California Form 5805 - Underpayment Of Estimated Tax By Individuals And Fiduciaries - 2013 Page 3

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Part III Annualized Income Installment Method Schedule.
Use this schedule ONLY if you earned taxable income at an UNEVEN RATE during 2013 (See Example A). If you earned your income at approximately the same rate each
month (See Example B), then you should not complete this schedule. If you choose to figure the penalty, see Worksheet II, Regular Method to Figure Your Underpayment
and Penalty, on page 4 of the instructions.
Example A: If you were a commissioned salesperson who earned no income during the first three months of the year, earned most of your income during the following six
months, and earned very little during the last three months, you should complete this schedule. You may be able to benefit by using the annualized income installment method.
The required installment of estimated tax figured using the annualized method may be less than your required installment figured using the required installment method.
Example B: If you worked all year and earned a monthly salary that did not change much during the year, you should not complete this schedule.
To complete this schedule correctly, you must first complete Side 2, Part II, line 1 through line 6.
Estates and trusts, do not use the period ending dates shown to the right.
(a)
(b)
(c)
(d)
Instead, use the following: 2/28/13, 4/30/13, 7/31/13, and 11/30/13.
1/1/13 to
1/1/13 to
1/1/13 to
1/1/13 to
Fiscal year filers must adjust dates accordingly.
3/31/13
5/31/13
8/31/13
12/31/13
1
Enter your California adjusted gross income (AGI) for each period.
Long Form 540NR filers, see instructions. Estates or Trusts, enter the amount from
Form 541, line 20 attributable to each period. See instructions . . . . . . . . . . . . . . . . .
1
2
Annualization amounts. Estates or Trusts, see instructions . . . . . . . . . . . . . . . . . . . .
2
4
2.4
1.5
1
3
3
Annualized income. Multiply line 1 by line 2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
4
Enter your itemized deductions for the period shown in each column. If you
do not itemize deductions, enter -0- here and on line 6. Estates or Trusts,
enter -0- here, skip to line 9, and enter the amount from line 3 on line 9 . . . . . . . . . .
4
5
Annualization amounts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5
4
2.4
1.5
1
6
Annualized itemized deductions. Multiply line 4 by line 5. See instructions . . . . . . . .
6
7
Enter your standard deduction from your 2013 Form 540, or
Long Form 540NR, line 18. Enter the total standard deduction amount
in each column. See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
7
8
Enter line 6 or line 7, whichever is larger . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8
9
Subtract line 8 from line 3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9
10
Figure the tax on the amount in each column of line 9 using the tax table or the tax rate
schedule in the instructions for Form 540, Long Form 540NR, or Form 541.
Also, include any tax from form FTB 3803. Estates or Trusts, see instructions . . . . . . .
10
11
Enter the total amount of exemption credits from your 2013 Form 540,
line 32 or Form 541, line 22. If you filed a Long Form 540NR, see instructions. . . . .
11
12
Subtract line 11 from line 10. Long Form 540NR filers, complete Worksheet I on
page 3 of the instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
12
13
Enter the total credit amount from your 2013 Form 540, line 47; or Form 541, line 23.
Long Form 540NR filers, see instructions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
13
14
a Subtract line 13 from line 12. If zero or less, enter -0- . . . . . . . . . . . . . . . . . . . . .
14a
b Enter the alternative minimum tax and mental health tax. See Instructions . . . . . . .
14b
c Add line 14a and line 14b . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
14c
d Enter the excess SDI from Form 540, line 74 or
Long Form 540NR, line 84 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
14d
e Subtract line 14d from line 14c. If zero or less, enter -0- . . . . . . . . . . . . . . . . . . .
14e
15
Applicable percentage. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
15
27%
63%
63%
90%
16
Multiply line 14e by line 15. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
16
Complete Line 17 through Line 23 of each column before you go to the next column.
17
Enter the combined amounts shown on line 23 from all preceding columns . . . . . . .
17
18
Subtract line 17 from line 16. If zero or less, enter -0- . . . . . . . . . . . . . . . . . . . . . . . .
18
19
Enter 30% of the amount shown on form FTB 5805, Part ll, line 6 in columns (a & d),
enter 40% of the amount on line 6 in column b, enter -0- in column c. . . . . . . . . . . . . .
19
0.00
20
20
Enter the amount from line 22 from the preceding column . . . . . . . . . . . . . . . . . . . .
21
Add line 19 and line 20 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
21
22
Subtract line 18 from line 21. If zero or less, enter -0- . . . . . . . . . . . . . . . . . . . . . . . .
22
23
Enter line 18 or line 21, whichever is less. Transfer these amounts to Worksheet II,
Regular Method to Figure Your Underpayment and Penalty, line 1. . . . . . . . . . . . . . .
23
If you use the annualized income installment method for one payment due date, you must use it for all payment due dates.
This schedule automatically selects the smaller of your annualized income installment or your regular installment.
FTB 5805 2013 Side 3
7673133

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