skip navigation

Search Help
Navigation Help

Topic Index
ABCDEFGHI
JKLMNOPQR
STUVWXYZ#

Affordable Care Act
Tax Topic Index

International
Tax Topic Index

FAQs
Forms
Publications
Tax Topics

Comments
About Tax Map

IRS.gov Website
Instructions for Schedule J (Form 1040)
taxmap/instr/i1040sj-008.htm#en_us_publink1000274219

Line 12(p8)

rule
If line 11 is zero or less, enter -0- on line 12. Otherwise, figure the tax on the amount on line 11 using:
If your elected farm income includes net capital gain, you must use the 2011 Schedule D Tax Worksheet to figure the tax on the amount on line 11. However, if you filed Form 2555 or 2555-EZ for 2011, you must first complete the 2011 Foreign Earned Income Tax Worksheet, and then use the 2011 Schedule D Tax Worksheet to figure the tax on the amount on line 3 of that worksheet.
When completing the Schedule D Tax Worksheet, you must allocate 1/3 of the amount on line 2b (and 1/3 of the amount on line 2c, if any) to 2011. If for 2011 you had a capital loss that resulted in a capital loss carryover to 2012, do not reduce the elected farm income allocated to 2011 by any part of the carryover.
taxmap/instr/i1040sj-008.htm#id2013_f25514j10

2011 Tax Rate Schedules—Line 12

Schedule X—Use if your 2011 filing status was Single or you checked filing status box 1 or 2 on Form 1040NR Schedule Y-2—Use if your 2011 filing status was Married filing separately or you checked filing status box 3, 4, or 5 on Form 1040NR
If Schedule J, line 11, is:
Over—
But not over—Enter on     
Schedule J,     
line 12     
of the amount over—If Schedule J, line 11, is:
Over—
But not over—Enter on     
Schedule J,     
line 12     
of the amount over—
$0
8,500
34,500
83,600
174,400
379,150
$8,500
34,500
83,600
174,400
379,150
.............
...........
$850.00 +
4,750.00+
17,025.00+
42,449.00+
110,016.50+


10%
15%
25%

28%
33%
35%
$0
8,500
34,500

83,600
174,400
379,150
$0
8,500
34,500
69,675
106,150
189,575
$8,500
34,500
69,675
106,150
189,575
.............
...........
$850.00 + 4,750.00 +
13,543.75+
23,756.75+
51,287.00+
10%
15%
25%
28%
33%
35%
$0
8,500

34,500
69,675
106,150
189,575
Schedule Y-1—Use if your 2011 filing status was Married filing jointly or Qualifying widow(er) or you checked filing status box 6 on Form 1040NR Schedule Z—Use if your 2011 filing status was Head of household
If Schedule J, line 11, is:
Over—
But not over—Enter on     
Schedule J,     
line 12     
of the amount over—If Schedule J, line 11, is:
Over—
But not over—Enter on     
Schedule J,     
line 12     
of the amount over—
$0
17,000
69,000
139,350
212,300
379,150
$17,000
69,000
139,350
212,300
379,150
............
...........
$1,700.00+
9,500.00 +
27,087.50+
47,513.50+
102,574.00+


10%
15%
25%

28%
33%
35%
$0
17,000

69,000
139,350
212,300
379,150
$0
12,150
46,250
119,400
193,350
379,150
$12,150 46,250
119,400
193,350
379,150
.............
...........
$1,215.00 + 6,330.00 +
24,617.50+
45,323.50+
106,637.50+
10%
15%

25%
28%
33%
35%
$0
12,150

46,250
119,400
193,350
379,150
taxmap/instr/i1040sj-008.htm#id2013_w25514j06
pencil

2011 Qualified Dividends and Capital Gain Tax Worksheet—Line 12

Use this worksheet only if both of the following apply.
  • Your elected farm income on your 2013 Schedule J, line 2a, does not include any net capital gain.
  • You (a) entered qualified dividends on your 2011 Form 1040, line 9b (or your 2011 Form 1040A, line 9b, or 2011 Form 1040NR, line 10b); (b) entered capital gain distributions directly on your 2011 Form 1040, line 13 (or your 2011 Form 1040A, line 10, or 2011 Form 1040NR, line 14) and were not required to file Schedule D; or (c) filed Schedule D in 2011 and you answered "Yes" on lines 17 and 20 of that Schedule D.
 
