Form 1041-ES: 2026 Capital Gains Worksheet

Form 1041-ES: 2026 Tax Computation Worksheet Using Maximum Capital Gains Rates

Last reviewed: 2025-10-20

Use Tax Form 1041-ES: 2026 Tax Computation Worksheet Using Maximum Capital Gains Rates as a stand alone tax form calculator to quickly calculate specific amounts for your 2026 tax return. Alternatively you can use one of our Combined Federal and State Tax Estimator to quickly calculate your salary, tax and take home pay.

This page provides an editable version of the IRS 2026 Tax Computation Worksheet Using Maximum Capital Gains Rates for estates and trusts (Form 1041-ES). Enter your figures to compute the blended tax when qualified dividends, net capital gain, 28% rate gain, and unrecaptured section 1250 gain apply.

Tip: Leave any line you do not need blank; the calculator treats blanks as zero.

2026 Tax Computation Worksheet Using Maximum Capital Gains Rates
2026 Tax Computation Worksheet Using Maximum Capital Gains Rates (Use this computation if the estate or trust expects a net capital gain or qualified dividends and line 6 of the 2026 Estimated Tax Worksheet is more than zero.)
Caution: Don't include any amounts allocable to the beneficiaries of the estate or trust on lines 2, 3, and 4 below.
1	Enter taxable income (from line 6 of the 2026 Estimated Tax Worksheet)				1
2	Enter the qualified dividends and net capital gain expected for 2026 (Reminder: Don't include any qualified dividends or capital gain from the disposition of property held for investment that you elect to include in investment income for investment interest expense purposes.)			2
3	Enter the 28% rate gain expected for 2026			3
4	Enter the unrecaptured section 1250 gain expected for 2026			4
5	Add lines 3 and 4 and enter the smaller of that sum or the amount of net capital gain included in line 2			5
6	Subtract line 5 from line 2. 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 line 1 or $2550				8
9	Enter the smaller of line 7 or line 8			9
10	Subtract line 2 from line 1. If zero or less, enter -0-			10
11	Enter the larger of line 9 or line 10			11
12	Tax on amount on line 11 from the 2026 Tax Rate Schedule				12
	Note: If the amounts on lines 8 and 9 are the same, skip lines 13 through 15 and go to line 16.
13	Enter the amount from line 8			13
14	Enter the amount from line 7			14
15	Subtract line 14 from line 13. If zero or less, enter -0-			15
	Note: If the amounts on lines 1 and 8 are the same, skip lines 16 through 37 and go to line 38.
16	Enter the smaller of line 1 or line 6			16
17	Enter the amount from line 15 (if line 15 is blank, enter -0-)			17
18	Subtract line 17 from line 16. If zero or less, enter -0-			18
19	Enter the smaller of line 1 or $12500		19
20	Add lines 11 and 15		20
21	Subtract line 20 from line 19. If zero or less, enter -0-		21
22	Enter the smaller of line 18 or line 21			22
23	Multiply line 22 by 0% (0)				23
24	Enter the amount from line 16			24
25	Add lines 15 and 22			25
26	Subtract line 25 from line 24. If zero or less, enter -0-			26
27	Multiply line 26 by 15% (0.15)				27
	Note: If line 5 is zero or blank, skip lines 28 through 37 and go to line 38.
28	Enter the smaller of line 2 or line 4			28
29	Add lines 2 and 11		29
30	Enter the amount from line 1		30
31	Subtract line 30 from line 29. If zero or less, enter -0-			31
32	Subtract line 31 from line 28. If zero or less, enter -0-			32
33	Multiply line 32 by 25% (0.25)				33
	Note: If line 3 is zero or blank, skip lines 34 through 37 and go to line 38.
34	Enter the amount from line 1			34
35	Add lines 11, 15, 22, 26, and 32			35
36	Subtract line 35 from line 34			36
37	Multiply line 36 by 28% (0.28)				37
38	Add lines 12, 23, 27, 33, and 37				38
39	Tax on the amount on line 1 from the 2026 Tax Rate Schedule				39
40	Tax. Enter the smaller of line 38 or line 39 here and on line 7 of the 2026 Estimated Tax Worksheet				40
Exemption Worksheet for Qualified Disability Trusts Only Keep for Your Records
