Part IV—Line 50 Computation Using Maximum Capital Gains Rates

Lines 56, 57, and 58 If you used Schedule D (Form 1041), the Schedule D Tax Worksheet in the Instructions for Schedule D (Form 1041), or the Qualified Dividends Tax Worksheet in the Instructions for Form 1041, you may generally enter the amounts as instructed on Schedule I (Form 1041), lines 56, 57, and 58. But don’t use those amounts if any of the following apply.

1. The gain or loss from any transaction reported on Form 8949 or Schedule D (Form 1041) is different for the AMT (for example, because the AMT basis was different due to depreciation adjustments or an incentive stock option adjustment or the AMT capital loss carryover from 2024 was different).

2. You didn't complete Part V of Schedule D (Form 1041), the Schedule D Tax Worksheet in the Instructions for Schedule D (Form 1041), or the Qualified Dividends Tax Worksheet in the Instructions for Form 1041 because Form 1041, line 23, or line 13 of the ESBT Tax Worksheet, was zero or less.

3. The estate or trust received a Schedule K-1 (Form 1041) that shows an amount in box 12 with code B, C, D, E, or F. If this applies, see If the estate or trust is a beneficiary of another estate or trust, later.

If 1 above applies, complete an AMT Form 8949. Next, if 1 or 3 applies, complete Parts I through IV of an AMT Schedule D (Form 1041) by refiguring the amounts of your gains and losses for the AMT. Then, if 1, 2, or 3 applies, complete the following lines of the applicable schedule or worksheet.

• Lines 22 through 26 of an AMT Schedule D (Form 1041),

• Lines 2 through 13 of an AMT Schedule D Tax Worksheet in the Instructions for Schedule D (Form 1041), or

• Lines 2 through 4 of a Qualified Dividends Tax Worksheet in the Instructions for Form 1041. If you were required to complete an AMT Form 4952, use it to figure the amount to enter on line 25 of the AMT

10 2025 Instructions for Schedule I (Form 1041)

Schedule D (Form 1041), lines 3 and 4 of the AMT Schedule D Tax Worksheet in the Instructions for Schedule D (Form 1041), and line 3 of the Qualified Dividends Tax Worksheet. Use amounts from the AMT Schedule D (Form 1041), AMT Schedule D Tax Worksheet in the Instructions for Schedule D (Form 1041), or Qualified Dividends Tax Worksheet in the Instructions for Form 1041 to complete Schedule I (Form 1041), lines 56, 57, and 58. Keep the AMT Form 8949, AMT Schedule D (Form 1041), and applicable AMT worksheet for your records, but don’t attach any of them to Form 1041.

Line 61 If line 60 is $239,100 or less, multiply line 60 by 26% (0.26). Otherwise, multiply line 60 by 28% (0.28) and subtract $4,782 from the result.

Line 82 If line 55 is $239,100 or less, multiply line 55 by 26% (0.26). Otherwise, multiply line 55 by 28% (0.28) and subtract $4,782 from the result.