Form CD-429B Underpayment of Estimated Tax by C-Corporations - North Carolina

What Is Form CD-429B?

This is a legal form that was released by the North Carolina Department of Revenue - a government authority operating within North Carolina. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form CD-429B?A: Form CD-429B is a form used by C-Corporations to report underpayment of estimated tax in North Carolina.

Q: When should Form CD-429B be filed?A: Form CD-429B should be filed if a C-Corporation has underpaid their estimated tax in North Carolina.

Q: Are all C-Corporations required to file Form CD-429B?A: No, Form CD-429B is only required to be filed if a C-Corporation has underpaid their estimated tax in North Carolina.

Q: What information is needed to complete Form CD-429B?A: To complete Form CD-429B, you will need information about your estimated tax payments and the amount of underpayment.

Q: What are the consequences of not filing Form CD-429B?A: Failure to file Form CD-429B may result in penalties and interest on the underpaid amount.

Q: Is there a deadline for filing Form CD-429B?A: Yes, Form CD-429B must be filed by the due date of the C-Corporation's North Carolina corporate income tax return.

Q: Can I amend Form CD-429B if I made an error?A: Yes, you can amend Form CD-429B if you made an error. Use Form CD-429B-X to amend the underpayment information.