Get Ak Dor 6220 2013

Filling out the AK DoR 6220 form efficiently is essential for accurate reporting of estimated tax underpayment for corporations. This guide provides detailed instructions for completing each section of the form and ensures you have the necessary information at hand.

Follow the steps to successfully complete the form.

1. Click the ‘Get Form’ button to access the AK DoR 6220 form and open it in your editing tool.
2. Begin by entering your Employer Identification Number (EIN) and the names shown on the return in the designated fields.
3. Check the applicable boxes for the annualized income installment method, adjusted seasonal installment method, or if the 'large corporation' designation applies.
4. Move to Part I, where you will compute the underpayment. Start with the net income tax; ensure accuracy based on the latest tax instructions.
5. If applicable, include the personal holding company tax in line 2a and any look-back interest in line 2b. Enter the relevant amounts for Section 167(g) depreciation under line 2c.
6. Add lines 2a, 2b, and 2c together and note the total on line 2d.
7. Subtract line 2d from line 1. If the result is less than $500, you do not need to complete the rest of the form.
8. For lines 4a and 4b, enter the appropriate figures based on the previous year's tax return, or 100% of line 3 as indicated.
9. Input the installment due dates in columns A through D for the 15th day of the 4th, 6th, 9th, and 12th months.
10. Complete the required installment calculations and enter any amounts paid or credited for each period.
11. Follow the instructions to fill lines 8 through 14 for each column before moving to the next column.
12. In Part II, start calculating the penalty by entering the date of payment in line 15 and determine the number of days since the installment due date.
13. Calculate the penalty using the formula provided, applying the rate to the amount on line 13.
14. Finally, review all entries before saving your changes, downloading, printing, or sharing the form as needed.

Start completing your AK DoR 6220 form online today for accurate tax management.