Additional 50% Tax Worksheet--Line 15b. Summary: This worksheet is used to determine the amount of additional 50% tax on distributions included on Form 8853, line 14, that do not meet either of the exceptions. The line items to be completed are:

“1. Enter the total distributions included on Form 8853, line 14, that do not meet either of the exceptions to the additional 50% tax” field

“2. Did you have a Medicare Advantage Medical Savings Account on December 31, 2005?”

“No” checkbox. “Stop. Enter one-half line 1 on Form 8853, line 15b.”. Continue to End “Yes” checkbox. “Enter the value of your Medicare Advantage Medical Savings Account on December 31, 2005” field

“3. Enter the amount of the annual deductible for your High Deductible Health Plan policy on January 1, 2006” field

“4. Multiply line 3 by 60% (.60)” field

“5. Subtract line 4 from line 2. If zero or less, enter 0” field

“6. Subtract line 5 from line 1. If zero or less, enter 0” field

“7. Enter one-half of line 6 here and on Form 8853, line 15b” field