Except as provided under par. (h), the amount of each installment required under par. (cm) is 25 percent of the lesser of the following amounts: 1.
(1)#
Ninety percent of the withholding tax under sub. (2) that is due for the taxable year.
(2)#
The withholding tax due under sub. (2) for the preceding taxable year, except that this subdivision does not apply if the preceding taxable year was less than 12 months or if the pass-through entity did not file a return under par. (a) for the preceding taxable year.