California Form 5805 - Underpayment Of Estimated Tax By Individuals And Fiduciaries - 2009 Page 3

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Maximum days in a rate period per quarter:

this payment is considered to be for the April 15th

If a subsequent payment does not reduce the

installment. The penalty for the April 15th

underpayment to zero, you will need to make an

Installment

Days in Rate

installment is figured to June 10th. The amount

additional computation in the column.

Period

of the payment to be applied to the June 15th

• First, count the number of days from the

installment is $700.

260

105

due date to the date paid and use the

199

105

Subsequent Payments. For purposes of

underpayment amount from Worksheet II,

computing the penalty, it may be helpful to make

line 8.

107

105

a list of any payments that you made after the

• Second, count the number of days from the

timely payments entered in Part I, line 2. If you

payment date to the end of the rate period,

Payment Application. Your payments are applied

made no other payments, follow the line-by-line

and subtract the amount of the subsequent

to any underpayment balance on an earlier

instructions for Part II.

payment from the underpayment amount from

installment. It does not matter if you designate a

Worksheet II, line 8.

If you made subsequent payments, you may

payment for a later period.

• Third, apply the rate for the applicable period.

need to make additional computations for the

Example: You had an underpayment for the

applicable column on the worksheet. However, if

April 15th installment of $500. The June 15th

the payment reduced the underpayment to zero,

installment required a payment of $1,200. On

there are no further computations to make for

June 10th, you sent in a payment of $1,200 to

that column. In that case, you count the number

cover the June 15th installment. However, $500 of

of days from the installment due date to the date

paid.

Worksheet II Regular Method to Figure Your Underpayment and Penalty.

Payment Due Dates

(a)

(b)

(c)

(d)

Part I Figure Your Underpayment

4/5/09

6/5/09

9/5/09

/5/0

Required Installments. See instructions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

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 answer “Yes’’ to a question in Part I). . . . . . . . . . . . . . .

COMPLETE LINE 3 THROUGH LINE 9 OF ONE COLUMN BEFORE GOING TO THE

NEXT COLUMN.

3 Enter amount, if any, from line 9 of previous column . . . . . . . . . . . . . . . . . . . . . . . . . .

4 Add line 2 and line 3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

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 the amount from line 2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

7 If the amount on line 6 is zero, subtract line 4 from line 5. Otherwise, enter -0- . . . . . .

8 Underpayment. If line 1 is equal to or more than line 6, subtract line 6 from

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 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 :

4/5/09

6/5/09

9/5/09

April 5, 009 — December 3, 009

Days:

Days

0 Number of days from the date shown above line 10 to the date the

amount on line 8 was paid or 12/31/09, whichever is earlier . . . . . . . . . . . . . . . . . . . .

Underpayment

Number of

on line 8

days on line 10

.05

(see instructions)

365

 $

Rate Period :

/0/0

/5/0

January , 00 — April 5, 00

Days:

Number of days from the date shown above line 12 to the date the

amount on line 8 was paid or 4/15/10, whichever is earlier . . . . . . . . . . . . . . . . . . . . .

Underpayment

Number of

on line 8

days on line 12

.04

(see instructions)

365

 3 $

4 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, and on Forms 540/540A, line 113; Long Form 540NR, line 123;

or Form 541, line 42, and fill in the circle on that line . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

4 $

Page 4 FTB 5805 Instructions 2009