Form Qu-02 - Underpayment Of Estimated Payments

ADVERTISEMENT

QU-02
PORTLAND CITY BUSINESS LICENSE
MULTNOMAH COUNTY BUSINESS INCOME TAX
Taxable Year ____/____/____ to ____/____/____
Underpayment of Estimated Payments
Portland License Fee
Multnomah County Business Income Tax
Please check one box
Name
Account #
Part I - Underpayment
1. License Fee or Income Tax (from City/County return line 22; or line 12).........1._____________
(Note: If line 1 is under $1,000, or the previous year's fee or tax was under $1,000, this form does not need to be
completed).
2. 90% of amount on line 1 (line 1 X .90).............................................................2.____________
3. Divide the amount on line 2
by 4 (number of payments).
1st Quarter
2nd Quarter
3rd Quarter
4th Quarter
Fill in the result for each
quarter........................................
3
4. Estimated tax/fee paid this
year for each quarter..................
4
5. Refund from last year applied
to this year's tax/fee...................
5
6. Overpayment from line 8 from
previous quarter.........................
6
7. Total tax/fee paid......................
7
8. Overpayment. If line 7 is more
than line 3, enter difference.......
8
9. Underpayment. If line 7 is less
than line 3, enter difference.......
9
Part II - Interest on Underpayments
10. Amount of underpayment
1st Quarter
2nd Quarter
3rd Quarter
4th Quarter
for each quarter from
line 9. Part I. ...........................
10
11. Date estimated payment due...
11
12. Date underpayment amount
was paid or due date of return,
whichever is earlier..................
12
13. Number of months between
dates on line 11 and 12...........
13
14. Interest due (months on line 13
X .00833 X amount on line 10)
14
15. Total interest due (add line 14
sums for all quarters)...........
15
Form QU-02
(SEE REVERSE SIDE FOR ADDITIONAL INSTRUCTIONS)
City of Portland Business License Program
Multnomah County Business Income Tax Program

ADVERTISEMENT

00 votes

Related Articles

Top 20 Happy Easter Cards And Gift Tags To Download For Free
Top Ten Easter Arts And Crafts Activities For Your Kids
Free Easter Coloring Pages And Easter Printables For Your Kids

Related forms

Form Qu-2008 - Underpayment Of Estimated Payments Form Qu-2008 - Underpayment Of Estimated Payments Financial
Form Qu-2006 - Underpayment Of Estimated Payments Form Qu-2006 - Underpayment Of Estimated Payments Financial
Form Qu-2016 - Underpayment Of Estimated Payments Form Qu-2016 - Underpayment Of Estimated Payments Financial
Form Qu-2005 - Underpayment Of Estimated Payments Form Qu-2005 - Underpayment Of Estimated Payments Financial
Form Qu-2009 - Underpayment Of Estimated Payments Form Qu-2009 - Underpayment Of Estimated Payments Financial
Form Qu-2007 - Underpayment Of Estimated Payments Form Qu-2007 - Underpayment Of Estimated Payments Financial
Form Qu-2014 - Underpayment Of Estimated Payments Form Qu-2014 - Underpayment Of Estimated Payments Financial
Form Qu-2011 - Underpayment Of Estimated Payments Form Qu-2011 - Underpayment Of Estimated Payments Financial
Form Qu-2010 - Underpayment Of Estimated Payments Form Qu-2010 - Underpayment Of Estimated Payments Financial
Form Qu-2012 - Underpayment Of Estimated Payments Form Qu-2012 - Underpayment Of Estimated Payments Financial

Related Categories

Parent category: Financial
Download
Go