The period of the underpayment will run from the due date of the required installment to whichever of the following dates is the earlier:
(ii) The period of the underpayment will run from the due date of the required installment to whichever of the following dates is the earlier:
(a)the 15th day of the fourth month following the close of the taxable year; or#
(a) the 15th day of the fourth month following the close of the taxable year; or
(b)with respect to any portion of the underpayment, the date on which such portion is paid.#
(b) with respect to any portion of the underpayment, the date on which such portion is paid. For purposes of this clause, a payment of estimated tax will be credited against unpaid required installments in the order in which such installments are required to be paid.