NEW HAMPSHIRE DEPARTMENT OF REVENUE ADMINISTRATION
FORM
SEQUENCE #6
EXCEPTIONS AND PENALTY
CHECK ONE
DP-2210/2220
FOR THE UNDERPAYMENT OF ESTIMATED TAX
BUSINESS TAX RETURNS
INTEREST & DIVIDENDS TAX RETURN
1998
OTHER
For the CALENDAR year
or other tax year beginning
and ending
Mo
Day
Year
Mo
Day
Year
NAME
FEDERAL EMPLOYER IDENTIFICATION NUMBER
SOCIAL SECURITY NUMBER
PART I - FIGURE YOUR UNDERPAYMENT
I
f the tax for the current year is less than $200 do not complete this form.
1
Current year tax....................................................................................... $____________________
2
90% of line 1 (line 1 x .90)...................................................................... $_____________________
3(a) Enter in columns A through D the installment dates that
correspond to the 15th of the 4th, 6th, 9th, and 12th months
A
B
C
D
of your tax year (or specify statutory due dates). I&D filers
see instructions......................................................................
25%
25%
25%
25%
3(b) Applicable percentages................................................................
3(c) Enter line 2 multiplied by line 3(b) for columns A through D.......
4
Amount paid timely or credited for each period..............................
5
Overpayment of previous installment.............................................
6
Total (add line 4 and line 5)...........................................................
7
Overpayment (Line 6 minus line 3(c). Enter in line 5 next period)
8
Underpayment (Line 3(c) minus line 6)..........................................
PART II - EXCEPTIONS TO PENALTY - SEE INSTRUCTIONS
9
Cumulative amount paid or credited from the beginning of the
tax year through the installment dates that correspond to the
A
B
C
D
15th day of the 4th, 6th, 9th, and 12th months of your tax year
(From line 4). I&D calendar year filers see instructions..............
25%
50%
75%
100%
10 Applicable percentages.................................................................
11 Exception (a) prior Year’s Tax (Prior year must be 12 full months)
12 Applicable percentages.................................................................
25%
50%
75%
100%
13 Exception (b) prior Year’s Tax Base and Facts Using Current
Years Tax Rate...............................................................................
22.5%
45%
67.5%
90%
14 Applicable percentages.................................................................
15 Exception (c) Tax on Annualized Income (Attach Schedule).........
PART III - COMPUTE THE PENALTY
A
B
C
D
NOTE: Interest rate is 10% after 12/31/98.
16
Amount of underpayment from line 8...........................................
17 Enter the date of payment or statutory due date of tax,
whichever is earlier.....................................................................
18
Enter the number of days from installment date [Line 3(a)]
to date shown on line 17............................................................
Number of days x 11% x Underpayment
19 Interest due thru 12/31/98:
amount (line 8)
365
Number of days x 10% x Underpayment
amount (line 8)
20
Interest due after 12/31/98:
365
21
Penalty for underpayment of estimated tax (Line 19 plus line 20)
22
Total Penalty for Underpayment of Estimated Tax (Total of columns A through D, line 21)...................................
If this form is not completed or is completed incorrectly, the Department will compute the penalty, if any, and will notify you accordingly.
DP-2210/2220