Annualized Income Installment Method for                                                                                                        Attach a copy 
                                                                                                  WORKSHEET
  2023                Underpayment of 2023 Estimated Tax by                                                                                                          of your federal 
 VERMONT                                                                                        IN-152A                                                                 Form 2210,  
                                  Individual, Estates, and Trusts                                                                                                       pages 1-4
Taxpayer Information       Please Print or Type                                                                                                                                      Page 2
             Taxpayer’s Last Name                                First Name                     MI                           Social Security Number

        Spouse’s/CU Partner’s Last Name                          First Name                     MI                           Social Security Number

Required Annual Payment
 1.  90% of 2023 VERMONT TAX MINUS CREDITS: 
        (Form IN-111, Line 20 minus Line 25c, multiplied by 90% (0.90)) . . . . . . . . . . . . . . . . . . . . . . . . .1.  __________________________.00
 2.  100% of 2022 VERMONT TAX MINUS CREDITS: 
        (Form IN-111, Line 20 minus Line 25c). ................................. . . . . . . . . . . . . . 2.  __________________________ .00

 3.   Enter the lesser of Line 1 or Line 2. ......................................... . . . . . . . . . . . . . 3.  __________________________ .00

 4.   Enter the amount from federal Form 2210, Page 1, Line 9  ....................... . . . . . . . . . . . . . 4.   _____________________________.00

Calculations                                                                DUE DATES OF QUARTERLY PAYMENTS
CALCULATION OF UNDERPAYMENT                                               April 15, 2023  June 15, 2023  Sept. 15, 2023  Jan. 15, 2024                                  Totals
  5.   Tax payments required per quarter from  
       federal Form 2210, Page 3, Line 27 ....................
                                                                                                                                                                                             
  6.   Vermont payment due. (Divide Line 5 by Line 4, 
       then multiply by Line 3.) ............................                                                                                                                        IN-152A
  7a.  From 2023 Form IN-111, add Lines 25a, 25d, and 25e, 
       then multiply by 25% (0.25) per quarter  ................
 7b.   Enter 2022 carryforward and 2023 quarterly estimated  
       payments made by the due date per quarter. ..............                                                                                                                     2 - 2
  7c.  Add Lines 7a and 7b.  Each quarter should not equal 
       more than Line 6; apply any excess to the next quarter .....
  8.   Underpayment per quarter (Subtract Line 7c from 
       Line 6).  This line cannot be less than zero. ..............
  9.   Date FULL payment was made or April 15, 2024, 
       whichever date is earlier. ............................
CALCULATION OF INTEREST
 10a.  Number of days AFTER the due date to the date reported on 
       Line 9 for each quarter, or Jan. 1, 2024, whichever date is earlier
  10b. Number of days FROM Jan. 1, 2024 to the date payment was 
       made on Line 9 for each quarter, or April 15, 2024, whichever date 
       is earlier. 4th quarter: Use number of days from Jan. 15, 2024 ....
  11a.  Interest due for 2023 (Divide Line 10a by 365, multiply  
       by 4.00% (0.04), then multiply by Line 8) ...............
  11b. Interest due for 2024 (Divide Line 10b by 365, multiply  
       by 8.00% (0.08), then multiply by Line 8) ...............

  12.  Interest due per quarter (Add Lines 11a and 11b)  .........

  13.  Total underpayment interest due (Add Line 12 columns) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13.
CALCULATION OF PENALTY
  14.  Number of months FROM the due date of that quarter to the date 
       shown on Line 9 (a portion of a month counts as a whole month)
  15.  Penalty due per quarter (Multiply Line 14 by 1% (0.01) 
       then by Line 8) ....................................

  16.  Total underpayment penalty due (Add Line 15 columns) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16.
TOTAL INTEREST AND PENALTY
  17.  Total underestimated interest and penalty due (Add Lines 13 and 16)  .......................................... 17.
             5433                                                                               Worksheet IN-152A, Page 1 of 1, Rev. 10/23