2017 Tax Computation Worksheet - Form 1040

1. Enter the amount from Form 1040, line 43. However, if you
are filing Form
2555 or 2555-EZ (relating to foreign earned income), enter
the amount from
line 3 of the Foreign Earned Income Tax Worksheet
1. 186493
2. Enter the amount from Form 1040, line 9b* 2. 3400
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-
No Enter the amount from Form
1040, line 13
3. 0
4. Add lines 2 and 3 4. 3400
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. 0
6. Subtract line 5 from line 4. If zero or less, enter -0- 6. 3400
7. Subtract line 6 from line 1. If zero or less, enter -0- 7. 183093
8. Enter:
$37,950 if single or married filing separately,
$75,900 if married filing jointly or qualifying widow(er),
$50,800 if head of household.
8. $50,800
9. Enter the smaller of line 1 or line 8 9. 50800
10. Enter the smaller of line 7 or line 9 10. 50800
11. Subtract line 10 from line 9. This amount is taxed at 0% 11. 0
12. Enter the smaller of line 1 or line 6 12. 3400
13. Enter the amount from line 11 13. 0
14. Subtract line 13 from line 12 14. 3400
15. Enter:
$418,400 if single,
$470,700 if married filing jointly or qualifying widow(er),
$235,350 if married filing separately,
$444,550 if head of household.
15. 2) Joint $470,700