Error in 2019 Tax Computation Worksheet Using Maximum Capital Gains Rates in Form 1041-ES

The worksheet titled “2019 Tax Computation Worksheet Using Maximum Capital Gains Rates” in Form 1041-ES, Estimated Income Tax for Estates and Trusts, contained an error. The tax calculation did not work correctly with the new TCJA regular tax rates and brackets for certain taxpayers who have 28% rate gain (taxed at a maximum rate of 28%) or unrecaptured section 1250 gain (taxed at a maximum rate of 25%). The corrected worksheet is in the updated Form 1041-ES at the link above. If you downloaded Form 1041-ES before May 16, 2019, you should download it again. You should use the updated Form 1041-ES to figure your estimated tax for 2019.

We corrected the worksheet in Form 1041-ES by renumbering line 10 as line 10a, adding new lines 10b and 10c, and updating the text on line 11 to reflect those changes.