Form 500-Uet - Underpayment Of Estimated Tax By Individuals
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1500UET
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GEORGIA
Department o f Revenue
UNDERPAYMENT
OFESTIMATED
TAX BYINDIVIDUALS/FIDUCIARY
IncomeTaxDivision
(Attachthis formto Form500 or 501)
Rev. 8 /95
YEAR
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NAME(S)
ASSHOWN ONFORM 500/501
SOCIAL
SECURITY
OR I.D. NUMBER
HOW TOFIGURE YOUR U NDERPAYMENT
(Complete lines1through 4)
Ifyoumeetanyoftheexceptions which avoid theunderpayment forallquarters g odirectly t o line10
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1. Year
tax(from Form500line16or Form501line8)
2. Othercredits
3. Balance (Line 1 lessLine2)
4. Enter70%oftheamount s hownon Line 3
DUE DATE O FINSTALLMENTS
5. Divide a mount o n line4 bythe number o finstall-
April 1 5,19—
June15,19—
Sept.15,19_
Jan.15,19_
mentsrequired fortheyear(see instructions B),
Entertheresultsinappropriate c olumns. . . . . . . . . .
6. Amounts p aidonestimate foreachperiod andtax
withheld . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
7. Overpayment ofprevious i nstallment
(Seeinstruction E ). . . . . . . . . . . . . . . . . . . . . . . . .
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8. Total(Add lines6and 7) . . . . . . . . . . . . . . . . . . . . . . .
9. Underpayment (line5 lessline8)or
overpayment (line8
1ess
line
5)....... . . . . . . . . . .
EXCEPTIONS
WHICH AVOID THE PENALTY
(SeeInstruction D)
(Farmers a ndfishermen s ee Instruction Gforspecial e xception)
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10.Totalamount p aidandwithheld f romJanuary1,
through theinstallment dateindicated
11.Exception 1 .—Prior YearsTax$
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12.Exception 2 .—Tax o n prior yearsincome using
current y earratesandexemptions. . . . . . . . . . . . . . . .
13.Exception 3 .—Tax o nannualized c urrent y ear
income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
NOT
14.Exception 4 .—Tax o ncurrent y earsincome over
APPLICABLE
3,5, 8, monthperiods . . . . . . . . . . . . . . . . . . . . . . . . . . .
HOW TOFIGURE THE PENALTY
(Complete lines15through 19forinstallments notavoided byanexception)
15.Amount ofunderpayment (from line9) . . . . . . . . . . . .
16.Dateofpayment o rApril 1 5,19— whichever is
earlier (Seeinstruction F )......
. . . . . . . . . . . . . . . .
17.Number o fdaysfromduedateofinstallment to
dateshownonline16 . . . . . . . . . . . . . . . . . . . . . . . . . .
18.Penalty (9percenta yearonamount s hownon
line15forthe number o fdaysshownon line17)
19.Penalty (Add amounts on line18)showthisamount i nthe spaceprovided o n Form500or501. . . . . . . . . . . . . . .
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