2210-F Underpayment of Estimated Tax by Farmers and Fishermen

Form

2210-F

OMB No. 1545-0140

Underpayment of Estimated Tax by
Farmers and Fishermen
©

Department of the Treasury
Internal Revenue Service

2008

Attach to Form 1040, Form 1040NR, or Form 1041.
© See instructions on back.

Attachment
Sequence No.

Name(s) shown on tax return

06A

Identifying number

In most cases, you do not need to file Form 2210-F. The IRS will figure any penalty you owe and send you a
bill. File Form 2210-F only if one or both of the boxes in Part I apply to you. If you do not need to file Form
2210-F, you still can use it to figure your penalty. Enter the amount from line 23 on the penalty line of your
return, but do not attach Form 2210-F.
Part I
Reasons for Filing—If box 1a below applies to you, you may be able to lower or eliminate your penalty.
But you must check that box and file Form 2210-F with your tax return. If box 1b below applies to you,
check that box and file Form 2210-F with your tax return.
1
a

Check whichever boxes apply (if neither applies, see the text above Part I and do not file Form 2210-F):
You request a waiver. In certain circumstances, the IRS will waive all or part of the penalty. See Waiver of Penalty on
page 2.
Your required annual payment (line 18 below) is based on your 2007 tax and you filed, or are filing, a joint return for either
2007 or 2008 but not for both years.

b

Part II
2
3
4
5
6
7
8
9
10
11
12
13

14
15
16
17
18

19
20

Figure Your Underpayment

Enter your 2008 tax after credits from Form 1040, line 56; Form 1040NR, line 51; or Form 1041,
Schedule G, line 4
Other taxes, including self-employment tax (see instructions)
Add lines 2 and 3. If less than $1,000, you do not owe a penalty; do not file Form 2210-F
5
Earned income credit
6
Additional child tax credit
7
Credit for federal tax paid on fuels
8
Health coverage tax credit
9
Refundable credit for prior year minimum tax
10
First-time homebuyer credit
11
Recovery rebate credit
Add lines 5 through 11
Current year tax. Subtract line 12 from line 4. If less than $1,000, you do not owe a penalty; do
not file Form 2210-F
14
Multiply line 13 by 662⁄ 3 % (.667)
Withholding taxes. Do not include any estimated tax payments on this line (see instructions)
Subtract line 15 from line 13. If less than $1,000, you do not owe a penalty; do not file
Form 2210-F
Enter the tax shown on your 2007 tax return (see instructions)
Required annual payment. Enter the smaller of line 14 or line 17
Note: If line 15 is equal to or more than line 18, stop here; you do not owe the penalty.
Do not file Form 2210-F unless you checked box 1b above.
Enter the estimated tax payments you made by January 15, 2009, and any federal income tax
and excess social security or tier 1 railroad retirement tax withheld during 2008
Underpayment. Subtract line 19 from line 18. If the result is zero or less, stop here; you do not
owe the penalty. Do not file Form 2210-F unless you checked box 1b above

Part III

2
3
4

12
13

15
16
17
18

19
20

Figure the Penalty

21

Enter the date the amount on line 20 was paid or April 15, 2009, whichever is earlier

21

22

Number of days from January 15, 2009, to the date on line 21

22

23

Penalty. Underpayment
on line 20

Number of days on line 22
×
.05
365
● Form 1040 filers, enter the amount from line 23 on Form 1040, line 76.
● Form 1040NR filers, enter the amount from line 23 on Form 1040NR, line 74.
● Form 1041 filers, enter the amount from line 23 on Form 1041, line 26.
×

For Paperwork Reduction Act Notice, see page 3.

Cat. No. 11745A

©

/

/ 09

23

Form

2210-F

(2008)

Form 2210-F (2008)

Section references are to the Internal
Revenue Code.

General Instructions
Purpose of Form
If you are an individual or a fiduciary for
an estate or trust and at least two-thirds
of your 2007 or 2008 gross income is
from farming or fishing, use Form
2210-F to see if you owe a penalty for
underpaying your estimated tax.
For a definition of gross income from
farming and fishing and more details,
see chapter 2 of Pub. 505, Tax
Withholding and Estimated Tax.

The IRS Will Figure the
Penalty for You
In most cases, the IRS will figure the
penalty for you. Complete your return as
usual, leave the penalty line on your
return blank, and do not attach Form
2210-F. If you owe the penalty, we will
send you a bill. And as long as you file
your return by April 15, 2009, we will not
charge you interest on the penalty if you
pay by the date specified on the bill.
If you checked either of the
boxes in Part I of the form,
you must figure the penalty
CAUTION
yourself and attach the
completed form to your return.

Who Must Pay the
Underpayment Penalty
You may owe the penalty for 2008 if you
did not pay at least the smaller of (a)
two-thirds of the tax shown on your 2008
return, or (b) 100% of the tax shown on
your 2007 return.
Return. In these instructions, “return”
refers to your original income tax return.
However, an amended return is
considered the original return if it is filed
by the due date (including extensions) of
the original return. Also, a joint return that
replaces previously filed separate returns
is considered the original return.

Exceptions to the Penalty
You will not have to pay the penalty or
file this form if any of the following
applies.
● You file your return and pay the tax
due by March 2, 2009.
● You had no tax liability for 2007, you
were a U.S. citizen or resident alien for
all of 2007 (or an estate of a domestic
decedent or a domestic trust), and your
2007 return was (or would have been
had you been required to file) for a full
12 months.

Page

● The total tax shown on your 2008
return minus the amount of tax you paid
through withholding is less than $1,000.
To determine whether the total tax is
less than $1,000, complete lines 2
through 16.

