Wisconsin Underpayment of Estimated Tax By Individuals and Fiduciaries

Tax season is open, and returns are due on April 16th! Save by eFiling early with TurboTax start now

Underpayment of Estimated Tax By Individuals and Fiduciaries
2019 D-104 Wisconsin Schedule U - Underpayment of Estimated Tax By Individuals, Partnerships, and FiduciariesSchedule

U

Wisconsin
Department of Revenue

Underpayment of Estimated Tax
By Individuals, Partnerships, and Fiduciaries

Legal name(s) shown on tax return	

PART I

2019

Enclose with Wisconsin Form 1, 1NPR, 2, or 3

Identifying number

Required Annual Payment – All filers must complete this part.

	 1	 Fill in your 2019 net tax (from Form 1, line 28; Form 1NPR, line 53; Form 2, line 10; or Form 3, line 1) .  .  .  .  . 	 1
	 2	 Other credits (see instructions) .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 	 2
	 3	 Subtract line 2 from line 1.  If zero or less, do not complete or file this form .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 	 3
	 4	 Multiply line 3 by 90% (.90) . .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 	

4

	 5	 Wisconsin tax withheld for 2019 .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 	 5
	 6	 Subtract line 5 from line 3.  If less than $500, do not complete or file this form .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 	 6
	 7	 If you were a full-year resident of Wisconsin in 2018, fill in your prior year tax (if not, see instructions) .	 7
	 8	 Required annual payment.  Fill in the smaller of line 4 or line 7 (see instructions) . .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 	 8
Short Method – You may use this method if you did not make estimated tax payments or if you made estimated tax
PART II
payments on the due dates and in four equal amounts.  Otherwise, use the regular method (Part III).
	 9	
	10	
	11	
	12	
	 	
	13	
	14	
	 	
	 	
	 	
	15	
	 	
	 	

Fill in the amount, if any, from line 5 above . .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 	 9
Fill in the total amount, if any, of estimated tax payments you made .  .  .  . 	 10
Add lines 9 and 10 .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .
Total underpayment for year. Subtract line 11 from line 8. If the result is zero or less, stop here;
you do not owe underpayment interest .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .
Multiply line 12 by .0796 and fill in the result .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .
•	 If the amount on line 12 was paid on or after 4/15/20, enter -0-.
•	 If the amount on line 12 was paid before 4/15/20, make the following computation to find
	 the amount to enter on line 14:	
Amount on	 	
Number of days paid
	 	
line 12	
before 4/15/20	
x	
x	 .0003278 .  .  .  .  .  .  .  .
Underpayment interest. Subtract line 14 from line 13. Also write this amount
on line 50 of Form 1, line 75 of Form 1NPR, line 24 of Form 2, or line 3 of Form 3.
Then increase the amount you owe or decrease your refund accordingly .  .  .  .  .  .  .  .  .  . Total Due	

PART III

Regular Method

	16	 Divide line 8 by four (4) and fill in the result in each
	 	 column (see instructions for exceptions) .  .  .  .  .  .  .  .  .  .  .  .  .
	17	 Estimated tax paid (see instructions) .  .  .  .  .  .  .  .  .  .  .  .  .  .  .
	18	 Tax withheld. Fill in one-fourth of line 5 in each column
		
(see instructions) .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .
	19	 Add lines 17 and 18. This is your total payment .  .  .  .  .  .
	20	 If line 19 is smaller than line 16, subtract line 19 from
	 	 line 16. This is your underpayment (see instructions) .  .
	21	 If line 19 is larger than line 16, subtract line 16 from
	 	 line 19. This is your overpayment .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .
	22	 Carryback of overpayment or late payment
		
(see instructions) .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .
	23	 Carryforward of overpayment (see instructions) .  .  .  .  .  .
	24	 Subtract the total of lines 22 and 23 from line 20.
	 	 This is your net underpayment .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .
	25	 Number of days from the due date of the installment
	 	 to the date carryback amount on line 22 was paid .  .  .  .
	26	 Number of days from the due date of the installment
	 	 to the date balance due on tax return was paid or
	 	 April 15, 2020, whichever is earlier .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .
	27	 Interest:	 Days on line 25	 x	 .12	 x	 Amount on
line 22 . .  .
	 	 	
	
366	
	
	
	
	28	 Interest:	 Days on line 26	 x	 .12	 x	 Amount on
line 24 .  .  .
	 	 	
	
366	
	
	
	

(a)
April 15, 2019

	 11
	12
	13

	14
15	$

Due Dates of Installments *

(b)
June 17, 2019

(c)
Sept. 16, 2019

	 16
	 17
	 18
	 19
	 20
	 21
	 22
	 23
	 24
	 25
	 26
	 27	
$	$	 $	$
	 28	
$	$	 $	$

	29	 Underpayment interest. Fill in the sum of all amounts on lines 27 and 28.
	 	 Also write this amount on line 50 of Form 1, line 75 of Form 1NPR, line 24 of Form 2, or
	 	 line 3 of Form 3. Then increase the amount you owe or decrease your refund accordingly .  .  . Total Due 	
D-104 (R. 01-20)

(d)
Jan. 15, 2020

29	 $

* The due dates shown are for calendar year taxpayers. Adjust these dates accordingly for fiscal year returns.

2019 Schedule U	

Page 2

Legal name(s) shown on tax return	

PART IV

Identifying number

Annualized Income Installment Method Worksheet – Complete lines 30 through 50 only if computing installments
using annualized income installment method.

(Caution:  Complete one column through line 50 before completing the next column.)
(Estates and trusts, do not use the period ending dates shown to the right.
Instead, substitute the following:  2/28/19, 4/30/19, 7/31/19, and 11/30/19.)

