Arkansas Underpayment of Estimated Tax
Extracted from PDF file 2023-arkansas-form-ar2220.pdf, last modified June 2023Underpayment of Estimated Tax
PRINT FORM AR2220A-CT CLEAR FORM CTAU231 6WDWHRI$UNDQVDV $QQXDOL]HG,QFRPH)RU8QGHUSD\PHQWRI (VWLPDWHG7D[E\&RUSRUDWLRQV &KHFNWKLVER[LI\RXÀOHGDVWDWH RUDQDXWRPDWLFIHGHUDOH[WHQVLRQ Tax Year beginning _____ / ______ / ______ and ending ______ / _____ / _____ Corporation FEIN 3$57 $QQXDOL]HG,QFRPH0HWKRG $ % & ' )LUVW PRQWKV )LUVW PRQWKV )LUVW PRQWKV 4 2 1.33333 3HULRG 1. Enter taxable income for each period: (Attach Quarterly Income Statement) 1 2. Annualization amounts: 2 3. Annualized taxable income: (Line 1 x Line 2) 3 3HULRG 4. Enter taxable income for each period: (Attach Quarterly Income Statement) 4 5. Annualization amounts: 5 6. Annualized taxable income: (Line 4 x Line 5) 6 7. Adjusted annualized taxable income: (In Column (A), enter the amount from )LUVW PRQWKV )LUVW PRQWKV )LUVW PRQWKV )LUVW 0RQWKV 4.0 2.4 1.5 1.09091 22.5% 45% 67.5% 90% $ % & ' UG 4XDUWHU 4th 4XDUWHU Line 6, Column (A). In Columns (B), (C), and (D), enter the smaller of the amounts in each column on Line 3 or Line 6) 7 8 8. Tax: Compute tax from Tax Table on amount in each Column on Line 7. 9. Business and Incentive Credit: (Enter one-fourth (1/4) of Business 10. Total tax after credit: (Line 8 less Line 9, if zero or less, enter zero) and Incentive Credits as allowed on AR1100CT, Line 32, for each period) 9 10 11. Applicable percentage: 11 12. Annualized tax: (Line 10 x Line 11) 12 13. Add the amounts in all preceding columns of Line 20: (See Instructions) 14. Note: Complete Col. (A) before Col. (B), (B) before (C), and (C) before (D). 13 Adjusted Annualized Tax: (Line 12 less Line 13, if zero or less, enter zero) 14 3$57 5HTXLUHG(VWLPDWHV 3HULRG 1st 4XDUWHU 15. Adjusted Annualized Tax: (Enter the amounts in each Column from Line 14) 15 16. Divide Line 3, Form AR2220-CT by 4 and enter the result in each Column: 16 17. Enter the amount from Line 19 of the preceding column: 17 18. Add Line 16 and 17: 18 19. If Line 18 is more than Line 15, subtract Line 15 from Line 18, otherwise enter zero: 20. 19 Required Estimates: Enter the smaller of Line 15 or Line 18 here and on Form AR2220-CT, Column B, Line 2, 5, 8, and 11. AR2220A (R 6/24/2022) 20 QG 4XDUWHU
2023_AR2220A-CT_BC.pdf
More about the Arkansas Form AR2220 Corporate Income Tax Estimated TY 2023
We last updated the Underpayment of Estimated Tax in February 2024, so this is the latest version of Form AR2220, fully updated for tax year 2023. You can download or print current or past-year PDFs of Form AR2220 directly from TaxFormFinder. You can print other Arkansas tax forms here.
eFile your Arkansas tax return now
eFiling is easier, faster, and safer than filling out paper tax forms. File your Arkansas and Federal tax returns online with TurboTax in minutes. FREE for simple returns, with discounts available for TaxFormFinder users!
File Now with TurboTaxOther Arkansas Corporate Income Tax Forms:
TaxFormFinder has an additional 39 Arkansas income tax forms that you may need, plus all federal income tax forms.
Form Code | Form Name |
---|---|
Form AR1000TC | Schedule of Tax Credits and Business Incentive Credits |
Form AR1100CT | Corporation Income Tax Return |
Form AR1100S | Subchapter S Corporation Income Tax Return |
Form AR1103-Supp | Supplemental |
Form AR1113 | Phenylketonuria & Other Metabolic Disorders Credit |
View all 40 Arkansas Income Tax Forms
Form Sources:
Arkansas usually releases forms for the current tax year between January and April. We last updated Arkansas Form AR2220 from the Department of Revenue in February 2024.
Form AR2220 is an Arkansas 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 Arkansas Form AR2220
We have a total of twelve past-year versions of Form AR2220 in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:
2023_AR2220A-CT_BC.pdf
2021_AR2220_BC.pdf
2020_AR2220_BC.pdf
2011CBooklet (3) copy copy.indd
2011CBooklet (3) copy copy.indd
2011CBooklet (3) copy copy.indd
2011CBooklet (3) copy copy.indd
2010CBooklet (3).indd
2010CBooklet (3).indd
TaxFormFinder Disclaimer:
While we do our best to keep our list of Arkansas 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.