Schedule Nd-1ut - Calculation Of Interest On Underpayment Or Late Payment Of Estimated Income Tax For Individuals - 2013

Download a blank fillable Schedule Nd-1ut - Calculation Of Interest On Underpayment Or Late Payment Of Estimated Income Tax For Individuals - 2013 in PDF format just by clicking the "DOWNLOAD PDF" button.

Open the file in any PDF-viewing software. Adobe Reader or any alternative for Windows or MacOS are required to access and complete fillable content.

Complete Schedule Nd-1ut - Calculation Of Interest On Underpayment Or Late Payment Of Estimated Income Tax For Individuals - 2013 with your personal data - all interactive fields are highlighted in places where you should type, access drop-down lists or select multiple-choice options.

Some fillable PDF-files have the option of saving the completed form that contains your own data for later use or sending it out straight away.

Schedule

North Dakota Ofﬁ ce of State Tax Commissioner

2013

Calculation of interest on underpayment

ND-1UT

or late payment of estimated income tax

Attach to Form ND-1

for individuals

Name(s) shown on return

Social security number

IMPORTANT:

Read the instructions on the reverse side before attempting to complete this form.

•

Do not complete this form unless you were required to pay estimated federal income tax for the 2013 tax year.

•

See “Federal estimated income tax requirement” in General Instructions.

Part 1 - Exceptions to regular computation of underpayment

See the instructions for a description of each of the exceptions listed below. If one of them applies, ﬁ ll in the

applicable circle, complete Parts 2 and 3 as instructed, and attach Schedule ND-1UT to your return.



Qualiﬁ ed farmer (4th quarter payment required)

Federal 4th quarter exception



Federal annualized income installment method

Part-year North Dakota requirement

(Attach copy of Form 2210)

Part 2 - Computation of underpayment

1. Enter 2013 net tax liability (from 2013 Form ND-1, line 27, or Form ND-EZ, line 2) ..................................... 1 ______________

2. Multiply line 1 by 90% (.90) [or 66 2/3% (.6667) if a qualiﬁ ed farmer] ...................

2 ______________

3. Enter 2013 withholding (from 2013 Form ND-1, line 28, or Form ND-EZ, line 3) ......................................... 3 ______________

4. Subtract line 3 from line 1. If less than $1,000, stop; you were not required to pay estimated tax

for 2013 ......................................................................................................................................... 4 ______________

5. Enter 2012 net tax liability (from 2012 Form ND-1, line 27, or 2012 Form ND-EZ, line 2). If no return

was required to be ﬁ led for 2012, enter -0-. If less than $1,000, stop; you were not required to

pay estimated tax for 2013 ............................................................................................................. 5 ______________

6. Total required payment. Enter smaller of line 2 or line 5. However, if you moved into North Dakota



and enter the amount from line 2 above

during the 2012 tax year, ﬁ ll in this circle 

............................. 6 ______________

If one of the exceptions in Part 1 applies, see the

Payment due date

instructions to line 7 before completing the rest

1st Quarter

2nd Quarter

3rd Quarter

4th Quarter

of this form.

April 15, 2013

June 15, 2013

Sept. 15, 2013

Jan. 15, 2014

7. Enter 25% of amount on line 6 in each column (or, if an exception

in Part 1 applies, enter the amount per instructions to line 7) .........

7 __________ __________ __________ __________

8. Enter estimated tax paid and tax withheld (See instructions)..........

8 __________ __________ __________ __________

Complete lines 9 through 15 of one column

before going to next column.

9. Enter amount, if any, from line 13 of previous column ...................

__________ __________ __________

10. Total paid. Add lines 8 and 9 ......................................................

10 __________ __________ __________ __________

11. Add lines 14 and 15 of previous column and enter result ...............

__________ __________

12. Overpayment. If line 10 is greater than line 7, subtract line 7

from line 10 and enter result. Otherwise, enter -0- .......................

12 __________ __________ __________

13. Overpayment carryover. If line 12 is greater than line 11,

subtract line 11 from line 12 and enter result. Otherwise, enter -0-

13 __________ __________ __________

14. Underpayment carryover. If line 11 is greater than line 12,

subtract line 12 from line 11 and enter result. Otherwise, enter -0-

__________ __________

15. Underpayment. If line 7 is greater than line 10, subtract

line 10 from line 7 and enter result. Otherwise, enter -0- ...............

15 __________ __________ __________ __________

Part 3 - Computation of interest (See instructions)

16. Interest computation:

Enter date of payment (See instructions) .............................. 16a __________ __________ __________ __________

Enter number of days from the payment due date to the

date on line 16(a) .............................................................. 16b __________ __________ __________ __________

Divide line 16(b) by 365 and round to three decimal places ..... 16c __________ __________ __________ __________

Multiply line 16(c) by 12% (.12) and round to three

decimal places ................................................................... 16d __________ __________ __________ __________

Multiply line 15 by line 16(d) and enter result ........................ 16e __________ __________ __________ __________

17. Total interest. Add the amounts in all four columns on line 16(e). Enter result here

and on Form ND-1, line 39. (See instructions) ...................................................................................... 17 ______________