

SPECIAL TAX ON NET LONG-TERM

2006

CAPITAL GAINS

Taxable year beginning on _________________, _____ and ending on ________________, _____

Taxpayer's name

Social Security Number

Part I

Computation of Special Tax on Net Long-term Capital Gains

56

NO INCLUYA CENTAVOS

1.

Adjusted Gross Income (Part 2, line 5 of the return) ...................................................................................................................

(01)

00

Less:

2.

(a)

(02)

Excess of net long-term capital gain over the net short-term capital loss (See instructions) ............

00

(b)

Lump-sum distribution from qualified pension plans (Schedule D Individual, Part IV, line 22(C))

(03)

(See instructions) .........................................................................................................................

00

(c)

Lump-sum distribution from qualified pension plans (Schedule D Individual, Part IV,

line 23(C)) (See instructions) ..............................................................................................

(04)

00

(d)

Lump-sum distribution from qualified pension plans (Schedule D Individual, Part IV, line 24 (C))

(See instructions) .........................................................................................................................

(05)

00

(e)

(06)

Lump-sum distribution from variable annuity contracts (Schedule D Individual, Part IV, line 26) ...

00

(f)

Excess of net long-term capital gain over the net short-term capital loss, attributable to the

(07)

investments in Tourism Development and Capital Investment Funds (Part 2, line 2R of the return) .....

00

(g)

Excess of net long-term capital gain over the net short-term capital loss, attributable to the sale

of shares from a business with a decree or that benefits from special legislation (See instructions) .......

(08)

00

(h)

Total (Add lines 2(a) through 2(g)) ......................................................................................................................................

(09)

00

3.

Adjusted Gross Income (Subtract line 2(h) from line 1) ...............................................................................................................

(10)

00

Note:

Calculate your deductions for charitable contributions and medical expenses again (if any), based

on your adjusted gross income from line 3 of this schedule. Do not change any of the amounts already

entered on other schedules.

4.

Deductions and exemptions:

(a)

Enter the larger of standard or itemized deductions (Calculate again,

if necessary. See instructions) ..................................................................................................

(11)

00

(b)

Total additional deductions (Part 3, line 9 of the return) ............................................................

(12)

00

(c)

Personal exemption (Part 3, line 11 of the return) ....................................................................

(13)

00

(d)

Total exemption for dependents (Part 3, line 12D of the return) ................................................

(14)

00

(e)

Total deductions and exemptions (Add lines 4(a) through 4(d)) ..........................................................................................

(15)

00

5.

Net Taxable Income (Subtract line 4(e) from line 3. If it is less than zero, enter zero) .................................................................

(16)

00

6.

Determine the tax upon your income shown on line 5 according to tax tables and enter here ....................................................

(17)

00

7.

Multiply line 2(b) by 20% ...........................................................................................................................................................

(18)

00

8.

Multiply the sum of lines 2(a), 2(c) and 2(e) by 12.5% .............................................................................................................

(19)

00

Multiply line 2(f) by 10% ............................................................................................................................................................

9.

(20)

00

10.

Multiply line 2(d) by 5% .............................................................................................................................................................

(21)

00

11.

Multiply line 2(g) by the approved percent (Specify: _______%) ..............................................................................................

(22)

00

12.

Total tax under the alternate method (Add lines 6 through 11) ...........................................................................................

(23)

00

Part II

Computation of Regular Tax on Net Taxable Income as per Return

Net taxable income (Part 3, line 14 of the return) .......................................................................................................................

13.

(24)

00

14.

Tax on the amount on line 13 according to tax tables ................................................................................................................

00

(25)

Determined tax (Enter here and on page 2, Part 4, line 15 of the return, the smaller of line 12 or 14. If you chose the amount on line

15.

12, fill in (

) "Special tax on capital gains", or (

) "Tax Table" if you chose the amount on line 14) ................................

00

(26)

Retention Period: Ten (10) years