Form Schedule A (Part I Schedule A (Part I Required Installments

Form 1120-W (WORKSHEET) 2009

Page

3

Schedule A

Adjusted Seasonal Installment Method and Annualized Income Installment Method
(see instructions)
Part I
Adjusted Seasonal Installment Method
(a)
(b)
(c)
(Use this method only if the base period percentage for any 6
consecutive months is at least 70%.)
1

(d)

First 3 months

First 5 months

First 8 months

First 11 months

First 4 months

First 6 months

First 9 months

Entire year

Enter taxable income for the following periods:
a Tax year beginning in 2006.

1a

b Tax year beginning in 2007.

1b

c Tax year beginning in 2008.

1c

2

Enter taxable income for each period for the tax year beginning in
2009 (see instructions for the treatment of extraordinary items).

3

2

Enter taxable income for the following periods:
a Tax year beginning in 2006.

3a

b Tax year beginning in 2007.

3b

c Tax year beginning in 2008.

3c

4

Divide the amount in each column on line 1a by the amount
in column (d) on line 3a.

4

5

Divide the amount in each column on line 1b by the amount
in column (d) on line 3b.

5

6

Divide the amount in each column on line 1c by the amount
in column (d) on line 3c.

6

7

Add lines 4 through 6.

7

8

Divide line 7 by 3.0.

8

9a Divide line 2 by line 8.
b Extraordinary items (see instructions).
c Add lines 9a and 9b.
10

9a
9b
9c

Figure the tax on the amount on line 9c by following the same
steps used to figure the tax on page 1 of Form 1120-W.

10

11a Divide the amount in columns (a) through (c) on line 3a by
the amount in column (d) on line 3a.

11a

b Divide the amount in columns (a) through (c) on line 3b by
the amount in column (d) on line 3b.

11b

c Divide the amount in columns (a) through (c) on line 3c by
the amount in column (d) on line 3c.

11c

12

Add lines 11a through 11c.

12

13

Divide line 12 by 3.0.

13

14

Multiply the amount in columns (a) through (c) of line 10 by
the amount in the corresponding column of line 13. In
column (d), enter the amount from line 10, column (d).

14

15

Enter any alternative minimum tax for each payment period
(see instructions).
Enter any other taxes for each payment period (see instructions).
Add lines 14 through 16.

15
16
17

For each period, enter the same type of credits as allowed on
page 1, Part I, lines 19 and 23 (see instructions).

18

Subtract line 18 from line 17. If zero or less, enter -0-.

19

16
17
18

19

Form

1120-W

(2009)

Form 1120-W (WORKSHEET) 2009

Part II

Page

Annualized Income Installment Method

20

Annualization periods (see instructions).

20

21

Enter taxable income for each annualization period (see
instructions for the treatment of extraordinary items).

21

Annualization amounts (see instructions).

22

22

23a Annualized taxable income. Multiply line 21 by line 22.

23b

c Add lines 23a and 23b.

23c

Figure the tax on the amount in each column on line 23c by
following the same steps used to figure the tax on page 1
of Form 1120-W.

24

Enter any alternative minimum tax for each annualization
period (see instructions).

25

Enter any other taxes for each annualization period (see
instructions).

26

27

Total tax. Add lines 24 through 26.

27

28

For each annualization period, enter the same type of credits
as allowed on page 1, Part I, lines 19 and 23 (see instructions).

28

Total tax after credits. Subtract line 28 from line 27. If zero
or less, enter -0-.

29

30

Applicable percentage.

30

31

Multiply line 29 by line 30.

31

25
26

29

Part III

(a)

(b)

(c)

(d)

First ______
months

First ______
months

First ______
months

First ______
months

25%

50%

75%

100%

1st installment

2nd installment

3rd installment

4th installment

23a

b Extraordinary items (see instructions).

24

4

Required Installments

Note: Complete lines 32 through 38 of one column before
completing the next column.
32

If only Part I or Part II is completed, enter the amount in
each column from line 19 or line 31. If both parts are
completed, enter the smaller of the amounts in each column
from line 19 or line 31.

32

33

Add the amounts in all preceding columns of line 38 (see
instructions).

33

34

Adjusted seasonal or annualized income installments.
Subtract line 33 from line 32. If zero or less, enter -0-.

34

35

Enter 25% of page 1, Part I, line 25b in each column. (Note:
“Large corporations,” see the instructions for page 1, Part I,
line 27 for the amount to enter.)

35

36

Subtract line 38 of the preceding column from line 37 of the
preceding column.

36

37

Add lines 35 and 36.

37

38

Required installments. Enter the smaller of line 34 or
line 37 here and on page 1, Part I, line 27 (see instructions).

38
Form

1120-W

(2009)