Form N-615 - Computation Of Tax For Children Under Age 14 Who Have Unearned Income Of More Than 1,000 - 2014

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FORM

STATE OF HAWAII — DEPARTMENT OF TAXATION

N-615

Computation of Tax for Children Under Age 14 Who

Have Unearned Income of More than $1,000

(REV. 2014)

2014

 See Separate Instructions

 Attach only to the child’s Form N-11 or Form N-15

(NOTE: References to “married”, “unmarried”, and “spouse” also means

“in a civil union”, “not in a civil union”, and “civil union partner”, respectively.)

JJF141

Child’s name shown on return

Child’s social security number

A Parent’s name (first, initial, last) (Caution: See Instructions before completing)

B Parent’s social security number

C Parent’s filing status (check one):



Single

Married filing jointly

Married filing separately

Head of household

Qualifying widow(er)

Child’s Net Unearned Income

Part I

Enter the child’s unearned income. (See Instructions. If this amount is $1,000 or less, stop here;

do not file this form.) ......................................................................................................................................................

If the child did not itemize deductions on Form N-11 or Form N-15, enter $1,000. If the child

itemized deductions, see Instructions. ...........................................................................................................................

Line 1 minus line 2. (If zero or less, stop here; do not complete the rest of this form

but attach it to the child’s return.) ..................................................................................................................................

Enter the child’s taxable income (from Form N-11, line 26 or Form N-15, line 43) ......................................................

Enter the smaller of line 3 or line 4. (If zero, stop here; do not complete the rest of this form but attach

it to the child’s return.). .............................................................................................................................................. 

Part II

Tentative Tax Based on the Tax Rate of the Parent

Enter the parent’s taxable income (from Form N-11, line 26 or Form N-15, line 43).

If zero or less, enter zero. ..............................................................................................................................................

Enter the total, if any, from Forms N-615, line 5, of all other children of the parent named above.

(Do not include the amount from line 5 above.) ............................................................................................................

Add lines 5, 6, and 7. .....................................................................................................................................................

Enter the tax on the amount on line 8 based on the parent’s filing status above. See Instructions. Check if from



Tax Table,

Tax Rate Schedule,

Capital Gains Tax Worksheet in the Instructions for Form N-11 or



Form N-15,

Form N-168 ........................................................................................................................................

Enter the parent’s tax (from Form N-11, line 27 or Form N-15, line 44).



Do not include any tax from Form N-152 or Form N-814. Check if from

Tax Table,

Tax Rate Schedule,



Capital Gains Tax Worksheet in the Instructions for Form N-11 or Form N-15,

Form N-168 .........................

Line 9 minus line 10. Enter the result. (If line 7 is blank, also enter this amount on line 13 and go to Part III.) ..........

12 a Add lines 5 and 7.. .........................................................................................................

12a

b Divide line 5 by line 12a. Enter the result as a decimal (rounded to at least three places). ..........................................

12b

Multiply line 11 by line 12b.. ....................................................................................................................................... 

If lines 4 and 5 above are the same, enter -0- on line 15 and go to line 16.

Part III

Child’s Tax —

Line 4 minus line 5. ........................................................................................................



Enter the tax on the amount on line 14 based on the child’s filing status. See Instructions. Check if from

Tax Table,



Capital Gains Tax Worksheet in the Instructions for Form N-11 or Form N-15,

Tax Rate Schedule,

Form N-168 .......

Add lines 13 and 15.. .....................................................................................................................................................



Enter the tax on the amount on line 4 based on the child’s filing status. See Instructions. Check if from

Tax Table,



Capital Gains Tax Worksheet in the Instructions for Form N-11 or Form N-15,

Tax Rate Schedule,

Form N-168 .......

Enter the larger of line 16 or line 17 here and on the child’s Form N-11, line 27 or Form N-15, line 44.

(Whole dollars only) Be sure to indicate that tax from Form N-615 is included. ........................................................ 

Form N-615