Form It-540es - Worksheet For Estimating Your 2000 Louisiana Income Tax - 2000 Page 2
ADVERTISEMENT
1
2IT-540ES(I) 2000
Worksheet for Estimating Your 2000 Louisiana Income Tax
Keep for your records. Do not mail.
Lines 1 through 7 of this worksheet correspond to Lines 11 through 17B of the 1999 Louisiana Income Tax Form IT-540.
Form IT-540 and instructions for 1999 should be used as a guide.
1. Estimated adjusted gross income less federal excess itemized deductions ............................................ 1.
00
2. Estimated federal income tax for 2000 ........................................................................................................... 2.
00
3. Your estimated Louisiana tax table income. (Subtract Line 2 from Line 1.)
Use this figure to find your tax from the tax table. Round to the nearest dollar. ................................................ 3.
00
4. Estimated Louisiana income tax. (Enter the amount from the tables here.)
Nonresidents calculate tax using worksheet in IT-540B. .................................................................................... 4.
00
5. Less:Total estimated credits from Line 15C. Round to the nearest dollar ......................................................... 5.
00
6. Adjusted Louisiana income tax (Subtract Line 5 from Line 4. If less than zero, enter zero.) ........................ 6.
00
7. Less: Louisiana income tax to be withheld in 2000, including credits carried forward.
7.
00
Round to the nearest dollar. .....
8. Estimated income tax (Subtract Line 7 from Line 6.) ....................................................................................... 8.
00
If you first become liable to
Then enter on Line 9 and in “Amount of
9.
file a declaration on or before:
Payment” block on Form IT-540 ES
1
April 15, 2000
/
of Line 8 (Make 4 installments.)
4
1
June 15, 2000
/
of Line 8 (Make 3 installments.)
3
September 15, 2000
1
/
of Line 8 (Make 2 installments.)
2
January 15, 2001
Line 8 must be paid in full.
............................................................................................................................................................................. 9.
00
Note: If your estimated tax should change during the year, you may use the amended computation below to
determine the amended amount to be entered on the declaration voucher.
Amended computation
Use if estimated tax is substantially changed after the first declaration voucher is filed.
1. Amended estimated tax ................................................................................................................................... 1.
00
2. Less: A. Amount of last year’s overpayment elected for credit to 2000 estimated tax and applied to date . 2A.
00
B. Payments made on 2000 declaration ............................................................................................... 2B.
00
C. Total of Lines 2A and 2B ................................................................................................................... 2C.
00
3. Unpaid Balance (Line 1 less Line 2C) .............................................................................................................. 3.
00
4. Amount to be paid (Line 3 divided by number of remaining installments)
Enter here and in “Amount of Payment” block on declaration voucher. ............................................................ 4.
00
How to use the declaration voucher
1.
Fill out the worksheet above to figure your estimated tax for
4.
Detach the voucher at the perforation and attach check or
2000. Lines 1 through 7 of the worksheet correspond to Lines
money order. Fill in the Record of Estimated Tax Payment
11 through 17B of the 1999 Louisiana income tax Form IT-
schedule at the bottom of this page.
540. Therefore, Form IT-540 and instructions for 1999 should
5.
Insert voucher and payment into the pre-addressed enve-
be used as a guide.
lope and mail. For each later installment, you need to com-
If you prepared a 1999 return on Form IT-540 or Form IT-
plete only the “Amount of Payment” block on the voucher,
540B and expect your income in 1999 to be the same as it
attach payment, insert in the envelope, and mail. However, if
was for 1999, you may compute your estimated tax using
you must amend your estimate:
the information from your 1999 return. The figures used
a. Fill out the Amended Computation Schedule above.
should be adjusted for factors that apply to 2000, but did not
b. Complete the “Amount of Payment” block on the voucher.
apply to 1999.
c. Detach at the perforation and mail with the required pay-
2.
Check your Social Security Number, name, and address on
ment. For each later installment, complete the “Amount of
the voucher and correct any errors.
Payment” block on the voucher, attach payment, insert in
3.
Enter the amount shown on Line 9 of the worksheet in the
the envelope, and mail.
“Amount of Payment” block on the voucher.
Record of estimated tax payments
Voucher number
Date
Amount
Total amount paid to date
1
2
3
4
Total
ADVERTISEMENT
0 votes
Related Articles
Related forms
Related Categories
Parent category: Financial