2210 Underpayment of Estimated Tax by Individuals, Estates, a

Form

2210

Department of the Treasury
Internal Revenue Service

Underpayment of
Estimated Tax by Individuals, Estates, and Trusts
©

©

See separate instructions.
Attach to Form 1040, 1040A, 1040NR, 1040NR-EZ, or 1041.

OMB No. 1545-0140

2008
Attachment
Sequence No.

Name(s) shown on tax return

06

Identifying number

Do You Have To File Form 2210?
Complete lines 1 through 7 below. Is line 7 less than $1,000?
Ä

© Do not file Form 2210. You do not owe a penalty.

Yes

You do not owe a penalty. Do not file Form 2210
© (but if box E in Part II applies, you must file page 1
of Form 2210).

Yes

You must file Form 2210. Does box B, C, or
© D in Part II apply?

No

Complete lines 8 and 9 below. Is line 6 equal to or more
than line 9?
Ä

Yes

No

You may owe a penalty. Does any box in Part II below apply?

Yes

No
No

Part I
1
2
3

4
5
6
7
8
9

B
C
D

E

You are not required to figure your penalty because
the IRS will figure it and send you a bill for any unpaid
amount. If you want to figure it, you may use Part III
or Part IV as a worksheet and enter your penalty
amount on your tax return, but file only page 1 of
Form 2210.

Required Annual Payment

1
Enter your 2008 tax after credits from Form 1040, line 56 (see instructions if not filing Form 1040)
2
Other taxes, including self-employment tax (see page 2 of the instructions)
Refundable credits. Enter the total of your earned income credit, additional child tax credit, credit
for federal tax paid on fuels, health coverage tax credit, refundable credit for prior year minimum
)
3 (
tax, first-time homebuyer credit, and recovery rebate credit
Current year tax. Combine lines 1, 2, and 3. If less than $1,000, you do not owe a penalty;
4
do not file Form 2210
5
Multiply line 4 by 90% (.90)
6
Withholding taxes. Do not include estimated tax payments. (see page 2 of the instructions)
7
Subtract line 6 from line 4. If less than $1,000, you do not owe a penalty; do not file Form 2210
8
Maximum required annual payment based on prior year’s tax (see page 2 of the instructions)
9
Required annual payment. Enter the smaller of line 5 or line 8
Next: Is line 9 more than line 6?
No. You do not owe a penalty. Do not file Form 2210 unless box E below applies.
Yes. You may owe a penalty, but do not file Form 2210 unless one or more boxes in Part II below applies.
● If box B, C, or D applies, you must figure your penalty and file Form 2210.
● If only box A or E (or both) applies, file only page 1 of Form 2210. You are not required to figure your penalty; the IRS
will figure it and send you a bill for any unpaid amount. If you want to figure your penalty, you may use Part III or IV as
a worksheet and enter your penalty on your tax return, but file only page 1 of Form 2210.

Part II
A

©

Ä
Do not file Form 2210. You are not required to figure
your penalty because the IRS will figure it and send
you a bill for any unpaid amount. If you want to figure
it, you may use Part III or Part IV as a worksheet and
enter your penalty amount on your tax return, but do
not file Form 2210.

© You must figure your penalty.

Reasons for Filing. Check applicable boxes. If none apply, do not file Form 2210.
You request a waiver (see page 2 of the instructions) of your entire penalty. You must check this box and file page 1
of Form 2210, but you are not required to figure your penalty.
You request a waiver (see page 2 of the instructions) of part of your penalty. You must figure your penalty and waiver
amount and file Form 2210.
Your income varied during the year and your penalty is reduced or eliminated when figured using the annualized
income installment method. You must figure the penalty using Schedule Al and file Form 2210.
Your penalty is lower when figured by treating the federal income tax withheld from your income as paid on the
dates it was actually withheld, instead of in equal amounts on the payment due dates. You must figure your penalty
and file Form 2210.
You filed or are filing a joint return for either 2007 or 2008, but not for both years, and line 8 above is smaller than
line 5 above. You must file page 1 of Form 2210, but you are not required to figure your penalty (unless box B,
C, or D applies).

For Paperwork Reduction Act Notice, see page 6 of separate instructions.

Cat. No. 11744P

Form

2210

(2008)

Form 2210 (2008)

Page

Part III
Short Method
Can You Use
the Short Method?

Must You Use
the Regular Method?

2

You may use the short method if:
● You made no estimated tax payments (or your only payments were
withheld federal income tax), or
● You paid the same amount of estimated tax on each of the four
payment due dates.
You must use the regular method (Part IV) instead of the short method if:
● You made any estimated tax payments late,
● You checked box C or D in Part II, or
● You are filing Form 1040NR or 1040NR-EZ and you did not receive
wages as an employee subject to U.S. income tax withholding.

