How about taxable capital gains for computing the “Kiddie Tax” (Form 8615)?

How about adjustments to US and Foreign source taxable capital gains for computing the foreign tax credit (Form 1116)?

Are we having fun yet?

]]>For some things digital means have surpassed paper, like writing books and editing flowcharts, but digital has not surpassed paper in every way.

]]>But I don’t dispute the likelihood of mistakes. My point in making the chart was to suggest that the IRS might consider some of the later lessons of computer science, having to do with concepts such as modularity and abstraction.

]]>In deciding the final step, I came to the correct decision by thinking geometrically. At the final step we are simply trying to ascertain if the 2 goes after the 75 or the 84. However consider the following dimensioned rectangles: A – 752 x 84 and B – 842 x 75.

Remember that the closer the sides of a rectangle, the larger the area (with maximal area for perimeter occupier ring in the case of a square). It then follows that the area of A must be greater than the area of B because it is closer to a square…hence the answer!