Page 303 - Individual Forms & Instructions Guide

16:23 - 13-Oct-2022
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The type and rule above prints on all proofs including departmental reproduction proofs. MUST be removed before printing.
Schedule D Tax Worksheet, lines 42 and
Line 12 Fileid: … /i1040schj/2022/a/xml/cycle03/source to figure the tax on the amount on line 3
44); or
of the Foreign Earned Income Tax
If line 11 is zero or less, enter -0- on • The 2020 Foreign Earned Income Worksheet.
line 12. Otherwise, figure the tax on the Tax Worksheet, later.
amount on line 11 using: When completing the Schedule D
• The 2020 Tax Rate Schedules be- If your elected farm income includes Tax Worksheet, you must allocate 1/3 of
low; net capital gain, you must use the 2020 the amount on Schedule J, line 2b (and
• The 2020 Qualified Dividends and Schedule D Tax Worksheet to figure the 1/3 of the amount on line 2c, if any) to
Capital Gain Tax Worksheet, later; tax on the amount on line 11. However, 2020. If for 2020 you had a capital loss
• The 2020 Schedule D Tax Work- if you filed Form 2555 for 2020, you that resulted in a capital loss carryover
sheet in the 2020 Schedule D instruc- must first complete the 2020 Foreign to 2021, don't reduce the elected farm
tions (but use the 2020 Tax Rate Sched- Earned Income Tax Worksheet, and then income allocated to 2020 by any part of
ules below when figuring the tax on the use the 2020 Schedule D Tax Worksheet the carryover.
2020 Tax Rate Schedules—Line 12

Schedule X—Use if your 2020 filing status was Single on Schedule Y-2—Use if your 2020 filing status was Married filing separately
Form 1040-NR. on Form 1040-NR.
If Enter on If Enter on
Schedule J, Schedule J, of the Schedule J, Schedule J,
line 11, is: But not line 12 amount line 11, is: But not line 12 of the amount
Over— over— over— Over— over— over—
$0 $9,875 ........... 10% $0 $0 $9,875 ........... 10% $0
9,875 40,125 $987.50 + 12% 9,875 9,875 40,125 $987.50 + 12% 9,875
40,125 85,525 4,617.50 + 22% 40,125 40,125 85,525 4,617.50 + 22% 40,125
85,525 163,300 14,605.50 + 24% 85,525 85,525 163,300 14,605.50 + 24% 85,525
163,300 207,350 33,271.50 + 32% 163,300 163,300 207,350 33,271.50 + 32% 163,300
207,350 518,400 47,367.50 + 35% 207,350 207,350 311,025 47,367.50 + 35% 207,350
518,400 ............. 156,235.00 + 37% 518,400 311,025 .......... 83,653.75 + 37% 311,025
Schedule Y-1—Use if your 2020 filing status was Qualifying Schedule Z—Use if your 2020 filing status was Head of household.
widow(er) on Form 1040-NR.
If Enter on If Enter on
Schedule J, Schedule J, of the Schedule J, Schedule J,
line 11, is: But not line 12 amount line 11, is: But not line 12 of the amount
Over— over— over— Over— over— over—
$0 $19,750 ........... 10% $0 $0 $14,100 ........... 10% $0
19,750 80,250 $1,975.00 + 12% 19,750 14,100 53,700 $1,410.00 + 12% 14,100
80,250 171,050 9,235.00 + 22% 80,250 53,700 85,500 6,162.00 + 22% 53,700
171,050 326,600 29,211.00 + 24% 171,050 85,500 163,300 13,158.00 + 24% 85,500
326,600 414,700 66,543.00 + 32% 326,600 163,300 207,350 31,830.00 + 32% 163,300
414,700 622,050 94,735.00 + 35% 414,700 207,350 518,400 45,926.00 + 35% 207,350
622,050 ............ 167,307.50 + 37% 622,050 518,400 ........... 154,793.50 + 37% 518,400

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