1/1/19 to
3/31/19

1/1/19 to
5/31/19

1/1/19 to
8/31/19

1/1/19 to
12/31/19

4	

2.4	

1.5	

1

22.5%	

45%	

67.5%	

90%

	30	 Fill in your Wisconsin income for each period shown
		
(See instructions) .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 	 30
	31	 Annualization amounts. (Estates and trusts, do not use amounts
		
shown to the right. Instead, use 6, 3, 1.71429, and 1.09091.) .  .  .  . 	 31 	
	32	 Annualized income (multiply line 30 by line 31) .  .  .  .  .  .  .  .  .  .  .  .  . 	 32
	33	 Standard deduction and net operating loss (see instructions) . . 	 33
	34	 Subtract line 33 from line 32 .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 	 34
	35	 Fill in your deduction for exemptions (see instructions) .  .  .  .  .  .  . 	 35
	36	 Subtract line 35 from line 34 .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 	 36
	37	 Fill in your tax on the amount on line 36 (see instructions) .  .  .  .  . 	 37
	38	 Fill in your nonrefundable credits (see instructions) .  .  .  .  .  .  .  .  .  . 	 38
	39	 Subtract line 38 from line 37. If zero or less, fill in -0	 	 (If filing Form 1NPR, see instructions) .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 	 39
	40	 Fill in your refundable credits (see instructions) .  .  .  .  .  .  .  .  .  .  .  . 	 40
	41	 Subtract line 40 from line 39. If zero or less, fill in -0- .  .  .  .  .  .  .  . 	 41
	42	 Applicable percentage . .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 	 42 	
	43	 Multiply line 41 by line 42 . .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 	 43
	44	 Fill in the combined amounts of line 50 from all
	 	 preceding columns .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 	 44
	45	 Subtract line 44 from line 43. If zero or less, fill in -0- .  .  .  .  .  .  .  . 	 45
	46	 Divide line 8 in Part I on page 1 of Schedule U by four (4)
	 	 and fill in the result in each column .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 	 46
	47	 Fill in the amount from line 49 of the preceding column of
	 	 this worksheet .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 	 47
	48	 Add lines 46 and 47 .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 	 48
	49	 Subtract line 45 from line 48. If zero or less, fill in -0- .  .  .  .  .  .  .  . 	 49
	50	 Fill in the smaller of line 45 or line 48 here and on line 16
	 	 of Schedule U .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 	 50
CAUTION:
•	 The total of the amounts on line 50 should equal line 8 of Part I of Schedule U.
•	 Period ending dates shown above are for calendar year taxpayers.  Adjust these dates accordingly for fiscal year returns.
•	 If the above worksheet is used to figure the amount to enter in any column of line 16 of Schedule U, it must be used to figure the
amounts to enter in all four columns.

Extracted from PDF file 2019-wisconsin-schedule-u.pdf, last modified January 2020

Download This Form

Print This Form

More about the Wisconsin Schedule U Individual Income Tax Estimated

If you underpaid your estimated income taxes for the prior year, you need to file Schedule U along with your other tax forms to ensure that you are up to date on your tax payment.

We last updated the Underpayment of Estimated Tax By Individuals and Fiduciaries in February 2020, and the latest form we have available is for tax year 2019. This means that we don't yet have the updated form for the current tax year. Please check this page regularly, as we will post the updated form as soon as it is released by the Wisconsin Department of Revenue. You can print other Wisconsin tax forms here.

eFile your Wisconsin tax return now

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

File Now with TurboTax

Other Wisconsin Individual Income Tax Forms:

TaxFormFinder has an additional 88 Wisconsin income tax forms that you may need, plus all federal income tax forms.

Form Code	Form Name
Form 1	Income Tax Return (Long Form) Tax Return
Income Tax Instructions	Wisconsin Form 1 Instructional Booklet
Schedule H-EZ	Homestead Credit Claim (Easy Form) Tax Credit
Form 1-ES	Estimated Income Tax Voucher Estimated
Schedule H	Homestead Credit Claim Tax Credit

Download all WI tax forms View all 89 Wisconsin Income Tax Forms

Form Sources:

Wisconsin usually releases forms for the current tax year between January and April. We last updated Wisconsin Schedule U from the Department of Revenue in February 2020.

Show Sources >

Schedule U is a Wisconsin Individual 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 Individual Income Tax

The IRS and most states collect a personal income tax, which is paid throughout the year via tax withholding or estimated income tax payments.

Most taxpayers are required to file a yearly income tax return in April to both the Internal Revenue Service and their state's revenue department, which will result in either a tax refund of excess withheld income or a tax payment if the withholding does not cover the taxpayer's entire liability. Every taxpayer's situation is different - please consult a CPA or licensed tax preparer to ensure that you are filing the correct tax forms!

Historical Past-Year Versions of Wisconsin Schedule U

We have a total of five past-year versions of Schedule U in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:

2019 Schedule U

2019 D-104 Wisconsin Schedule U - Underpayment of Estimated Tax By Individuals, Partnerships, and Fiduciaries

2018 Schedule U

2018 D-104, Wisconsin Schedule U, Underpayment of Estimated Tax By Individuals and Fiduciaries

2017 Schedule U

2017 D-104, Wisconsin Schedule U, Underpayment of Estimated Tax By Individuals and Fiduciaries

2016 Schedule U

2016 D-104, Wisconsin Schedule U, Underpayment of Estimated Tax By Individuals and Fiduciaries

2015 Schedule U

2015 D-104, Wisconsin Schedule U, Underpayment of Estimated Tax By Individuals and Fiduciaries (fillable)

TaxFormFinder Disclaimer:

While we do our best to keep our list of Wisconsin 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.