Form Cd-429a - Estimated Income Tax Page 2

ADVERTISEMENT

Page 2
CD-429A
Web
12-00
1.
Estimated Federal Taxable Income
1.
2.
Estimated Additions to Federal Taxable Income
2.
3.
Estimated Deductions from Federal Taxable Income
3.
4.
Estimated State Net Income (Line 1 plus Line 2 minus Line 3)
4.
5.
Estimated Nonbusiness Income
5.
6.
Estimated Business Income Subject to Apportionment (Line 4 minus Line 5)
6.
7.
Amount of Line 6 Estimated to be Apportioned to North Carolina
7.
8.
Amount of Line 5 Estimated to be Directly Allocated to North Carolina
8.
9.
Estimated North Carolina Taxable Income (Line 7 plus Line 8)
9.
10.
Estimated North Carolina Income Tax (Multiply Line 9 by 6.90%)
10.
11.
Estimated Tax Credits
11.
12.
Estimated North Carolina Net Tax Due (Line 10 minus Line 11)
12.
If $500 or more, see schedule below to determine amount of installment due.
If $500 or less, no payment is required at this time.
Determine the due date of payments and the amount of installments to be paid in accordance with the following table:
The following percentage of the estimated tax
The number of
If a corporation’s estimated tax reduced by tax credits is
must be paid on or before the 15th day of the:
$500 or more, it meets the requirement for making payments.
installments to
If this requirement if first met:
be paid is:
4th month
6th month
9th month
12th month
Before the 1st day of the 4th month of the taxable year
4
25
25
25
25
After the last day of the 3rd month and before
3
33 1/3
33 1/3
33 1/3
the 1st day of the 6th month of the taxable year
After the last day of the 5th month and before
2
50
50
the 1st day of the 9th month of the taxable year
After the last day of the 8th month and before
100
100
the 1st day of the 12th month of the taxable year

ADVERTISEMENT

00 votes

Related Articles

Related forms

Related Categories

Parent category: Financial
Go
Page of 2