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MONTANA

EXT-FID-08

2008 Extension Payment Worksheet

New 08-08

Instructions are at the bottom of this sheet

15-30-144, MCA

Name of estate or trust

Federal employer identiﬁ cation number

Complete lines 1 through 9 to determine your 2008 ﬁ ling extension payment.

1. Enter 100% of your 2007 tax liability, as reported on your 2007 Form FID-3, line 52. .........1.

2. Enter your total tax due from your 2008 Form FID-3, line 48. If you are not able to calculate

your 2008 tax due, enter the amount from line 1 above on line 4, then go to line 5. ............2.

3. Multiply line 2 by 90% (0.90) and enter the result. ...............................................................3.

4. Enter the smaller of line 1 or line 3 here. .............................................................................................................. 4.

5. Enter the amount of your 2008 Montana income tax withheld and the mineral royalty tax

withheld that is reported on federal Form(s) W-2 or 1099. ...................................................5.

6. Enter the amount of your 2008 estimated tax payments. (Include in this amount, when

applicable, your 2007 overpayment that was credited to 2008 and any tax withheld by your

S corporation or partnership reported to you on Montana Form PT-WH.)............................6.

7. Enter the amount of your 2008 refundable credits. (This includes your ﬁ lm employment

production credit, ﬁ lm qualiﬁ ed expenditures credit, Insure Montana credit, or temporary

emergency lodging credit.) ...................................................................................................7.

8. Add lines 5, 6, and 7 and enter the result here. This is your total payments and credits. ............................... 8.

9. If line 8 is greater than line 4, enter zero on line 9. You do not have to make an extension payment. If line 8

is less than line 4, subtract line 8 from line 4 and enter the result on line 9. This is the amount that you

owe on or before April 15, 2009 to receive an extension to ﬁ le your tax return. .......................................... 9.

If you have more than $1 on line 9, complete the Montana Estate or Trust Payment Voucher and mail it with your payment to the Montana

Department of Revenue, PO Box 8021, Helena, MT 59604-8021.

General Instructions

How can I get an extension of time to ﬁ le my Montana income

Montana income tax return. Do not send us a copy of your federal

tax return?

Form 7004 prior to ﬁ ling your Montana income tax return.

I have a valid Montana extension but did not pay my entire

NEW

For ﬁ duciary tax returns due on or after January 1, 2009,

2008 income tax liability by April 15, 2009. Am I subject to

the automatic extension is now ﬁ ve months instead of six months.

penalties and interest on my payment?

You can be granted an extension of time for ﬁ ling your Montana

income tax return if you meet both of the following requirements:

Yes, you are. It is important to note that any extension of time to ﬁ le

your Montana income tax return is not an extension of time to pay

By April 15, 2009 you have applied to the Internal Revenue

your income tax liability. If you have a valid Montana extension but

Service by ﬁ ling federal Form 7004 for an automatic ﬁ ve-month

you have not paid your entire 2008 income tax liability by April 15,

extension to ﬁ le your federal income tax return, and

2009, you are relieved of late ﬁ le penalties but you are not relieved

You have paid 90% of your 2008 Montana income tax

of late pay penalties and interest on your outstanding Montana

liability or 100% of your 2007 Montana income tax liability

income tax liability.

through your estimated tax payments, your withholding tax,

If you do not pay the full amount of your 2008 income tax liability

or a combination of both your estimated and withholding tax

by April 15, 2009, you will be charged a late payment penalty. This

payments.

penalty is 1.2% per month or fraction of a calendar month on the

Even though you have applied for an automatic ﬁ ve-month federal

unpaid tax. This penalty cannot exceed 12% of your tax due.

extension, this does not guarantee that you have a Montana

If you do not pay your tax liability by April 15, 2009, you will be

extension unless you have met one of the requirements listed in

charged interest at a rate of 8% per year accruing daily beginning

number 2 above on or before April 15, 2009. If you do not meet one

on the due date of your return and continuing until your tax is paid.

of the requirements in number 2 above, you do not have a valid

Montana extension.

How can I make an extension payment?

In order to further complete your Montana extension, you have to

You will need to complete this form to determine the amount of

check the extension indicator box on the bottom right hand corner

your extension payment. Attach your payment to the payment

of Montana Form FID-3 and attach a copy of your federal Form

voucher and mail by April 15, 2009.

7004 “Application for Automatic Extension of Time To File Certain

If you are a ﬁ scal year taxpayer, your payment is due on or before

Business Income Tax, Information, and Other Returns” to your

the 15th day of the fourth month after the close of your tax year.

175

Form Ext-Fid-08 - Extension Payment Worksheet - 2008 And Form Esw-Fid - 2009 Montana Fiduciary Estimated Income Tax Worksheet

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