Corporation Estimated Tax Payments Instructions For Form 355-Es Payment Vouchers

Corporation Estimated Tax Worksheet

Total tax for prior year

Overpayment from last year to be credited

Estimated tax for the year ending ______

(date)

to estimated tax for this year

$____________________________________

$ __________________________________

$________________________________

If you first meet the requirements for making estimated payments

in the taxable year, use the Amended Estimated Tax Payment

1st

2nd

3rd

4th

Schedule below.

installment

11. Amount of each installment. Enter 40% of item c for

installment 1. For 2nd, 3rd and 4th installments use 25%,

25% and 10% of item c, respectively. Note: Corporations

in their first full taxable year with 1–9 employees should

use 30%, 25%, 25% and 20% respectively.

12. Enter amount of overpayment from last year applied to an

installment, if any.

13. Amount due. Subtract line 2 from line 1.

Amended Estimated Tax Payment Schedule

1. Enter total tax for prior year, if any . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1

2. Enter overpayment from last year, if any, to be credited to estimated tax this year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2

3. Enter recomputed Estimated Tax for 2013, if amending. (Enter estimated tax for first meeting the requirement

for making estimated payments in the 2nd, 3rd or 4th quarter.) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3

a. If amending your estimated tax in the 2nd, 3rd or 4th quarter, multiply line 3 by the appropriate installment

percentage amount, then subtract previous amounts paid and overpayments applied to date, if any. . . . . . . . . . . . . . . a

Enter the item a amount in the proper column of line 1 in the Estimated Tax Worksheet (above) and adjust or complete the remaining applicable items.

2013 Record of Estimated Tax Payments

Total amount paid and

2012 overpayment

credited through the

Voucher

credit applied to

installment date shown.

number

Date

Amount paid

installment

A A d d d d b b a a n n d d c c

Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Please submit the vouchers, with your payments, when due. Make all checks payable to: Commonwealth of Massachusetts.

An additional charge is imposed by law on any underpayment of estimated tax. In addition to the above, corporations may be subject to a fine of up to

$100,000 for willful failure to pay an estimated tax and a fine of up to $500,000 and/or imprisonment up to five years for willful evasion of taxes.

If forms are lost, contact the Massachusetts Department of Revenue, Customer Service Bureau, PO Box 7010, Boston, MA 02204.

Telephone: (617) 887-MDOR, or toll-free in-state 1-800-392-6089.

Practitioners: You must obtain prior approval if you plan to use substitute vouchers.

Corporation Estimated Tax Payments Instructions For Form 355-Es Payment Vouchers - 2013 Page 2

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