Schedule D2 Individual - Special Tax On Net Long Term Capital Gains
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1Schedule D2 Individual
Rev. 05.02
SPECIAL TAX ON NET LONG TERM
200__
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) .........................................................................
0 0
(01)
2.
Less:
(a)
Excess of net long-term capital gain attributable to property located in
Puerto Rico over the net short-term capital loss (See instructions) ............
0 0
(02)
(b)
Excess of net long-term capital gain attributable to other properties
over the net short-term capital loss (See instructions) .............................
0 0
(03)
(c)
Lump-Sum distributions of qualified pension plans ...................................
0 0
(04)
(d)
Excess of net long-term capital gain over the net short-term capital
loss attributable to the investments in Tourism Development and Capital
Investment Funds (Part 2, line 2Q of the return) .......................................
0 0
(05)
(e)
Excess of net long-term capital gain attributable to the sale of shares from
an eligible corporation or partnership over the net short-term capital
loss (See instructions) ..........................................................................
0 0
(06)
(f)
Total (Add lines 2(a) through 2(e)).........................................................................................
0 0
(07)
3.
Adjusted Gross Income (Subtract line 2(f) from line 1) .....................................................................
0 0
(08)
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) ..............................................................
0 0
(09)
(b)
Total additional deductions (Part 3, line 9 of the return) ............................
0 0
(10)
(c)
Personal exemption (Part 3, line 11 of the return) ....................................
0 0
(11)
(d)
Total exemption for dependents (Part 3, line 12D of the return) .................
0 0
(12)
(e)
Total deductions and exemptions (Add lines 4(a) through 4(d)) ................................................
0 0
(13)
5.
Net Taxable Income (Subtract line 4(e) from line 3. If it is less than zero, enter zero) ..............................
0 0
(14)
6.
Determine the tax upon your income shown on line 5 according to tax tables
and enter here ..............................................................................................................................
0 0
(15)
7.
Multiply the sum of lines 2(b) and 2(c) by 20% ................................................................................
0 0
(16)
8.
Multiply the sum of lines 2(a) and 2(d) by 10% ................................................................................
0 0
(17)
9.
Multiply line 2(e) by 7% ..................................................................................................................
0 0
(18)
10.
Total tax under the alternate method (Add lines 6 through 9) ........................................................
0 0
(19)
Part II
Computation of Regular Tax over Net Taxable Income as per Return
11.
Net taxable income (Part 3, line 14 of the return) .............................................................................
0 0
(20)
12.
Tax on the amount on line 11 according to tax tables ......................................................................
0 0
(21)
13.
Determined tax (Enter here and on page 2, Part 4, line 15 of the return,
the smaller of line 10 or 12 and check(X) Special tax on capital gains) ................................................
0 0
(22)
Conservation Period: Ten (10) years
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