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How Do I File My 2011 Taxes Now

Irs Gov Form1040xIncome Tax Return 1040ezIrs Forms 1040Hr Block State Taxes1040nr Efile 2012Free E File 20131040ez FormHow To File 1040 Ez Form OnlineFree State Tax E FilingFiling Taxes StudentCan I Refile My Taxes2011 Tax Tables1040 Schedule A Tax FormE File Form 1040ez1040x Electronic Filing2013 Tax Form 1040ezTurbotax 1040xFile 2012 And 2013 TaxesFile A Free State Tax Return2011 1040ez OnlineFree Tax Software 2011Filing Taxes For StudentsIrs Free State Tax FilingFed 1040ezWhere Can I File Just My State Taxes For FreeTax Questions For StudentsCan I Still File My 2012 TaxesFree Income Tax PreparationHelp Filling Out 1040x FormFreetaxusa 2012E File Tax Return 2011State Tax Return 2013Tax Return 2012 FormAmend 2011 Tax Return1090ez2012 Form 1040aMilitary Onesource Hr BlockForm 1040ezCan I Still File My 2012 Taxes OnlineEfile State Taxes

How Do I File My 2011 Taxes Now

How do i file my 2011 taxes now Index A Additional Medicare Tax, Reminders, Reporting sick pay on Form W-2. How do i file my 2011 taxes now Agents, reporting, Agents Agricultural workers, H-2A agricultural workers. How do i file my 2011 taxes now Alternative methods of withholding, 9. How do i file my 2011 taxes now Alternative Methods for Figuring Withholding Annuity payments, 8. How do i file my 2011 taxes now Pensions and Annuities Assistance (see Tax help) Awards, employee achievement, Employee Achievement Awards B Back pay, Back Pay Below-market rate loans, Interest-Free and Below-Market-Interest-Rate Loans C Comments on publication, Comments and suggestions. How do i file my 2011 taxes now Common paymaster, Common Paymaster Common-law employees, Common-Law Employees Common-law rules, Common-Law Rules Corporate officers, Common-Law Employees D Deferred compensation plans, nonqualified, Nonqualified Deferred Compensation Plans Direct sellers, Direct sellers. How do i file my 2011 taxes now Director of corporation, Common-Law Employees E Electronic Form W-2, Reminders Employee achievement awards, Employee Achievement Awards Employee or contractor Attorney, Attorney Automobile industry, Automobile Industry Building industry, Building and Construction Industry Computer industry, Computer Industry Salesperson, Salesperson Taxicab driver, Taxicab Driver Trucking industry, Trucking Industry Employee's taxes paid by employer, Employee's Portion of Taxes Paid by Employer Employees Common-law rules, Common-Law Rules Industry examples, Industry Examples Statutory, Statutory Employees Employees defined, 1. How do i file my 2011 taxes now Who Are Employees? Employees misclassification, Misclassification of Employees Excessive termination payments (golden parachute), Golden Parachute Payments Exempt organizations, 3. How do i file my 2011 taxes now Employees of Exempt Organizations F Fellowship payments, Scholarship and Fellowship Payments Form W-2, electronic filing, Reminders G Golden parachute, Golden Parachute Payments I Idle time, Withholding for Idle Time Independent contractors, Independent Contractors Indian gaming profits, 10. How do i file my 2011 taxes now Tables for Withholding on Distributions of Indian Gaming Profits to Tribal Members Interest-free loans, Interest-Free and Below-Market-Interest-Rate Loans International social security agreements, International Social Security Agreements L Leased employees, Leased employees. How do i file my 2011 taxes now Leave sharing plans, Leave Sharing Plans Loans, interest-free or below-market rate, Interest-Free and Below-Market-Interest-Rate Loans M Ministers, Ministers. How do i file my 2011 taxes now Misclassification of employees, Misclassification of Employees N Nonqualified plans, Nonqualified Deferred Compensation Plans O Officer of corporation, Common-Law Employees Outplacement services, Outplacement Services P Pension payments, 8. How do i file my 2011 taxes now Pensions and Annuities Publications (see Tax help) R Real estate agents, Licensed real estate agents. How do i file my 2011 taxes now Religious exemptions, 4. How do i file my 2011 taxes now Religious Exemptions and Special Rules for Ministers Reporting agents, Agents S Scholarship payments, Scholarship and Fellowship Payments Sick pay, 6. How do i file my 2011 taxes now Sick Pay Reporting SIMPLE retirement plans, SIMPLE Retirement Plans Simplified employee pension, Contributions to a Simplified Employee Pension (SEP) Statutory employees, Statutory Employees Statutory nonemployees, Statutory Nonemployees Suggestions for publication, Comments and suggestions. How do i file my 2011 taxes now Supplemental unemployment benefits, Supplemental Unemployment Benefits T Tax help, How To Get Tax Help Tax-exempt organizations, 3. How do i file my 2011 taxes now Employees of Exempt Organizations Tax-sheltered annuities, Tax-Sheltered Annuities Technical service specialists, Technical service specialists. How do i file my 2011 taxes now Third-party sick pay, Sick Pay Paid by Third Party , Third-party sick pay recap Forms W-2 and W-3. How do i file my 2011 taxes now TTY/TDD information, How To Get Tax Help W Withholding Alternative methods, 9. How do i file my 2011 taxes now Alternative Methods for Figuring Withholding Idle time payments, Withholding for Idle Time Indian gaming profits, 10. How do i file my 2011 taxes now Tables for Withholding on Distributions of Indian Gaming Profits to Tribal Members Pensions and annuities, Federal Income Tax Withholding Sick pay, Income Tax Withholding on Sick Pay Prev  Up     Home   More Online Publications
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The How Do I File My 2011 Taxes Now

How do i file my 2011 taxes now Publication 929 - Main Content Table of Contents Part 1. How do i file my 2011 taxes now Rules for All Dependents Filing RequirementsEarned Income Only Unearned Income Only Both Earned and Unearned Income Other Filing Requirements Should a Return Be Filed Even If Not Required? Responsibility for Child's ReturnThird party designee. How do i file my 2011 taxes now Designated as representative. How do i file my 2011 taxes now IRS notice. How do i file my 2011 taxes now Standard DeductionStandard Deduction of Zero Dependent's Own Exemption Withholding From WagesExceptions. How do i file my 2011 taxes now Part 2. How do i file my 2011 taxes now Tax on Unearned Income of Certain ChildrenWhich Parent's Return To Use Parent's Election To Report Child's Interest and DividendsEffect of Making the Election Figuring Child's Income Figuring Additional Tax Tax for Certain Children Who Have Unearned IncomeProviding Parental Information (Form 8615, Lines A–C) Step 1. How do i file my 2011 taxes now Figuring the Child's Net Unearned Income (Form 8615, Part I) Step 2. How do i file my 2011 taxes now Figuring a Tentative Tax at the Parent's Tax Rate (Form 8615, Part II) Step 3. How do i file my 2011 taxes now Figuring the Child's Tax (Form 8615, Part III) Alternative Minimum Tax Illustrated Example Part 1. How do i file my 2011 taxes now Rules for All Dependents This part of the publication discusses the filing requirements for dependents, who is responsible for a child's return, how to figure a dependent's standard deduction and exemption (if any), and whether a dependent can claim exemption from federal income tax withholding. How do i file my 2011 taxes now Filing Requirements Whether a dependent has to file a return generally depends on the amount of the dependent's earned and unearned income and whether the dependent is married, is age 65 or older, or is blind. How do i file my 2011 taxes now A dependent may have to file a return even if his or her income is less than the amount that would normally require a return. How do i file my 2011 taxes now See Other Filing Requirements, later. How do i file my 2011 taxes now The following sections apply to dependents with: Earned income only, Unearned income only, and Both earned and unearned income. How do i file my 2011 taxes now  To find out whether a dependent must file, read the section that applies, or use Table 1. How do i file my 2011 taxes now Earned Income Only A dependent whose gross income is only earned income must file a return if the gross income is more than the amount listed in the following table. How do i file my 2011 taxes now Marital Status Amount Single   Under 65 and not blind $6,100 Either 65 or older or blind $7,600 65 or older and blind $9,100 Married*   Under 65 and not blind $6,100 Either 65 or older or blind $7,300 65 or older and blind $8,500 *If a dependent's spouse itemizes deductions on a separate return, the dependent must file a return if the dependent has $5 or more of gross income (earned and/or unearned). How do i file my 2011 taxes now Example. How do i file my 2011 taxes now William is 16. How do i file my 2011 taxes now His mother claims an exemption for him on her income tax return. How do i file my 2011 taxes now He worked part time on weekends during the school year and full time during the summer. How do i file my 2011 taxes now He earned $7,000 in wages. How do i file my 2011 taxes now He did not have any unearned income. How do i file my 2011 taxes now He must file a tax return because he has earned income only and his gross income is more than $6,100. How do i file my 2011 taxes now If he is blind, he does not have to file a return because his gross income is not more than $7,600. How do i file my 2011 taxes now Unearned Income Only A dependent whose gross income is only unearned income must file a return if the gross income is more than the amount listed in the following table. How do i file my 2011 taxes now Marital Status Amount Single   Under 65 and not blind $1,000 Either 65 or older or blind $2,500 65 or older and blind $4,000 Married*   Under 65 and not blind $1,000 Either 65 or older or blind $2,200 65 or older and blind $3,400 *If a dependent's spouse itemizes deductions on a separate return, the dependent must file a return if the dependent has $5 or more of gross income (earned and/or unearned). How do i file my 2011 taxes now Example. How do i file my 2011 taxes now Sarah is 18 and single. How do i file my 2011 taxes now Her parents can claim an exemption for her on their income tax return. How do i file my 2011 taxes now She received $1,970 of taxable interest and dividend income. How do i file my 2011 taxes now She did not work during the year. How do i file my 2011 taxes now She must file a tax return because she has unearned income only and her gross income is more than $1,000. How do i file my 2011 taxes now If she is blind, she does not have to file a return because she has unearned income only and her gross income is not more than $2,500. How do i file my 2011 taxes now Election to report child's unearned income on parent's return. How do i file my 2011 taxes now   A parent of a child under age 19 (or under age 24 if a full-time student) may be able to elect to include the child's interest and dividend income on the parent's return. How do i file my 2011 taxes now See Parent's Election To Report Child's Interest and Dividends in Part 2. How do i file my 2011 taxes now If the parent makes this election, the child does not have to file a return. How do i file my 2011 taxes now Both Earned and Unearned Income A dependent who has both earned and unearned income generally must file a return if the dependent's gross income is more than line 5 of the following worksheet. How do i file my 2011 taxes now Filing Requirement Worksheet for Most Dependents 1. How do i file my 2011 taxes now Enter dependent's earned income plus $350     2. How do i file my 2011 taxes now Minimum amount   $1,000 3. How do i file my 2011 taxes now Compare lines 1 and 2. How do i file my 2011 taxes now Enter the larger amount     4. How do i file my 2011 taxes now Maximum amount   6,100 5. How do i file my 2011 taxes now Compare lines 3 and 4. How do i file my 2011 taxes now Enter the smaller amount     6. How do i file my 2011 taxes now Enter the dependent's gross income. How do i file my 2011 taxes now If line 6 is more than line 5, the dependent must file an income tax return. How do i file my 2011 taxes now If the dependent is married and his or her spouse itemizes deductions on a separate return, the dependent must file an income tax return if line 6 is $5 or more. How do i file my 2011 taxes now       Table 1. How do i file my 2011 taxes now 2013 Filing Requirements for Dependents If your parent (or someone else) can claim you as a dependent, use this table to see if you must file a return. How do i file my 2011 taxes now   See the definitions of “dependent,”“earned income,”“unearned income,” and “gross income” in the Glossary. How do i file my 2011 taxes now   Single dependents—Were you either age 65 or older or blind?     