Payment of Estimated Tax: Short Taxable Years

004.01 No payment of estimated tax is required if the short taxable year is: 004.01A A period of less than four months, 004.01B A period of at least four months but less than six months and the basic tax requirements ($300 for individuals, $400 for corporations) are met after the first day of the fourth month, 004.01C A period of at least six months, but less than nine months and the basic tax requirements ($300 for individuals, $400 for corporations) are met after the first day of the sixth month. 004.01D A period of nine months or more and the basic tax requirements ($300 for individuals, $400 for corporations) are met after the first day of the ninth month. (Section 77-2769, R.R.S. 1996. November 11, 1998.)