Form 40-UT (SFN28744) Underpayment of Estimated Income Tax by Corporations - North Dakota

What Is Form 40-UT (SFN28744)?

This is a legal form that was released by the North Dakota Office of State Tax Commissioner - a government authority operating within North Dakota. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form 40-UT?
A: Form 40-UT is a tax form used for reporting underpayment of estimated income tax by corporations in North Dakota.

Q: Who must file Form 40-UT?
A: Corporations in North Dakota that have underpaid their estimated income tax must file Form 40-UT.

Q: When should Form 40-UT be filed?
A: Form 40-UT must be filed by the original due date of the corporation's income tax return.

Q: What information is required on Form 40-UT?
A: Form 40-UT requires information such as the corporation's name, address, federal employer identification number, amount of underpayment, and explanation for the underpayment.

Q: Are there any penalties for underpayment of estimated income tax?
A: Yes, there may be penalties and interest imposed on the underpayment of estimated income tax. The specific penalty amounts can be found in the North Dakota tax laws.