No. How do i file my 2011 taxes now You must file a return if any of the following apply. How do i file my 2011 taxes now       Your unearned income was over $1,000. How do i file my 2011 taxes now Your earned income was over $6,100. How do i file my 2011 taxes now Your gross income was more than the larger of—       $1,000, or Your earned income (up to $5,750) plus $350. How do i file my 2011 taxes now         Yes. How do i file my 2011 taxes now You must file a return if any of the following apply. How do i file my 2011 taxes now     Your unearned income was over $2,500 ($4,000 if 65 or older and blind), Your earned income was over $7,600 ($9,100 if 65 or older and blind), Your gross income was more than the larger of—       $2,500 ($4,000 if 65 or older and blind), or Your earned income (up to $5,750) plus $1,850 ($3,350 if 65 or older and blind). How do i file my 2011 taxes now       Married dependents—Were you either age 65 or older or blind?     No. How do i file my 2011 taxes now You must file a return if any of the following apply. How do i file my 2011 taxes now       Your gross income was at least $5 and your spouse files a separate return and itemizes deductions. How do i file my 2011 taxes now Your unearned income was over $1,000. How do i file my 2011 taxes now Your earned income was over $6,100. How do i file my 2011 taxes now Your gross income was more than the larger of—       $1,000, or Your earned income (up to $5,750) plus $350. How do i file my 2011 taxes now       Yes. How do i file my 2011 taxes now You must file a return if any of the following apply. How do i file my 2011 taxes now       Your gross income was at least $5 and your spouse files a separate return and itemizes deductions. How do i file my 2011 taxes now Your unearned income was over $2,200 ($3,400 if 65 or older and blind), Your earned income was over $7,300 ($8,500 if 65 or older and blind), Your gross income was more than the larger of—       $2,200 ($3,400 if 65 or older and blind), or Your earned income (up to $5,750) plus $1,550 ($2,750 if 65 or older and blind). How do i file my 2011 taxes now       Example 1. How do i file my 2011 taxes now Joe is 20, single, not blind, and a full-time college student. How do i file my 2011 taxes now He does not provide more than half of his own support, and his parents claim an exemption for him on their income tax return. How do i file my 2011 taxes now He received $200 taxable interest income and earned $2,750 from a part-time job. How do i file my 2011 taxes now He does not have to file a tax return because his gross income of $2,950 ($200 interest plus $2,750 in wages) is not more than $3,100, the amount on line 5 of his filled-in Filing Requirement Worksheet for Most Dependents (shown next). How do i file my 2011 taxes now Filled-in Example 1 Filing Requirement Worksheet  for Most Dependents 1. How do i file my 2011 taxes now Enter dependent's earned income plus $350   $ 3,100 2. How do i file my 2011 taxes now Minimum amount   1,000 3. How do i file my 2011 taxes now Compare lines 1 and 2. How do i file my 2011 taxes now Enter the larger amount   3,100 4. How do i file my 2011 taxes now Maximum amount   6,100 5. How do i file my 2011 taxes now Compare lines 3 and 4. How do i file my 2011 taxes now Enter the smaller amount   3,100 6. How do i file my 2011 taxes now Enter the dependent's gross income. How do i file my 2011 taxes now If line 6 is more than line 5, the dependent must file an income tax return. How do i file my 2011 taxes now If the dependent is married and his or her spouse itemizes deductions on a separate return, the dependent must file an income tax return if line 6 is $5 or more. How do i file my 2011 taxes now   $ 2,950   Example 2. How do i file my 2011 taxes now The facts are the same as in Example 1 except that Joe had $600 taxable interest income. How do i file my 2011 taxes now He must file a tax return because his gross income of $3,350 ($600 interest plus $2,750 wages) is more than $3,100, the amount on line 5 of his filled-in worksheet (shown next). How do i file my 2011 taxes now Filled-in Example 2 Filing Requirement Worksheet for Most Dependents 1. How do i file my 2011 taxes now Enter dependent's earned income plus $350   $ 3,100 2. How do i file my 2011 taxes now Minimum amount   1,000 3. How do i file my 2011 taxes now Compare lines 1 and 2. How do i file my 2011 taxes now Enter the larger amount   3,100 4. How do i file my 2011 taxes now Maximum amount   6,100 5. How do i file my 2011 taxes now Compare lines 3 and 4. How do i file my 2011 taxes now Enter the smaller amount   3,100 6. How do i file my 2011 taxes now Enter the dependent's gross income. How do i file my 2011 taxes now If line 6 is more than line 5, the dependent must file an income tax return. How do i file my 2011 taxes now If the dependent is married and his or her spouse itemizes deductions on a separate return, the dependent must file an income tax return if line 6 is $5 or more. How do i file my 2011 taxes now   $ 3,350   Age 65 or older or blind. How do i file my 2011 taxes now A dependent who is age 65 or older or blind must file a return if his or her gross income is more than line 7 of the following worksheet. How do i file my 2011 taxes now Filing Requirement Worksheet  for Dependents Who Are Age 65 or Older or Blind 1. How do i file my 2011 taxes now Enter dependent's earned income plus $350     2. How do i file my 2011 taxes now Minimum amount   $1,000 3. How do i file my 2011 taxes now Compare lines 1 and 2. How do i file my 2011 taxes now Enter the larger amount     4. How do i file my 2011 taxes now Maximum amount   6,100 5. How do i file my 2011 taxes now Compare lines 3 and 4. How do i file my 2011 taxes now Enter the smaller amount     6. How do i file my 2011 taxes now Enter the amount from the following table that applies to the dependent       Marital Status Amount     Single         Either 65 or older or blind $1,500       65 or older and blind $3,000     Married         Either 65 or older or blind $1,200       65 or older and blind $2,400   7. How do i file my 2011 taxes now Add lines 5 and 6. How do i file my 2011 taxes now Enter the total     8. How do i file my 2011 taxes now Enter the dependent's gross income. How do i file my 2011 taxes now If line 8 is more than line 7, the dependent must file an income tax return. How do i file my 2011 taxes now If the dependent is married and his or her spouse itemizes deductions on a separate return, the dependent must file an income tax return if line 8 is $5 or more     Example 3. How do i file my 2011 taxes now The facts are the same as in Example 2 except that Joe is also blind. How do i file my 2011 taxes now He does not have to file a return because his gross income of $3,350 is not more than $4,600, the amount on line 7 of his filled-in Filing Requirement Worksheet for Dependents Who Are Age 65 or Older or Blind (shown next). How do i file my 2011 taxes now   Filled-in Example 3 Filing Requirement Worksheet  for Dependents Who Are Age 65 or Older or Blind 1. How do i file my 2011 taxes now Enter dependent's earned income plus $350   $3,100 2. How do i file my 2011 taxes now Minimum amount   1,000 3. How do i file my 2011 taxes now Compare lines 1 and 2. How do i file my 2011 taxes now Enter the larger amount   3,100 4. How do i file my 2011 taxes now Maximum amount   6,100 5. How do i file my 2011 taxes now Compare lines 3 and 4. How do i file my 2011 taxes now Enter the smaller amount   3,100 6. How do i file my 2011 taxes now Enter the amount from the following table that applies to the dependent   1,500   Marital Status Amount     Single         Either 65 or older or blind $1,500       65 or older and blind $3,000     Married         Either 65 or older or blind $1,200       65 or older and blind $2,400   7. How do i file my 2011 taxes now Add lines 5 and 6. How do i file my 2011 taxes now Enter the total   4,600 8. How do i file my 2011 taxes now Enter the dependent's gross income. How do i file my 2011 taxes now If line 8 is more than line 7, the dependent must file an income tax return. How do i file my 2011 taxes now If the dependent is married and his or her spouse itemizes deductions on a separate return, the dependent must file an income tax return if line 8 is $5 or more   $3,350 Other Filing Requirements Some dependents may have to file a tax return even if their income is less than the amount that would normally require them to file a return. How do i file my 2011 taxes now A dependent must file a tax return if he or she owes any other taxes, such as: Social security and Medicare taxes on tips not reported to his or her employer or on wages received from an employer who did not withhold these taxes, Uncollected social security and Medicare or railroad retirement taxes on tips reported to his or her employer or on group-term life insurance, Alternative minimum tax, Additional tax on a health savings account from Form 8889, Part III, Recapture taxes, such as the tax from recapture of an education credit, or Additional tax on a qualified plan, including an individual retirement arrangement (IRA), or other tax-favored account. How do i file my 2011 taxes now But if the dependent is filing a return only because of this tax, the dependent can file Form 5329 by itself. How do i file my 2011 taxes now A dependent must also file a tax return if he or she: Had wages of $108. How do i file my 2011 taxes now 28 or more from a church or qualified church-controlled organization that is exempt from employer social security and Medicare taxes, or Had net earnings from self-employment of at least $400. How do i file my 2011 taxes now Spouse itemizes. How do i file my 2011 taxes now   A dependent must file a return if the dependent's spouse itemizes deductions on a separate return and the dependent has $5 or more of gross income (earned and/or unearned). How do i file my 2011 taxes now Should a Return Be Filed Even If Not Required? Even if a dependent does not meet any of the filing requirements discussed earlier, he or she should file a tax return if either of the following applies. How do i file my 2011 taxes now Income tax was withheld from his or her