form 1040 instructions 2021
form 8814
2017 form 1040 instructions
irs form schedule 2
irs form 8812
schedule 2 line 3form 8814 instructions
form 6251

Use this form to figure the tax on a qualified lump-sum distribution using the 20% capital gain election, the 10-year tax option, or both. Enter 25% of the federal tax from IRS form 4972 on line 40 of the IA 1040. Include federal form 4972. Part-year Residents: If a lump-sum distribution reported On Form 4972, Andrew applies the special 20% rate to the capital gain portion for a tax of $1,724. He then figures the tax on the $173,818 ordinary incometrust and you used federal Form 4972, Tax on Lump-Sum percentage schedule on page 3 of these instructions to compute Page 2 of 4 IT-230-I (2017). SC4972. (Rev. 10/10/17). 3107. 1350. TAX ON LUMP-SUM DISTRIBUTIONS Attach to form SC1040 or form SC1041. See federal instructions. 2017 Part I. Complete this part to see if you can use Form 4972. 1. Was this a distribution of a plan participant's entire balance (excluding deductible Residents: Complete all of this Form IT-230 using information from federal Form 4972 (see instructions, Form IT-230-I, for assistance).