com 2220 Underpayment of Estimated Tax by Corporations OMB No. 1545-0142

> See separate instructions. 1991
Deparment ofthe Treasury

Internal Revenue Service > Attach to the corporation's tax return.

Name Employer identification number

Note: /n most cases, the IRS will figure the penalty and the corporation will not have to complete this form. See the separate
instructions for more information.

GEMM] Figuring the Underpayment

1 Total tax (see instructions) 1
2a Personal holding company tax included on line 1 (Schedule PH (Form 1120), line 26). | 28
b Interest due under the look-back method of section 460(b)(2) for completed long-term
contracts that is included online1. . . . eee eee ee PRD
© Credit for Federal tax on fuels (see instructions). . . 2. 2 2 ee CREP
d Total. Add lines 2a through 2c. . . . oe Lo. . 2d
3 Subtract line 2d from line 1. If the result is less than $500, do not complete or file this form. The corporation
does not owe the penalty 3
4a Enter 90% of lines... _ 4a
b Enter the tax shown on the corporation's ' 1990 income tax return ‘(CAUTION: See
instructions before completing this line.) 4b
© Enter the smaller of line 4aorline4b. 2. |
(a) (b) (c) (d)

5 _ Installment due dates. Enter in columns (a) through (d) the
15th day of the 4th, 6th, 9th, and 12th months of the
corporation's tax year. «+ rn 5

6 Required installments. Enter 25% of line 4c in columns (a)
through (d) unless a or b below applies to the corporation:

a {f the corporation uses the annualized income installment
method and/or the adjusted seasonal installment method,
complete the worksheet in the instructions and enter on line
6 the amounts from line 45 of the worksheet. Also check
this box ® land attach a copy of the worksheet.

b If the corporation is a “large corporation,” check this
box ® Cand see the instructions for the amount to enter
ineach columnofline6. . . . ....... £8

7 Estimated tax paid or credited for each period (see
instructions). For column mS) only enter the amount from
line 7 online11 . Loe 2. Et

Complete lines 8 through 14 of one column before going
to the next column.

8 Enter amount, if any, from line 14 of the preceding column |_8&

9 Addiines7and8. . . . . 2

10 Add amounts on lines 12 and 13 of the preceding column, 10
141 Subtract line 10 from line 9. If zero or less, enter -0-. For

column (a) only, enter the amount from line 7 11
12 If the amount on line 11 is zero, subtract line 9 from line 10

Otherwise, enter-O-. 2 2 2 2. 1. ws [M2
43 Underpayment. If line 11 is less than or equal to line 6,

subtract line 11 from line 6. Then go to line 8 of the next |

column, Otherwise, go to line 14 (see instructions) .. 13 |
14 Overpayment. if line 6 is less than line 11, subtract line 6

from line 11. Then go to line 8 of the next column... | 14

Go to Part Il on the back to figure the penalty. If there are no entries on line 13, no penalty is owed.

For Paperwork Reduction Act Notice, see page 1 of the separate instructions. Cat. No. 11746L. Form 2220 (1991)


Form 2220 (1991) Page 2

[Part 11 Figuring the Penalty

{a) (b) (c) (d)
15 Enter the date of payment or the 15th day of the 3rd month after the
close of the tax year, whichever is earlier (see instructions). (Form
990-PF and Form 990-T filers: Use 5th month instead of 3rd month), | 15
16 Number of days from due date of installment on line 5 to the
date shownonline15. . . . . . 1. ee L8
17 Number of days on line 16 after 4/15/91 and before 1/1/92. |_17
48 Number of days on line 16 after 12/31/91 and before 4/1/92, | 18
19 Number of days on line 16 after 3/31/92 and before 7/1/92. | 19
20 Number of days on line 16 after 6/30/92 and before 10/1/92, | 20
21 Number of days on line 16 after 9/30/92 and before 1/1/93. | 24
22 Number of days on line 16 after 12/31/92 and before 2/16/93 | 22
23 Underpayment on line 13 x Number of days on line 17 x 10% . , [23 |$ $ $ $
365
24 Underpayment on line 13 x Number of days on line 18 x 9% , . | 24 |$ $ $ $
366
25 Underpayment on line 13 x Number of days online 19x -% | | | 25 |$ $ $ $
366
26 Underpayment on line 13 x Number of days on line 20 26 |$ $ $ $
366
27. Underpayment on line 13 x Number of days on iine21x +% | | | 27 |$ $ $ $
366
28 Underpayment on line 13 x Number of days online 22 +% | | | 28 |$ $ $ $
365
29 Addlines 23 through28 2... LOS $ $ $
30 PENALTY. Add columns (a) through (d), line 29. Enter here and on line 33, Form 1120; line 29, Form 1120-A; or
comparable line for other income tax returns... sw. we ee 80S

1991 0 - 285-296

“If the corporation’s tax year ends after December 31, 1991, see the Instructions for lines 25 through 28. GPO