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• If line 14 includes any net capital gain or qualified divi- dends, use the Qualified Dividends and Capital Gain Tax Worksheet to figure this tax. For details, see the instructions for Form 8615, line 15. However, if the child has 28% rate gain or unrecaptured section 1250 gain, use the Schedule D Tax Worksheet. (But use Schedule J instead, if it applies.) Child files Form 2555. If line 14 includes any net capital gain or qualified dividends and the child files Form 2555, go to Using the Schedule D Tax Worksheet for line 15 tax next to figure the line 15 tax. Using the Schedule D Tax Worksheet for line 15 tax. Use the Schedule D Tax Worksheet (in the Schedule D in- structions) to figure the line 15 tax if the child has unrecap- tured section 1250 gain or 28% rate gain. Don’t attach this Schedule D Tax Worksheet to the child’s return. Complete this Schedule D Tax Worksheet as follows. 1. On line 1, enter the amount from Form 8615, line 14. 2. On line 2, enter the qualified dividends included on Form 8615, line 14. (See the earlier discussion of line 14.) 3. Leave lines 3 through 5 blank. 4. Enter the amount from line 2 on line 6. 5. On line 7, enter the net capital gain included on Form 8615, line 14. (See the earlier discussion of line 14.) 6. Skip line 8. 7. Enter the amount from line 7 on line 9. 8. Complete line 10, following the worksheet instruc- tions. 9. On line 11, enter zero if the child has no 28% rate gain (Schedule D, line 18) or unrecaptured section 1250 gain (Schedule D, line 19). Otherwise, see Worksheet 1 for Line 11 of the Schedule D Tax Worksheet—28% Rate Gain (Line 9 Tax) and Worksheet 2 for Line 11 of the Schedule D Tax Worksheet—Unrecaptured Sec- tion 1250 Gain (Line 9 Tax) under Using the Sched- ule D Tax Worksheet for line 9 tax, earlier. For each worksheet you complete, subtract line 5 of that work- sheet from line 1 of that worksheet, and include the result on line 11 of this worksheet. 10. If the child isn’t filing Form 2555, skip steps 11, 12, and 13 below, and go to step 14. If the child is filing Form 2555, go to step 11. 11. Determine whether there is a line 14 capital gain ex- cess as follows. a. Subtract from line 2c of your Foreign Earned In- come Tax Worksheet the excess, if any, of the amount on line 5 of the child's Form 8615 over the child's taxable income on Form 1040 or 1040-NR, line 15. b. Subtract (a) from the amount on line 14 of Form 8615. c. Subtract (b) from the amount on line 10 of this Schedule D Tax Worksheet. If the result is more than zero, that amount is the line 14 capital gain excess. If the result is zero or less, there is no line 14 capital gain excess. 12. If there is no line 14 capital gain excess, skip step 13 below and go to step 14. 13. If there is a line 14 capital gain excess, complete a second Schedule D Tax Worksheet as instructed above and in step 14 below but in its entirety and with the following additional modifications. (These modifi- cations are to be made only for purposes of filling out this Schedule D Tax Worksheet.) a. Reduce the amount you would otherwise enter on line 9 (but not below zero) by the line 14 capital gain excess. b. Reduce the amount you would otherwise enter on line 6 (but not below zero) by any of the line 14 capital gain excess not used in (a) above. c. If the child has 28% rate gain, reduce the amount you would otherwise enter on line 11, as figured in step 9, (but not below zero) by the line 14 capital gain excess. d. If the child has unrecaptured section 1250 gain, reduce the amount you would otherwise enter on line 11, as figured in step 9, (but not below zero) by the line 14 capital gain excess not used in (c) above. 14. Complete lines 12 through 47 following the worksheet instructions. Use the child's filing status to complete lines 15, 44, and 46. Enter the amount from line 47 of this Schedule D Tax Worksheet on Form 8615, line 15, and check the box on that line. Don’t attach this worksheet to your return. Using Schedule J (Form 1040) for line 15 tax. If Schedule J applies, use it as a worksheet to figure the tax to enter on Form 8615, line 15. On line 1 of this work- sheet, enter the amount from Form 8615, line 14. Com- plete lines 2a through 23 following the Schedule J instruc- tions. Use the child’s filing status to complete lines 4, 8, 12, and 16. Enter the amount from line 23 of this worksheet Sched- ule J on Form 8615, line 15, and check the box on that line. Don’t attach this worksheet to the child’s return. Line 16 (Combined Tax) Add lines 13 and 15 and enter the total on line 16. This is your child’s tax figured at the parent's rate on net un- earned income and the child’s tax rate on other income. Line 17 (Tax at Child's Rate) Figure the tax on the amount on line 4. Use the Tax Table, the Tax Computation Worksheet, the Qualified Dividends and Capital Gain Tax Worksheet, the Schedule D Tax Worksheet, or the child’s actual Schedule J (Form 1040), Publication 929 (2021) Page 21