Montana Fiduciary Estimated Tax Annualization Worksheet

Fiduciary Estimated Tax Annualization Worksheet
Form ESA-FID (Obsolete)
Clear Form
MONTANA
ESA-FID
Rev 10 17

2018 Fiduciary Estimated Tax Annualization Worksheet
Name of Estate or Trust

Federal Employer Identification Number

A fiduciary should complete Form ESW-FID (Fiduciary Estimated Income Tax Worksheet) before beginning this worksheet.
Complete one column of this worksheet before continuing to the next.
Jan 1 - Mar 31

Jan 1 - May 31

Jan 1 - Aug 31

Jan 1 - Dec 31

1st Period
2018

2nd Period
2018

3rd Period
2018

4th Period
2018

4

2.4

1.5

1

2,440

2,440

2,440

2,440

22.5% (0.225)

45% (0.450)

67.5% (0.675)

1. Enter your Montana adjusted gross income for each
period (see instructions).................................................... 1.
2. Enter the expected income distribution deduction for
each period........................................................................ 2.
3. Subtract line 2 from line 1. If zero or less, enter zero........ 3.
4. Annualization amounts...................................................... 4.
5. Multiply line 3 by line 4 and enter results (annualized
income).............................................................................. 5.
6. Exemption......................................................................... 6.
7. Subtract line 6 from line 5. If zero or less, enter zero........ 7.
8. Figure your tax on the amount on line 7 (see instructions)..... 8.
9. If the estate/trust has net capital gains included on line
3, multiply the net capital gains amount by 2% (0.020)
and enter the result........................................................... 9.
10. Subtract line 9 from line 8................................................ 10.
11. Enter nonrefundable tax credits for each period............. 11.
12. Subtract line 11 from line 10. This is your total tax....... 12.
13. Applicable percentage..................................................... 13.

90% (0.900)

14. Multiply line 12 by line 13................................................ 14.
15. Add amounts in all preceding columns of line 21............ 15.
16. Annualized income installment. Subtract line 15 from
line 14. If zero or less, enter zero.................................... 16.
17. Divide line 9 of Form ESW-FID by four and enter result
in each column................................................................ 17.
18. Enter the amount from line 20 of the preceding column... 18.
19. Add lines 17 and 18......................................................... 19.
20. If line 19 is more than line 16, subtract line 16 from line
19, otherwise enter zero.................................................. 20.
21. Enter the smaller of either line 16 or line 19.................... 21.
22. Enter estimated 2018 withholding for each period.��������� 22.
23. Enter the amount of your overpayments from the prior
year................................................................................. 23.
24. Enter the estimated amount of refundable credits for
each period...................................................................... 24.
25. Subtract lines 22 through 24 from line 21. This is your
required estimated tax payment for each quarter...... 25.
If a fiduciary files a Montana income tax return for estates and trusts electronically, the fiduciary does not need to mail this form to us
unless we ask for a copy. When a fiduciary files electronically, the fiduciary represents that an estate or trust has retained the required
documents as part of its tax records and will provide them upon the department’s request.

General Information on Annualizing
If the income of an estate or trust fluctuates or is seasonal, a fiduciary may be able to lower the amount of one or more
required estimated tax installments by annualizing the income. To see if an estate or trust can pay less for any period, first
complete the Fiduciary Estimated Income Tax Worksheet (Form ESW-FID), then complete the Fiduciary Estimated Tax
Annualization Worksheet (Form ESA-FID). Complete one column before continuing to the next. This worksheet annualizes
the tax at the end of each period based on a reasonable estimate of income and deductions from the beginning of the tax
year through the end of each period. If a fiduciary uses the annualized income worksheet for any payment due date, a
fiduciary has to use it for all subsequent payment due dates. If a fiduciary uses the annualized income installment method,
then include the Form ESA-FID with the estate or trust’s tax return if filing on paper.

Form ESA-FID Instructions
To figure the amount of each required installment, the worksheet selects the smaller of the annualized income installment
or the regular installment (that has been increased by the amount saved by using the annualized income installment
method in figuring any earlier installments).
Line 1	 For each period (column), figure the total income including adjustments to income. Include income or loss items
from partnerships or S corporations for the period.
Line 2	 For each period (column), figure the total income distribution deduction.
Line 6	 To compute the tax, use the tax table below.

2018 Montana Individual Income Tax Table

If Your Taxable
Multiply
If Your Taxable
Multiply
But Not
And
This Is
But Not
And
This Is
Income Is
Your Taxable
Income Is
Your Taxable
More Than
Subtract Your Tax
More Than
Subtract Your Tax
More Than
Income By
More Than
Income By
$0
$3,000
1% (0.010)
$0
$10,800
$13,900
5% (0.050)
$270
$3,000
$5,200
2% (0.020)
$30
$13,900
$17,900
6% (0.060)
$409
$5,200
$8,000
3% (0.030)
$82
More Than $17,900
6.9% (0.069)
$570
$8,000
$10,800
4% (0.040)
$162
For example:	
Taxable income $6,800 X 3% (0.030) = $204.	
$204 minus $82 = $122 tax
Administrative Rules of Montana: 42.17.305, 42.17.308 and 42.17.309
Questions? Please call us at (406) 444-6900.