Form 8801 (2018)
Page 3
Part III
Tax Computation Using Maximum Capital Gains Rates
Complete Part III only if you are required to do so by line 11 or by the Foreign Earned Income Tax Worksheet in the instructions.
Caution: If you didn’t complete the 2017 Qualified Dividends and Capital Gain Tax Worksheet,
the 2017 Schedule D Tax Worksheet, or Part V of the 2017 Schedule D (Form 1041), see the
instructions before completing this part.*
27 Enter the amount from Form 8801, line 10. If you filed Form 2555 or 2555-EZ for 2017, enter the
amount from line 3 of the Foreign Earned Income Tax Worksheet in the instructions . . . . . 27
Caution: If for 2017 you filed Form 1040NR, 1041, 2555, or 2555-EZ, see the instructions before
completing lines 28, 29, and 30.
28
Enter the amount from line 6 of your 2017 Qualified Dividends and Capital Gain Tax Worksheet,
the amount from line 13 of your 2017 Schedule D Tax Worksheet, or the amount from line 26 of
the 2017 Schedule D (Form 1041), whichever applies* . . . . . . . . . . . . . . .
28
If you figured your 2017 tax using the 2017 Qualified Dividends and Capital Gain Tax
Worksheet, skip line 29 and enter the amount from line 28 on line 30. Otherwise, go to line
29.
29 Enter the amount from line 19 of your 2017 Schedule D (Form 1040), or line 18b, column (2), of the
2017 Schedule D (Form 1041) . . . . . . . . . . . . . . . . . . . . . . .
29
30 Add lines 28 and 29, and enter the smaller of that result or the amount from line 10 of your 2017
Schedule D Tax Worksheet . . . . . . . . . . . . . . . . . . . . . . . . 30
31 Enter the smaller of line 27 or line 30 . . . . . . . . . . . . . . . . . . . . 31
32 Subtract line 31 from line 27 . . . . . . . . . . . . . . . . . . . . . . . 32
33
If line 32 is $187,800 or less ($93,900 or less if married filing separately for 2017), multiply line 32
by 26% (0.26). Otherwise, multiply line 32 by 28% (0.28) and subtract $3,756 ($1,878 if married
filing separately for 2017) from the result. Form 1040NR filers, see instructions . . . . . .
▶
33
34
Enter:
• $75,900 if married filing jointly or qualifying widow(er) for 2017,
• $37,950 if single or married filing separately for 2017,
• $50,800 if head of household for 2017, or
• $2,550 for an estate or trust.
Form 1040NR filers, see instructions.
}
. . . . . . .
34
35
Enter the amount from line 7 of your 2017 Qualified Dividends and Capital Gain Tax Worksheet, the
amount from line 14 of your 2017 Schedule D Tax Worksheet, or the amount from line 27 of the 2017
Schedule D (Form 1041), whichever applies. If you didn’t complete either worksheet or Part V of the
2017 Schedule D (Form 1041), enter the amount from your 2017 Form 1040, line 43, or 2017 Form
1041, line 22, whichever applies; if zero or less, enter -0-. Form 1040NR filers, see instructions . . .
35
36 Subtract line 35 from line 34. If zero or less, enter -0- . . . . . . . . . . . . . . . 36
37 Enter the smaller of line 27 or line 28 . . . . . . . . . . . . . . . . . . . . 37
38 Enter the smaller of line 36 or line 37 . . . . . . . . . . . . . . . . . . . . 38
39 Subtract line 38 from line 37 . . . . . . . . . . . . . . . . . . . . . . . 39
40
Enter:
• $418,400 if single for 2017,
• $235,350 if married filing separately for 2017,
• $470,700 if married filing jointly or qualifying widow(er) for 2017,
• $444,550 if head of household for 2017, or
• $12,500 for an estate or trust.
Form 1040NR filers, see instructions.
}
. . . . . . .
40
41 Enter the amount from line 36 . . . . . . . . . . . . . . . . . . . . . . . 41
42
Form 1040 filers, enter the amount from line 7 of your 2017 Qualified Dividends and Capital Gain Tax
Worksheet or the amount from line 19 of your 2017 Schedule D Tax Worksheet, whichever applies. If you
didn’t complete either worksheet, see instructions. Form 1041 filers, enter the amount from line 27 of your
2017 Schedule D (Form 1041) or line 18 of your 2017 Schedule D Tax Worksheet, whichever applies. If
you didn’t complete either the worksheet or Part V of the 2017 Schedule D (Form 1041), enter the amount
from your 2017 Form 1041, line 22; if zero or less, enter -0-. Form 1040NR filers, see instructions . . .
42
* The 2017 Qualified Dividends and Capital Gain Tax Worksheet is in the 2017 Instructions for Form 1040. The 2017 Schedule D Tax Worksheet is in the 2017 Instructions
for Schedule D (Form 1040) (or the 2017 Instructions for Schedule D (Form 1041)).
Form 8801 (2018)