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2022
DELAWARE FORM
DIVISION OF REVENUE PIT-UND
DELAWARE UNDERPAYMENT OF ESTIMATED TAXES
RESET PRINT
FIRST NAME LAST NAME TAXPAYER ID
TAXPAYER IS A FARMER OR FISHERMAN TAXPAYER IS USING THE ANNUALIZATION OF INCOME METHOD
PART
REQUIRED ANNUAL PAYMENT
1
A Enter 90% of 2022 Delaware tax liability (Line 32 Form PIT-RES minus Line 33 Form PIT-RES, or Line 47 Form PIT-NON) A
B Enter 100% or 110% of 2021 Delaware tax liability (Line 32 PIT-RES minus Line 33 PIT-RES, or Line 47 PIT-NON). (See instructions) B
C Enter the smaller of Line “A” or Line ”B”. This is your Required Annual Amount. C
D Delaware Withholding D
E Subtract Line “D” from Line “C”. If $800 or less, stop here. You do not owe the penalty. E
PART
SHORT METHOD (See instructions)
2
F Enter the amount of Estimated Tax Payments, S Corp Payments or Refundable Business Credit F
G Delaware Withholding G
H Add Line “F” and Line “G” and enter here H
I TOTAL UNDERPAYMENT - Subtract Line “H” from Line “C”. If zero or less, stop here. I
J Multiply Line “I” by 12% (times 0.12) J
K If the amount on Line “I” was paid on or after April 30, 2023, enter zero (0). If it was paid before April 30, 2023, Multiply the K
number of days from the date Line “I” was paid before April 30, 2023, times .05% (.0005) times the amount on Line “I”.
L ESTIMATED PENALTY - Subtract Line “K” from Line “J” and enter here L
PART TIME PERIOD
COMPUTING THE OVER/UNDER PAYMENT
4 1/1/22 - 4/30/22 5/1/22 - 6/15/22 6/16/22 - 9/15/22 9/16/22 - 1/15/23
28 Enter amount from Part 3, Line 27 28
29 Enter the amount of Estimated, S Corp, Capital Gain Tax payments, or Refundable 29
Business Credits
30 Delaware Withholding 30
31 Add Line 29 and Line 30 31
32 Enter amount, if any, from Line 38 of the previous column of this schedule 32
(i.e., Column 2 equals Line 38 Column 1, Column 3 equals Line 38 Column 2, etc.)
33 Add Line 31 and Line 32 33
34 Sum amounts from Line 36 and Line 37 of the previous column of this schedule 34
(i.e., Column 2 equals Line 36 Column 1 plus Line 37 Column 1, etc.)
35 Subtract Line 34 from Line 33. If zero or less, enter zero (0). 35
For Column 1 only, enter the amount from Line 31.
36 If Line 35 equals zero, then Subtract Line 33 from Line 34. 36
Otherwise, enter zero (0).
37 UNDERPAYMENT. If Line 28 is equal to or larger than Line 35, Subtract Line 35 37
from Line 28. Then go to Line 32 of the next column. Otherwise, go to Line 38.
38 OVERPAYMENT. If Line 35 is larger than Line 28, Subtract Line 28 from Line 35. 38
Then go to Line 32 of the next column.
PART PAYMENT DUE
COMPUTING THE PENALTY (See instructions)
5 39 5/2/22 6/15/22 9/15/22 1/17/23
40 Enter number of days from date on Line 39 to when payment was made 40
41 Multiply Line 40 by .05% (times .0005) 41
42 PENALTY FOR PERIOD - Multiply Line 37 by Line 41 42
43 Add penalties from each Column on Line 42 to determine the Total Penalty (i.e., Line 42 Column 1 plus Line 42 Column 2, etc.) 43
DFPITUND2022019999V1
Revision 20221202
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