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The tax computation for Line 11 of Form 1040 can be calculated in one of four ways:

1. Tax Tables (See Form 1040 Instructions)
2. Qualified Dividend and Capital Gain Tax Worksheet (Located in Forms View > DTaxWrk folder > Qualified Div & Cap Gain Wrk tab)
3. Schedule D Tax Worksheet (Located in Forms View > DTaxWrk folder > Capital Gain Tax Wrk tab)
4. Foreign Earned Income Tax Worksheet (Located in Forms View > 2555Tax folder > Foreign Earned Income Tax Wrk tab)

Per the IRS Form 1040 Instructions, if any of the following apply to the taxpayer, the Qualified Dividends and Capital Gain Tax Worksheet will be used to compute the tax on Form 1040.

• The taxpayer reported qualified dividends on Form 1040, Line 3a.
• The taxpayer does not have to file Schedule D and he/she reported capital gain distributions on Form 1040, Schedule 1, line 13. The taxpayer does not have to file Schedule D if both of the following apply:
  • The only amounts they have to report on Schedule D are capital gain distributions from Form(s) 1099-DIV, Box 2a or substitute statement(s).
  • None of the Forms 1099-DIV or substitute statements have an amount in Boxes 2b, 2c or 2d.
• The taxpayer is filing Schedule D and Schedule D, Lines 15 and 16 are both more than zero.

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