income. How do i file my 2011 taxes now He or she qualifies for the earned income credit, additional child tax credit, health coverage tax credit, or refundable American opportunity education credit. How do i file my 2011 taxes now See the tax return instructions to find out who qualifies for these credits. How do i file my 2011 taxes now  By filing a return, the dependent can get a refund. How do i file my 2011 taxes now Responsibility for Child's Return Generally, a child is responsible for filing his or her own tax return and for paying any tax, penalties, or interest on that return. How do i file my 2011 taxes now If a child cannot file his or her own return for any reason, such as age, the child's parent, guardian, or other legally responsible person must file it for the child. How do i file my 2011 taxes now Signing the child's return. How do i file my 2011 taxes now   If the child cannot sign his or her return, a parent or guardian must sign the child's name followed by the words “By (signature), parent (or guardian) for minor child. How do i file my 2011 taxes now ” Authority of parent or guardian. How do i file my 2011 taxes now   A parent or guardian who signs a return on a child's behalf can deal with the IRS on all matters connected with the return. How do i file my 2011 taxes now   In general, a parent or guardian who does not sign the child's return can only provide information concerning the child's return and pay the child's tax. How do i file my 2011 taxes now That parent or guardian is not entitled to receive information from the IRS or legally bind the child to a tax liability arising from the return. How do i file my 2011 taxes now Third party designee. How do i file my 2011 taxes now   A child's parent or guardian who does not sign the child's return may be authorized, as a third party designee, to discuss the processing of the return with the IRS as well as provide information concerning the return. How do i file my 2011 taxes now The child or the person signing the return on the child's behalf must check the “Yes” box in the “Third Party Designee” area of the return and name the parent or guardian as the designee. How do i file my 2011 taxes now   If designated, a parent or guardian can respond to certain IRS notices and receive information about the processing of the return and the status of a refund or payment. How do i file my 2011 taxes now This designation does not authorize the parent or guardian to receive any refund check, bind the child to any tax liability, or otherwise represent the child before the IRS. How do i file my 2011 taxes now See the return instructions for more information. How do i file my 2011 taxes now Designated as representative. How do i file my 2011 taxes now   A parent or guardian who does not sign the child's return may be designated as the child's representative by the child or the person signing the return on the child's behalf. How do i file my 2011 taxes now Form 2848, Power of Attorney and Declaration of Representative, is used to designate a child's representative. How do i file my 2011 taxes now See Publication 947, Practice Before the IRS and Power of Attorney, for more information. How do i file my 2011 taxes now   If designated, a parent or guardian can receive information about the child's return but cannot legally bind the child to a tax liability unless authorized to do so by the law of the state in which the child lives. How do i file my 2011 taxes now IRS notice. How do i file my 2011 taxes now   If you or the child receives a notice from the IRS concerning the child's return or tax liability, you should immediately inform the IRS that the notice concerns a child. How do i file my 2011 taxes now The notice will show who to contact. How do i file my 2011 taxes now The IRS will try to resolve the matter with the parent(s) or guardian(s) of the child consistent with their authority. How do i file my 2011 taxes now Child's earnings. How do i file my 2011 taxes now   For federal income tax purposes, amounts a child earns by performing services are included in the gross income of the child and not the gross income of the parent. How do i file my 2011 taxes now This is true even if, under state law, the parent has the right to the earnings and may actually have received them. How do i file my 2011 taxes now If the child does not pay the tax due on this income, the parent may be liable for the tax. How do i file my 2011 taxes now Child's expenses. How do i file my 2011 taxes now   Deductions for payments that are made out of a child's earnings are the child's, even if the payments are made by the parent. How do i file my 2011 taxes now Example. How do i file my 2011 taxes now You made payments on your child's behalf that are deductible as a business expense and a charitable contribution. How do i file my 2011 taxes now You made the payments out of your child's earnings. How do i file my 2011 taxes now These items can be deducted only on the child's return. How do i file my 2011 taxes now Standard Deduction The standard deduction for an individual who can be claimed as a dependent on another person's tax return is generally limited to the larger of: $1,000, or The individual's earned income plus $350, but not more than the regular standard deduction (generally $6,100). How do i file my 2011 taxes now However, the standard deduction may be higher for a dependent who: Is 65 or older, or Is blind. How do i file my 2011 taxes now Certain dependents cannot claim any standard deduction. How do i file my 2011 taxes now See Standard Deduction of Zero , later. How do i file my 2011 taxes now Worksheet 1. How do i file my 2011 taxes now   Use Worksheet 1 to figure the dependent's standard deduction. How do i file my 2011 taxes now Worksheet 1. How do i file my 2011 taxes now Standard Deduction Worksheet for Dependents Use this worksheet only if someone else can claim you (or your spouse, if filing jointly) as a dependent. How do i file my 2011 taxes now If you were 65 or older and/or blind, check the correct number of boxes below. How do i file my 2011 taxes now Put the total number of boxes checked in box c and go to line 1. How do i file my 2011 taxes now a. How do i file my 2011 taxes now You 65 or older   Blind   b. How do i file my 2011 taxes now Your spouse, if claiming  spouse's exemption 65 or older   Blind   c. How do i file my 2011 taxes now Total boxes checked         1. How do i file my 2011 taxes now Enter your earned income (defined below) plus $350. How do i file my 2011 taxes now If none, enter -0-. How do i file my 2011 taxes now 1. How do i file my 2011 taxes now     2. How do i file my 2011 taxes now Minimum amount. How do i file my 2011 taxes now   2. How do i file my 2011 taxes now $1,000   3. How do i file my 2011 taxes now Compare lines 1 and 2. How do i file my 2011 taxes now Enter the larger of the two amounts here. How do i file my 2011 taxes now 3. How do i file my 2011 taxes now     4. How do i file my 2011 taxes now Enter on line 4 the amount shown below for your filing status. How do i file my 2011 taxes now       Single or Married filing separately—$6,100 Married filing jointly—$12,200 Head of household—$8,950 4. How do i file my 2011 taxes now     5. How do i file my 2011 taxes now Standard deduction. How do i file my 2011 taxes now         a. How do i file my 2011 taxes now Compare lines 3 and 4. How do i file my 2011 taxes now Enter the smaller amount here. How do i file my 2011 taxes now If under 65 and not blind, stop here. How do i file my 2011 taxes now This is your standard deduction. How do i file my 2011 taxes now Otherwise, go on to line 5b. How do i file my 2011 taxes now 5a. How do i file my 2011 taxes now     b. How do i file my 2011 taxes now If 65 or older or blind, multiply $1,500 ($1,200 if married) by the number in box c above. How do i file my 2011 taxes now Enter the result here. How do i file my 2011 taxes now 5b. How do i file my 2011 taxes now     c. How do i file my 2011 taxes now Add lines 5a and 5b. How do i file my 2011 taxes now This is your standard deduction for 2013. How do i file my 2011 taxes now 5c. How do i file my 2011 taxes now     Earned income includes wages, salaries, tips, professional fees, and other compensation received for personal services you performed. How do i file my 2011 taxes now It also includes any amount received as a scholarship that you must include in income. How do i file my 2011 taxes now   Example 1. How do i file my 2011 taxes now Michael is single, age 15, and not blind. How do i file my 2011 taxes now His parents can claim him as a dependent on their tax return. How do i file my 2011 taxes now He has taxable interest income of $800 and wages of $150. How do i file my 2011 taxes now He enters $500 (his earned income plus $350) on line 1 of Worksheet 1. How do i file my 2011 taxes now On line 3, he enters $1,000, the larger of $500 or $1,000. How do i file my 2011 taxes now Michael enters $6,100 on line 4. How do i file my 2011 taxes now On line 5a, he enters $1,000, the smaller of $1,000 or $6,100. How do i file my 2011 taxes now His standard deduction is $1,000. How do i file my 2011 taxes now Example 2. How do i file my 2011 taxes now Judy, a full-time student, is single, age 22, and not blind. How do i file my 2011 taxes now Her parents can claim her as a dependent on their tax return. How do i file my 2011 taxes now She has dividend income of $275 and wages of $2,500. How do i file my 2011 taxes now She enters $2,850 (her earned income plus $350) on line 1 of Worksheet 1. How do i file my 2011 taxes now On line 3, she enters $2,850, the larger of $2,850 or $1,000. How do i file my 2011 taxes now She enters $6,100 on line 4. How do i file my 2011 taxes now On line 5a, she enters $2,850 (the smaller of $2,850 or $6,100) as her standard deduction. How do i file my 2011 taxes now Example 3. How do i file my 2011 taxes now Amy, who is single, is claimed as a dependent on her parents' tax return. How do i file my 2011 taxes now She is 18 years old and blind. How do i file my 2011 taxes now She has taxable interest income of $1,000 and wages of $2,000. How do i file my 2011 taxes now She enters $2,350 (her earned income plus $350) on line 1 of Worksheet 1. How do i file my 2011 taxes now She enters $2,350 (the larger of $2,350 or $1,000) on line 3, $6,100 on line 4, and $2,350 (the smaller of $2,350 or $6,100) on line 5a. How do i file my 2011 taxes now Because Amy is blind, she checks the box for blindness and enters “1” in box c at the top of Worksheet 1. How do i file my 2011 taxes now She enters $1,500 (the number in box c times $1,500) on line 5b. How do i file my 2011 taxes now Her standard deduction on line 5c is $3,850 ($2,350 + $1,500). How do i file my 2011 taxes now Standard Deduction of Zero The standard deduction for the following dependents is zero. How do i file my 2011 taxes now A married dependent filing a separate return whose spouse itemizes deductions. How do i file my 2011 taxes now A dependent who files a return for a period of less than 12 months due to a change in his or her annual accounting period. How do i file my 2011 taxes now A nonresident or dual-status alien dependent, unless the dependent is married to a U. How do i file my 2011 taxes now S. How do i file my 2011 taxes now citizen or resident alien at the end of the year and chooses to be treated as a U. How do i file my 2011 taxes now S. How do i file my 2011 taxes now resident for the year. How do i file my 