Use Tax Form 8801: Unreimbursed Employee Business Expenses as a stand alone tax form calculator to quickly calculate specific amounts for your 2023 tax return. Form 8801: Unreimbursed Employee Business Expenses is also integrated into our comprehensive US Tax Calculator where you can complete and save your calculations for later use. Alternatively you can use one of our Combined Federal and State Tax Estimator to quickly calculate your salary, tax and take home pay.
Credit for Prior Year Minimum Tax— Individuals, Estates, and Trusts Part I. Net Minimum Tax on Exclusion Items 1 Combine lines 1, 6, and 10 of your 2015 Form 6251. Estates and trusts, see instructions 1 2 Enter adjustments and preferences treated as exclusion items (see instructions) 2 3 Minimum tax credit net operating loss deduction (see instructions) 3 4 Combine lines 1, 2, and 3. If zero or less, enter -0- here and on line 15 and go to Part II. If more than $246,250 and you were married filing separately for 2015, see instructions 4 5 Enter: $83,400 if married filing jointly or qualifying widow(er) for 2015; $53,600 if single or head of household for 2015; or $41,700 if married filing separately for 2015. Estates and trusts, enter $23,800 5 6 Enter: $158,900 if married filing jointly or qualifying widow(er) for 2015; $119,200 if single or head of household for 2015; or $79,450 if married filing separately for 2015. Estates and trusts, enter $79,450 6 7 Subtract line 6 from line 4. If zero or less, enter -0- here and on line 8 and go to line 9 7 8 Multiply line 7 by 25% (0.25). 8 9 Subtract line 8 from line 5. If zero or less, enter -0-. If under age 24 at the end of 2015, see instructions 9 10 Subtract line 9 from line 4. If zero or less, enter -0- here and on line 15 and go to Part II. Form 1040NR filers, see instructions 10 11 • If for 2015 you filed Form 2555 or 2555-EZ, see instructions for the amount to enter. 11 12 Minimum tax foreign tax credit on exclusion items (see instructions) 12 13 Tentative minimum tax on exclusion items. Subtract line 12 from line 11 13 14 Enter the amount from your 2015 Form 6251, line 34, or 2015 Form 1041, Schedule I, line 55 14 15 Net minimum tax on exclusion items. Subtract line 14 from line 13. If zero or less, enter -0- 15 Part II. Minimum Tax Credit and Carryforward to 2017 16 Enter the amount from your 2015 Form 6251, line 35, or 2015 Form 1041, Schedule I, line 56 16 17 Enter the amount from line 15 17 18 Subtract line 17 from line 16. If less than zero, enter as a negative amount 18 19 2015 credit carryforward. Enter the amount from your 2015 Form 8801, line 26 19 20 Enter your 2015 unallowed qualified electric vehicle credit (see instructions) 20 21 Combine lines 18 through 20. If zero or less, stop here and see the instructions 21 22 Enter your 2016 regular income tax liability minus allowable credits (see instructions) 22 23 Enter the amount from your 2016 Form 6251, line 33, or 2016 Form 1041, Schedule I, line 54 23 24 Subtract line 23 from line 22. If zero or less, enter -0- 24 25 Minimum tax credit. Enter the smaller of line 21 or line 24. Also enter this amount on your 2016 Form 1040, line 54 (check box b); Form 1040NR, line 51 (check box b); or Form 1041, Schedule G, line 2c 25 26 Credit carryforward to 2017. Subtract line 25 from line 21. Keep a record of this amount because you may use it in future years 26 Part III. Tax Computation Using Maximum Capital Gains Rates Caution: If you didn't complete the 2015 Qualified Dividends and Capital Gain Tax Worksheet, the 2015 Schedule D Tax Worksheet, or Part V of the 2015 Schedule D (Form 1041), see the instructions before completing this part.* 27 Enter the amount from Form 8801, line 10. If you filed Form 2555 or 2555-EZ for 2015, enter the amount from line 3 of the Foreign Earned Income Tax Worksheet in the instructions 27 28 Enter the amount from line 6 of your 2015 Qualified Dividends and Capital Gain Tax Worksheet, the amount from line 13 of your 2015 Schedule D Tax Worksheet, or the amount from line 26 of the 2015 Schedule D (Form 1041), whichever applies* 28 29 Enter the amount from line 19 of your 2015 Schedule D (Form 1040), or line 18b, column (2), of the 2015 Schedule D (Form 1041) 29 30 Add lines 28 and 29, and enter the smaller of that result or the amount from line 10 of your 2015 Schedule D Tax Worksheet 30 31 Enter the smaller of line 27 or line 30 31 32 Subtract line 31 from line 27 32 33 If line 32 is $185,400 or less ($92,700 or less if married filing separately for 2015), multiply line 32 by 26% (0.26). Otherwise, multiply line 32 by 28% (0.28) and subtract $3,708 ($1,854 if married filing separately for 2015) from the result. Form 1040NR filers, see instructions 33 34 Enter: 34 35 Enter the amount from line 7 of your 2015 Qualified Dividends and Capital Gain Tax Worksheet, the amount from line 14 of your 2015 Schedule D Tax Worksheet, or the amount from line 27 of the 2015 Schedule D (Form 1041), whichever applies. If you didn't complete either worksheet or Part V of the 2015 Schedule D (Form 1041), enter the amount from your 2015 Form 1040, line 43, or 2015 Form 1041, line 22, whichever applies; if zero or less, enter -0-. Form 1040NR filers, see instructions 35 36 Subtract line 35 from line 34. If zero or less, enter -0- 36 37 Enter the smaller of line 27 or line 28 37 38 Enter the smaller of line 36 or line 37 38 39 Subtract line 38 from line 37 39 40 Enter: 40 41 Enter the amount from line 36 41 42 Form 1040 filers, enter the amount from line 7 of your 2015 Qualified Dividends and Capital Gain Tax Worksheet or the amount from line 19 of your 2015 Schedule D Tax Worksheet, whichever applies. If you didn't complete either worksheet, see instructions. Form 1041 filers, enter the amount from line 27 of your 2015 Schedule D (Form 1041) or line 18 of your 2015 Schedule D Tax Worksheet, whichever applies. If you didn't complete either the worksheet or Part V of the 2015 Schedule D (Form 1041), enter the amount from your 2015 Form 1041, line 22; if zero or less, enter -0-. Form 1040NR filers, see instructions 42 Part III. Tax Computation Using Maximum Capital Gains Rates (continued) 43 Add lines 41 and 42 43 44 Subtract line 43 from line 40. If zero or less, enter -0- 44 45 Enter the smaller of line 39 or line 44 45 46 Multiply line 45 by 15% (0.15) 46 47 Add lines 38 and 45 47 48 Subtract line 47 from line 37 48 49 Multiply line 48 by 20% (0.2) 49 50 Add lines 32, 47, and 48 50 51 Subtract line 50 from line 27 51 52 Multiply line 51 by 25% (0.25) 52 53 Add lines 33, 46, 49, and 52 53 54 If line 27 is $185,400 or less ($92,700 or less if married filing separately for 2015), multiply line 27 by 26% (0.26). Otherwise, multiply line 27 by 28% (0.28) and subtract $3,708 ($1,854 if married filing separately for 2015) from the result. Form 1040NR filers, see instructions 54 55 Enter the smaller of line 53 or line 54 here and on line 11. If you filed Form 2555 or 2555-EZ for 2015, don't enter this amount on line 11. Instead, enter it on line 4 of the Foreign Earned Income Tax Worksheet in the instructions for line 11 55