Form 1120-W Estimated Tax for Corporations

Form

1120-W

(WORKSHEET)
Department of the Treasury
Internal Revenue Service

Estimated Tax for Corporations
For calendar year 2013, or tax year beginning
a

OMB No. 1545-0975

, 2013, and ending

, 20

Information about Form 1120-W and its separate instructions is at www.irs.gov/form1120.
(Keep for the corporation’s records—Do not send to the Internal Revenue Service.)

2013

Estimated Tax Computation
1

Taxable income expected for the tax year . . . . . . . . . .
1
Qualified personal service corporations (defined in the instructions), skip lines 2 through 13 and go
to line 14. Members of a controlled group, see instructions.

2
3
4
5
6
7
8
9
10
11
12

Enter the smaller of line 1 or $50,000 . . . . . . . . . . .
2
Multiply line 2 by 15%
. . . . . . . . . . . . . . . . . . . . . . . . .
Subtract line 2 from line 1 . . . . . . . . . . . . . . .
4
Enter the smaller of line 4 or $25,000 . . . . . . . . . . .
5
Multiply line 5 by 25%
. . . . . . . . . . . . . . . . . . . . . . . . .
Subtract line 5 from line 4 . . . . . . . . . . . . . . .
7
Enter the smaller of line 7 or $9,925,000 . . . . . . . . . .
8
Multiply line 8 by 34%
. . . . . . . . . . . . . . . . . . . . . . . . .
Subtract line 8 from line 7 . . . . . . . . . . . . . . .
10
Multiply line 10 by 35% . . . . . . . . . . . . . . . . . . . . . . . . .
If line 1 is greater than $100,000, enter the smaller of (a) 5% of the excess over $100,000 or (b)
$11,750. Otherwise, enter -0- . . . . . . . . . . . . . . . . . . . . . . .
If line 1 is greater than $15 million, enter the smaller of (a) 3% of the excess over $15 million or (b)
$100,000. Otherwise, enter -0- . . . . . . . . . . . . . . . . . . . . . . .

13

3

6

9
11
12
13

14

Add lines 3, 6, 9, and 11 through 13. (Qualified personal service corporations, multiply line 1 by 35%.) .

14

15

Alternative minimum tax (see instructions) .

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15

16

Total. Add lines 14 and 15 .

17

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16

Tax credits (see instructions)

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17

18

Subtract line 17 from line 16

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18

19

Other taxes (see instructions)

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19

20

Total tax. Add lines 18 and 19 .

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20

Credit for federal tax paid on fuels and other refundable credits (see instructions) . . . . . .
Subtract line 21 from line 20. Note: If the result is less than $500, the corporation is not required
to make estimated tax payments . . . . . . . . . . . . . . . . . . . . . .
23a Enter the tax shown on the corporation’s 2012 tax return (see instructions). Caution: If the tax is zero or
the tax year was for less than 12 months, skip this line and enter the amount from line 22 on line 23b .
b Enter the smaller of line 22 or line 23a. If the corporation is required to skip line 23a, enter the
amount from line 22 . . . . . . . . . . . . . . . . . . . . . . . . . .

21

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21
22

(a)
24

25

Installment due dates (see
instructions) . . . . . . a

24

Required installments. Enter
25% of line 23b in columns (a)
through (d). If the corporation
uses the annualized income
installment method or adjusted
seasonal installment method or is
a “large corporation," see the
instructions for the amount to
enter . . . . . .

25

For Paperwork Reduction Act Notice, see instructions.

(b)

Cat. No. 11525G

22
23a
23b

(c)

(d)

Form

1120-W

(2013)