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0 0 0 0 20 0 0 0 0 1 1 1 1 1 1 1 1 1 1 2 2 2 2 2 2 2 2 2 2 3 3 3 3 3 3 3 3 3 3 4 4 4 4 4 4 4 4 4 4 5 5 5 5 5 5 5 5 5 5 6 6 6 6 6 6 6 6 6 6 7 7 7 7 7 7 7 7 7 8 8 8 8 8 8 8 2
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5
3 3
4 4
Underpayment of 2023 Estimated WORKSHEET
5 2023 5
6 VERMONT Individual Income Tax IN-152 6
7 7
Please Print or Type
9 9
8 Taxpayer Information 8 Page 1
10 Taxpayer’s Last Name First Name MI Social Security Number 10
11 11
1234567890123(17) 1234567890123(17) 1 123456789
12 Spouse’s/CU Partner’s Last Name First Name MI Social Security Number 12
13 13
1234567890123(17) 1234567890123(17) 1 123456789
14 Required Annual Payment 14
15 15
1. 90% of 2023 VERMONT TAX MINUS CREDITS:
16 123456789012345 (Form IN-111, Line 20 minus Line 25c, multiplied by 90% (0.90)) . . . . . . . . . . . . . . . . . . . . . . . . . 1. __________________________.00 16
17 17
2. 100% of 2022 VERMONT TAX MINUS CREDITS:
18 123456789012345 (Form IN-111, Line 20 minus Line 25c). ................................. . . . . . . . . . . . . . 2. __________________________.00 18
19 19
20 3. 123456789012345Enter the lesser of Line 1 or Line 2. ......................................... . . . . . . . . . . . . . 3. __________________________.00 20
21 21
22 Calculations DUE DATES OF QUARTERLY PAYMENTS 22
23 CALCULATION OF UNDERPAYMENT April 15, 2023 June 15, 2023 Sept. 15, 2023 Jan. 15, 2024 Totals 23
24 24
25 4. Tax payments required per quarter (Multiply Line 3 by .25) .. 1234567 1234567 1234567 1234567 25
26 26
5a. From 2023 Form IN-111, add Lines 25a, 25d, and 25e,
27 then multiply by 25% (0.25) per quarter ................. 1234567 1234567 1234567 1234567 27
28 28 IN-152
5b. Enter 2022 carryforward and 2023 quarterly estimated
29 payments made by the due date per quarter ............... 1234567 1234567 1234567 1234567 29
30 30
5c. Add Lines 5a and 5b. Each quarter should not equal
31 more than Line 4; apply any excess to the next quarter ...... 1234567 1234567 1234567 1234567 31
32 32
6. Underpayment per quarter (Subtract Line 5c from Line 4). 1 - 1
33 This line cannot be less than zero. ...................... 1234567 1234567 1234567 1234567 33
34 34
7. Date FULL payment was made or April 15, 2024,
35 whichever date is earlier. ............................ 1234567 1234567 1234567 1234567 35
36 36
CALCULATION OF INTEREST
37 37
8a. Number of days AFTER the due date to the date reported on
38 Line 7 for each quarter, or Jan. 1, 2024, whichever date is earlier1234567 1234567 1234567 1234567 38
39 39
40 8b. Number of days FROM Jan. 1, 2024 to the date payment was 40
made on Line 7 for each quarter, or April 15, 2024, whichever date
41 is earlier. 4th quarter: Use number of days from Jan. 15, 2024.1234567... 1234567 1234567 1234567 41
42 42
9a. Interest due for 2023 (Divide Line 8a by 365, multiply
43 by 4.00% (0.04), then multiply by Line 6) ................ 1234567 1234567 1234567 1234567 43
44 44
9b. Interest due for 2024 (Divide Line 8b by 365, multiply
45 by 8.00% (0.08), then multiply by Line 6) ................ 1234567 1234567 1234567 1234567 45
46 46
47 10. Interest due per quarter (Add Lines 9a and 9b) ............ 1234567 1234567 1234567 1234567 47
48 48
49 123456711. Total underpayment interest due (Add Line 10 columns) ..................................................... 11. 49
50 50
CALCULATION OF PENALTY
51 51
52 12. Number of months FROM the due date of that quarter to 52
the date shown on Line 7 (a portion of a month counts
53 as a whole month) .................................. 1234567 1234567 1234567 1234567 53
54 54
13. Penalty due per quarter (Multiply Line 12 by 1% (0.01)
55 then by Line 6) .................................... 1234567 1234567 1234567 1234567 55
56 56
57 123456714. Total underpayment penalty due (Add Line 13 columns) ..................................................... 14. 57
58 58
59 TOTAL INTEREST AND PENALTY 59
60 123456715. Total underestimated interest and penalty due (Add Lines 11 and 14) ........................................... 15. 60
61 Worksheet IN-152 61
62 Page 1 of 1 62
63 5433 Rev. 10/23 63
0 0 0 0 640 0 0 0 0 1 1 1 1 1 1 1 1 1 1 2 2 2 2 2 2 2 2 2 2 3 3 3 3 3 3 3 3 3 3 4 4 4 4 4 4 4 4 4 4 5 5 5 5 5 5 5 5 5 5 6 6 6 6 6 6 6 6 6 6 7 7 7 7 7 7 7 7 7 8 8 8 8 8 8 8 64
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5
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