Form 8801 - Credit For Prior Year Minimum Tax-Individuals, Estates, And Trusts - 2012 Page 3

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Form 8801 (2012)

Page

Part III

Tax Computation Using Maximum Capital Gains Rates

Caution. If you did not complete the 2011 Qualified Dividends and Capital Gain Tax Worksheet,

the 2011 Schedule D Tax Worksheet, or Part V of the 2011 Schedule D (Form 1041), see the

instructions before completing this part.

Enter the amount from Form 8801, line 10. If you filed Form 2555 or 2555-EZ for 2011, enter the

amount from line 3 of the Foreign Earned Income Tax Worksheet in the instructions .

Caution. If for 2011 you filed Form 1040NR, 1041, 2555, or 2555-EZ, see the instructions before

completing lines 30, 31, and 32.

Enter the amount from line 6 of your 2011 Qualified Dividends and

Capital Gain Tax Worksheet, the amount from line 13 of your 2011

Schedule D Tax Worksheet, or the amount from line 22 of the 2011

Schedule D (Form 1041), whichever applies*

If you figured your 2011 tax using the 2011 Qualified Dividends and

Capital Gain Tax Worksheet, skip line 31 and enter the amount

from line 30 on line 32. Otherwise, go to line 31.

Enter the amount from line 19 of your 2011 Schedule D (Form 1040), or

line 14b, column (2), of the 2011 Schedule D (Form 1041) .

Add lines 30 and 31, and enter the smaller of that result or the amount

from line 10 of your 2011 Schedule D Tax Worksheet

Enter the smaller of line 29 or line 32

Subtract line 33 from line 29

If line 34 is $175,000 or less ($87,500 or less if married filing separately for 2011), multiply line 34

by 26% (.26). Otherwise, multiply line 34 by 28% (.28) and subtract $3,500 ($1,750 if married filing

separately for 2011) from the result. Form 1040NR filers, see instructions .

▶

Enter:

• $69,000 if married filing jointly or qualifying widow(er) for 2011,

• $34,500 if single or married filing separately for 2011,

• $46,250 if head of household for 2011, or

• $2,300 for an estate or trust.

Form 1040NR filers, see instructions .

Enter the amount from line 7 of your 2011 Qualified Dividends and

Capital Gain Tax Worksheet, the amount from line 14 of your 2011

Schedule D Tax Worksheet, or the amount from line 23 of the 2011

Schedule D (Form 1041), whichever applies. If you did not complete

either worksheet or Part V of the 2011 Schedule D (Form 1041), enter

-0-. Form 1040NR filers, see instructions

Subtract line 37 from line 36. If zero or less, enter -0-

Enter the smaller of line 29 or line 30

Enter the smaller of line 38 or line 39

Subtract line 40 from line 39

Multiply line 41 by 15% (.15)

. ▶

If line 31 is zero or blank, skip lines 43 and 44 and go to line 45. Otherwise, go to line 43.

Subtract line 39 from line 33

Multiply line 43 by 25% (.25)

▶

Add lines 35, 42, and 44 .

If line 29 is $175,000 or less ($87,500 or less if married filing separately for 2011), multiply line 29

by 26% (.26). Otherwise, multiply line 29 by 28% (.28) and subtract $3,500 ($1,750 if married filing

separately for 2011) from the result. Form 1040NR filers, see instructions .

Enter the smaller of line 45 or line 46 here and on line 11. If you filed Form 2555 or 2555-EZ for

2011, do not enter this amount on line 11. Instead, enter it on line 4 of the Foreign Earned Income

Tax Worksheet in the instructions .

The 2011 Qualified Dividends and Capital Gain Tax Worksheet is in the 2011 Instructions for Form 1040. The 2011 Schedule D Tax Worksheet is in the 2011 Instructions

for Schedule D (Form 1040) (or the 2011 Instructions for Schedule D (Form 1041)).

8801

Form

(2012)