Form 1120-W - Estimated Tax For Corporations - 1997 Page 3
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2
3
4
5
63
Form 1120-W (WORKSHEET) 1997
Page
(a)
(b)
(c)
(d)
First 4
First 6
First 9
Entire year
months
months
months
20
Add lines 17 through 19.
20
21
Divide line 20 by 3.
21
22
Divide line 15 by line 21.
22
23
Figure the tax on the amount on line 22 by following the same
steps used to figure the tax for line 14, page 1 of Form 1120-W.
23
24
Divide the amount in columns (a) through (c) on line 16a by
the amount in column (d) on line 16a.
24
25
Divide the amount in columns (a) through (c) on line 16b by
the amount in column (d) on line 16b.
25
26
Divide the amount in columns (a) through (c) on line 16c by
the amount in column (d) on line 16c.
26
27
Add lines 24 through 26.
27
28
Divide line 27 by 3.
28
29
Multiply the amount in columns (a) through (c) of line 23 by
the amount in the corresponding column of line 28. In
column (d), enter the amount from line 23, column (d).
29
30
Enter other taxes for each payment period (see instructions).
30
31
Total tax. Add lines 29 and 30.
31
32
For each period, enter the same type of credits as allowed
on lines 15 and 20, page 1 of Form 1120-W (see instructions).
32
33
Total tax after credits. Subtract line 32 from line 31. If zero
or less, enter -0-.
33
34
Add the amounts in all preceding columns of line 41 (see
instructions).
34
35
Adjusted seasonal installments. Subtract line 34 from line
33. If zero or less, enter -0-.
35
Part III—Required Installments
1st
2nd
3rd
4th
installment
installment
installment
installment
36
If only one of the above parts is completed, enter the amount
in each column from line 13 or line 35. If both parts are
completed, enter the smaller of the amounts in each column
from line 13 or line 35.
36
37
Divide line 22b, page 1 of Form 1120-W, by 4, and enter
the result in each column. (Note: “Large corporations,” see
the instructions for line 24 for the amount to enter.)
37
38
Enter the amount from line 40 for the preceding column.
38
39
Add lines 37 and 38.
39
40
If line 39 is more than line 36, subtract line 36 from line 39.
Otherwise, enter -0-.
40
41
Required installments. Enter the smaller of line 36 or line
39 here and on line 24, page 1 of Form 1120-W.
41
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