Get Mo Mo-2220 2021

The MO MO-2220 form is essential for corporations in Missouri to assess whether they are subject to additional tax for underpayment of estimated tax. This guide provides step-by-step instructions for filling out the form online, ensuring clarity and support for users of all experience levels.

Follow the steps to fill out the MO MO-2220 easily and accurately.

1. Click ‘Get Form’ button to obtain the form and open it in the editor for online completion.
2. Begin by entering 90% of the amount from 2021 tax (Form MO-1120, Lines 14 and 15 less approved credits) or 100% of 2020 tax, whichever is smaller. Note that if this amount is $250 or less, you should not complete this form.
3. In Columns (a) through (d), enter the due dates for each installment corresponding to the 15th day of the 4th, 6th, 9th, and 12th months of the tax year.
4. Calculate and enter 25% of the amount from Line 1 in each of the Columns (a) through (d).
5. Enter the amount paid or credited by the due dates in Columns (a) through (d).
6. Include any overpayment from previous installments in each of the Columns (a) through (d).
7. Compute the total from Lines 4 and 5 and enter this amount in Columns (a) through (d).
8. Calculate the underpayment by subtracting Line 6 from Line 3 and enter the result in Columns (a) through (d).
9. If applicable, refer to the instructions for each exception and complete the relevant parts as necessary.
10. Finally, after reviewing all entries for accuracy, save changes, and use options to download, print or share the completed form.

Start filling out your MO MO-2220 online today for efficient and accurate document management.