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Code of Arkansas Rules Title 26 — Taxation

26 CAR § 130-150

Minimum estimated tax — Generally — Arkansas Code § 26-51-912

Official textcodeofarrules.arkansas.gov

# (a)

When a taxpayer files a declaration of estimated tax, it must be either one hundred percent (100%) of the prior year's tax liability or ninety percent (90%) of the tax liability for the current tax year.

# (b)

To avoid underestimate penalty, estimated tax payments shall be made by the quarterly installment due dates.

# (c)

If a taxpayer's income varied during the tax year, it may be able to reduce any underestimate penalties by computing the penalties using the annualized method, in which case both forms AR2220A and AR2220 should be completed.

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In this chapter (40 sections)
  1. 130-116 · Exempt organizations — Definitions and guidelines for…
  2. 130-117 · Accounting methods — Arkansas Code § 26-51-401
  3. 130-118 · Basis for determining liability — Arkansas Code § 26-51-402
  4. 130-119 · Gross income generally — Arkansas Code § 26-51-404
  5. 130-120 · Gain or loss — Sales of property — Arkansas Code § 26-51-411
  6. 130-121 · Gain or loss — Exchange of property — Arkansas Code §…
  7. 130-122 · Corporate liquidations — Arkansas Code § 26-51-413
  8. 130-123 · Deferred compensation plans — Savings Incentive Match Plan…
  9. 130-124 · Deductions — State income taxes — Arkansas Code § 26-51-416
  10. 130-125 · Deductions — Charitable contributions — Arkansas Code §…
  11. 130-126 · Deductions — Expenses — Arkansas Code § 26-51-423
  12. 130-127 · Deductions — Losses — Arkansas Code § 26-51-424
  13. 130-128 · Deductions — Worthless debts — Arkansas Code § 26-51-425
  14. 130-129 · Deductions — Reserve for bad debts or liabilities — Bad debt…
  15. 130-130 · Deductions — Net operating loss (NOL) — Arkansas Code §…
  16. 130-131 · Deductions — Depreciation and expensing of property —…
  17. 130-132 · Federal Subchapter M — Federal Subchapter M adopted —…
  18. 130-133 · FASITs — Arkansas Code § 26-51-440
  19. 130-134 · Youth apprenticeship program — Youth apprenticeship credits —…
  20. 130-135 · Multistate business income — Arkansas Code § 26-51-701
  21. 130-136 · Apportionment — Determination of nexus — Arkansas Code §…
  22. 130-137 · Nonbusiness income — Allocation of nonbusiness income —…
  23. 130-138 · Apportionment — Business income — Determining apportionment…
  24. 130-139 · Property factor — Arkansas Code § 26-51-710 [repealed]
  25. 130-140 · Property factor — Valuation of property — Arkansas Code §…
  26. 130-141 · Payroll factor — Arkansas Code § 26-51-713 [repealed]
  27. 130-142 · Sales factor — Arkansas Code § 26-51-715 [repealed]
  28. 130-143 · Sales factor — Other than tangible personal property —…
  29. 130-144 · Modification of apportionment and allocation — Arkansas Code…
  30. 130-145 · Partnership returns — Arkansas Code § 26-51-802
  31. 130-146 · Corporation returns — Arkansas Code § 26-51-804
  32. 130-147 · Consolidated corporate returns — Arkansas Code § 26-51-805
  33. 130-148 · Filing returns — Arkansas Code § 26-51-806
  34. 130-149 · Filing returns — Arkansas Code § 26-51-807
  35. 130-150 · Minimum estimated tax — Generally — Arkansas Code § 26-51-912
  36. 130-151 · Payment of estimated tax — Arkansas Code § 26-51-913
  37. 130-152 · Water conservation incentives — Arkansas Code § 26-51-1001 et…
  38. 130-153 · Donations and sales to educational institutions — Limit on…
  39. 130-154 · Steel mill tax incentives — Arkansas Code § 26-51-1213
  40. 130-155 · Low-income housing — Housing tax credit — Arkansas Code §…
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