2011 taxes now See Publication 519, U. How do i file my 2011 taxes now S. How do i file my 2011 taxes now Tax Guide for Aliens, for information on making this choice. How do i file my 2011 taxes now Example. How do i file my 2011 taxes now Jennifer, who is a dependent of her parents, is entitled to file a joint return with her husband. How do i file my 2011 taxes now However, her husband elects to file a separate return and itemize his deductions. How do i file my 2011 taxes now Because he itemizes, Jennifer's standard deduction on her return is zero. How do i file my 2011 taxes now She can, however, itemize any of her allowable deductions. How do i file my 2011 taxes now Dependent's Own Exemption A person who can be claimed as a dependent on another taxpayer's return cannot claim his or her own exemption. How do i file my 2011 taxes now This is true even if the other taxpayer does not actually claim the exemption. How do i file my 2011 taxes now Example. How do i file my 2011 taxes now James and Barbara can claim their child, Ben, as a dependent on their return. How do i file my 2011 taxes now Ben is a college student who works during the summer and must file a tax return. How do i file my 2011 taxes now Ben cannot claim his own exemption on his return. How do i file my 2011 taxes now This is true even if James and Barbara do not claim him as a dependent on their return. How do i file my 2011 taxes now Withholding From Wages Employers generally withhold federal income tax, social security tax, and Medicare tax from an employee's wages. How do i file my 2011 taxes now If the employee claims exemption from withholding on Form W-4, the employer will not withhold federal income tax. How do i file my 2011 taxes now The exemption from withholding does not apply to social security and Medicare taxes. How do i file my 2011 taxes now Conditions for exemption from withholding. How do i file my 2011 taxes now   An employee can claim exemption from withholding for 2014 only if he or she meets both of the following conditions. How do i file my 2011 taxes now For 2013, the employee had a right to a refund of all federal income tax withheld because he or she had no tax liability. How do i file my 2011 taxes now For 2014, the employee expects a refund of all federal income tax withheld because he or she expects to have no tax liability. How do i file my 2011 taxes now Dependents. How do i file my 2011 taxes now   An employee who is a dependent ordinarily cannot claim exemption from withholding if both of the following are true. How do i file my 2011 taxes now The employee's gross income will be more than $1,000, the minimum standard deduction for 2014. How do i file my 2011 taxes now The employee's unearned income will be more than $350. How do i file my 2011 taxes now Exceptions. How do i file my 2011 taxes now   An employee may be able to claim exemption from withholding even if the employee is a dependent, if the employee: Is age 65 or older, Is blind, or Will claim on his or her 2014 tax return: Adjustments to income, Tax credits, or Itemized deductions. How do i file my 2011 taxes now The above exceptions do not apply to supplemental wages greater than $1,000,000. How do i file my 2011 taxes now For more information, see Exemption From Withholding in chapter 1 of Publication 505. How do i file my 2011 taxes now Example. How do i file my 2011 taxes now Guy is 17 and a student. How do i file my 2011 taxes now During the summer he works part time at a grocery store. How do i file my 2011 taxes now He expects to earn about $1,200 this year. How do i file my 2011 taxes now He also worked at the store last summer and received a refund of all his withheld income tax because he did not have a tax liability. How do i file my 2011 taxes now The only other income he expects during the year is $375 interest on a savings account. How do i file my 2011 taxes now He expects that his parents will be able to claim him as a dependent on their tax return. How do i file my 2011 taxes now He is not blind and will not claim adjustments to income, itemized deductions, a higher standard deduction, or tax credits on his return. How do i file my 2011 taxes now Guy cannot claim exemption from withholding when he fills out Form W-4 because his parents will be able to claim him as a dependent, his gross income will be more than $1,000 (the minimum standard deduction amount) and his unearned income will be more than $350. How do i file my 2011 taxes now Claiming exemption from withholding. How do i file my 2011 taxes now    To claim exemption from withholding, an employee must enter “Exempt” in the space provided on Form W-4, line 7. How do i file my 2011 taxes now The employee must complete the rest of the form, as explained in the form instructions, and give it to his or her employer. How do i file my 2011 taxes now Renewing an exemption from withholding. How do i file my 2011 taxes now   An exemption from withholding is good for only one year. How do i file my 2011 taxes now An employee must file a new Form W-4 by February 15 each year to continue the exemption. How do i file my 2011 taxes now Part 2. How do i file my 2011 taxes now Tax on Unearned Income of Certain Children The two rules that follow may affect the tax on the unearned income of certain children. How do i file my 2011 taxes now If the child's interest and dividend income (including capital gain distributions) total less than $10,000, the child's parent may be able to choose to include that income on the parent's return rather than file a return for the child. How do i file my 2011 taxes now (See Parent's Election To Report Child's Interest and Dividends , later. How do i file my 2011 taxes now ) If the child's interest, dividends, and other unearned income total more than $2,000, part of that income may be taxed at the parent's tax rate instead of the child's tax rate. How do i file my 2011 taxes now (See Tax for Certain Children Who Have Unearned Income , later. How do i file my 2011 taxes now ) For these rules, the term “child” includes a legally adopted child and a stepchild. How do i file my 2011 taxes now These rules apply whether or not the child is a dependent. How do i file my 2011 taxes now These rules do not apply if neither of the child's parents were living at the end of the year. How do i file my 2011 taxes now Which Parent's Return To Use If a child's parents are married to each other and file a joint return, use the joint return to figure the tax on the child's unearned income. How do i file my 2011 taxes now The tax rate and other return information from that return are used to figure the child's tax as explained later under Tax for Certain Children Who Have Unearned Income . How do i file my 2011 taxes now Parents Who Do Not File a Joint Return For parents who do not file a joint return, the following discussions explain which parent's tax return must be used to figure the tax. How do i file my 2011 taxes now Only the parent whose tax return is used can make the election described under Parent's Election To Report Child's Interest and Dividends . How do i file my 2011 taxes now Parents are married. How do i file my 2011 taxes now   If the child's parents file separate returns, use the return of the parent with the greater taxable income. How do i file my 2011 taxes now Parents not living together. How do i file my 2011 taxes now   If the child's parents are married to each other but not living together, and the parent with whom the child lives (the custodial parent) is considered unmarried, use the return of the custodial parent. How do i file my 2011 taxes now If the custodial parent is not considered unmarried, use the return of the parent with the greater taxable income. How do i file my 2011 taxes now   For an explanation of when a married person living apart from his or her spouse is considered unmarried, see Head of Household in Publication 501. How do i file my 2011 taxes now Parents are divorced. How do i file my 2011 taxes now   If the child's parents are divorced or legally separated, and the parent who had custody of the child for the greater part of the year (the custodial parent) has not remarried, use the return of the custodial parent. How do i file my 2011 taxes now Custodial parent remarried. How do i file my 2011 taxes now   If the custodial parent has remarried, the stepparent (rather than the noncustodial parent) is treated as the child's other parent. How do i file my 2011 taxes now Therefore, if the custodial parent and the stepparent file a joint return, use that joint return. How do i file my 2011 taxes now Do not use the return of the noncustodial parent. How do i file my 2011 taxes now   If the custodial parent and the stepparent are married, but file separate returns, use the return of the one with the greater taxable income. How do i file my 2011 taxes now If the custodial parent and the stepparent are married but not living together, the earlier discussion under Parents not living together applies. How do i file my 2011 taxes now Parents never married. How do i file my 2011 taxes now   If a child's parents have never been married to each other, but lived together all year, use the return of the parent with the greater taxable income. How do i file my 2011 taxes now If the parents did not live together all year, the rules explained earlier under Parents are divorced apply. How do i file my 2011 taxes now Widowed parent remarried. How do i file my 2011 taxes now   If a widow or widower remarries, the new spouse is treated as the child's other parent. How do i file my 2011 taxes now The rules explained earlier under Custodial parent remarried apply. How do i file my 2011 taxes now Parent's Election To Report Child's Interest and Dividends You may be able to elect to include your child's interest and dividend income (including capital gain distributions) on your tax return. How do i file my 2011 taxes now If you do, your child will not have to file a return. How do i file my 2011 taxes now You can make this election only if all the following conditions are met. How do i file my 2011 taxes now Your child was under age 19 (or under age 24 if a full-time student) at the end of the year. How do i file my 2011 taxes now Your child had income only from interest and dividends (including capital gain distributions and Alaska Permanent Fund dividends). How do i file my 2011 taxes now The child's gross income was less than $10,000. How do i file my 2011 taxes now The child is required to file a return unless you make this election. How do i file my 2011 taxes now The child does not file a joint return for the year. How do i file my 2011 taxes now No estimated tax payment was made for the year, and no overpayment from the previous year (or from any amended return) was applied to this year under your child's name and social security number. How do i file my 2011 taxes now No federal income tax was withheld from your child's income under the backup withholding rules. How do i file my 2011 taxes now You are the parent whose return must be used when applying the special tax rules for children. How do i file my 2011 taxes now (See Which Parent's Return To Use , earlier. How do i file my 2011 taxes now ) These conditions are also shown in Figure 1. How do i file my 2011 taxes now Certain January 1 birthdays. How do i file my 2011 taxes now   A child born on January 1, 1995, is considered to be age 19 at the end of 2013. How do i file my 2011 taxes now You cannot make this