U.S. TREAS Form treas-irs-1120-w-fy-1992
Form
Fiscal Year Corporation Estimated Tax
1120-W(FY)
(WORKSHEET)
Department of the Treasury
Internal Revenue Service
1
OMB No. 1545-0975
(For a tax year beginning after June 30, 1992, and before January 1, 1993.)
For tax year beginning
, 1992, and ending
92-93
, 19
(Keep for the Corporation’s Records—Do Not Send to the Internal Revenue Service)
Taxable income expected in the tax year. (Qualified personal service corporations (as defined in
instructions): Skip lines 2 through 9 and go to line 10)
1
2
Enter the smaller of line 1 or $50,000 (members of a controlled group, see instructions)
2
3
Subtract line 2 from line 1
3
4
Enter the smaller of line 3 or $25,000 (members of a controlled group, see instructions)
4
5
Subtract line 4 from line 3
5
6
Multply line 2 by 15%
6
7
Multiply line 4 by 25%
7
8
9
Multiply line 5 by 34%
If line 1 is greater than $100,000, enter the smaller of 5% of the excess over $100,000 or $11,750
(members of a controlled group, see instructions)
8
9
10
11
Total. Add lines 6 through 9 (Qualified personal service corporations: Multiply line 1 by 34%)
Estimated tax credits (see instructions)
10
11
12
13
Subtract line 11 from line 10
Recapture of: a Investment credit, and b Low-income housing credit
12
13
14a
14a Alternative minimum tax (see instructions)
14b
b Environmental tax (see instructions)
15
16
15
16
Total. Add lines 12 through 14b
Credit for Federal tax paid on fuels (see instructions)
17
Subtract line 16 from line 15. Note: If the result is less than $500, the corporation is not required
to make estimated tax payments
18a
18a Multiply line 17 by 97%
b Enter the tax shown on the corporation’s 1991-92 tax return.
18b
CAUTION: See instructions before completing this line
c Enter the smaller of line 18a or line 18b. If the corporation is required to skip line 18b, enter the
amount from line 18a on line 18c
(b)
(c)
(a)
17
18c
(d)
19
Installment due dates (see in­
� 19
structions)
20 Required installments. Enter
25% of line 18c in columns (a)
through (d) (less any 1991-92
overpayment credited to 1992-93
estimated taxes) unless a or b
below applies to the corporation.
(See instructions.)
a If the annualized income install­
ment method and/or the adjusted
seasonal installment method is
used, complete Schedule A and
enter the amounts from line 45 in
each column of line 20.
b If the corporation is a “large
corporation,” see the instructions
for the amount to enter in each
20
column of line 20
For Paperwork Reduction Act Notice, see the instructions on page 4.
Cat. No. 63909K
Form
1120-W(FY)
(1992-1993)