FORM
CALENDAR YEAR
A
D
R
LABAMA
EP ARTMENT OF
EVENUE
40-ES
2002
I
& C
T
D
NDIVIDUAL
ORPORATE
AX
IVISION
Declaration of Estimated Tax
or Fiscal Year Ending
___________________, _______
(WORKSHEET – KEEP FOR YOUR RECORDS – DO NOT FILE)
Name
Social Security Number
1
1 Enter amount of adjusted gross income expected in taxable year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
2 If deductions are itemized, enter total of such deductions expected. If deductions will
not be itemized, enter 20% of line 1 but not more than $2,000 if single or married and
2
filing separately or not more than $4,000 if married and filing jointly . . . . . . . . . . . . . . . . . . . .
3 Enter amount of federal income tax liability for taxable year . . . . . . . . . . . . . . . . . . . . . . . . .
3
4 Total of lines 2 and 3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
4
5 Subtract line 4 from line 1. Enter balance here . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5
6 Personal exemption and dependent exemption(s) (see instructions for Forms 40 and 40NR for amounts) . . . . . . . . . . . . . . . . . .
6
7
7 Subtract line 6 from line 5. This is your estimated taxable income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8 Compute tax on amount on line 7 at the following rates:
Single or Married & Filing Separately
Married & Filing Jointly
8a
a
1st $500
2%
1st $1000
2%. . . . . . . . . . . . .
8b
b
Next $2500
4%
Next $5000
4%. . . . . . . . . . . . .
8c
c
Over $3000
5%
Over $6000
5%. . . . . . . . . . . . .
9 Add lines 8a, 8b, 8c. Enter total here and on line A of Form 40-ES, Voucher 1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9
10 Amount of Alabama income tax you estimate will be withheld from your wages in taxable
10
year. Enter balance here and on line B of Form 40-ES, Voucher 1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
11 Subtract line 10 from line 9. Enter balance here and on Form 40-ES, Voucher 1, line 1. This is your estimated tax.
11
If less than one hundred dollars ($100), no declaration of estimated tax is required to be filed (see instructions) . . . . . . . . . . . . .
RECORD OF STATE OF ALABAMA ESTIMATED TAX PAYMENTS AND CREDIT
Amount
Date Paid
Check Number, etc.
1 Overpayment credit from last year credited to estimated
tax for this year. (Make sure this credit is shown in the
proper space on your Alabama income tax return for last
1
year and on line 2 of Form 40-ES.). . . . . . . . . . . . . . . . . .
2
2 First payment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
3
3 Second payment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
4
4 Third payment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5
5 Fourth payment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
ENTER THIS AMOUNT ON THE PROPER LINE OF YOUR 2002 ALABAMA
INDIVIDUAL INCOME TAX RETURN, FORM 40 OR FORM 40NR.
6
6 Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
NOTE: The Alabama Department of Revenue does not send notices of amounts paid
on estimated tax. Therefore, it is important that you maintain this record.
(TEAR ON PERFORATION AND FILE LOWER PORTION WITH ALABAMA DEPARTMENT OF REVENUE)
A
D
O
R
FORM
LABAMA
EPARTMENT
F
EVENUE
2002
ATTENTION FISCAL YEAR FILERS:
CALENDAR YEAR
40-ES
If you file on a fiscal year basis (not calendar
OR
D
O
E
T
ECLARATION
F
STIMATED
AX
year), beginning and ending dates of your
FISCAL YEAR
fiscal year must be shown in spaces at right
Beginning Date ______________, ______
YOUR SOCIAL SECURITY NUMBER
SPOUSE’S NUMBER IF JOINT DECLARATION
and block beside fiscal year must be
checked. See instructions.
Ending Date _________________, ______
Do not mail this form with your individual
NAME(S)
income tax return. Send check or money
ADDRESS
order for amount shown in Block 5 only.
CITY
STATE
ZIP CODE
FOR OFFICIAL USE ONLY
A
A Total tax liability . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
B
B Withholding on wages. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Receiving Date
1
1 Estimated tax (if under $100, see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
2
2 Overpayment from last year credited to estimated tax for this year . . .
3
3 If this is an amended declaration, enter total pd. on original declaration
4
4 Balance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5
5 Amount paid with this declaration . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
74850000000000000000000000000000000 000000000