Form 8804 - Schedule A - Penalty For Underpayment Of Estimated Section 1446 Tax By Partnerships - 2015 Page 5

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5
Schedule A (Form 8804) 2015
Page
Figuring the Penalty
Part VII
(a)
(b)
(c)
(d)
44 Enter the date of payment or the 15th day of the 4th month
after the close of the tax year, whichever is earlier (see
instructions). Partnerships that keep their records and
books of account outside the United States and Puerto
Rico: Use 6th month instead of 4th month.
44
45 Number of days from due date of installment on line 4 to the
date shown on line 44 .
.
.
.
.
.
.
.
.
.
.
.
45
46
46
Number of days on line 45 after 4/15/2015 and before 7/1/2015
.
.
47 $
$
$
$
47
Underpayment on line 12 × Number of days on line 46
× 3% (0.03)
365
48
48
Number of days on line 45 after 6/30/2015 and before 10/1/2015 .
.
49 $
$
$
$
49
Underpayment on line 12 × Number of days on line 48
× 3% (0.03)
365
50
50
Number of days on line 45 after 9/30/2015 and before 1/1/2016
.
.
51 $
$
$
$
51
Underpayment on line 12 × Number of days on line 50
× 3% (0.03)
365
52
52
Number of days on line 45 after 12/31/2015 and before 4/1/2016 .
.
53 $
$
$
$
53
Underpayment on line 12 × Number of days on line 52
× *%
.
.
366
54
54
Number of days on line 45 after 3/31/2016 and before 7/1/2016
.
.
55 $
$
$
$
55
Underpayment on line 12 × Number of days on line 54
× *%
.
.
366
56
56
Number of days on line 45 after 6/30/2016 and before 10/1/2016 .
.
57 $
$
$
$
57
Underpayment on line 12 × Number of days on line 56
× *%
.
.
366
58
58
Number of days on line 45 after 9/30/2016 and before 1/1/2017
.
.
59 $
$
$
$
59
Underpayment on line 12 × Number of days on line 58
× *%
.
.
366
60
60
Number of days on line 45 after 12/31/2016 and before 4/1/2017 .
.
61 $
$
$
$
61
Underpayment on line 12 × Number of days on line 60
× *%
.
.
365
62
62
Number of days on line 45 after 3/31/2017 and before 5/16/2017 .
.
63 $
$
$
$
63
Underpayment on line 12 × Number of days on line 62
× *%
.
.
365
64 $
$
$
$
64
Add lines 47, 49, 51, 53, 55, 57, 59, 61, and 63
.
.
.
.
.
.
65
Penalty. Add columns (a) through (d) of line 64. Enter the total here and on Form 8804,
line 8 .
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65 $
* Use the penalty interest rate for each calendar quarter, which the IRS will determine during the first month in the preceding quarter. These
rates are published quarterly in an IRS News Release and in a revenue ruling in the Internal Revenue Bulletin. You can get this information at
IRS.gov.
Schedule A (Form 8804) 2015

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