OMB No. 1545-0998 Tax for Children Under Age 14

Who Have Investment Income of More Than $1,400 Form 8615

Department of the Treasury

Internal Revenue Service

Attachment

Sequence No. 33

 Attach only to the child’s Form 1040, Form 1040A, or Form 1040NR.

Child’s name shown on return Child’s social security number

Parent’s name (first, initial, and last). Caution: See instructions before completing. Parent’s social security number

Parent’s filing status (check one):

Child’s Net Investment Income

Enter the child’s investment income, such as taxable interest, ordinary dividends, and capital

gain distributions. See instructions. If this amount is $1,400 or less, stop; do not file this form

1

1

If the child did not itemize deductions on Schedule A (Form 1040 or Form 1040NR), enter

$1,400. If the child did itemize deductions, see instructions

2

2

Subtract line 2 from line 1. If the result is zero or less, stop; do not complete the rest of this

form but do attach it to the child’s return

3

3

4

Enter the child’s taxable income from Form 1040, line 39; Form 1040A, line 25; or Form 1040NR,

line 38

4

5 Enter the smaller of line 3 or line 4 5

Tentative Tax Based on the Tax Rate of the Parent Listed on Line A

Enter the parent’s taxable income from Form 1040, line 39; Form 1040A, line 25; Form 1040EZ,

line 6; TeleFile Tax Record, line K; Form 1040NR, line 38; or Form 1040NR-EZ, line 14. If less

than zero, enter -0-

6

6

Enter the total net investment income, if any, from Forms 8615, line 5, of all other children of

the parent identified above. Do not include the amount from line 5 above

7

7

8 Add lines 5, 6, and 7 8

9

Enter the tax on line 8 based on the parent’s filing status. See instructions. If the Capital Gain

Tax Worksheet or Schedule D or J (Form 1040) is used to figure the tax, check here 

9

10 Enter the parent’s tax from Form 1040, line 40; Form 1040A, line 26, minus any alternative

minimum tax; Form 1040EZ, line 10; TeleFile Tax Record, line K; Form 1040NR, line 39; or

Form 1040NR-EZ, line 15. If any tax is from Form 4972 or 8814, see instructions. If the

Capital Gain Tax Worksheet or Schedule D or J (Form 1040) was used to figure the

tax, check here  10

Subtract line 10 from line 9 and enter the result. If line 7 is blank, also enter this amount on line

13 and go to Part III

11

11

12a Add lines 5 and 7 12a

b Divide line 5 by line 12a. Enter the result as a decimal (rounded to at least three places) 12b . 13 Multiply line 11 by line 12b 13

Child’s Tax—If lines 4 and 5 above are the same, enter -0- on line 15 and go to line 16.

14 Subtract line 5 from line 4 14

15

15 Enter the tax on line 14 based on the child’s filing status. See instructions. If the Capital Gain

Tax Worksheet or Schedule D or J (Form 1040) is used to figure the tax, check here 

16 Add lines 13 and 15 16

17

17 Enter the tax on line 4 based on the child’s filing status. See instructions. If the Capital Gain

Tax Worksheet or Schedule D or J (Form 1040) is used to figure the tax, check here 

18 Enter the larger of line 16 or line 17 here and on Form 1040, line 40; Form 1040A, line 26; or

Form 1040NR, line 39 18

For Paperwork Reduction Act Notice, see page 2 of the instructions. Form 8615 (2000)

A B

C

Single Married filing jointly Married filing separately Head of household Qualifying widow(er)

Cat. No. 64113U



Part III

Part I

Part II

(99)

2000

 See separate instructions.

Note: If the total of lines 4 and 6 above is not more than $43,850, lines 7 through 16 may not

have to be completed. For details, see the instructions for line 6.

Before you begin: If the child, the parent, or any of the parent’s other children under age 14 received capital gains (including capital gain

distributions) or farm income, see Pub. 929, Tax Rules for Children and Dependents. It explains how to figure the child’s

tax using the Capital Gain Tax Worksheet in the Form 1040 or Form 1040A instructions or Schedule D or J (Form 1040).