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Arizona Form 99T

The department will compute the estimated tax underpayment

NOTE: Do not include payments reported on lines 13 or 14.

penalty based on either of these methods and notify the

Payment Worksheet

organization of any amount due. If the organization elects to

have the department compute the penalty, do not check

Payments

Date of Payment

Amount

(Other)

box

or enter an amount on line 22.

Payment with

The organization must complete Form 220, even though no

original return

penalty is due, if it made its estimated tax payments based on

2. Payment

either of the following methods:



The annualized income installment method; or

3. Payment



The adjusted seasonal installment method.

4. Payment

Enter the total penalty from Form 220, Part C, line 37.

Include the completed Form 220 with the return and check

5. Total. Add lines 1 through 4.

box

Enter the total here and also on

Form 99T, page 1, line 15.

Amended returns: Do not recompute the estimated tax

underpayment penalty. Enter the amount of estimated tax

Line 16 - Subtotal Payments

underpayment penalty from the original return or the amount

Add lines 12 through 15. Enter the subtotal.

from a department correction notice.

Line 17 - Overpayments of Tax From Original

Line 23 - Total Amount Due

Return or Later Adjustments

If the organization had a balance of tax due on line 19, add

Enter the amount of the overpayment of tax, if any, from the

lines 19, 21 and 22. Enter the total on line 23. This is the total

original return, and the total amount of any overpayments

amount due. Pay this amount when the organization files the

from an Arizona Department of Revenue correction notice,

return. Payments can be made via check, electronic check,

an amended return, or an audit. Do not include or enter the

money order, or credit card.

amount of any penalties or interest paid.

Check or Money Order

Computation of Total Due or Overpayment

Make checks payable to Arizona Department of Revenue.

Include the organization's TIN on the front of the check or

Line 19 - Balance of Tax Due

money order. Include the check or money order with the return.

If the amount on line 11 is larger than the amount on line 18,

Internet Payments

there is a balance of tax due. Subtract line 18 from line 11

and enter the difference. Skip line 20.

Organizations must be licensed by the department before they

can register to pay taxes online. Go to to

Line 20 - Overpayment of Tax

If the amount on line 18 is larger than the amount on line 11,

Electronic payment from checking or savings account

there is an overpayment of tax. Subtract line 11 from line 18

and enter the difference.

Payments can be made electronically from a checking or

savings account. Go to and choose the

Line 21 - Penalty and Interest

e-check option. There is no fee to use this method. This

Calculate any penalty or interest due as a result of late filing

payment method will debit the amount from the specified

or late payment of tax. Calculate interest on the amount

checking or savings account on the date specified. If an

shown on line 19 at the prevailing rate. The interest period is

electronic payment is made from a checking or savings

from the original due date of the return to the payment date.

account, a confirmation number will be generated. Please

See the "Penalties and Interest" section on page 2 of these

keep this confirmation number as proof of payment.

instructions.

Credit card payment

Line 22 - Estimated Tax Underpayment Penalty

Payments can be made via American Express, Discover,

Original returns: The organization does not have to complete

MasterCard or VISA credit cards. Go to

Form 220, Underpayment of Estimated Tax by Corporations,

and choose the credit card option. This will take you to the

if the organization made its estimated tax payments based on

website of the credit card payment service provider. The

either of the following methods:

service provider will charge a convenience fee based on the



amount of the tax payment. The service provider will disclose

An amount equal to 90% of the current taxable year’s tax

the amount of the convenience fee during the transaction and

liability (line 11 less line 12), paid in four equal

the option to continue or cancel the transaction will be

installments; or

presented. If you accept the convenience fee and complete the



An amount equal to 100% of the organization’s tax

credit card transaction, a confirmation number will be

liability for the prior taxable year, paid in four equal

generated. Please keep this confirmation number as proof of

installments.

payment.

Instructions For Form 99t - Arizona Exempt Organization Business Income Tax Return - 2014 Page 7

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