Get the free 355-ES Corporate Estimated Tax Payment Voucher

This document is used by corporations in Massachusetts to submit their estimated tax payments for the year 2005, including various payment vouchers.

How to fill out 355-es corporate estimated tax

How to fill out 355-ES Corporate Estimated Tax Payment Voucher

1. Obtain the 355-ES form from the New York State Department of Taxation and Finance website.
2. Enter your corporation's name as it appears on the tax return.
3. Fill in the Federal Employer Identification Number (FEIN) in the designated area.
4. Provide the corporation's address, including the city, state, and ZIP code.
5. Indicate the estimated tax period for which you are submitting the payment.
6. Calculate the estimated tax due for the current tax year.
7. Enter the amount of the estimated tax payment in the designated box.
8. Include any prior overpayments that may apply to this estimated tax payment.
9. Sign and date the form to certify the accuracy of the information provided.
10. Submit the completed 355-ES form along with the payment to the appropriate address.

Who needs 355-ES Corporate Estimated Tax Payment Voucher?

1. Corporations doing business in New York State that expect to owe more than $500 in taxes for the year.
2. Businesses that need to make estimated tax payments to avoid penalties.
3. Corporations with income that may not have sufficient withholding taxes paid throughout the year.

People Also Ask about

Why am I getting estimated tax vouchers?

The vouchers are for next year's taxes. We'll automatically include four quarterly 1040-ES vouchers with your printout if you didn't withhold or pay enough tax this year. We do this to head off a possible underpayment penalty on next year's taxes.

Do companies have to pay taxes quarterly?

If your business is a corporation, or a limited liability company structured as a corporation, the quarterly estimated tax payments are made by the business and apply to the business's corporate FTB Form 100 and IRS Form 1120.

What is Massachusetts Form 355 ES?

Payments are made on Form 355-ES, “Corporate Estimated Tax Payment,” which must be filed electronically through MassTaxConnect. Estimated taxes must either be: Paid in full on or before the 15th day of the third month of the corporation's taxable year, or. Paid in four installments.

How do corporations pay for their tax costs?

The taxes are paid on a company's taxable income, which includes revenue minus expenses. Expenses include cost of goods sold (COGS), general and administrative (G&A) expenses, selling and marketing, research and development, depreciation, and other operating costs.

How to pay estimated taxes as s corp?

How to pay your estimated taxes. Form 1040-ES can be submitted along with your estimated payment by mail, online, or via the IRS2Go app. You can pay your estimated taxes once-off or in installments, as long as the total amount is paid by the deadline at the end of the quarter.

How do I print a 1040 ES payment voucher?

Follow these steps to print blank estimate vouchers. Go to the. Est. screen in the. Payments. Select the. Print estimate filing instructions with blank amounts with Code 4. field to print the estimate filing instructions as if the estimates were calculated. The filing instructions will print with blank amount fields.

For pdfFiller’s FAQs

What is 355-ES Corporate Estimated Tax Payment Voucher?

The 355-ES Corporate Estimated Tax Payment Voucher is a form used by corporations in certain jurisdictions to make estimated tax payments to the state. It is typically used to report and pay estimated income taxes for the current tax year.

Who is required to file 355-ES Corporate Estimated Tax Payment Voucher?

Corporations that expect to owe a certain amount of corporate income tax during the tax year are generally required to file the 355-ES Corporate Estimated Tax Payment Voucher. This includes corporations that anticipate their tax liability will exceed a specific threshold.

How to fill out 355-ES Corporate Estimated Tax Payment Voucher?

To fill out the 355-ES Corporate Estimated Tax Payment Voucher, corporations must provide their identifying information, calculate their estimated tax liability, and enter the payment amount. Accurate figures based on expected income and expenses should be used to avoid underpayment penalties.

What is the purpose of 355-ES Corporate Estimated Tax Payment Voucher?

The purpose of the 355-ES Corporate Estimated Tax Payment Voucher is to facilitate the timely payment of estimated corporate income taxes to the state, ensuring that corporations meet their tax obligations and avoiding penalties for underpayment.

What information must be reported on 355-ES Corporate Estimated Tax Payment Voucher?

The information that must be reported on the 355-ES Corporate Estimated Tax Payment Voucher includes the corporation's name, address, tax identification number, the estimated tax amount, and the payment due date. Additionally, any prior payments or credits may need to be reported.