Form N-220 - Underpayment Of Estimated Tax By Corporations And S Corporations - 2014 Page 3
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4FORM N-220
(REV. 2014)
PAGE 3
Schedule A
Part II — Adjusted Seasonal Installment Method (Caution: Use this method only if the base period percentage for
any 6 consecutive months is at least 70%. See the Instructions for more information.)
(a)
(b)
(c)
(d)
First 3
First 5
First 8
First 11
months
months
months
months
12 Enter the taxable income for the following periods:
a Tax year beginning in 2011
12a
b Tax year beginning in 2012
12b
c Tax year beginning in 2013
12c
13 Enter taxable income for each period for the tax year
13
beginning in 2014.
(a)
(b)
(c)
(d)
First 4
First 6
First 9
Entire year
months
months
months
14 Enter the taxable income for the following periods:
a Tax year beginning in 2011
14a
b Tax year beginning in 2012
14b
c Tax year beginning in 2013
14c
15 Divide the amount in each column on line 12a by the
15
amount in column (d) on line 14a.
16 Divide the amount in each column on line 12b by the
16
amount in column (d) on line 14b.
17 Divide the amount in each column on line 12c by the
17
amount in column (d) on line 14c.
18 Add lines 15 through 17.
18
19 Divide line 18 by 3.
19
20 Divide line 13 by line 19.
20
21 Figure the tax on line 20 following the instructions for
Form N-30, Schedule J, lines 13 thru 16; Form N-35,
21
lines 22a and 22b; or Form N-70NP, Part I or Part II.
22 Divide the amount in columns (a) through (c) on line 14a
22
by the amount in column (d) on line 14a.
23 Divide the amount in columns (a) through (c) on line 14b
23
by the amount in column (d) on line 14b.
24 Divide the amount in columns (a) through (c) on line 14c
24
by the amount in column (d) on line 14c.
25 Add lines 22 through 24.
25
26 Divide line 25 by 3.
26
27 Multiply the amount in columns (a) through (c) of line 21
by the amount in the corresponding column of line 26. In
27
column (d), enter the amount from line 21, column (d).
(Continued on page 4)
Form N-220
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