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 Schedule                 North Dakota Office of State Tax Commissioner

 38-UT                   Calculation of Interest on Underpayment
                                                                                                                                                        2018
                        or Late Payment of Estimated Income Tax                                                                                       Attach to Form 38
                        for Estates and Trusts

Name of estate or trust shown on Form 38                                                                    Estate’s or trust’s FEIN

►IMPORTANT:          See the instructions before attempting to complete this form.
                     Do not complete this form unless the estate or trust was required to pay estimated federal income tax for the 
                       2018 tax year. See “Federal estimated income tax requirement” in General Instructions.

Part 1 - Exceptions to regular computation of underpayment
          See the instructions for a description of each of the exceptions listed below. If one of them applies, fill in the applicable circle, 
          complete Parts 2 and 3 as instructed, and attach Schedule 38-UT to Form 38.
          A.  Qualified farmer exception                               C.                    Federal 4th quarter exception
          B.  Federal annualized income installment method             D.                    Partial year exception
               exception (Attach copy of Federal Form 2210)

Part 2 - Computation of underpayment
 1  Enter 2018 net tax liability (from 2018 Form 38, page 1, line 4) .............................................................                    1 _________________
 2  Multiply line 1 by 90% (.90) [or 66 2/3% (.6667) if a qualified farmer] ..................  2 _______________
 3  Enter 2018 withholding (from 2018 Form 38, page 1, line 8) ..................................................................                     3 _________________
 4  Subtract line 3 from line 1.  If less than $1,000, stop; there is no requirement to pay estimated tax
   for 2018  .......................................................................................................................................  4 _________________
 5  Enter 2017 net tax liability (from 2017 Form 38, page 1, line 4). If no return was required to be filed for
   2017, enter -0-.  If less than $1,000, stop; there is no requirement to pay estimated tax for 2018                                                 5 _________________
 6  Total required payment. Enter smaller of line 2 or line 5. However, if the estate or trust was not in existence
   for the entire 2017 tax year, enter the amount from line 2 and fill in this circle                            .........                          6 _________________
    If one of the exceptions in Part 1 applies, see                                                         Payment due date
    the instructions to line 7 before completing                                                1st Quarter 2nd Quarter     3rd Quarter                 4th Quarter
    the rest of this form.                                                                      April 15, 2018  June 15, 2018  Sept. 15, 2018  Jan. 15, 2019
 7  Enter 25% of the amount on line 6 in each column (or, if an exception
   in Part 1 applies, enter the amount per instructions to line 7) ..........                7  ___________  ___________  ___________  ___________
 8  Enter estimated tax paid and tax withheld (See instructions)...........                  8  ___________  ___________  ___________  ___________
    Complete lines 9 through 15 of one column
   before going to next column. 
 9  Enter amount, if any, from line 13 of previous column ....................               9                ___________  ___________  ___________
 10  Total paid. Add lines 8 and 9 .......................................................   10  ___________  ___________  ___________  ___________
 11  Add lines 14 and 15 of previous column and enter result ................                11               ___________  ___________  ___________
 12 Overpayment.    If line 10 is greater than line 7, subtract line 7 from
   line 10 and enter result. Otherwise, enter -0- ................................           12  ___________  ___________  ___________  ___________
 13 Overpayment carryover.      If line 12 is greater than line 11, subtract
   line 11 from line 12 and enter result. Otherwise, enter -0- ..............                13  ___________  ___________  ___________  ___________
 14 Underpayment carryover.        If line 11 is greater than line 12, subtract
   line 12 from line 11 and enter result. Otherwise, enter -0- ..............                14               ___________  ___________
 15 Underpayment.    If line 7 is greater than line 10, subtract line 10
   from line 7 and enter result. Otherwise, enter -0- ..........................             15  ___________  ___________  ___________  ___________
Part 3 - Computation of interest (See instructions)
 16  Interest computation:
    a  Enter date of payment (See instructions) .................................            16a  ___________  ___________  ___________  ___________
    b  Enter number of days from the payment due date to the date 
     on line 16a ........................................................................... 16b  ___________  ___________  ___________  ___________
    c  Divide line 16b by 365 and round to three decimal places ...........                  16c  ___________  ___________  ___________  ___________
    d  Multiply line 16c by 12% (.12) and round to three
     decimal places ......................................................................   16d  ___________  ___________  ___________  ___________
    e  Multiply line 15 by line 16d and enter result ..............................          16e  ___________  ___________  ___________  ___________
 17 Total interest. Add the amounts in all four columns on line 16e. Enter result here
   and on Form 38, page 1, line 17 (See instructions) ......................................................................................... 17 ___________



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North Dakota Office of State Tax Commissioner
 2018 Schedule 38-UT instructions