election for such a child unless the child was a full-time student. How do i file my 2011 taxes now   A child born on January 1, 1990, is considered to be age 24 at the end of 2013. How do i file my 2011 taxes now You cannot make this election for such a child. How do i file my 2011 taxes now How to make the election. How do i file my 2011 taxes now    Make the election by attaching Form 8814 to your Form 1040 or Form 1040NR. How do i file my 2011 taxes now (If you make this election, you cannot file Form 1040A or Form 1040EZ. How do i file my 2011 taxes now ) Attach a separate Form 8814 for each child for whom you make the election. How do i file my 2011 taxes now You can make the election for one or more children and not for others. How do i file my 2011 taxes now Effect of Making the Election The federal income tax on your child's income may be more if you make the Form 8814 election. How do i file my 2011 taxes now Rate may be higher. How do i file my 2011 taxes now   If your child received qualified dividends or capital gain distributions, you may pay up to $100 more tax if you make this election instead of filing a separate tax return for the child. How do i file my 2011 taxes now This is because the tax rate on the child's income between $1,000 and $2,000 is 10% if you make this election. How do i file my 2011 taxes now However, if you file a separate return for the child, the tax rate may be as low as 0% (zero percent) because of the preferential tax rates for qualified dividends and capital gain distributions. How do i file my 2011 taxes now Deductions you cannot take. How do i file my 2011 taxes now   By making the Form 8814 election, you cannot take any of the following deductions that the child would be entitled to on his or her return. How do i file my 2011 taxes now The additional standard deduction if the child is blind. How do i file my 2011 taxes now The deduction for a penalty on an early withdrawal of your child's savings. How do i file my 2011 taxes now Itemized deductions (such as your child's investment expenses or charitable contributions). How do i file my 2011 taxes now Figure 1. How do i file my 2011 taxes now Can You Include Your Child's Income On Your Tax Return? Please click here for the text description of the image. How do i file my 2011 taxes now Figure 1. How do i file my 2011 taxes now Can You Include Your Child's Income On Your Tax Return? Deductible investment interest. How do i file my 2011 taxes now   If you use Form 8814, your child's unearned income is considered your unearned income. How do i file my 2011 taxes now To figure the limit on your deductible investment interest, add the child's unearned income to yours. How do i file my 2011 taxes now However, if your child received qualified dividends, capital gain distributions, or Alaska Permanent Fund dividends, see chapter 3 of Publication 550 for information about how to figure the limit. How do i file my 2011 taxes now Alternative minimum tax. How do i file my 2011 taxes now    If your child received tax-exempt interest (or exempt-interest dividends paid by a regulated investment company) from certain private activity bonds, you must determine if that interest is a tax preference item for alternative minimum tax (AMT) purposes. How do i file my 2011 taxes now If it is, you must include it with your own tax preference items when figuring your AMT. How do i file my 2011 taxes now See Form 6251, Alternative Minimum Tax—Individuals, and its instructions for details. How do i file my 2011 taxes now Reduced deductions or credits. How do i file my 2011 taxes now   If you use Form 8814, your increased adjusted gross income may reduce certain deductions or credits on your return, including the following. How do i file my 2011 taxes now Deduction for contributions to a traditional individual retirement arrangement (IRA). How do i file my 2011 taxes now Deduction for student loan interest. How do i file my 2011 taxes now Itemized deductions for medical expenses, casualty and theft losses, and certain miscellaneous expenses. How do i file my 2011 taxes now Credit for child and dependent care expenses. How do i file my 2011 taxes now Child tax credit. How do i file my 2011 taxes now Education tax credits. How do i file my 2011 taxes now Earned income credit. How do i file my 2011 taxes now Penalty for underpayment of estimated tax. How do i file my 2011 taxes now   If you make this election for 2013 and did not have enough tax withheld or pay enough estimated tax to cover the tax you owe, you may be subject to a penalty. How do i file my 2011 taxes now If you plan to make this election for 2014, you may need to increase your federal income tax withholding or your estimated tax payments to avoid the penalty. How do i file my 2011 taxes now Get Publication 505 for more information. How do i file my 2011 taxes now Figuring Child's Income Use Form 8814, Part I, to figure your child's interest and dividend income to report on your return. How do i file my 2011 taxes now Only the amount over $2,000 is added to your income. How do i file my 2011 taxes now The amount over $2,000 is shown on Form 8814, line 6. How do i file my 2011 taxes now Unless the child's income includes qualified dividends or capital gain distributions (discussed next), the same amount is shown on Form 8814, line 12. How do i file my 2011 taxes now Include the amount from Form 8814, line 12, on Form 1040 or Form 1040NR, line 21. How do i file my 2011 taxes now If you file more than one Form 8814, include the total amounts from line 12 of all your Forms 8814 on Form 1040 or Form 1040NR, line 21. How do i file my 2011 taxes now On the dotted line next to line 21, enter “Form 8814” and the total of the Form 8814, line 12 amounts. How do i file my 2011 taxes now Note. How do i file my 2011 taxes now The tax on the first $2,000 is figured on Form 8814, Part II. How do i file my 2011 taxes now See Figuring Additional Tax , later. How do i file my 2011 taxes now Qualified dividends. How do i file my 2011 taxes now   Enter on Form 8814, line 2a, any ordinary dividends your child received. How do i file my 2011 taxes now This amount may include qualified dividends. How do i file my 2011 taxes now Qualified dividends are those dividends reported on Form 1040, line 9b, or Form 1040NR, line 10b, and are eligible for lower tax rates that apply to a net capital gain. How do i file my 2011 taxes now For detailed information about qualified dividends, see Publication 550. How do i file my 2011 taxes now   If your child received qualified dividends, the amount of these dividends that is added to your income must be reported on Form 1040, lines 9a and 9b, or Form 1040NR, lines 10a and 10b. How do i file my 2011 taxes now You do not include these dividends on Form 8814, line 12, or on line 21 of Form 1040 or Form 1040NR. How do i file my 2011 taxes now   Enter the child's qualified dividends on Form 8814, line 2b. How do i file my 2011 taxes now But do not include this amount on Form 1040, lines 9a and 9b, or Form 1040NR, lines 10a and 10b. How do i file my 2011 taxes now Instead, include the amount from Form 8814, line 9, on Form 1040, lines 9a and 9b, or Form 1040NR, lines 10a and 10b. How do i file my 2011 taxes now (The amount on Form 8814, line 9, may be less than the amount on Form 8814, line 2b, because lines 7 through 12 of the form divide the $2,000 base amount on Form 8814, line 5, between the child's qualified dividends, capital gain distributions, and other interest and dividend income, reducing each of those amounts. How do i file my 2011 taxes now ) Capital gain distributions. How do i file my 2011 taxes now   Enter on Form 8814, line 3, any capital gain distributions your child received. How do i file my 2011 taxes now The amount of these distributions that is added to your income must be reported on Schedule D (Form 1040), line 13, or, if you are not required to file Schedule D, on Form 1040, line 13, or Form 1040NR, line 14. How do i file my 2011 taxes now You do not include it on Form 8814, line 12, or on line 21 of Form 1040 or Form 1040NR. How do i file my 2011 taxes now   Include the amount from Form 8814, line 10, on Schedule D, line 13; Form 1040, line 13; or Form 1040NR, line 14, whichever applies. How do i file my 2011 taxes now (The amount on Form 8814, line 10, may be less than the amount on Form 8814, line 3, because lines 7 through 12 of the form divide the $2,000 base amount on Form 8814, line 5, between the child's qualified dividends, capital gain distributions, and other interest and dividend income, reducing each of those amounts. How do i file my 2011 taxes now ) Collectibles (28% rate) gain. How do i file my 2011 taxes now    If any of the child's capital gain distributions are reported on Form 1099-DIV as collectibles (28% rate) gain, you must determine how much to also include on line 4 of the 28% Rate Gain Worksheet, in the instructions for Schedule D, line 18. How do i file my 2011 taxes now Multiply the child's capital gain distribution included on Schedule D, line 13, by a fraction. How do i file my 2011 taxes now The numerator is the part of the child's total capital gain distribution that is collectibles (28% rate) gain. How do i file my 2011 taxes now The denominator is the child's total capital gain distribution. How do i file my 2011 taxes now Enter the result on line 4 of the 28% Rate Gain Worksheet. How do i file my 2011 taxes now Unrecaptured section 1250 gain. How do i file my 2011 taxes now   If any of the child's capital gain distributions are reported on Form 1099-DIV as unrecaptured section 1250 gain, you must determine how much to include on line 11 of the Unrecaptured Section 1250 Gain Worksheet in the instructions for Schedule D, line 19. How do i file my 2011 taxes now Multiply the child's capital gain distribution included on Schedule D, line 13, by a fraction. How do i file my 2011 taxes now The numerator is the part of the child's total capital gain distribution that is unrecaptured section 1250 gain. How do i file my 2011 taxes now The denominator is the child's total capital gain distribution. How do i file my 2011 taxes now Enter the result on the Unrecaptured Section 1250 Gain Worksheet, line 11. How do i file my 2011 taxes now Section 1202 gain. How do i file my 2011 taxes now   If any of the child's capital gain distributions are reported as section 1202 gain (gain on qualified small business stock) on Form 1099-DIV, part or all of that gain may be eligible for the section 1202 exclusion. How do i file my 2011 taxes now (For information about the exclusion, see chapter 4 of Publication 550. How do i file my 2011 taxes now ) To figure that part, multiply the child's capital gain distribution included on Schedule D, line 13, by a fraction. How do i file my 2011 taxes now The numerator is the part of the child's total capital gain distribution that is section 1202 gain. How do i file my 2011 taxes now The denominator is the child's total capital gain distribution. How do i file my 2011 taxes now Your section 1202 exclusion is generally 50% of the result, but may be subject to a limit. How do i file my 2011 taxes now In some cases, the exclusion is more than 50%. How do i file my 2011 taxes now See the instructions for Schedule D for details and information on how to report the exclusion amount. How do i file my 2011 taxes now Example. How do i file my 2011 taxes now Fred is 6 years old. How do i file my 2011 taxes now In 2013, he received