IT-2105.9 (2014) (back)
Part 3 – Regular method – Schedule B – Computing the penalty
6/15/14
Payment due dates
A
4/15/14
B
C
9/15/14
D
1/15/15
.
.
.
.
30
00
00
00
00
30 Amount of underpayment
..........
(from line 29)
First installment (April 15 - June 15, 2014)
=
-
31 April 15
June 15
61
365
7.5%
.01253
÷
=
(
)
×
- or -
=
April 15 -
.
365
7.5%
÷
=
(
)
×
31
32 Multiply line 30, column A by line 31 .............
.
32
00
Second installment (June 15 - September 15, 2014)
33 June 15 - September 15
365
7.5%
=
÷
=
(
)
×
92
.01890
- or -
365
7.5%
.
=
÷
=
(
)
June 15 -
×
33
34 Multiply line 30, column B by line 33 ................................................... 34
.
00
Third installment (September 15, 2014 - January 15, 2015)
35 September 15 - January 15
365
7.5%
.02506
÷
=
(
)
=
×
122
- or -
.
September 15 -
365
7.5%
=
÷
=
(
)
×
35
36 Multiply line 30, column C by line 35 .......................................................................................
.
36
00
Fourth installment (January 15 - April 15, 2015)
365
7 .5%
=
÷
=
(
)
×
37 January 15 - April 15
90
.01848
- or -
365
7.5%
=
÷
=
.
(
)
×
January 15 -
37
38 Multiply line 30, column D by line 37 .............................................................................................................................
.
38
00
39 Penalty. Add lines 32, 34, 36, and 38. Enter here and on Form IT-201, line 81;
Form IT-203, line 71; or Form IT-205, line 42 ..........................................................................................
.
39
00
Submit this form with your New York State return.
059002140094