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Tax year:
Form 37 2014
Underpayment of Oregon
* 0 2 7 1 1 4 0 1 0 1 0 0 0 0 *
Corporation Estimated Tax
Name of corporation as shown on your Oregon corporate return
FEIN
BIN
Current and prior year information
1. Current year net excise or income tax (from Form 20, Form 20-I, Form 20-S, or Form 20-INS) ..................................1
2. Prior year net excise or income tax (high-income taxpayers, see instructions) .......................................................2
Part I—Figuring the underpayment
(a)
(b)
(c)
(d)
3. Required installments.
Enter the lesser of lines
11, 12, 13, or 14 for
each column ...................3
4. Underpayment from line
10 of preceding column ................................................... 4
5. Total tax due. Add lines
3 and 4 ...........................5
6. Estimated tax paid or
credited for each period ...6
7. Overpayment from line
9 of preceding column ................................................... 7
8. Total tax paid. Add
lines 6 and 7 ...................8
9. Overpayment. If line 5 is
less than line 8, subtract
line 5 from line 8 .............9
10. Underpayment. If line 8
is less than or equal to
line 5, subtract line 8
from line 5 ....................10
Part II—Figuring the required installments
Do not enter zero on lines 13 or 14 unless you have computed exception 3, line 13 (use worksheet on page 2) or exception 4, line 14 (see instructions)
and calculated a loss for the quarter.
(a)
(b)
(c)
(d)
11. Exception 1: Current
25% of line 1
25% of line 1
25% of line 1
25% of line 1
year net tax ..................11
12. Exception 2: Prior year
net tax (high-income
taxpayers may use this
exception for the first
installment only—see
25% of line 2
25% of line 2
25% of line 2
25% of line 2
instructions)
12
13. Exception 3: Net
annualized tax (from
25% of line 21
25% of line 21
25% of line 21
25% of line 21
line 21) ..........................13
14. Exception 4: Recurring
seasonal income
(see instructions) ..........14
150-102-037 (Rev. 10-14) Form 37, page 1 of 3