Form 8615 - Instructions (2015) (Page 4 of 8) in pdf

Form 8615 - Instructions (2015) Page 4

2015 Line 5 Worksheet #1

Keep for Your Records

Use this worksheet only if line 2 of the child's Form 8615 is $2,100 and lines 3 and 5 are the same amount.

Enter the child's qualified dividends . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Enter the child's net capital gain . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Enter the amount from the child's Form 8615, line 1 . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Divide line 1 by line 3. Enter the result as a decimal (rounded to at least three places).

Do not enter more than 1.000 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Divide line 2 by line 3. Enter the result as a decimal (rounded to at least three places).

Do not enter more than 1.000 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Multiply $2,100 by line 4 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Multiply $2,100 by line 5 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Qualified dividends on Form 8615, line 5. Subtract line 6 of this worksheet from

line 1 (but do not enter less than zero or more than the amount on Form 8615,

line 5) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Net capital gain on Form 8615, line 5. Subtract line 7 of this worksheet from line 2

(but do not enter less than zero or more than the excess of Form 8615, line 5, over

line 8 of this worksheet)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

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Instructions for Form 8615 (2015)

Form 8615 - Instructions (2015) Page 4