California Form 5805f - Underpayment Of Estimated Tax By Farmers And Fishermen - 2012 Page 3

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2012 Underpayment of Estimated Tax Worksheet

Keep this worksheet for your records.

1 Enter total taxable income from your 2012 Forms 540/540A or Long/Short Form 540NR, line 19, Form 541, line 20 . . . . . . 1 __________________

2 Forms 540/540A and Form 540NR filers figure the tax on the amount on line 1 using the tax rate schedule below,

unless form FTB 3800, Tax Computation for Children with Investment Income, is attached. If form FTB 3800

is attached, complete a second form FTB 3800 using the tax rate schedule below and enter the recalculated

amount from the second form FTB 3800, line 18 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 __________________

If form FTB 3803 is attached, complete a second form FTB 3803 using the tax rate schedule below. Add the amount

of tax from each Form FTB 3803, line 9, to any tax you entered on line 2.

3 Form 541 filers use the single tax rate schedule below.

a Figure the tax on the amount on line 1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3a __________________

b Enter the amount from Form 541, line 21b and 21c . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3b __________________

c Add line 3a and line 3b, enter the total here and on line 6, below . . . . . . . . . . . . . . . . . . . . . 3c __________________

4 Nonresidents

a Enter your California taxable income, Long/Short 540NR, line 35 . . . . . . . . . . . . . . . . . . . . . . 4a___________________

b Compute the CA Tax Rate: Tax on total taxable income from line 2 . . . . . . . . . . . . . . . . . . . . 4b ___.___ ___ ___ ___

Total taxable income from line 1

c Multiply the amount on line 4a by the CA Tax Rate on line 4b . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .4c _________________

5 Enter the amount from Forms 540/540A, line 32 or Long/Short Form 540 NR, line 39 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 __________________

6 Residents subtract the amount on line 5 from line 2, Nonresident subtract the amount on line 5 from line 4c . . . . . . . . . . . 6 __________________

7 Enter the amount from Form 540, line 47, 540A, line 47, Long Form 540NR, line 62, or

Short Form 540NR, line 61, Form 541, line 24 (total credits) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 __________________

8 Subtract the amounts on line 7 from line 6 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 __________________

9 Alternative Minimum Tax, Form 540 filers, enter the amount from Sch P, line 24 less line 2, above. Form 540NR filers,

enter the amount from Sch P, line 43 less line 4c, above. Form 541 filers, enter the amount from Sch P, Part III, line 8

less line 3a, above. If less than zero, enter zero. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 __________________

10 Enter the amount from Forms 540/540A, line 62 or Long Form 540NR, line 72,

Form 541, line 27(Mental Health Services Tax) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 __________________

11 Add the amounts on line 8, line 9, and line 10 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 __________________

12 Enter the amount from Forms 540/540A, line 74 or Long Form 540NR, line 84 (Excess SDI or VPDI) . . . . . . . . . . . . . . . . . 12 __________________

13 Subtract line 12 from line 11. Enter the amount here and on FTB Form 5805F, Part 1, Line 4 . . . . . . . . . . . . . . . . . . . . . . . . 13 __________________

2012 California Tax Rate Schedule for Computing the Underpayment Penalty ONLY

If the amount on line 1 above is

of the

over –

But not over –

Enter on line 2

amount over –

0 $

7,455

0.00 + 1.00%

0.00

Schedule X –