Declaration Of Estimated Tax For Individuals Form Page 2

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IT-540ESi (2014)
Worksheet for Estimating Your 2014 Louisiana Individual Income Tax
Keep for your records. Do not mail.
Form IT-540 and instructions for 2013 should be used as a guide.
1. Estimated Adjusted Gross Income for 2014 ..................................................................................................... 1.
00
00
2. Estimated Federal Income Tax for 2014 ............................................................................................................ 2.
00
3. Your Estimated Louisiana Tax Table Income (Subtract Line 2 from Line 1) .................................................... 3.
00
4. Estimated Louisiana Income Tax ........................................................................................................................ 4.
00
5. Less Estimated 2014 Total Nonrefundable Credits .......................................................................................... 5.
00
6. Less Estimated 2014 Total Refundable Credits ................................................................................................ 6.
00
7. Adjusted Louisiana Income Tax (Subtract Lines 5 and 6 from Line 4) .............................................................. 7.
8. Less Louisiana Income Tax to be withheld in 2014 including any
00
credit carried forward from 2013. (Round to the nearest dollar) ........................................................................ 8.
00
9. Estimated Income Tax (Subtract Line 8 from Line 7.) .......................................................................................... 9.
If you first become liable to
Then enter on Line 10 and in “Amount of
10.
file a declaration on or before:
Payment” block on Form IT-540ES:
April 15, 2014
1/4 of Line 9 (Make 4 installments.)
June 15, 2014
1/3 of Line 9 (Make 3 installments.)
September 15, 2014
1/2 of Line 9 (Make 2 installments.)
...........................
10.
00
January 15, 2015
Line 9 must be paid in full.
Note: If your estimated tax should change during the year, you may use the amended computation below to determine the amended amount to be
entered on the declaration voucher.
Amended Computation
Use if estimated tax is substantially changed after the first declaration voucher is filed.
1. Amended Estimated Tax ..................................................................................................................................... 1.
00
2. Less: A. Amount of last year’s overpayment carried forward to 2014 estimated tax and applied to date ...... 2A.
00
B. Payments made on 2014 declaration ................................................................................................. 2B.
00
C. Total of Lines 2A and 2B .................................................................................................................... 2C.
00
3. Unpaid Balance (Line 1 less Line 2C) ................................................................................................................. 3.
00
4. Amount to be paid (Line 3 divided by number of remaining installments)
00
Enter here and in “Amount of Payment” block on declaration voucher, Form IT-540ES. ..................................... 4.
How to use the Declaration Voucher
1. Fill out the worksheet above to calculate your estimated tax for 2014.
4. Detach the voucher at the perforation and attach check or money order.
Form IT-540 and instructions for 2013 should be used as a guide.
Fill in the Record of Estimated Tax Payments schedule at the bottom of
this page.
If you prepared a 2013 return on Form IT-540 or Form IT-540B and
expect your income in 2014 to be the same as it was for 2013, you may
5. Insert voucher and payment into the pre-addressed envelope and mail.
compute your estimated tax using the information from your 2013 return.
For each later installment, you need to complete only the “Amount of
The figures used should be adjusted for factors that apply to 2014, but
Payment” block on the voucher, attach payment, insert in the envelope,
did not apply to 2013. Information on how to compute your tax is also
and mail. However, if you must amend your estimate:
available on the Department’s web site at
a. Fill out the Amended Computation Schedule above.
2. Check your Social Security Number(s), name(s), and address on the
b. Complete the “Amount of Payment” block on the voucher.
voucher. Address changes can be made at
c. Detach at the perforation and mail with the required payment. For
contact.
each later installment, complete the “Amount of Payment” block on
3. Enter the amount shown on Line 10 of the worksheet in the “Amount of
the voucher, attach payment, insert in the envelope, and mail.
Payment” block on the voucher, Form IT-540ES.
d. Additional IT-540ES forms are available on the Department’s web site.
Record of Estimated Tax Payments
Voucher number
Date
Amount
Total amount paid to date
1
2
3
4
Total

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