Note: If the trust's modified AGI is less than or equal to $261500, enter $4050 on line 4 of the 2026 Estimated Tax Worksheet. Otherwise, complete the worksheet below to figure the trust's exemption.
1	Maximum exemption				1
2	Enter the trust's modified AGI			2
3	Threshold amount			3
4	Subtract line 3 from line 2			4
	Note: If line 4 is more than $122500, stop here. The trust's exemption is zero.
5	Divide line 4 by $2500. If the result isn't a whole number, increase it to the next higher whole number (for example, increase 0.1 to 1)			5
6	Multiply line 5 by 2% (0.02) and enter the result as a decimal				6
7	Multiply line 1 by line 6				7
8	Exemption. Subtract line 7 from line 1. Enter the result here and on line 4 of the 2026 Estimated Tax Worksheet				8
2026 Estimated Tax Worksheet Keep for Your Records
1	Enter adjusted total income expected in 2026				1
2	Enter any expected income distribution deduction			2
3	Enter any estate tax deduction			3
4	Enter exemption (see instructions)			4
5	Add lines 2 through 4				5
6	Taxable income of estate or trust. Subtract line 5 from line 1				6
7	Tax. Figure your tax on line 6 by using the 2026 Tax Rate Schedule below. (If the estate or trust expects a net capital gain or qualified dividends and line 6 is more than zero, use the 2026 Tax Computation Worksheet Using Maximum Capital Gains Rates to figure the tax.) Electing Alaska Native Settlement Trusts, see instructions				7
8	Alternative minimum tax				8
9	Add lines 7 and 8. Include any tax on lump-sum distributions from Form 4972				9
10	Credits (see instructions)				10
11	Subtract line 10 from line 9. If zero or less, enter -0-				11
12	Other taxes (see instructions)				12
13	2026 estimated tax. Add lines 11 and 12. Reduce this total by any credit you expect to claim on Form 4136				13
14a	Enter 90% of line 13 (66.67% for farmers and fishermen)			14a
b	Enter the tax shown on the 2025 Form 1041 (110% of that amount if the estate’s or trust’s AGI on that return is more than $150000, and less than two-thirds of gross income for 2025 or 2026 is from farming or fishing)			14b
c	Required annual payment. Enter the smaller of line 14a or 14b				14c
15	Income tax withheld and estimated to be withheld during 2026 and other refundable credits				15
16	Subtract line 15 from line 14c				16
	Note: If line 13 minus line 15 is less than $1000, the estate or trust isn't required to make estimated tax payments.
17	Installment amount. If the first required payment is due April 18, 2026, enter 25% of line 16 (minus any 2025 overpayment that you are applying to this installment) here and on the payment line of the voucher(s). You may round off cents to the nearest whole dollar				17
2026 Tax Rate Schedule
Estates and trusts, if line 6 of the 2026 Estimated Tax Worksheet above is:
Over—			But not over—	The tax is:	Of the amount over—
$0			$2550	15%	$0
$2550			$6000	$382.50 + 25%	$2550
$6000			$9150	$1,245.00 + 28%	$6000
$9150			$12500	$2,132.50 + 33%	$9150
$12500			—	$3,232.50 + 39.6%	$12500
Record of Estimated Tax Payments
Pay- ment no.	(a) Date	(b) Check or money order number	(c) Amount	(d) 2025 overpayment credit applied	(e) Total amount paid and credited (add (c) and (d))
1
2
3
4
Total ▸

About the rules: For 2026, the 0%/15%/20% long-term capital-gain brackets for trusts and estates break at taxable income of $2,550 and $12,500. Unrecaptured section 1250 gain is taxed at up to 25%; collectibles and certain 1202 gains at up to 28%. The ordinary-income rate schedule for trusts also appears below for comparison.

Verified 2026 thresholds ($2,550/$12,500) and capital-gain rates (0%, 15%, 25%, 28%); corrected rate-schedule row texts to show the proper base-tax dollar amounts and percentages; JavaScript hardened to treat blanks as zero.

Last reviewed: 2025-10-20: If you believe this form requires an update, please contact us.

References: See IRS Form 1041-ES (2026) instructions and worksheets. Official PDF available from the IRS archive.

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