dividend income of $2,100, which included $1,575 of ordinary dividends and a $525 capital gain distribution from a mutual fund. How do i file my 2011 taxes now (None of the distributions were reported on Form 1099-DIV as unrecaptured section 1250 gain, section 1202 gain, or collectibles (28% rate) gain. How do i file my 2011 taxes now ) All of the ordinary dividends are qualified dividends. How do i file my 2011 taxes now He has no other income and is not subject to backup withholding. How do i file my 2011 taxes now No estimated tax payments were made under his name and social security number. How do i file my 2011 taxes now Fred's parents elect to include Fred's income on their tax return instead of filing a return for him. How do i file my 2011 taxes now They figure the amount to report on Form 1040, lines 9a and 9b, the amount to report on their Schedule D, line 13, and the amount to report on Form 1040, line 21, as follows. How do i file my 2011 taxes now They leave lines 1a and 1b of Form 8814 blank because Fred does not have any interest income. How do i file my 2011 taxes now They enter his ordinary dividends of $1,575 on lines 2a and 2b because all of Fred's ordinary dividends are qualified dividends. How do i file my 2011 taxes now They enter the amount of Fred's capital gain distributions, $525, on line 3. How do i file my 2011 taxes now Next, they add the amounts on lines 1a, 2a, and 3 and enter the result, $2,100, on line 4. How do i file my 2011 taxes now They subtract the base amount on line 5, $2,000, from the amount on line 4, $2,100, and enter the result, $100, on line 6. How do i file my 2011 taxes now This is the total amount from Form 8814 to be reported on their return. How do i file my 2011 taxes now Next, they figure how much of this amount is qualified dividends and how much is capital gain distributions. How do i file my 2011 taxes now They divide the amount on line 2b, $1,575, by the amount on line 4, $2,100. How do i file my 2011 taxes now They enter the result, . How do i file my 2011 taxes now 75, on line 7. How do i file my 2011 taxes now They divide the amount on line 3, $525, by the amount on line 4, $2,100. How do i file my 2011 taxes now They enter the result, . How do i file my 2011 taxes now 25, on line 8. How do i file my 2011 taxes now They multiply the amount on line 6, $100, by the decimal on line 7, . How do i file my 2011 taxes now 75, and enter the result, $75, on line 9. How do i file my 2011 taxes now They multiply the amount on line 6, $100, by the decimal on line 8, . How do i file my 2011 taxes now 25, and enter the result, $25, on line 10. How do i file my 2011 taxes now They include the amount from line 9, $75, on lines 9a and 9b of their Form 1040 and enter “Form 8814 – $75” on the dotted lines next to lines 9a and 9b. How do i file my 2011 taxes now They include the amount from line 10, $25, on line 13 of their Schedule D (Form 1040) and enter “Form 8814 – $25” on the dotted line next to Schedule D, line 13. How do i file my 2011 taxes now They enter $100 ($75 + $25) on line 11 and -0- ($100 – $100) on line 12. How do i file my 2011 taxes now Because the amount on line 12 is -0-, they do not include any amount from Form 8814 on their Form 1040, line 21. How do i file my 2011 taxes now Figuring Additional Tax Use Form 8814, Part II, to figure the tax on the $2,000 of your child's interest and dividends that you do not include in your income. How do i file my 2011 taxes now This tax is added to the tax figured on your income. How do i file my 2011 taxes now This additional tax is the smaller of: 10% x (your child's gross income − $1,000), or $100. How do i file my 2011 taxes now Include the amount from line 15 of all your Forms 8814 in the total on Form 1040, line 44, or Form 1040NR, line 42. How do i file my 2011 taxes now Check box a on Form 1040, line 44, or Form 1040NR, line 42. How do i file my 2011 taxes now Tax for Certain Children Who Have Unearned Income If a child's interest, dividends, and other unearned income total more than $2,000, part of that income may be taxed at the parent's tax rate instead of the child's tax rate. How do i file my 2011 taxes now If the parent does not or cannot choose to include the child's income on the parent's return, use Form 8615 to figure the child's tax. How do i file my 2011 taxes now Attach the completed form to the child's Form 1040, Form 1040A, or Form 1040NR. How do i file my 2011 taxes now When Form 8615 must be filed. How do i file my 2011 taxes now   Form 8615 must be filed for a child if all of the following statements are true. How do i file my 2011 taxes now The child's unearned income was more than $2,000. How do i file my 2011 taxes now The child is required to file a return for 2013. How do i file my 2011 taxes now The child either: Was under age 18 at the end of the year, Was age 18 at the end of the year and did not have earned income that was more than half of his or her support, or Was over age 18 and under age 24 at the end of the year, was a full-time student, and did not have earned income that was more than half of his or her support. How do i file my 2011 taxes now At least one of the child's parents was alive at the end of 2013. How do i file my 2011 taxes now The child does not file a joint return for 2013. How do i file my 2011 taxes now These conditions are also shown in Figure 2. How do i file my 2011 taxes now Certain January 1 birthdays. How do i file my 2011 taxes now   Use the following chart to determine whether certain children with January 1 birthdays meet condition 3 under When Form 8615 must be filed. How do i file my 2011 taxes now IF a child was born on. How do i file my 2011 taxes now . How do i file my 2011 taxes now . How do i file my 2011 taxes now THEN, at the end of 2013, the child is considered to be. How do i file my 2011 taxes now . How do i file my 2011 taxes now . How do i file my 2011 taxes now January 1, 1996 18* January 1, 1995 19** January 1, 1990 24*** *This child is not under age 18. How do i file my 2011 taxes now The child meets condition 3 only if the child did not have earned income that was more than half of the child's support. How do i file my 2011 taxes now  **This child meets condition 3 only if the child was a full-time student who did not have earned income that was more than half of the child's support. How do i file my 2011 taxes now  ***Do not use Form 8615 for this child. How do i file my 2011 taxes now Figure 2. How do i file my 2011 taxes now Do You Have To Use Form 8615 To Figure Your Child's Tax? Please click here for the text description of the image. How do i file my 2011 taxes now Figure 2. How do i file my 2011 taxes now Do You Have To Use Form 8615 To Figure Your Child's Tax? Providing Parental Information (Form 8615, Lines A–C) On Form 8615, lines A and B, enter the parent's name and social security number. How do i file my 2011 taxes now (If the parents filed a joint return, enter the name and social security number listed first on the joint return. How do i file my 2011 taxes now ) On line C, check the box for the parent's filing status. How do i file my 2011 taxes now See Which Parent's Return To Use, earlier, for information on which parent's return information must be used on Form 8615. How do i file my 2011 taxes now Parent with different tax year. How do i file my 2011 taxes now   If the parent and the child do not have the same tax year, complete Form 8615 using the information on the parent's return for the tax year that ends in the child's tax year. How do i file my 2011 taxes now Example. How do i file my 2011 taxes now Kimberly must use her mother's tax and taxable income to complete her Form 8615 for calendar year 2013 (January 1 – December 31). How do i file my 2011 taxes now Kimberly's mother files her tax return on a fiscal year basis (July 1 – June 30). How do i file my 2011 taxes now Kimberly must use the information on her mother's return for the tax year ending June 30, 2013, to complete her 2013 Form 8615. How do i file my 2011 taxes now Parent's return information not known timely. How do i file my 2011 taxes now   If the information needed from the parent's return is not known by the time the child's return is due (usually April 15), you can file the return using estimates. How do i file my 2011 taxes now   You can use any reasonable estimate. How do i file my 2011 taxes now This includes using information from last year's return. How do i file my 2011 taxes now If you use an estimated amount on Form 8615, enter “Estimated” on the line next to the amount. How do i file my 2011 taxes now   When you get the correct information, file an amended return on Form 1040X, Amended U. How do i file my 2011 taxes now S. How do i file my 2011 taxes now Individual Income Tax Return. How do i file my 2011 taxes now Extension of time to file. How do i file my 2011 taxes now   Instead of using estimates, you can get an automatic 6-month extension of time to file if, by the date your return is due, you file Form 4868, Application for Automatic Extension of Time To File U. How do i file my 2011 taxes now S. How do i file my 2011 taxes now Individual Income Tax Return. How do i file my 2011 taxes now See the instructions for Form 4868 for details. How do i file my 2011 taxes now    An extension of time to file is not an extension of time to pay. How do i file my 2011 taxes now You must make an accurate estimate of the tax for 2013. How do i file my 2011 taxes now If you do not pay the full amount due by the regular due date, the child will owe interest and may also be charged penalties. How do i file my 2011 taxes now See Form 4868 and its instructions. How do i file my 2011 taxes now Parent's return information not available. How do i file my 2011 taxes now   If a child cannot get the required information about his or her parent's tax return, the child (or the child's legal representative) can request the necessary information from the Internal Revenue Service (IRS). How do i file my 2011 taxes now How to request. How do i file my 2011 taxes now   After the end of the tax year, send a signed, written request for the information to the Internal Revenue Service Center where the parent's return will be filed. How do i file my 2011 taxes now (The IRS cannot process a request received before the end of the tax year. How do i file my 2011 taxes now )    You should also consider getting an extension of time to file the child's return, because there may be a delay in getting the requested information. How do i file my 2011 taxes now   The request must contain all of the following. How do i file my 2011 taxes now A statement that you are making the request to comply with section 1(g) of the Internal Revenue Code and that you have tried to get the information from the parent. How do i file my 2011 taxes now Proof of the child's age (for example, a copy of the child's birth certificate). How do i file my 2011 taxes now Evidence the child has more than $2,000 of unearned income (for example, a copy of the child's prior year tax return or copies of Forms 1099 for the current year). How do i file my 2011 taxes now The name, address, social security number (if known), and filing status (if known) of the parent whose information is to be shown on Form 8615. How do i file my 2011 taxes now    A child's legal representative making the request should include a copy of his or her Power of Attorney, such as Form 2848, or proof of legal guardianship. How do i file my 