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

Form 8615 - Instructions (2015) Page 8

worksheet for Form 1040A or lines 6, 13, 22, and 24 of the

Worksheet to figure the tax unless the Schedule D Tax

worksheet for Form 1040NR).

Worksheet has to be used instead.

Enter the amount from line 27 of this Qualified

If any farming or fishing income (including certain

Dividends and Capital Gain Tax Worksheet (line 16 of the

amounts received in connection with the Exxon Valdez

worksheet in the Form 1040A instructions or line 25 of the

litigation) is included on line 4, the tax may be less if you

worksheet in the Form 1040NR instructions) on line 15 of

use Schedule J.

Form 8615 and check the box on that line. Do not attach

Child files Form 2555 or 2555-EZ. If line 4 includes any

this worksheet to the child's return.

qualified dividends or net capital gain and the child files

Using Schedule J (Form 1040) for line 15 tax. If

Form 2555 or 2555-EZ, see Pub. 929 for instructions on

line 14 includes any farming or fishing income (including

how to figure the line 17 tax.

certain amounts received in connection with the Exxon

Line 18

Valdez litigation), the tax may be less if you use

If the child files Form 2555 or 2555-EZ, do not enter the

Schedule J. See Pub. 929 for details on how to figure the

line 15 tax using Schedule J.

amount from Form 8615, line 18, on the child's Form

1040, line 44. Instead, enter the amount from Form 8615,

Line 17

line 18, on line 4 of the child's Foreign Earned Income Tax

Figure the tax using the Tax Table, Tax Computation

Worksheet (in the Form 1040 instructions). Then complete

Worksheet, Qualified Dividends and Capital Gain Tax

the rest of the Foreign Earned Income Tax Worksheet to

Worksheet, Schedule D Tax Worksheet, or Schedule J,

figure the child's tax.

whichever applies.

If line 4 includes any qualified dividends or net capital

gain, use the Qualified Dividends and Capital Gain Tax

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Instructions for Form 8615 (2015)

Form 8615 - Instructions (2015) Page 8