Form Ct-222 - Underpayment Of Estimated Tax By A Corporation - 2013 Page 2
ADVERTISEMENT
1
2
3
4Page 2 of 4 CT-222 (2013)
A
B
C
D
Part 4 — Computation of the underpayment
penalty
(see instructions)
First
Second
Third
Fourth
20 Enter the date of payment or the 15th day of the
3rd month after the end of the tax year,
whichever is earlier
(mm-dd-yy) (see instructions) ..
Number of days:
21 From due date of installment to the date shown
on line 20 .........................................................
22 On line 21 after 3/15/13 and before 4/1/13 .........
23 On line 21 after 3/31/13 and before 7/1/13 .........
24 On line 21 after 6/30/13 and before 10/1/13 .......
25 On line 21 after 9/30/13 and before 1/1/14 .........
26 On line 21 after 12/31/13 and before 4/1/14 .......
27 On line 21 after 3/31/14 and before 7/1/14 .........
28 On line 21 after 6/30/14 and before 10/1/14 .......
29 On line 21 after 9/30/14 and before 1/1/15 .........
30 On line 21 after 12/31/14 and before 3/15/15 .....
31 On line 22 ÷ 365 × 7.5% × amount on line 18 ...
32 On line 23 ÷ 365 × 7.5% × amount on line 18 ...
33 On line 24 ÷ 365 × %* × amount on line 18 .......
34 On line 25 ÷ 365 × %* × amount on line 18 .......
35 On line 26 ÷ 365 × %* × amount on line 18 .......
36 On line 27 ÷ 365 × %* × amount on line 18 .......
37 On line 28 ÷ 365 × %* × amount on line 18 .......
38 On line 29 ÷ 365 × %* × amount on line 18 .......
39 On line 30 ÷ 365 × %* × amount on line 18 .......
40 Add lines 31 through 39 ......................................
41 Underpayment penalty
...............
(see instructions)
42 Add line 41, columns A through D; enter here and on your franchise tax return or MTA surcharge return ...........
42
43 Multiply line 1 by 80% (.8) ......................................................................................................................................
43
44 Subtract line 11, column A from line 43 ................................................................................................................
44
45 Divide line 44 by three ...........................................................................................................................................
45
* For rates not shown, access our Web site or call the Corporation Tax Information Center (see Need help? in Form CT-1).
Schedule A, Part 1 — Adjusted seasonal installment method
(see instructions)
Note: Use this method only if the base period percentage for any 6 consecutive months is at least 70%. Use lines 46
through 51 below to compute the base period percentage. When appropriate, in lieu of ENI, use the applicable tax base.
A – 2010
B – 2011
C – 2012
46 Enter the period of 6 consecutive months for which the base period
percentage is to be computed:
through
47 Enter the ENI for the same 6 consecutive month period in preceding periods
48 Enter the total ENI for the entire year in preceding periods .....................
49 In each column, enter as a percentage the result of dividing that
%
%
%
column’s line 47 by that column’s line 48 ..............................................
50 Add the percentages in line 49, columns A, B, and C; enter the result here .....
%
51 Base period percentage: Divide line 50 by three; enter the result here ......
%
If 70% or higher, continue with
Schedule A, line 52a.
415002130094
ADVERTISEMENT
0 votes
Related Articles
Related forms
Related Categories
Parent category: Financial