2011 taxes now Step 1. How do i file my 2011 taxes now Figuring the Child's Net Unearned Income (Form 8615, Part I) The first step in figuring a child's tax using Form 8615 is to figure the child's net unearned income. How do i file my 2011 taxes now To do that, use Form 8615, Part I. How do i file my 2011 taxes now Line 1 (Unearned Income) If the child had no earned income, enter on this line the adjusted gross income shown on the child's return. How do i file my 2011 taxes now Adjusted gross income is shown on Form 1040, line 38; Form 1040A, line 22; or Form 1040NR, line 37. How do i file my 2011 taxes now Form 1040EZ and Form 1040NR-EZ cannot be used if Form 8615 must be filed. How do i file my 2011 taxes now If the child had earned income, figure the amount to enter on Form 8615, line 1, by using the worksheet in the instructions for the form. How do i file my 2011 taxes now However, use the following worksheet if: the child has excluded any foreign earned income, deducted a loss from self-employment, or has a net operating loss from another year. How do i file my 2011 taxes now Alternate Worksheet for Form 8615, Line 1 A. How do i file my 2011 taxes now Enter the amount from the child's Form 1040, line 22, or Form 1040NR, line 23   B. How do i file my 2011 taxes now Enter the total of any net loss  from self-employment, any net operating loss deduction, any foreign earned income exclusion, and any foreign housing exclusion from the child's Form 1040 or Form 1040NR. How do i file my 2011 taxes now Enter this total as a positive number (greater than zero)   C. How do i file my 2011 taxes now Add line A and line B and  enter the total   D. How do i file my 2011 taxes now Enter the child's earned income plus any amount from the child's Form 1040, line 30, or the child's Form 1040NR, line 30     Generally, the child's earned income is the total of the amounts reported on Form 1040, lines 7, 12, and 18 (if line 12 or 18 is a loss, use zero) or Form 1040NR, lines 8, 13, and 19 (if line 13 or 19 is a loss, use zero)   E. How do i file my 2011 taxes now Subtract line D from line C. How do i file my 2011 taxes now Enter the result here and on Form 8615, line 1   Unearned income defined. How do i file my 2011 taxes now   Unearned income is generally all income other than salaries, wages, and other amounts received as pay for work actually performed. How do i file my 2011 taxes now It includes taxable interest, dividends, capital gains (including capital gain distributions), the taxable part of social security and pension payments, certain distributions from trusts, and unemployment compensation. How do i file my 2011 taxes now Unearned income includes amounts produced by assets the child obtained with earned income (such as interest on a savings account into which the child deposited wages). How do i file my 2011 taxes now Nontaxable income. How do i file my 2011 taxes now   For this purpose, unearned income includes only amounts the child must include in gross income. How do i file my 2011 taxes now Nontaxable unearned income, such as tax-exempt interest and the nontaxable part of social security and pension payments, is not included. How do i file my 2011 taxes now Capital loss. How do i file my 2011 taxes now   A child's capital losses are taken into account in figuring the child's unearned income. How do i file my 2011 taxes now Capital losses are first applied against capital gains. How do i file my 2011 taxes now If the capital losses are more than the capital gains, the difference (up to $3,000) is subtracted from the child's interest, dividends, and other unearned income. How do i file my 2011 taxes now Any difference over $3,000 is carried to the next year. How do i file my 2011 taxes now Income from property received as a gift. How do i file my 2011 taxes now   A child's unearned income includes all income produced by property belonging to the child. How do i file my 2011 taxes now This is true even if the property was transferred to the child, regardless of when the property was transferred or purchased or who transferred it. How do i file my 2011 taxes now   A child's unearned income includes income produced by property given as a gift to the child. How do i file my 2011 taxes now This includes gifts to the child from grandparents or any other person and gifts made under the Uniform Gift to Minors Act. How do i file my 2011 taxes now Example. How do i file my 2011 taxes now Amanda Black, age 13, received the following income. How do i file my 2011 taxes now Dividends—$800 Wages—$2,100 Taxable interest—$1,200 Tax-exempt interest—$100 Capital gains—$300 Capital losses—($200) The dividends were qualified dividends on stock given to her by her grandparents. How do i file my 2011 taxes now Amanda's unearned income is $2,100. How do i file my 2011 taxes now This is the total of the dividends ($800), taxable interest ($1,200), and capital gains reduced by capital losses ($300 − $200 = $100). How do i file my 2011 taxes now Her wages are earned (not unearned) income because they are received for work actually performed. How do i file my 2011 taxes now Her tax-exempt interest is not included because it is nontaxable. How do i file my 2011 taxes now Trust income. How do i file my 2011 taxes now   If a child is the beneficiary of a trust, distributions of taxable interest, dividends, capital gains, and other unearned income from the trust are unearned income to the child. How do i file my 2011 taxes now   However, taxable distributions from a qualified disability trust are considered earned income for the purposes of completing Form 8615. How do i file my 2011 taxes now See the Form 8615 instructions for details. How do i file my 2011 taxes now Adjustment to income. How do i file my 2011 taxes now   In figuring the amount to enter on line 1, the child's unearned income is reduced by any penalty on the early withdrawal of savings. How do i file my 2011 taxes now Line 2 (Deductions) If the child does not itemize deductions on Schedule A (Form 1040 or Form 1040NR), enter $2,000 on line 2. How do i file my 2011 taxes now If the child itemizes deductions, enter on line 2 the larger of: $1,000 plus the portion of the child's itemized deductions on Schedule A (Form 1040), line 29 (or Schedule A (Form 1040NR), line 15), that are directly connected with the production of the unearned income entered on line 1, or $2,000. How do i file my 2011 taxes now Directly connected. How do i file my 2011 taxes now   Itemized deductions are directly connected with the production of unearned income if they are for expenses paid to produce or collect taxable income or to manage, conserve, or maintain property held for producing income. How do i file my 2011 taxes now These expenses include custodian fees and service charges, service fees to collect taxable interest and dividends, and certain investment counsel fees. How do i file my 2011 taxes now    These expenses are added to certain other miscellaneous itemized deductions on Schedule A (Form 1040). How do i file my 2011 taxes now Only the amount greater than 2% of the child's adjusted gross income can be deducted. How do i file my 2011 taxes now See Publication 529, Miscellaneous Deductions, for more information. How do i file my 2011 taxes now Example 1. How do i file my 2011 taxes now Roger, age 12, has unearned income of $8,000, no other income, no adjustments to income, and itemized deductions of $300 (net of the 2%-of-adjusted-gross-income limit) that are directly connected with his unearned income. How do i file my 2011 taxes now His adjusted gross income is $8,000, which is entered on Form 1040, line 38, and on Form 8615, line 1. How do i file my 2011 taxes now Roger enters $2,000 on line 2 because that is more than the total of $1,000 plus his directly-connected itemized deductions of $300. How do i file my 2011 taxes now Example 2. How do i file my 2011 taxes now Eleanor, age 8, has unearned income of $16,000 and an early withdrawal penalty of $100. How do i file my 2011 taxes now She has no other income. How do i file my 2011 taxes now She has itemized deductions of $1,050 (net of the 2%-of-adjusted-gross-income limit) that are directly connected with the production of her unearned income. How do i file my 2011 taxes now Her adjusted gross income, entered on line 1, is $15,900 ($16,000 − $100). How do i file my 2011 taxes now The amount on line 2 is $2,050. How do i file my 2011 taxes now This is the larger of: $1,000 plus the $1,050 of directly connected itemized deductions, or $2,000. How do i file my 2011 taxes now Line 3 Subtract line 2 from line 1 and enter the result on this line. How do i file my 2011 taxes now If zero or less, do not complete the rest of the form. How do i file my 2011 taxes now However, you must still attach Form 8615 to the child's tax return. How do i file my 2011 taxes now Figure the tax on the child's taxable income in the normal manner. How do i file my 2011 taxes now Line 4 (Child's Taxable Income) Enter on line 4 the child's taxable income from Form 1040, line 43; Form 1040A, line 27; or Form 1040NR, line 41. How do i file my 2011 taxes now Child files Form 2555 or 2555-EZ. How do i file my 2011 taxes now   If the child files Form 2555 or 2555-EZ to claim the foreign earned income exclusion, housing exclusion, or housing deduction, the Foreign Earned Income Tax Worksheet (in the Form 1040 instructions) is used to figure the child's tax. How do i file my 2011 taxes now Enter the amount from line 3 of the Foreign Earned Income Tax Worksheet as the child's taxable income on Form 8615, line 4. How do i file my 2011 taxes now Line 5 (Net Unearned Income) A child's net unearned income cannot be more than his or her taxable income. How do i file my 2011 taxes now Enter on Form 8615, line 5, the smaller of line 3 or line 4. How do i file my 2011 taxes now This is the child's net unearned income. How do i file my 2011 taxes now If zero or less, do not complete the rest of the form. How do i file my 2011 taxes now However, you must still attach Form 8615 to the child's tax return. How do i file my 2011 taxes now Figure the tax on the child's taxable income in the normal manner. How do i file my 2011 taxes now Step 2. How do i file my 2011 taxes now Figuring a Tentative Tax at the Parent's Tax Rate (Form 8615, Part II) The next step in completing Form 8615 is to figure a tentative tax on the child's net unearned income at the parent's tax rate. How do i file my 2011 taxes now The tentative tax at the parent's tax rate is the difference between the tax on the parent's taxable income figured with the child's net unearned income (plus the net unearned income of any other child whose Form 8615 includes the tax return information of that parent) and the tax figured without it. How do i file my 2011 taxes now When figuring the tentative tax at the parent's tax rate on Form 8615, do not refigure any of the exclusions, deductions, or credits on the parent's return because of the child's net unearned income. How do i file my 2011 taxes now For example, do not refigure the medical expense deduction. How do i file my 2011 taxes now Figure the tentative tax on Form 8615, lines 6 through 13. How do i file my 2011 taxes now Line 6 (Parent's Taxable Income) Enter on line 6 the amount from the parent's Form 1040, line 43; Form 1040A, line 27; Form 1040EZ, line 6; Form 1040NR, line 41; or Form 1040NR-EZ, line 14. How do i file my 2011 taxes now If the parent's taxable income is zero or