California Form 5805 - Underpayment Of Estimated Tax By Individuals And Fiduciaries - 2013 Page 2

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Part II Required Annual Payment. All filers must complete this part.
.
1
Current year tax. Enter your 2013 tax after credits. See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1
00
.
2
Multiply line 1 by 90% (.90) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .2
00
.
3
Withholding taxes. Do not include any estimated tax payments on this line. See instructions . . . . . . . . . . . . . . . . . . . . . . . . 3
00
4
Subtract line 3 from line 1. If less than $500 (or less than $250 if married/RDP filing a separate return), stop here.
.
You do not owe the penalty. Do not file form FTB 5805 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4
00
5
Enter the tax shown on your 2012 tax return. See instructions. (110% (1.10) of that amount if the adjusted gross income
.
00
shown on that return is more than $150,000, or if married/RDP filing a separate return for 2013, more than $75,000). . . . 5
6
Required annual payment. Enter the smaller of line 2 or line 5. (If your California AGI is equal to or greater than
.
00
$1,000,000/$500,000 for married/RDP filing a separate return, use line 2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6
Short Method
Caution: See the instructions to find out if you can use the short method. If you answered “Yes’’ to Question 2 in Part I, skip this part and go to Part III.
If you answered “No’’ to Question 2 in Part I and you cannot use the short method, go to Worksheet II in the instructions (page 4).
.
00
7
Enter the amount, if any, from Part II, line 3 above . . . . . . . . . . . . . . . . . . . . . . . . . . . . .7
.
00
8
Enter the total amount, if any, of estimated tax payments you made . . . . . . . . . . . . . . . .8
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00
9
Add line 7 and line 8 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9
10
Total underpayment for the year. Subtract line 9 from line 6. If zero or less, stop here. You do not owe the
.
00
penalty. Do not file form FTB 5805 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10
.
00
11
Multiply line 10 by .02121370 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11
12
• If the amount on line 10 was paid on or after 4/15/14, enter -0-.
• If the amount on line 10 was paid before 4/15/14, enter the result of the following computation:
Amount on
Number of days paid
.
line 10
X
before 4/15/14
X
.00008 . . . . . . . . . . . . . . . . . . . . . . . 12
00
13
PENALTY. Subtract line 12 from line 11. Enter the result here and on Form 540, line 113;
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Long Form 540NR, line 123; or Form 541, line 42. Also, check the box for “FTB 5805.’’   . . . . . . . . . . . . . . . . . . . . .
13
00
Side 2 FTB 5805 2013
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