Something to understand. If you choose the Pre-TCJA rate on the screen ( parents' rates), your parent's qualified dividends and capital gain information are relevant in the calculation. Therefore, you will see the Qualified Dividends and Net Capital Gain worksheet line 5 information. However, if you do not choose the Pre-TCJA rate, it will be calculated with the estate and trust rate. Your parent's qualified dividends and capital gain information would not matter. Thus, you will not see the worksheet line 5 related information.
In your tax file, your tax due of $11 stays when you selected "No" to the question asks if you want to use the Pre-TCJA rate. You would not see any /Qualified Dividends and Net Capital gain worksheet line 5 related information because they are not relevant. The Trust and Estate's rate is used.
You can test by choosing the other option. With they are in a higher income tax bracket, your tax due will go up as your parents' rate is used. Their qualified dividends and net capital gain information are taken into account in calculating your tax. Therefore, you will see the worksheet line 5 information on the Form 8615 worksheet.
Hope this helps!
@tmcgra1
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
