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The document outlines the instructions for completing Form MO-2220, which is used by corporations in Missouri to determine if they owe an addition to tax for underpayment of estimated tax. It details the calculation process for determining underpayments, exceptions that may apply, and how to compute any additional tax owed. The form requires information on prior year taxes, installment due dates, and various exceptions based on income calculations.

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Click 'Get Form' to open the form in the editor.
Begin by entering 90% of the amount from your 2022 tax return on Line 1. If this amount is $250 or less, you do not need to complete this form.
In Columns (a) through (d), input the installment due dates corresponding to the 15th day of the 4th, 6th, 9th, and 12th months of your tax year.
Calculate and enter 25% of Line 1 in Columns (a) through (d) on Line 3.
Record any amounts paid or credited by the installment due date in Line 4.
If applicable, indicate any overpayment from previous installments on Line 5.
Complete Lines for underpayment and overpayment calculations as instructed, ensuring all fields are filled accurately.

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