Waiver of Penalty
If you have an underpayment on line 20,
all or part of the penalty for that
underpayment will be waived if the IRS
determines that:
● The underpayment was due to a
casualty, disaster, or other unusual
circumstance, and it would be inequitable
to impose the penalty, or
● In 2007 or 2008, you retired after
reaching age 62 or became disabled, and
your underpayment was due to
reasonable cause.
To request either of the above waivers,
do the following:
● Check the box on line 1a.
● Complete Form 2210-F through line 22
without regard to the waiver. Enter the
amount you want waived in parentheses
on the dotted line to the left of line 23.
Subtract this amount from the total
penalty you figured without regard to the
waiver, and enter the result on line 23.
● Attach Form 2210-F and a statement
to your return explaining the reasons you
were unable to meet the estimated tax
requirements.
● If you are requesting a penalty waiver
due to a casualty, disaster, or other
unusual circumstance, attach
documentation such as copies of police
and insurance company reports.
● If you are requesting a penalty waiver
due to retirement or disability, attach
documentation that shows your
retirement date (and your age on that
date) or the date you became disabled.
The IRS will review the information you
provide and will decide whether to grant
your request for a waiver.

Specific Instructions
If you file an amended return by the due
date of your original return, use the
amounts shown on your amended return
to figure your underpayment. If you file an
amended return after the due date of
your original return, use the amounts
shown on the original return.
Exception. If you and your spouse file a
joint return after the due date to replace
previously filed separate returns, use the
amounts shown on the joint return to
figure your underpayment.

2

Line 3
Enter the total of the following amounts
on line 3.
● Self-employment tax.
● Tax from recapture of investment
credit, low-income housing credit,
qualified electric vehicle credit, Indian
employment credit, new markets credit,
credit for employer-provided childcare
facilities, alternative motor vehicle credit,
or credit for alternative fuel vehicle
refueling property.
● Tax on early distributions from (a) an
IRA or other qualified retirement plan, (b)
an annuity, or (c) a modified endowment
contract entered into after June 20, 1988.
● Tax on distributions from a Coverdell
education savings account or a qualified
tuition program not used for qualified
education expenses.
● Tax on Archer MSA, Medicare
Advantage MSA, or health savings
account distributions not used for
qualified medical expenses.
● Additional tax on health savings
account because you did not remain an
eligible individual during the testing
period.
● Tax for failure to maintain
high-deductible health plan coverage.
● Section 72(m)(5) excess benefits tax.
● Advance earned income credit
payments.
● Interest due under sections 453(l)(3)
and 453A(c) on certain installment sales
of property.
● Tax on income not effectively
connected with a U.S. trade or business
from Form 1040NR, lines 52 and 55.
● Tax on electing small business trusts
included on Form 1041, Schedule G,
line 7.
● An increase or decrease in tax as a
shareholder in a qualified electing fund.
● Tax on accumulation distribution of
trusts.
● Household employment taxes, before
subtracting any advance EIC payments
made to your employees. Do not include
this amount if you will enter -0- on Form
2210-F, line 15, and the amount on line
13 (excluding household employment
taxes) would be less than $1,000.
● Additional tax on income received from
a nonqualified deferred compensation
plan that fails to meet certain
requirements.
● Additional tax on recapture of a
charitable contribution of a fractional
interest in tangible personal property.

Form 2210-F (2008)

Page

Line 15

Line 19

Enter the taxes withheld shown on Form
1040, lines 62 and 65; Form 1040NR,
lines 58, 60, 65, 66a, 66b, 67a, and 67b.
For an estate or trust, enter the amount
from Form 1041, line 24e.

If you are a household employer and
made advance EIC payments, include
those payments as estimated tax
payments as of the date you paid the
wages to your employee(s).

Line 17
Figure your 2007 tax by using the taxes
and credits shown on your 2007 tax
return. Use the same taxes and credits
shown on lines 2, 3, and 5 through 11 of
this form.
If you are filing a joint return for 2008
but you did not file a joint return for 2007,
add the tax shown on your 2007 return to
the tax shown on your spouse’s 2007
return and enter the total on line 17
(figured as explained above).
If you filed a joint return for 2007 but
you are not filing a joint return for 2008,
see chapter 4 of Pub. 505 to figure your
share of the 2007 tax to enter on line 17.
If you did not file a return for 2007 or if
your 2007 tax year was less than 12
months, do not complete line 17. Instead,
enter the amount from line 14 on line 18.
However, see Exceptions to the Penalty
on page 2.

Paperwork Reduction Act Notice. We
ask for the information on this form to
carry out the Internal Revenue laws of the
United States. You are required to give
us the information. We need it to ensure
that you are complying with these laws
and to allow us to figure and collect the
right amount of tax.
You are not required to provide the
information requested on a form that is
subject to the Paperwork Reduction Act
unless the form displays a valid OMB
control number. Books or records
relating to a form or its instructions must
be retained as long as their contents may
become material in the administration of
any Internal Revenue law. Generally, tax
returns and return information are
confidential, as required by section 6103.

3

The time needed to complete and file
this form will vary depending on
individual circumstances. The estimated
burden for individual taxpayers filing this
form is approved under OMB control
number 1545-0074 and is included in the
estimates shown in the instructions for
their individual income tax return. The
estimated burden for all other taxpayers
who file this form is shown below.
Recordkeeping, 39 min.; Learning
about the law or the form, 10 min.;
Preparing the form, 20 min.; Copying,
assembling, and sending the form to
the IRS, 20 min.
If you have comments concerning the
accuracy of these time estimates or
suggestions for making this form simpler,
we would be happy to hear from you.
See the instructions for the tax return
with which this form is filed.