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Part II Required Annual Payment. All filers must complete this part.

Current year tax. Enter your 2015 tax after credits. See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1

Multiply line 1 by 90% (.90) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .2

Withholding taxes. Do not include any estimated tax payments on this line. See instructions . . . . . . . . . . . . . . . . . . . . . . . . 3

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

Enter the tax shown on your 2014 tax return. See instructions. (110% (1.10) of that amount if the adjusted gross income

shown on that return is more than $150,000, or if married/RDP filing a separate return for 2015, more than $75,000). . . . 5

Required annual payment. Enter the smaller of line 2 or line 5. (If your California AGI is equal to or greater than

$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).

Enter the amount, if any, from Part II, line 3 above . . . . . . . . . . . . . . . . . . . . . . . . . . . . .7

Enter the total amount, if any, of estimated tax payments you made . . . . . . . . . . . . . . . .8

Add line 7 and line 8 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9

Total underpayment for the year. Subtract line 9 from line 6. If zero or less, stop here. You do not owe the

penalty. Do not file form FTB 5805 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10

Multiply line 10 by .02128976 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11

• If the amount on line 10 was paid on or after 4/15/16, enter -0-.

• If the amount on line 10 was paid before 4/15/16, enter the result of the following computation:

Amount on

Number of days paid

line 10

before 4/15/16

.00008 . . . . . . . . . . . . . . . . . . . . . . . 12

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 44. Also, check the box for “FTB 5805.’’  . . . . . . . . . . . . . . . . . . . . . .

Side 2 FTB 5805 2015

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