40-ES: Form 40-ES - 2024 Estimated Tax Form (2024)
North Dakota · ND Tax Commissioner · Used for tax years 2024
North Dakota Form 40-ES is a corporation estimated income tax payment voucher for 2024. It identifies the corporation, its federal employer identification number, and the payment amount so the payment can be credited to the correct account.
Who files this form
A corporation must make estimated tax payments if both conditions apply:
- Its estimated state income tax liability, after withholding, exceeds $5,000.
- Its previous year's state income tax liability, before withholding or estimated payments, exceeded $5,000.
The corporation must pay at least one-fourth of the amount due on each of four prescribed payment dates. Use Form 40-ES when paying by check or money order, but not when paying electronically.
Estimated payments are not required for short-period returns covering less than 120 days.
When it's due
The tax year 2024 form prints these timing rules, rather than a list of specific 2024 installment dates:
- Calendar-year corporations: The first payment is due no later than April 15 following the close of the calendar year.
- Fiscal-year corporations: The first payment is due no later than the 15th day of the fourth month following the close of the fiscal year.
- Remaining installments: Payments are due on the 15th day of the sixth and ninth months of the taxable year and the first month of the following year.
- Short periods longer than 120 days: If the period ends before any remaining estimated-payment due dates, the final payment is due on the 15th day of the last month of the short period.
An extension of time to pay estimated tax cannot be granted.
What you'll need
For a payment by check or money order, use the Form 40-ES voucher. Have these details ready:
- Corporation name as it will appear on Form 40.
- Federal Employer Identification Number (FEIN).
- Mailing address, including city, state, and ZIP code.
- Payment amount.
- Tax year beginning and ending dates, if filing on a fiscal-year or short-period basis. Otherwise, leave those date fields blank.
Include the check or money order with the voucher.
How to file
By mail: Complete and detach the Form 40-ES voucher. Make the check or money order payable to North Dakota State Tax Commissioner. Write "2024 40-ES" on the check.
Mail the payment and voucher to:
Office of State Tax Commissioner
600 E. Boulevard Ave., Dept. 127
Bismarck, ND 58505-0599
Electronically: Payments may be made by ACH credit, electronic check, debit card, or credit card. Visit www.tax.nd.gov to make an electronic payment or get ACH credit information. Do not use the Form 40-ES voucher for an electronic payment.
Common mistakes
- Combining payments: Do not combine estimated income tax payments with any other payment to the Office of State Tax Commissioner.
- Using the voucher incorrectly: Include it with a check or money order to ensure proper account credit. Do not use it for electronic payments.
- Missing identification: Failure to provide the required identifying number may delay or prevent processing.
- Completing tax-year dates incorrectly: Enter beginning and ending dates for fiscal-year or short-period returns. Otherwise, leave them blank.
- Forgetting the check notation: Write "2024 40-ES" on the check.
- Expecting a payment extension: Extensions of time to pay estimated tax cannot be granted.
Questions people ask
What if my estimated tax amount changes?
If the total estimated income tax is more or less than originally determined, adjust the next installment accordingly.
Can a prior-year overpayment cover estimated payments?
Yes. An overpayment from the prior taxable year may be credited to the current year's estimated payments.
How is withholding from oil and gas royalties treated?
Unless demonstrated otherwise, one-fourth of the total withheld is treated as paid by each quarter's payment due date.
Will the tax office notify me about underpayment interest?
Yes. The office will notify the taxpayer of interest owed on an underpayment. Taxpayers may also calculate the interest using Form 40-UT, available at www.tax.nd.gov/forms.