Form 1040 Instructions - 2015 Page 53
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105 2015 Form 1040—Lines 62 Through 65
and it was financed (in whole or in part)
See section 409A(a)(1)(B) for details.
If you had Additional Medicare Tax
from the proceeds of any tax-exempt
Identify as “NQDC.”
withheld, include the amount shown on
qualified mortgage bond or you claimed
Form 8959, line 24, in the total on
17. Additional tax on compensation
the mortgage interest credit, see Form
line 64. Attach Form 8959.
you received from a nonqualified defer-
8828. Identify as “FMSR.”
red compensation plan described in sec-
Also include on line 64 any federal
7. Section 72(m)(5) excess benefits
tion 457A if the compensation would
income tax withheld that is shown on a
tax (see Pub. 560). Identify as “Sec.
have been includible in your income in
Schedule K-1.
72(m)(5).”
an earlier year except that the amount
Line 65
wasn't determinable until 2015. The tax
8. Uncollected social security and
is 20% of the amount required to be in-
Medicare or RRTA tax on tips or
2015 Estimated Tax
cluded in income plus an interest
group-term life insurance. This tax
amount
determined
under
section
Payments
should be shown in box 12 of Form W-2
457A(c)(2). See section 457A for de-
with codes A and B or M and N. Identi-
Enter any estimated federal income tax
tails. Identify as “457A.”
fy as “UT.”
payments you made for 2015. Include
18. Tax on noneffectively connected
9. Golden parachute payments. If
any overpayment that you applied to
income for any part of the year you were
you received an excess parachute pay-
your 2015 estimated tax from:
a nonresident alien (see the Instructions
ment (EPP), you must pay a 20% tax on
Your 2014 return, or
for
Form
1040NR).
Identify
as
it. This tax should be shown in box 12 of
An amended return (Form 1040X).
“1040NR.”
Form W-2 with code K. If you received
a Form 1099-MISC, the tax is 20% of
19. Any interest amount from Form
If you and your spouse paid joint esti-
the EPP shown in box 13. Identify as
8621, line 16f, relating to distributions
mated tax but are now filing separate in-
“EPP.”
from, and dispositions of, stock of a sec-
come tax returns, you can divide the
tion 1291 fund. Identify as “1291INT.”
amount paid in any way you choose as
10. Tax on accumulation distribution
long as you both agree. If you can't
of trusts (see Form 4970). Identify as
20. Any interest amount from Form
agree, you must divide the payments in
“ADT.”
8621, line 24. Identify as “1294INT.”
proportion to each spouse's individual
11. Excise tax on insider stock com-
tax as shown on your separate returns
pensation from an expatriated corpora-
Payments
for 2015. For an example and more in-
tion. See section 4985. Identify as
formation, see Pub. 505. Be sure to
“ISC.”
show both social security numbers
Line 64
12. Interest on the tax due on install-
(SSNs) in the space provided on the sep-
ment income from the sale of certain
arate returns. If you or your spouse paid
Federal Income Tax
residential lots and timeshares. Identify
separate estimated tax but you are now
as “453(l)(3).”
Withheld
filing a joint return, add the amounts you
each paid. Follow these instructions
13. Interest on the deferred tax on
Add the amounts shown as federal in-
even if your spouse died in 2015 or in
gain from certain installment sales with
come tax withheld on your Forms W-2,
2016 before filing a 2015 return.
a sales price over $150,000. Identify as
W-2G, and 1099-R. Enter the total on
“453A(c).”
Divorced taxpayers. If you got di-
line 64. The amount withheld should be
vorced in 2015 and you made joint esti-
14. Additional tax on recapture of a
shown in box 2 of Form W-2 and in
mated tax payments with your former
charitable contribution deduction relat-
box 4 of Form W-2G or 1099-R. Attach
spouse, enter your former spouse's SSN
ing to a fractional interest in tangible
your Form(s) W-2 to the front of your
in the space provided on the front of
personal property. See Pub. 526. Identi-
return. Attach Forms W-2G and 1099-R
Form 1040. If you were divorced and re-
fy as “FITPP.”
to the front of your return if federal in-
married in 2015, enter your present
15. Look-back interest under section
come tax was withheld.
spouse's SSN in the space provided on
167(g) or 460(b). See Form 8697 or
If you received a 2015 Form 1099
the front of Form 1040. Also, under the
8866. Identify as “8697” or “8866.”
showing federal income tax withheld on
heading Payments to the left of line 65,
16. Additional tax on income you re-
dividends, taxable or tax-exempt interest
enter your former spouse's SSN, fol-
ceived from a nonqualified deferred
income, unemployment compensation,
lowed by “DIV.”
compensation plan that fails to meet the
social security benefits, railroad retire-
Name change. If you changed your
requirements of section 409A. This in-
ment benefits, or other income you re-
name and you made estimated tax pay-
come should be shown in box 12 of
ceived, include the amount withheld in
ments using your former name, attach a
Form W-2 with code Z, or in box 15b of
the total on line 64. This should be
statement to the front of Form 1040 that
Form 1099-MISC. The tax is 20% of the
shown in box 4 of Form 1099, box 6 of
explains all the payments you and your
amount required to be included in in-
Form SSA-1099, or box 10 of Form
spouse made in 2015 and the name(s)
come plus an interest amount deter-
RRB-1099.
and SSN(s) under which you made
mined under section 409A(a)(1)(B)(ii).
them.
-53-
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