Form D-40es Instructions - Estimated Payment For Individual Income Tax (2007) - Office Of Tax And Revenue - District Of Columbia Page 5

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Worksheet to Estimate DC Tax Payments
a Federal adjusted gross income expected for 2007
a
b Deduction amount
b
If you expect to itemize your deductions, enter the estimated deduction amount.
If you expect to take a standard deduction, for married fi ling separately, enter $1,250; all others enter $2,500.
c
c
Subtract Line b from Line a.
d Number of exemptions
d
e Exemption amount
e
Multiply $1,500 by Line d.
f
Estimated taxable income
f
Subtract Line e from Line c.
g DC tax
g
Use the tax rate table on page 7.
h DC income tax to be withheld during 2007
h
i
Property tax credit
i
If you have none, make no entry — leave blank.
j
Other DC credits
j
EITC, Low Income Credit, or credit for child care. If you have none, leave blank.
k Schedule L, Lower Income Long-Term Homeowner Credit.
k
If none, leave blank .
l
l
Add Lines h-k.
m Estimated DC tax
m
Subtract Line l from Line g.
n Amount of each payment
n
Divide Line l by the number of voucher payments due this year. Apply any overpayment
from your 2006 return any way you wish, see page 9.

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