Part I. Tax Attributable to Net

Passive Income

M. Tax attributable to line L. Figure the

C. Net passive income. See instructions

for line C . . . . . . . . . . . . .

D. Subtract line C from line B. If zero or

for line C . . . . . . . . . . . . .

Subtract line C from line B. If zero or

less, enter -0- here and on line E . . . . . . . . . . . . . . . .

E. Tax attributable to line D. Figure the

tax on the line D amount as if it were the corporation's only taxable income . . . . . . . . . . . . . . .

Tax attributable to net passive

income. Subtract line E from line A. Closely held corporations that do not have net active income and personal service corporations enter the amount here and on Form 8810, line 7 . . . . . . . . . . . . . . . .

F. Tax attributable to net passive