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taxmap/instr/i1040sj-007.htm#TXMP5affa08f Line 12

If line 11 is zero or less, enter -0- on line 12. Otherwise, figure the tax on the amount on line 11 using:

• The 2005 Tax Rate Schedules below,
• The 2005 Qualified Dividends and Capital Gain Tax Worksheet on page J-7, or
• The 2005 Schedule D Tax Worksheet in the Schedule D instructions (but use the 2005 Tax Rate Schedules below instead of the 2005 Tax Table when figuring the tax on the Schedule D Tax Worksheet, lines 34 and 36).

taxmap/instr/i1040sj-007.htm#w24811v05

2005 Qualified Dividends and Capital Gain Tax Worksheet—Line 12 Use this worksheet only if both of the following apply. Your elected farm income on Schedule J, line 2, does not include any net capital gain. You (a) entered qualified dividends on your 2005 Form 1040, line 9b (or your 2005 Form 1040A, line 9b, or 2005 Form 1040NR, line 10b) (b) entered capital gain distributions directly on your 2005 Form 1040, line 13 (or your 2005 Form 1040A, line 10, or 2005 Form 1040NR, line 14) and checked the box on that line, or (c) filed Schedule D in 2005 and you answered "Yes" on lines 17 and 20 of that Schedule D.   1.   Amount from Schedule J, line 11 1.                    2.   Amount from Form 1040, line 9b (or Form 1040A, line 9b, or Form 1040NR, line 10b) 2.                    3.   Did you file Schedule D in 2005?             Yes. Enter the smaller of line 15 or 16 of your 2005 Schedule D, but do not enter less than -0- n 3.                        No. Enter the amount from Form 1040, line 13 (or Form 1040A, line 10, or Form 1040NR, line 14)         4.   Add lines 2 and 3 4.                    5.   Amount, if any, from your 2005 Form 4952, line 4g 5.                    6.   Subtract line 5 from line 4. If zero or less, enter -0- 6.                    7.   Subtract line 6 from line 1. If zero or less, enter -0- 7.                    8.   Enter the smaller of:         The amount on line 1, or         $29,700 if single or married filing separately or if you mm checked filing status box 1, 2, 3, 4, or 5 on Form 1040NR, 8.                        mm$59,400 if married filing jointly or qualifying widow(er) mmor if you checked filing status box 6 on Form 1040NR, mm$39,800 if head of household.m     9.   Is the amount on line 7 equal to or more than the amount on line 8?         Yes. Skip lines 9 through 11; go to line 12 and check the "No" box.         No. Enter the amount from line 7 9.                    10.   Subtract line 9 from line 8 10.                    11.   Multiply line 10 by 5% (.05) 11.                  12.   Are the amounts on lines 6 and 10 the same?         Yes. Skip lines 12 through 15; go to line 16.         No. Enter the smaller of line 1 or line 6 12.                    13.   Enter the amount from line 10 (if line 10 is blank, enter -0-) 13.                    14.   Subtract line 13 from line 12 14.                    15.   Multiply line 14 by 15% (.15) 15.                  16.   Figure the tax on the amount on line 7. Use the 2005 Tax Rate Schedules on page J-6 16.                  17.   Add lines 11, 15, and 16 17.                  18.   Figure the tax on the amount on line 1. Use the 2005 Tax Rate Schedules on page J-6 18.                  19.   Tax. Enter the smaller of line 17 or line 18 here and on Schedule J, line 12 19.

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