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Victor and Grace Alito received the following Forms 1099-INT and 1099-DIV during 2019: Qualified Dividends and Capital Gain Tax WorksheetLine 12a Before you begin: See

Victor and Grace Alito received the following Forms 1099-INT and 1099-DIV during 2019:

Qualified Dividends and Capital Gain Tax WorksheetLine 12a
Before you begin: See the earlier instructions for line 12a to see if you can use this worksheet to figure your tax.
Before completing this worksheet, complete Form 1040 or 1040-SR through line 11b.
If you don't have to file Schedule D and you received capital gain distributions, be sure you checked the box on Form 1040 or 1040-SR, line 6.
1. Enter the amount from Form 1040 or 1040-SR, line 11b. However, if you are filing Form 2555 (relating to foreign earned income), enter the amount from line 3 of the Foreign Earned Income Tax Worksheet . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1. fill in the blank 8
2. Enter the amount from Form 1040 or 1040-SR, line 3a* . . 2. fill in the blank 9
3. Are you filing Schedule D?*
Yes Enter the smaller of line 15 or 16 of Schedule D. If either line 15 or line 16 is blank or a loss, enter -0-. } 3. fill in the blank 10
No Enter the amount from Form 1040 or Form 1040-SR, line 6.
4. Add lines 2 and 3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4. fill in the blank 11
5. If filing Form 4952 (used to figure investment interest expense deduction), enter any amount from line 4g of that form. Otherwise, enter -0- . . . . . . . . . . . . . . . . . . . 5. fill in the blank 12
6. Subtract line 5 from line 4. If zero or less, enter -0- . . . . . . . . . . . . . . . . . . . . . . 6. fill in the blank 13
7. Subtract line 6 from line 1. If zero or less, enter -0- . . . . . . . . . . . . . . . . . . . . . . 7. fill in the blank 14
8. Enter:
$39,375 if single or married filing separately, }
$78,750 if married filing jointly or qualifying widow(er), . . . . . . . . . . . 8. fill in the blank 15
$52,750 if head of household.
9. Enter the smaller of line 1 or line 8 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9. fill in the blank 16
10. Enter the smaller of line 7 or line 9 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10. fill in the blank 17
11. Subtract line 10 from line 9. This amount is taxed at 0% . . . . . . . . . . . . . . . . . 11. fill in the blank 18
12. Enter the smaller of line 1 or line 6 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12. fill in the blank 19
13. Enter the amount from line 11 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13. fill in the blank 20
14. Subtract line 13 from line 12 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14. fill in the blank 21
15. Enter:
$434,550 if single, }
$244,425 if married filing separately, . . . . . . . . . . . . . 15. fill in the blank 22
$488,850 if married filing jointly or qualifying widow(er),
$461,700 if head of household.
16. Enter the smaller of line 1 or line 15 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16. fill in the blank 23
17. Add lines 7 and 11 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17. fill in the blank 24
18. Subtract line 17 from line 16. If zero or less, enter -0- . . . . . . . . . . . . . . . . . . . 18. fill in the blank 25
19. Enter the smaller of line 14 or line 18 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19. fill in the blank 26
20. Multiply line 19 by 15% (0.15) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20. fill in the blank 27
21. Add lines 11 and 19 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21. fill in the blank 28
22. Subtract line 21 from line 12 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22. fill in the blank 29
23. Multiply line 22 by 20% (0.20) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23. fill in the blank 30
24. Figure the tax on the amount on line 7. If the amount on line 7 is less than $100,000, use the Tax Table to figure the tax. If the amount on line 7 is $100,000 or more, use the Tax Computation Worksheet . . . . . . . . . 24. fill in the blank 31
25. Add lines 20, 23, and 24 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25. fill in the blank 32
26. Figure the tax on the amount on line 1. If the amount on line 1 is less than $100,000, use the Tax Table to figure the tax. If the amount on line 1 is $100,000 or more, use the Tax Computation Worksheet . . . . . . . . 26. fill in the blank 33
27. Tax on all taxable income. Enter the smaller of line 25 or 26. Also include this amount on the entry space on Form 1040 or 1040-SR, line 12a. If you are filing Form 2555, don't enter this amount on the entry space on Form 1040 or 1040-SR, line 12a. Instead, enter it on line 4 of the Foreign Earned Income Tax Worksheet . . . . 27. fill in the blank 34
* If you are filing Form 2555, see the footnote in the Foreign Earned Income Tax Worksheet before completing this line.

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