less, enter zero on line 6. How do i file my 2011 taxes now Parent files Form 2555 or 2555-EZ. How do i file my 2011 taxes now   If the parent files Form 2555 or 2555-EZ to claim the foreign earned income exclusion, housing exclusion, or housing deduction, the Foreign Earned Income Tax Worksheet in the Form 1040 instructions is used to figure the parent's tax. How do i file my 2011 taxes now Enter the amount from line 3 of the Foreign Earned Income Tax Worksheet as the parent's taxable income, on line 6 of Form 8615. How do i file my 2011 taxes now Line 7 (Net Unearned Income of Other Children) If the tax return information of the parent is also used on any other child's Form 8615, enter on line 7 the total of the amounts from line 5 of all the other children's Forms 8615. How do i file my 2011 taxes now Do not include the amount from line 5 of the Form 8615 being completed. How do i file my 2011 taxes now (The term “other child” means any other child whose Form 8615 uses the tax information of the parent identified on Lines A and B of Form 8615. How do i file my 2011 taxes now ) Example. How do i file my 2011 taxes now Paul and Jane Persimmon have three children, Sharon, Jerry, and Mike, who must attach Form 8615 to their tax returns. How do i file my 2011 taxes now The children's net unearned income amounts on line 5 of their Forms 8615 are: Sharon—$800 Jerry—$600 Mike—$1,000 Line 7 of Sharon's Form 8615 will show $1,600, the total of the amounts on line 5 of Jerry's and Mike's Forms 8615. How do i file my 2011 taxes now Line 7 of Jerry's Form 8615 will show $1,800 ($800 + $1,000). How do i file my 2011 taxes now Line 7 of Mike's Form 8615 will show $1,400 ($800 + $600). How do i file my 2011 taxes now Other children's information not available. How do i file my 2011 taxes now   If the net unearned income of the other children is not available when the return is due, either file the return using estimates or get an extension of time to file. How do i file my 2011 taxes now Estimates and extensions are discussed earlier under Providing Parental Information (Form 8615, Lines A–C) . How do i file my 2011 taxes now Line 8 (Parent's Taxable Income Plus Children's Net Unearned Income) Enter on this line the total of lines 5, 6, and 7. How do i file my 2011 taxes now You must determine the amount of net capital gain and qualified dividends included on this line before completing Form 8615, line 9. How do i file my 2011 taxes now Net capital gain. How do i file my 2011 taxes now   Net capital gain is the smaller of the gain, if any, on Schedule D (Form 1040), line 15, or the gain, if any, on Schedule D, line 16. How do i file my 2011 taxes now If Schedule D is not required, it is the amount on Form 1040, line 13; Form 1040A, line 10; or Form 1040NR, line 14. How do i file my 2011 taxes now Qualified dividends. How do i file my 2011 taxes now   Qualified dividends are those dividends reported on line 9b of Form 1040 or Form 1040A, or line 10b of Form 1040NR. How do i file my 2011 taxes now Net capital gain and qualified dividends on line 8. How do i file my 2011 taxes now   If neither the child, nor the parent, nor any other child has net capital gain, the net capital gain on line 8 is zero. How do i file my 2011 taxes now   If neither the child, nor the parent, nor any other child has qualified dividends, the amount of qualified dividends on line 8 is zero. How do i file my 2011 taxes now   If the child, parent, or any other child has net capital gain, figure the amount of net capital gain included on line 8 by adding together the net capital gain amounts included on lines 5, 6, and 7 of Form 8615. How do i file my 2011 taxes now   If the child, parent, or any other child has qualified dividends, figure the amount of qualified dividends included on line 8 by adding together the qualified dividend amounts included on lines 5, 6, and 7. How do i file my 2011 taxes now   Use the instructions for Form 8615, line 8, including the appropriate Line 5 Worksheet, to find these amounts. How do i file my 2011 taxes now See the instructions for Form 8615 for more details. How do i file my 2011 taxes now Note. How do i file my 2011 taxes now The amount of any net capital gain or qualified dividends is not separately reported on line 8. How do i file my 2011 taxes now It is  needed, however, when figuring the tax on line 9. How do i file my 2011 taxes now Line 9 (Tax on Parent's Taxable Income Plus Children's Net Unearned Income) Figure the tax on the amount on line 8 using the Tax Table, the Tax Computation Worksheet, the Qualified Dividends and Capital Gain Tax Worksheet (in the Form 1040, 1040A, or 1040NR instructions), the Schedule D Tax Worksheet (in the Schedule D instructions), or Schedule J (Form 1040), as follows. How do i file my 2011 taxes now If line 8 does not include any net capital gain or qualified dividends, use the Tax Table or Tax Computation Worksheet to figure this tax. How do i file my 2011 taxes now But if Schedule J, Income Averaging for Farmers and Fishermen, is used to figure the tax on the parent's return, use it to figure this tax. How do i file my 2011 taxes now If line 8 includes any net capital gain or qualified dividends, use the Qualified Dividends and Capital Gain Tax Worksheet to figure this tax. How do i file my 2011 taxes now For details, see the instructions for Form 8615, line 9. How do i file my 2011 taxes now However, if the child, parent, or any other child has 28% rate gain or unrecaptured section 1250 gain, use the Schedule D Tax Worksheet. How do i file my 2011 taxes now But if Schedule J is used to figure the tax on the parent's return, use it to figure this tax. How do i file my 2011 taxes now Child files Form 2555 or 2555-EZ. How do i file my 2011 taxes now   If line 8 includes any net capital gain or qualified dividends and the child, or any other child filing Form 8615, also files Form 2555 or 2555-EZ, use Using the Schedule D Tax Worksheet for line 9 tax, next, to figure the line 9 tax. How do i file my 2011 taxes now Using the Schedule D Tax Worksheet for line 9 tax. How do i file my 2011 taxes now    Use the Schedule D Tax Worksheet (in the Schedule D instructions) to figure the line 9 tax on Form 8615 if the child, parent, or any other child has unrecaptured section 1250 gain or 28% rate gain. How do i file my 2011 taxes now If you must use the Schedule D Tax Worksheet, first complete any Schedule D and any actual Schedule D Tax Worksheet required for the child, parent, or any other child. How do i file my 2011 taxes now Then figure the line 9 tax using another Schedule D Tax Worksheet. How do i file my 2011 taxes now (Do not attach this Schedule D Tax Worksheet to the child's return. How do i file my 2011 taxes now )   Complete this Schedule D Tax Worksheet as follows. How do i file my 2011 taxes now On line 1, enter the amount from Form 8615, line 8. How do i file my 2011 taxes now On line 2, enter the qualified dividends included on Form 8615, line 8. How do i file my 2011 taxes now (See the earlier discussion for line 8. How do i file my 2011 taxes now ) On line 3, enter the total of the amounts, if any, on line 4g of all Forms 4952 filed by the child, parent, or any other child. How do i file my 2011 taxes now On line 4, enter the total of the amounts, if any, on line 4e of all Forms 4952 filed by the child, parent, or any other child. How do i file my 2011 taxes now If applicable, include instead the smaller amount entered on the dotted line next to line 4e. How do i file my 2011 taxes now On lines 5 and 6, follow the worksheet instructions. How do i file my 2011 taxes now On line 7, enter the net capital gain included on Form 8615, line 8. How do i file my 2011 taxes now (See the earlier discussion for line 8. How do i file my 2011 taxes now ) On lines 8 through 10, follow the worksheet instructions. How do i file my 2011 taxes now On line 11, enter zero if neither the child, nor the parent, nor any other child has unrecaptured section 1250 gain (Schedule D, line 19) or 28% rate gain (Schedule D, line 18). How do i file my 2011 taxes now Otherwise, enter the amount of unrecaptured section 1250 gain and 28% rate gain included in the net capital gain on line 8 of Form 8615. How do i file my 2011 taxes now Figure these amounts as explained later under Figuring unrecaptured section 1250 gain (line 11) and Figuring 28% rate gain (line 11). How do i file my 2011 taxes now If the Foreign Earned Income Tax Worksheet was used to figure the parent's tax or the tax of any child, go to step 10 below. How do i file my 2011 taxes now Otherwise, skip steps 10, 11, and 12 below, and go to step 13. How do i file my 2011 taxes now Determine whether there is a line 8 capital gain excess as follows. How do i file my 2011 taxes now Add the amounts on line 2 of all Foreign Earned Income Tax Worksheets completed by the parent or any child for whom Form 8615 is filed. How do i file my 2011 taxes now (But for each child do not add more than the excess, if any, of the amount on line 5 of the child's Form 8615 over the child's taxable income on Form 1040, line 43; Form 1040A, line 27; or Form 1040NR, line 41. How do i file my 2011 taxes now ) Subtract (a) from the amount on line 1 of this Schedule D Tax Worksheet. How do i file my 2011 taxes now Subtract (b) from the amount on line 10 of this Schedule D Tax Worksheet. How do i file my 2011 taxes now If the result is more than zero, that amount is the line 8 capital gain excess. How do i file my 2011 taxes now If the result is zero or less, there is no line 8 capital gain excess. How do i file my 2011 taxes now If there is no line 8 capital gain excess, skip step 12 below and go to step 13. How do i file my 2011 taxes now If there is a line 8 capital gain excess, complete a second Schedule D Tax Worksheet as instructed above and in step 13, but in its entirety and with the following additional modifications. How do i file my 2011 taxes now (These modifications are to be made only for purposes of filling out this additional Schedule D Tax Worksheet. How do i file my 2011 taxes now ) Reduce the amount you would otherwise enter on line 9 (but not below zero) by the line 8 capital gain excess. How do i file my 2011 taxes now Reduce the amount you would otherwise enter on line 6 (but not below zero) by any of the line 8 capital gain excess not used in (a) above. How do i file my 2011 taxes now If the child, parent, or any other child has 28% rate gain, reduce the amount you would otherwise enter on line 8 of Worksheet 1 for Line 11 of the Schedule D Tax Worksheet – 28% Rate Gain (Line 9 Tax), shown later, (but not below zero) by the line 8 capital gain excess, and refigure the amount on line 11 of this Schedule D Tax Worksheet. How do i file my 2011 taxes now If the child, parent, or any other child has unrecaptured section 1250 gain, reduce the amount you would otherwise enter on line 8 of Worksheet 2 for Line 11 of the Schedule D Tax Worksheet – Unrecaptured Section 1250 Gain (Line 9 Tax) (but not below zero) by the line 8 capital gain excess not used in 12(c), and refigure the amount on line 11 of this Schedule D Tax Worksheet. How do i file my 2011 taxes now Complete lines 12 through 45 following the worksheet instructions. How do i file my 2011 taxes now Use the parent's filing status to complete lines 15, 42, and 44. How do i file my 2011 taxes now Enter the amount from line 45 of this Schedule D Tax Worksheet on Form 8615, line 9, and check the box on that line