Form Rpd-41287 12 - Calculation Of Estimated Corporate Income Tax - Penalty And Interest On Underpayment - New Mexico Taxation And Revenue Department - 2012 Page 2

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RPD-41287 12
New Mexico Taxation and Revenue Department
Rev. 12/3/2012
2012 Calculation of Estimated Corporate Income Tax
Penalty and Interest on Underpayment
(page 2 of 3)
Section III: Compute the interest on underpayment of esti-
mated installment payments. Complete Section III to calculate
1st Quarter 2nd Quarter 3rd Quarter
4th Quarter
the interest you owe.
(d)
(a)
(b)
(c)
9. Enter the underpayment of estimated tax for the quarter, from line 6
9.
of Section I.
10. Enter the due date of the installment from line 1 of Section I.
10.
11. Enter the date of the payment or the due date of the return, whichever
is earlier. (See instructions.) Include only payments made after the
11.
due date of the installment payment reported on line 7, Section I.
12. Number of days from the due date of the installment (line 10) to the
12.
date shown on line 11.
13.
13. Number of days on line 12, after 4/15/2012 and before 7/1/2012.
3
14. Underpayment on line 9 X Number of days on line 13 X ____% =
14.
365
15.
15. Number of days on line 12, after 6/30/2012 and before 10/1/2012.
3
16. Underpayment on line 9 X Number of days on line 15 X ____% =
16.
365
17.
17. Number of days on line 12, after 9/30/2012 and before 1/1/2013.
18. Underpayment on line 9 X Number of days on line 17 X ____% =
3
18.
365
19.
19. Number of days on line 12, after 12/31/2012 and before 4/1/2013.
3
20. Underpayment on line 9 X Number of days on line 19 X ____% =
20.
366
21.
21. Number of days on line 12 after 3/31/2013 and before 7/1/2013.
Number of days on line 21
22. Underpayment on line 9 X
X ____% =
22.
366
23. Number of days on line 12, after 6/30/2013 and before 10/1/2013.
23.
24. Underpayment on line 9 X Number of days on line 23 X _____% =
24.
366

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