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(: 2) Unchecked
(corporations) or on Form 84 105 page 1 line 14 (composite
(line 15 plus line 16 Enter on Form 83 105 page 1 line 14
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1 Current year income tax due (from Form 83 105 line 8 (corporations)
10 Cumulative tax liability (enter cumulative amount from line 5)
11 Cumulative overpayment (enter cumulative amount of estimates
12 Total underpayment/overpayment of estimates (subtract line 10
13 Enter percentage of interest (compute interest at 9/10 of 1% per
14 Underestimated interest due (multiply line 12 by line 13)
15 00
15th of 12th Month
15th of 4th Month
15th of 6th Month
15th of 9th Month
16 00
17 00
2 Ninety (90%) of current year income tax due (multiply line 1 by 90%) 2 00
3 Estimated payment per quarter (divide line 2 by four) 3 00
4 Estimate due dates (enter the dates in columns (a) through (d))
5 Required estimate each quarter (enter amount from Part I line 3)
6 Estimated tax paid each quarter
7 Overpayment (enter amount if any from previous year or
8 Total (subtract line 5 from line 6 and line 7 enter in column (a)
9 Underestimated penalty due (multiply line 8 by 10% If
Annualized Income Method AmendedFEIN
Form 83 305 14 8 1 000 (Rev 05/14)
from line 11 If the result is negative enter zero)
If negative (overpayment) enter zero and carry amount (positive)
in the next quarter(s) line 7 column(s) (b) (c) (d))
Mississippi
month from payment due date until paid or next payment due date
negative enter zero)
or Form 84 105 line 8 (composite S corporations)) 1 00
paid plus any overpayment from prior year; line 6 plus line 7)
PART I: CALCULATION OF ESTIMATED PAYMENT
PART II: PENALTY CALCULATION
PART III: INTEREST CALCULATION
PART IV: UNDERESTIMATED INTEREST & PENALTY DUE
quarter(s) line 7 in columns (a) (b) (c) or (d))
S corporations and composite partnerships only)
Total interest due (total of line 14 columns (a) (b) (c) and (d))
Total penalty due (total of line 9 columns (a) (b) (c) and (d))
Total underestimated interest and penalty due
Underestimate of Corporate Income Tax Worksheet
whichever is earlier)
