Form 5805 - Underpayment Of Estimated Tax By Individuals And Fiduciaries - 1998 Page 3

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Regular Method to Figure Your Underpayment and Penalty.
Worksheet II
Payment Due Dates
Part I
Figure Your Underpayment
(a)
(b)
(c)
(d)
4/15/98
6/15/98
9/15/98
1/15/99
1
1 Required installments. See instructions . . . . . . . . . . . . . . . . . . . . . . . . .
2 Estimated tax paid and tax withheld. See instructions. For column (a) only, also
enter the amount from line 2 on line 6. (If line 2 is equal to or more than line 1
for all payment periods, stop here; you do not owe the penalty. Do not file form
FTB 5805 unless you answered ‘‘Yes’’ to a question in Part I) . . . . . . . . . . . . .
2
3
3 Enter amount, if any, from line 9 of previous column . . . . . . . . . . . . . . . . . .
COMPLETE LINE 3 THROUGH LINE 9 OF ONE COLUMN BEFORE GOING TO THE
NEXT COLUMN.
4
4 Add line 2 and line 3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5
5 Add amounts on line 7 and line 8 of the previous column . . . . . . . . . . . . . . .
6 Subtract line 5 from line 4. If zero or less, enter -0-. For column (a) only, enter
6
the amount from line 2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
7 If the amount on line 6 is zero, subtract line 4 from line 5.
Otherwise, enter -0-. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
7
8 Underpayment. If line 1 is equal to or more than line 6, subtract line 6 from
8
line 1. Then go to line 3 of next column. Otherwise, go to line 9 . . . . . . . .
9 Overpayment. If line 6 is more than line 1, subtract line 1 from line 6. Then go to
9
line 3 of next column . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Part II
Figure the Penalty. Complete line 10 through line 13 of one column before going to the next column.
Rate Period 1:
4/15/98
6/15/98
9/15/98
Days:
Days:
Days:
April 15, 1998 — December 31, 1998
10 Number of days FROM the date shown above line 10 TO the date the
amount on line 8 was paid or 12/31/98, whichever is earlier . . . . . . . . . . . . . .
10
11
Underpayment
Number of
on line 8
X
days on line 10
X
.09
11
$
$
$
(see instructions)
365
Rate Period 2:
1/1/99
1/1/99
1/1/99
1/15/99
Days:
Days:
Days:
Days:
January 1, 1999 — April 15, 1999
12 Number of days FROM the date shown above line 12 TO the date the
12
amount on line 8 was paid or 4/15/99, whichever is earlier. . . . . . . . . . . . . . .
13
Underpayment
Number of
on line 8
X
days on line 12
X
.08
$
$
$
$
13
(see instructions)
365
14 PENALTY.
Add all amounts on line 11 and line 13 in all columns. Enter the total here, on Form FTB 5805, Side 1, Part II, line 13,
$
14
and on Form 540, line 63; Form 540A, line 37; Form 540NR, line 72; or Form 541, line 39. Also check the box on that line . . . .
Page 4 FTB 5805 Instructions 1998

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