Enlarge image | 1 1 2 4 6 8 10 12 14 16 18 20 22 24 26 28 30 32 FINALNEAR DRAFT 8/1/2434 36 38 40 42 44 46 48 50 52 54 56 58 60 62 64 66 68 70 72 74 76 78 80 82 84 86 3 3 4 4 5 5 6 *246651*6 7 7 2024 M15NP, Additional Charge for Underpayment of Estimated Tax 8 For tax-exempt organizations, cooperatives, homeowners associations and political organizations with unrelated 8 9 business income. 9 10 10 Complete this schedule if your total tax is more than $500 or you did not pay the correct amount of estimated tax by the due dates. 11 11 12 NAME OF CORPORATIONXXXXXXXXXXXXXXXXXXXXXXXX 123456789 123456789 12 13 Name of Organization FEIN Minnesota Tax ID 13 14 Check installment method used on this schedule (must check one box): 14 15 X Standard Installment Method X Adjusted Seasonal Installment Method X Annualized Income Installment Method 15 16 You must round amounts 16 17 to nearest whole dollar. 17 18 18 19 1 Enter your 2024 total tax liability (from 2024 Form M4NP, line 15 minus line 18) . . . . . . . . . . . . . . . . . . . . . . . . . . 1 123456789 19 20 If $500 or less, do not complete this form. You owe no additional charge. 20 21 2 Enter your 2023 regular tax (from 2023 Form M4NP, line 15 minus line 18) .. ..... ...... ...... ..... ...... 2 123456789 21 22 22 23 3 Required annual payment. Enter the amount from line 1 or line 2, whichever is less . ..... ...... ..... ..... 3 123456789 23 24 Exceptions: If you did not file a 2023 return or filed a return for less than a full 12-month period in 24 25 the preceding tax year, or you did not have a 2023 tax liability, you must enter the amount from line 1. 25 26 26 27 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter 27 28 28 29 4 Enter the due dates ... ...... ..... ....... ..... 4 123456789 123456789 123456789 123456789 29 30 30 31 5 Required installments (see instructions) ..... .... 5 123456789 123456789 123456789 123456789 31 32 32 33 6 Amount paid each period (see instructions) . . . . . . 6 123456789 123456789 123456789 123456789 33 34 Complete lines 7–13 for one column before 34 35 completing the next column. For the first column 35 36 only, enter the amount from line 6 on line 10. 36 37 7 Enter the amount 13 of line from the column ... ...... previous ..... 7 123456789 123456789 123456789 37 38 38 39 8 lines Add and6 ...... ...... 7 .. ..... ..... ...... ...... ...... ... 8 123456789 123456789 123456789 39 40 40 41 9 lines Add and11 theof 12 previous column ..... ...... ... ...... ... 9 123456789 123456789 123456789 41 42 10 Subtract line 9 from line 8. 42 43 If thanless enterzero, zero .......... ...... .. 10 123456789 123456789 123456789 123456789 43 44 11 Remaining underpayment from previous 44 45 period. If line 10 is zero, subtract line 8 45 46 from 9.line Otherwise, enter ... zero ..... ...... ..... ...... ..... 11 123456789 123456789 123456789 46 47 12 UNDERPAYMENT. If line 10 is less than or 47 48 equal to line 5, subtract line 10 from line 5, 48 49 enter the result and go to line 6 of the next 49 50 Otherwise,column. togo . . . . . . . . . . . . . .line 13 12 123456789 123456789 123456789 123456789 50 51 13 OVERPAYMENT. If line 5 is less than line 10, 51 52 subtract line 5 from line 10 and enter the 52 53 result. toGo of 6 line the next ..... . column ... 13 123456789 123456789 123456789 123456789 53 54 14 Date underpayment is paid or regular due 54 55 date return,2024 of whichever is earlier .... .... 14 123456789 123456789 123456789 123456789 55 56 15 Number of days from the due date on 56 57 line to4 the date 14 ..... ...... ..line ..... on 15 123456789 123456789 123456789 123456789 57 58 16 Additional charge 58 59 (line 15 ÷ 365 × .08 × line 12) ...... ..... ...... 16 123456789 123456789 123456789 123456789 59 60 60 61 17 TOTAL. Add amounts on line 16. Enter this amount on Form M4NP, line 26 ... ...... ..... ....... ..... ... 17 123456789 61 62 Attach this schedule to Form M4NP. 62 63 9995 63 2 4 6 8 10 12 14 16 18 20 22 24 26 28 30 32 34 36 38 40 42 44 46 48 50 52 54 56 58 60 62 64 66 68 70 72 74 76 78 80 82 84 86 65 65 |