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Clear Formulate OF HAWAII DEPARTMENT OF TAXATIONUnderpayment of Estimated Tax by Corporations and S CorporationsFORMN220 (REV. 2020)Name as shown on tax returner I2020Attach this form to your tax
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What is form n-220 rev underpayment?
Form N-220 REV is a tax form used by taxpayers in certain jurisdictions to report underpayment of taxes owed to the state.
Who is required to file form n-220 rev underpayment?
Taxpayers who have underpaid their estimated tax payments and owe a certain amount of tax as outlined by the state tax regulations are required to file Form N-220 REV.
How to fill out form n-220 rev underpayment?
To fill out Form N-220 REV, taxpayers must provide their personal information, calculate their total tax liability, report any previous payments made, and indicate the amount of underpayment.
What is the purpose of form n-220 rev underpayment?
The purpose of Form N-220 REV is to assess and report any tax underpayments, allowing the state to collect any outstanding tax owed by the taxpayer.
What information must be reported on form n-220 rev underpayment?
Form N-220 REV requires taxpayers to report their name, address, social security number, total tax liability, amount of estimated tax payments, and any underpayment amount.
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