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Part II Simplified Marginal Impact Method

Date of each prior year to which interest computation relates

(d)

(a)

(b)

(c)

1 Adjustment to regular taxable income to reflect the difference between

Total

Year ended

add columns (a),

(a) the amount of income required to be allocated for post-February

mm___yyyy______

(b), and (c)

1986 contracts completed or adjusted during the taxable year based

on actual contract price and costs; and (b) the amount of income

reported for such contracts based on estimated contract price and

costs. See instructions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

2 Increase (or decrease) in regular tax for prior year(s). Multiply line 1

in each column by the applicable regular tax rate. See instructions.

For prior years beginning before 1987, skip line 3 and line 4 and

enter on line 5 the amount from line 2. . . . . . . . . . . . . . . . . . . . . . . .

3 Adjustment to alternative minimum taxable income to reflect the

difference between: (a) the amount of income required to be

allocated for post-February 1986 contracts completed or adjusted

during the taxable year based on actual contract price and costs;

and (b) the amount of income reported for such contracts based on

estimated contract price and costs. See instructions . . . . . . . . . . . .

4 Increase (or decrease) in alternative minimum tax (AMT) for prior

year(s). Multiply line 3 in each column by the applicable AMT rate.

See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

5 Enter the amount from line 2 or line 4, whichever is larger. See

instructions if either amount is negative.

Pass-through entities (except S corporations): Skip line 6 and enter

on line 7 the amount from line 5. S corporations: See General

Information I, S Corporations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

6 Overpayment ceiling. For each column in which line 5 is a negative

number, enter your total tax liability for the prior year, as adjusted for

past applications of the look-back method, and after net operating

losses, capital losses, and credit carryovers to that year. For each

column in which line 5 is a positive number, leave line 6 blank and

enter on line 7 the amount from line 5. . . . . . . . . . . . . . . . . . . . . . . .

7 Increase (or decrease) in tax for the prior year(s) on which interest

is due (or is to be refunded). Enter the amount from line 5 or line 6,

whichever is smaller. Treat both numbers as positive when making

this comparison, but enter the amount as a negative number . . . . . .

8 Interest due on increase in tax, if any, shown on line 7.

See the instructions for Part I, line 7 and line 8 . . . . . . . . . . . . . . . . .

9 Interest to be refunded on decrease in tax, if any, shown on line 7.

See the instructions for Part I, line 7 and line 8. . . . . . . . . . . . . . . . .

10 INTEREST TO BE REFUNDED TO YOU – If line 9, column (d) exceeds line 8, column (d), enter the excess.

See the instructions for Part I, line 9 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

11 INTEREST YOU OWE – If line 8, column (d) exceeds line 9, column (d), enter the excess.

See the instructions for Part I, line 10 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

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Date

Spouse’s/RDP’s signature (if filing jointly, both must sign)

Date

instructions.