General instructions                              Instructions for Part 2                         Instructions for Part 3
A fiduciary for an estate or trust may use                                                        Interest of 12% per year is charged on an 
Schedule 38-UT to determine if enough             Line 7                                          underpayment or late payment of estimated 
estimated North Dakota income tax was             If one of the exceptions in Part 1 applies,     tax. Interest accrues from the due date of the 
paid by the payment due dates and, if not, to     enter on this line the appropriate amount(s) as payment to the earlier of April 15, 2019, or 
calculate the amount of interest to pay on the    follows:                                        the date the estimated tax due is paid in full. 
underpayment or late payment.  The dates used     •  If Item A applies, enter the amount from     In the case where an overpayment is applied 
on Schedule 38-UT and in these instructions         line 6 in the 4th quarter column.  Enter zero to offset an underpayment, the overpayment 
are for calendar year filers. Fiscal year filers    in the first three columns.                   is considered to have been applied as of the 
should substitute corresponding dates.                                                            payment due date for the quarter in which the 
                                                  •  If Item B applies, use the annualized        overpayment occurred.
Federal estimated income tax requirement.           federal taxable income determined on the 
Do not complete Schedule 38-UT unless               2018 Federal Form 2210 to calculate an        In some cases, it may be necessary to compute 
the estate or trust was required to pay             annualized North Dakota taxable income.       the interest on a separate worksheet, in which 
estimated federal income tax for the tax            Include any adjustments required or           case skip lines 16a through 16d and enter the 
year. To determine this, see the 2018 Federal       allowed under North Dakota tax law in the     separately computed interest on line 16e in 
Form 2210.                                          calculation.  Enter the amount of estimated   the appropriate column. Attach a worksheet 
                                                    North Dakota income tax due by each           showing the calculation.
Instructions for Part 1                             payment due date calculated in the same       For purposes of computing interest, the amount 
Following are descriptions of the exceptions        manner as under the federal annualized        paid for a particular quarter must be applied 
to the regular computation of underpayment          income installment method on Form 2210.       first to the amount due for that quarter.  If the 
listed in Part 1. If one of them applies, fill in   Attach a worksheet showing the North          total amount paid exceeds the amount due, the 
the applicable circle.                              Dakota calculations.                          excess must be applied to offset an outstanding 
Item A: Qualified farmer exception                If Item C applies, enter 25% of the           underpayment, if any, from a previous quarter, 
This exception applies if the fiduciary qualified   amount on line 6 in the 1st, 2nd and 3rd      starting with the earliest underpayment. In 
as a farmer for federal estimated income            columns.  Enter zero in the 4th quarter       addition, in the case of a late payment, the 
tax purposes in 2018 and was required to            column.                                       interest on line 16e must be computed on the 
pay estimated federal income tax for the 4th                                                      amount due on line 7 less any tax withheld 
quarter due on January 15, 2019.                  •  If Item D applies, the amount to enter in    included on line 8.
                                                    each column depends on when the estate 
Item B: Federal annualized income                   or trust first received income from North     Line 16a
installment method exception                        Dakota sources in 2018.  If received after    Except for a late payment or where an 
This exception applies only if the fiduciary        March 31 and before June 1, 2018, enter       underpayment is offset by a subsequent 
actually used the annualized income                 one-third of the amount on line 6 in the 2nd, quarter’s overpayment, enter April 15, 2019. 
installment method to calculate the amount          3rd, and 4th quarter columns.  If received    If there is a late payment and the amount of 
of the underpayment and penalty for federal         after May 31 and before September 1,          the payment equals or exceeds the amount of 
estimated income tax purposes for 2018.             2018, enter one-half of the amount on line 6  estimated tax due, enter the date of payment. 
Attach a copy of the federal annualized             in the 3rd and 4th quarter columns.  If       If an underpayment is fully offset by a 
income installment method worksheet                 received after August 31, 2018, and before    subsequent quarter’s overpayment, enter the 
(from 2018 Federal Form 2210) showing the           January 1, 2019, enter the amount from        payment due date for the quarter in which 
amounts computed for federal purposes.              line 6 in the 4th quarter column.             the overpayment occurred.  In other cases, 
                                                                                                  more than one date may apply and it may be 
Item C: Federal 4th quarter 
                                                  Line 8                                          necessary to compute the interest on a separate 
exception
                                                  Enter the amount of estimated tax paid and      worksheet, in which case skip lines 16a 
This exception applies if the fiduciary did not   income tax withheld for each quarter. (Note:    through 16d and enter the separately computed 
have to make the 4th quarter estimated federal    Do not include the income tax withheld from     interest on line 16e in the appropriate column. 
income tax payment due on January 15, 2019,       nonresident beneficiaries from Form 38,         Attach a worksheet showing the calculation.
because the 2018 federal income tax return        page 1, line 5.)  Unless it can be shown 
was filed and the remaining federal income        otherwise, one-fourth of the total amount       Line 17
tax due was paid by February 1, 2019.             withheld is deemed to have been withheld        If there is an overpayment on Form 38, page 1, 
Item D: Partial year exception                    by each payment due date. If the fiduciary      line 11, any interest due on Schedule 38-UT 
This exception applies if the estate or trust was elected to apply an overpayment from the 2017   will reduce the amount to be refunded.  If 
not in existence for the entire 2018 tax year     North Dakota Form 38 to the 2018 estimated      there is a tax due on Form 38, page 1, line 14, 
and did not receive income subject to North       tax, enter the overpayment in the 1st quarter   any interest due on Schedule 38-UT must be 
Dakota income tax until after April 15, 2018.     column; however, if the fiduciary attached a    included in the balance due to be paid with 
Attach a statement describing the situation.      statement to the 2017 return requesting the     the return.  If there is no overpayment or tax 
                                                  overpayment to be applied to another quarter,   due on Form 38, and if the interest due on 
                                                  enter the overpayment in the appropriate        Schedule 38-UT is $5.00 or more, the interest 
                                                  column.                                         due on Schedule 38-UT must be included in 
                                                                                                  the balance due, and a check or money order 
                                                                                                  for this amount must be submitted with the 
                                                                                                  return.






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