×
tax forms found in
Tax Form Code
Tax Form Name

North Dakota Free Printable Form 40-UT - Underpayment of Estimated Income Tax by Corporations (2022) for 2024 North Dakota Underpayment of Estimated North Dakota Income Tax by Corporations

There are only 19 days left until tax day on April 16th! eFile your return online here , or request a six-month extension here .

It appears you don't have a PDF plugin for this browser. Please use the link below to download 2023-north-dakota-form-40-ut.pdf, and you can print it directly from your computer.

Underpayment of Estimated North Dakota Income Tax by Corporations
Form 40-UT - Underpayment of Estimated Income Tax by Corporations (2022)

UNDERPAYMENT OF ESTIMATED INCOME TAX BY CORPORATIONS Form 40-UT OFFICE OF STATE TAX COMMISSIONER 2022 SFN 28744 (12-2022) Underpayment Of Estimated North Dakota Income Tax By Corporations For the tax year beginning , and ending . , If a corporation's estimated income tax payment for any quarter (including overpayment credits from prior quarters) is less than 90% of the quarterly income tax liability or is less than the prior year's North Dakota income tax liability divided by four, it will be required to complete Form 40-UT and attach it to the North Dakota Corporation Income Tax Form 40 when filing. 1. Net income tax liability (after any withholding) from 2022, Form 40, line 20 less line 22 (If $5,000 or less, do not complete form) 2. 90% of net income tax liability (before withholding) from 2022, Form 40, line 20 3. Prior year's net income tax liability - From 2021 Form 40, line 20 (If $5,000 or less, do not complete form) Enter in columns A through D the installment dates that correspond to the 15th day of the 4th, 6th and 9th months of the taxable year, and the first month of the following year A B C D 4. Enter 25% of line 2 or line 3, whichever is less, in column A through D. (Or, if the circle in line 10 was filled in, see the line 10 instructions before completing.) 5. a. 2021 overpayment credited to 2022 tax b. Amount paid and withheld for each quarter c. Overpayments. See line 7(b) Remaining lines for Column A must be completed before proceeding to Columns B, C and D. 6. Add lines 5(a), 5(b), and 5(c) 7. a. Underpayment. (line 4 less line 6) b. Overpayment. (line 6 less line 4) Enter here and on line 5(c) above, in the following quarter 8. Interest, calculated at the rate of 12% per annum from the installment due date to the earlier of the date the estimated tax is paid or the due date (without extension) of the return. 9. Total interest (Add line 8, columns A-D. Enter on 2022 Form 40, line 24b) (No interest is due if either line 1 or 3 is less than $5,000.)  10. (UE) Fill in the circle if estimated payments for the federal return were made using the adjusted seasonal installment method or annualized income installment method as provided for in IRC of 1986, as amended, § 6655(e), the amount of each quarterly payment due (for Line 4) is calculated in the same manner as for Federal Form 2220, which must be attached in that situation.
Extracted from PDF file 2023-north-dakota-form-40-ut.pdf, last modified September 2022

More about the North Dakota Form 40-UT Corporate Income Tax Estimated TY 2023

This form is used when a corporation does not pay the correct amount on their taxes.

We last updated the Underpayment of Estimated North Dakota Income Tax by Corporations in March 2023, so this is the latest version of Form 40-UT, fully updated for tax year 2023. You can download or print current or past-year PDFs of Form 40-UT directly from TaxFormFinder. You can print other North Dakota tax forms here.


eFile your North Dakota tax return now

eFiling is easier, faster, and safer than filling out paper tax forms. File your North Dakota and Federal tax returns online with TurboTax in minutes. FREE for simple returns, with discounts available for TaxFormFinder users!

File Now with TurboTax

Other North Dakota Corporate Income Tax Forms:

TaxFormFinder has an additional 44 North Dakota income tax forms that you may need, plus all federal income tax forms.

Form Code Form Name
Form 60 S Corp Income Tax Return
Form 38 Fiduciary Income Tax Return
Form 58 Schedule K-1 Partner's Share of ND Income, Deductions, Adjustments, Credits
Form 58-PV Partnership Return Payment Voucher
Form 58 Booklet Form 58 Partnership Income Tax Booklet

Download all ND tax forms View all 45 North Dakota Income Tax Forms


Form Sources:

North Dakota usually releases forms for the current tax year between January and April. We last updated North Dakota Form 40-UT from the Office of State Tax Commissioner in March 2023.

Show Sources >

Form 40-UT is a North Dakota Corporate Income Tax form. While most taxpayers have income taxes automatically withheld every pay period by their employer, taxpayers who earn money that is not subject to withholding (such as self employed income, investment returns, etc) are often required to make estimated tax payments on a quarterly basis. Failure to make correct estimated payments can result in interest or penalties.

About the Corporate Income Tax

The IRS and most states require corporations to file an income tax return, with the exact filing requirements depending on the type of company.

Sole proprietorships or disregarded entities like LLCs are filed on Schedule C (or the state equivalent) of the owner's personal income tax return, flow-through entities like S Corporations or Partnerships are generally required to file an informational return equivilent to the IRS Form 1120S or Form 1065, and full corporations must file the equivalent of federal Form 1120 (and, unlike flow-through corporations, are often subject to a corporate tax liability).

Additional forms are available for a wide variety of specific entities and transactions including fiduciaries, nonprofits, and companies involved in other specific types of business.

Historical Past-Year Versions of North Dakota Form 40-UT

We have a total of eleven past-year versions of Form 40-UT in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:


2023 Form 40-UT

Form 40-UT - Underpayment of Estimated Income Tax by Corporations (2022)

2021 Form 40-UT

Form 40-UT - Underpayment Of Estimated Income Tax By Corporations (2021)

2020 Form 40-UT

Form 40-UT - Underpayment of Estimated Income Tax by Corporations

2019 Form 40-UT

Form 40-UT Underpayment Of Estimated North Dakota Income Tax By Corporations 2019

2018 Form 40-UT

Form 40-UT - Underpayment of Estimated North Dakota Income Tax by Corporations

2017 Form 40-UT

Form 40-UT - Underpayment of Estimated North Dakota Income Tax by Corporations

2016 Form 40-UT

Form 40-UT - Underpayment of Estimated North Dakota Income Tax by Corporations

2015 Form 40-UT

Form 40-UT - Underpayment of Estimated North Dakota Income Tax by Corporations

Form 40-UT - Underpayment of Estimated North Dakota Income Tax by Corporations 2013 Form 40-UT

Form 40-UT - Underpayment of Estimated North Dakota Income Tax by Corporations

Form 40-UT - Underpayment of Estimated ND Income Tax by Corporations 2012 Form 40-UT

Form 40-UT - Underpayment of Estimated ND Income Tax by Corporations

Form 40X - Amended Corporation Income Tax Return 2011 Form 40-UT

Form 40X - Amended Corporation Income Tax Return


TaxFormFinder Disclaimer:

While we do our best to keep our list of North Dakota Income Tax Forms up to date and complete, we cannot be held liable for errors or omissions. Is the form on this page out-of-date or not working? Please let us know and we will fix it ASAP.

** This Document Provided By TaxFormFinder.org **
Source: http://www.taxformfinder.org/northdakota/form-40-ut