Form 10 - Underpayment Of Oregon Estimated Tax - 2008
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1
22008
Underpayment of
For Office Use Only
FoRM
10
Date Received
oregon Estimated tax
File with your 2008 Oregon individual income tax return
Name
Social Security Number
–
–
ExcEptIoN to pAyINg INtEREst
1. I am claiming an exception to the imposition of estimated payment interest because I qualified
for relief under ORS 316.573 or 316.587. See instructions and write in the exception number
Exception No._______
you are claiming here and on Form 40, box 51a; or Form 40N or Form 40P, box 69a ..................................... 1
pARt A—Figure your required annual payment
.00
2. 2008 net income tax from Form 40, line 41; or Form 40N or Form 40P, line 58 ............................................... 2
3. 2008 refundable tax credit amounts you claimed on Form 40, lines 44–46; or
.00
Form 40N or Form 40P, lines 62–64 .........................................................................................................................3
.00
4. Line 2 minus line 3 ............................................................................................................................................. 4
.00
5. Multiply line 4 by 90% (0.90) ............................................................................................5
.00
6. 2008 Oregon income tax withheld from income ................................................................................................ 6
.00
7. Line 4 minus line 6. If less than $1,000, stop here! You do not owe underpayment interest .......................... 7
.00
8. Enter your 2007 tax after nonrefundable and refundable credits (see instructions) .......................................... 8
.00
9. Required annual payment. Enter the smaller of line 5 or line 8 (line 5 if 2007 return not timely filed) ............. 9
Note: If line 6 is equal to or more than line 9, stop here! You do not owe underpayment interest. Attach this form to your return.
A
B
c
D
pARt B—Figure your required periodic payment
10. Payment period due date ............................................................ 10
April 15, 2008
June 16, 2008
Sept. 15, 2008
Jan. 15, 2009
11. Divide the amount on line 9 by four and enter the amount
in each column, or if you use the Annualized Income
Worksheet on the back of this form, enter the amounts
from line 31 here (see instructions), and check box 51b on
Form 40 or 61b on Form 40N or 40P .......................................... 11
pARt c — Figure your interest (
See page 3 of the instructions)
No. of
Monthly
No. of
Daily
Interest
Date
Event
Amount
Running Balance
Months
Rate
Days
Rate
Due
.
.
4/15/08
Req. Pymt.
12.
13. 4/15/08
Withholding
.
.
0.007500
0.000247
.
14.
Payment
.
.
0.007500
0.000247
.
.
.
.
15.
Payment
0.007500
0.000247
.
.
.
16.
Payment
0.007500
0.000247
17. 6/16/08
Req. Pymt.
.
.
18. 6/16/08
Withholding
.
.
0.007500
0.000247
.
.
.
.
19.
Payment
0.007500
0.000247
.
.
.
20.
Payment
0.007500
0.000247
21.
Payment
.
.
0.007500
0.000247
.
22. 9/15/08
Req. Pymt.
.
.
.
.
.
23. 9/15/08
Withholding
0.007500
0.000247
.
.
.
24.
Payment
0.007500
0.000247
25.
Payment
.
.
0.007500
0.000247
.
26.
Payment
.
.
0.007500
0.000247
.
27. 1/15/09
Rate Chg.
.
.
.
28. 1/15/09
Req. Pymt.
29. 1/15/09
Withholding
.
.
0.0050
0.000164
.
30.
Payment
.
.
0.0050
0.000164
.
31.
Payment
.
.
0.0050
0.000164
.
.
.
.
32.
Payment
0.0050
0.000164
33. 4/15/09
— Do not calculate interest after April 15, 2009 —
34. total interest due. Add the amounts in the interest column. Round to the nearest
.00
whole dollar and enter here and on Form 40, line 51; or Form 40N or Form 40P, line 69 .............................. 34
150-101-028 (Rev. 12-08) DRAFT 09-29-08
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