1. Amount from your 2013 Schedule J, line 11. If for 2011 you filed Form 2555 or 2555-EZ, enter the amount from line 3 of the 2011 Foreign Earned Income Tax Worksheet 1.   
2. Amount from your 2011 Form 1040, line 9b* (or your 2011 Form 1040A, line 9b, or 2011 Form 1040NR, line 10b)2.   
3. Did you file Schedule D in 2011?*    
   box Yes. Enter the smaller of line 15 or 16 of your 2011 Schedule D, but do not enter less than -0- Right brace3.   
   box No.Enter the amount from your 2011 Form 1040, line 13 (or your 2011 Form 1040A, line 10, or 2011 Form 1040NR, line 14)    
4. Add lines 2 and 34.   
5. Amount, if any, from your 2011 Form 4952, line 4g 5.   
6. Subtract line 5 from line 4. If zero or less, enter -0-6.   
7. Subtract line 6 from line 1. If zero or less, enter -0-7.   
8. Enter one of the following three amounts depending on your
filing status:
  
  
  • $34,500 if single or married filing separately, or if you checked filing status box 1, 2, 3, 4, or 5 on Form 1040NR;
Right brace8.   
  
  • $69,000 if married filing jointly or qualifying widow(er) or if you checked filing status box 6 on Form 1040NR;
  • $46,250 if head of household.

  
9. Enter the smaller of line 1 or line 89.     
10. Enter the smaller of line 7 or line 910.   
11. Subtract line 10 from line 9. This amount is taxed at 0%11.     
12. Enter the smaller of line 1 or line 612.   
13. Enter the amount from line 1113.   
14. Subtract line 13 from line 1214.   
15. Multiply line 14 by 15% (.15)15.  
16. Figure the tax on the amount on line 7. Use the 2011 Tax Rate Schedules16.  
17. Add lines 15 and 1617.  
18. Figure the tax on the amount on line 1. Use the 2011 Tax Rate Schedules18.  
19. Tax. Enter the smaller of line 17 or line 18 here and on your 2013 Schedule J, line 12. If for 2011 you filed Form 2555 or 2555-EZ, do not enter this amount on Schedule J, line 12. Instead, enter it on line 4 of the 2011 Foreign Earned Income Tax Worksheet 19.  
*If for 2011 you filed Form 2555 or 2555-EZ, see the footnote in the 2011 Foreign Earned Income Tax Worksheet before completing this line.
  
taxmap/instr/i1040sj-008.htm#id2013_w25514j20
pencil

2011 Foreign Earned Income Tax Worksheet—Line 12

Use this worksheet if you claimed the foreign earned income exclusion or housing exclusion on your 2011 Form 1040 using Form 2555 or 2555-EZ. However, if Schedule J, line 11, is zero or less do not complete this worksheet.
1.Enter the amount from your 2013 Schedule J, line 111.
2.Enter the amount from your (and your spouse's, if filing jointly) 2011 Form 2555, lines 45 and 50, or Form 2555-EZ, line 18 2.
3.Add lines 1 and 23.
4.Tax on the amount on line 3. Use the 2011 Tax Rate Schedules, the 2011 Qualified Dividends and Capital Gain Tax Worksheet,* or the 2011 Schedule D Tax Worksheet in the 2011 Schedule D instructions,* whichever applies. 4.
5.Tax on the amount on line 2. Use the 2011 Tax Rate Schedules. 5.
6.Subtract line 5 from line 4. Enter the result. If zero or less, enter -0-. Also include this amount on your 2013 Schedule J, line 12 6.
*Enter the amount from line 3 above on line 1 of the 2011 Qualified Dividends and Capital Gain Tax Worksheet or the 2011 Schedule D Tax Worksheet if you use either of those worksheets to figure the tax on line 4 above. Complete the rest of that worksheet through line 6 (line 10 if you use the Schedule D Tax Worksheet). Next, you must determine if you had a capital gain excess. To find out if you had a capital gain excess, subtract the amount from your 2013 Schedule J, line 11, from line 6 of your 2011 Qualified Dividends and Capital Gain Tax Worksheet (line 10 of your 2011 Schedule D Tax Worksheet). If the result is more than zero, that amount is your capital gain excess.
 If you did not have a capital gain excess, complete the rest of either of those worksheets according to the worksheet's instructions. Then complete lines 5 and 6 above.
 If you had a capital gain excess, complete a second 2011 Qualified Dividends and Capital Gain Tax Worksheet or 2011 Schedule D Tax Worksheet (whichever applies) as instructed above but in its entirety and with the following additional modifications. Then complete lines 5 and 6 above. These modifications are to be made only for purposes of filling out the 2011 Foreign Earned Income Tax Worksheet above.
 1. Reduce (but not below zero) the amount you would otherwise enter on line 3 of your 2011 Qualified Dividends and Capital Gain Tax Worksheet or line 9 of your 2011 Schedule D Tax Worksheet by your capital gain excess.
 2. Reduce (but not below zero) the amount you would otherwise enter on line 2 of your 2011 Qualified Dividends and Capital Gain Tax Worksheet or line 6 of your 2011 Schedule D Tax Worksheet by any of your capital gain excess not used in (1) above.
 3. Reduce (but not below zero) the amount on your 2011 Schedule D (Form 1040), line 18, by your capital gain excess.
 4. Include your capital gain excess as a loss on line 16 of your 2011 Unrecaptured Section 1250 Gain Worksheet in the 2011 Instructions for Schedule D (Form 1040).