Vermont Form In 152 PDF Details

Gaining access to documents like the Vermont Form In 152 can be a crucial step in starting or running a business. Knowing how and where to obtain these important forms is essential, especially since you may need to continually update them throughout your tenure operating your business. Luckily, the State of Vermont makes it easy for businesses to access their relevant paperwork with simple steps that anyone can follow. Read on for complete instructions on obtaining the Form In 152 from the state government!

QuestionAnswer
Form NameVermont Form In 152
Form Length1 pages
Fillable?No
Fillable fields0
Avg. time to fill out15 sec
Other namesvt f in152 vt tax form in 152

Form Preview Example

 

2014

 

 

Underpayment of 2014 Estimated

VERMONT

 

Individual Income Tax

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Please Print or Type

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Taxpayer’s Social Security Number

INFORMATION

 

 

 

 

 

 

 

 

-

 

 

-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Taxpayer’s Last Name

 

 

 

 

 

 

 

 

 

 

 

 

TAXPAYER

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Spouse or CU Partner Last Name

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

WORKSHEET

IN-152

Spouse or CU Partner Social Security Number

 

 

 

 

-

 

 

-

 

 

 

 

 

 

 

 

 

 

 

 

First Name

 

 

 

 

 

 

 

 

 

 

 

 

 

Initial

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

First Name

 

 

 

 

 

 

 

 

 

 

 

 

 

Initial

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

REQUIRED ANNUAL PAYMENT

CALCULATIONS

1.

90% OF 2014 VERMONT TAX MINUS CREDITS:

 

 

 

 

 

,

 

 

 

,

 

 

 

.

0

0

 

(Form IN-111, Line 26 minus the sum of Lines 31c, 31d, and 31g multiplied by 90%)

. . . . 1.

 

 

 

 

 

 

 

 

2.

100% OF 2013 VERMONT TAX MINUS CREDITS:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

,

 

 

 

,

 

 

 

.

0

0

 

(Form IN-111, Line 26 minus the sum of Lines 31c, 31d, and 31g)

. . . . . . . . . . . . .

. . . . 2.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

3.

Enter the lesser of Line 1 or Line 2.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3.

 

 

,

 

 

 

,

 

 

 

.

0

0

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

DUE DATES OF QUARTERLY PAYMENTS

 

 

 

 

 

CALCULATION OF UNDERPAYMENT

April 15, 2014

June 15, 2014

Sept. 15, 2014

 

Jan. 15, 2015

 

Totals

 

4.Tax payments required per quarter

 

(Multiply Line 3 by .25)

______________________________________________________

5A.

From 2014 Form IN-111, add Lines 31a, 31e, and 31f,

 

 

then multiply by .25 per quarter

______________________________________________________

5B.

Enter 2013 overpayment and 2014 quarterly estimated

 

 

payments made by the due date per quarter

______________________________________________________

5C.

Add Lines 5a and 5b. Each quarter should not equal

 

 

more than Line 4; apply any excess to the next quarter. . .

______________________________________________________

6.Underpayment per quarter (Subtract Line 5c from Line 4).

 

This line cannot be less than zero

______________________________________________________

 

 

7.

Date FULL payment was made or April 15, 2015,

 

 

 

 

whichever date is earlier

 

 

 

CALCULATION OF INTEREST

 

 

 

8A.

Number of days AFTER the due date to the date reported

 

 

 

 

 

 

 

on Line 7 for each quarter, or Jan. 1, 2015, whichever

 

 

 

 

date is earlier

______________________________________________________

 

 

8B.

Number of days FROM Jan. 1, 2015 to the date payment

 

 

 

 

was made on Line 7 for each quarter, or April 15, 2015,

 

 

 

 

whichever date is earlier. 4th quarter: Use number of

 

 

 

 

days from Jan. 15, 2015

______________________________________________________

 

 

9A.

Interest due for 2014 (Divide Line 8a by 365, multiply

 

 

 

 

by 5.6%, then multiply by Line 6)

______________________________________________________

 

 

9B.

Interest due for 2015 (Divide Line 8b by 365, multiply

 

 

 

 

by 5.6%, then multiply by Line 6)

______________________________________________________

 

 

10.

Interest due per quarter (Add Lines 9a and 9b)

 

 

 

11.

Total underpayment interest due (Add Line 10 columns) . .

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .11.

 

CALCULATION OF PENALTY

12.Number of months FROM the due date of that quarter to the date shown on Line 7 (a portion of a month counts

as a whole month)

______________________________________________________

13. Penalty due per quarter (Multiply Line 12 by .01 (1%)

 

then by Line 6)

 

14. Total underpayment penalty due (Add Line 13 columns) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .14.

TOTAL INTEREST AND PENALTY

15. Total underestimated interest and penalty due (Add Line 11 total and Line 14 total) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .15.

Worksheet IN-152