Note: If any payment was made earlier than the due date, you may use the short method, but using it may cause
you to pay a larger penalty than the regular method. If the payment was only a few days early, the difference is
likely to be small.
10

10

Enter the amount from Form 2210, line 9

11

Enter the amount, if any, from Form 2210, line 6

11

12

Enter the total amount, if any, of estimated tax payments you made

12

13
14

Add lines 11 and 12
Total underpayment for year. Subtract line 13 from line 10. If zero or less, stop here; you do
not owe the penalty. Do not file Form 2210 unless you checked box E in Part II

13

15

Multiply line 14 by .03571

15

16

● If the amount on line 14 was paid on or after 4/15/09, enter -0-.
● If the amount on line 14 was paid before 4/15/09, make the following computation to find the
amount to enter on line 16.
Amount on
3
line 14

17

Number of days paid
3
before 4/15/09

.00014

Penalty. Subtract line 16 from line 15. Enter the result here and on Form 1040, line 76; Form
1040A, line 48; Form 1040NR, line 74; Form 1040NR-EZ, line 26; or Form 1041, line 26. Do not
©
file Form 2210 unless you checked a box in Part II

14

16

17
Form

2210

(2008)

Form 2210 (2008)

Page

3

Part IV

Regular Method (See page 3 of the instructions if you are filing Form 1040NR or 1040NR-EZ.)
Payment Due Dates
Section A—Figure Your Underpayment
(a)
(b)
(c)
(d)
4/15/08
18

19

20
21
22
23
24
25

26

Required installments. If box C in Part II applies, enter
the amounts from Schedule AI, line 25. Otherwise, enter
25% (.25) of line 9, Form 2210, in each column
Estimated tax paid and tax withheld (see page 3 of
the instructions). For column (a) only, also enter the
amount from line 19 on line 23. If line 19 is equal to
or more than line 18 for all payment periods, stop
here; you do not owe a penalty. Do not file Form
2210 unless you checked a box in Part II
Complete lines 20 through 26 of one column
before going to line 20 of the next column.
Enter the amount, if any, from line 26 in the previous
column
Add lines 19 and 20
Add the amounts on lines 24 and 25 in the previous column
Subtract line 22 from line 21. If zero or less, enter -0-.
For column (a) only, enter the amount from line 19
If line 23 is zero, subtract line 21 from line 22.
Otherwise, enter -0Underpayment. If line 18 is equal to or more than
line 23, subtract line 23 from line 18. Then go to line
20 of the next column. Otherwise, go to line 26 ©
Overpayment. If line 23 is more than line 18, subtract line
18 from line 23. Then go to line 20 of the next column

6/15/08

9/15/08

1/15/09

18

19

20
21
22
23
24

25
26

Rate Period 4

Rate Period 3

Rate Period 2

Rate Period 1

Section B—Figure the Penalty (Complete lines 27 through 34 of one column before going to the next column.)

35

27

28

4/15/08

April 16, 2008—June 30, 2008
Number of days from the date shown above
line 27 to the date the amount on line 25 was paid
or 6/30/08, whichever is earlier

27

Underpayment on line 25
Number of
(see page 4 of
days on line 27
3
3 .06
the instructions)
366

28 $

©

Days:

6/15/08
Days:

$
6/30/08

July 1, 2008—September 30, 2008

Days:

29

Number of days from the date shown above
line 29 to the date the amount on line 25 was paid
or 9/30/08, whichever is earlier

29

30

Underpayment on line 25
Number of
(see page 4 of
days on line 29
3
3 .05
the instructions)
366

30 $

©

6/30/08
Days:

$
9/30/08

October 1, 2008—December 31, 2008

Days:

31

Number of days from the date shown above
line 31 to the date the amount on line 25 was paid
or 12/31/08, whichever is earlier

31

32

Underpayment on line 25
Number of
(see page 4 of
days on line 31
3
3 .06
the instructions)
366

32 $

©

Days:

$

Days:

33

Number of days from the date shown above line
33 to the date the amount on line 25 was paid
or 4/15/09, whichever is earlier

33

34

Underpayment on line 25
Number of
(see page 4 of
days on line 33
3
3 .05
the instructions)
365

34 $

©

$
9/30/08

12/31/08

January 1, 2009—April 15, 2009

9/15/08
Days:

9/30/08
Days:

$
12/31/08

Days:

$

12/31/08
Days:

$

Penalty. Add all amounts on lines 28, 30, 32, and 34 in all columns. Enter the total here and on Form
1040, line 76; Form 1040A, line 48; Form 1040NR, line 74; Form 1040NR-EZ, line 26; or Form 1041,
©
line 26. Do not file Form 2210 unless you checked a box in Part II

1/15/09
Days:

$

35 $
Form

2210

(2008)

Form 2210 (2008)

Page

4

Schedule AI—Annualized Income Installment Method (See pages 5 and 6 of the instructions.)
Estates and trusts, do not use the period ending dates
shown to the right. Instead, use the following: 2/29/08,
4/30/08, 7/31/08, and 11/30/08.

Part I
1

(a)
1/1/08–3/31/08

Enter your adjusted gross income for each period (see
instructions). (Estates and trusts, enter your taxable income
without your exemption for each period)
Annualization amounts. (Estates and trusts, see instructions)

4

If you itemize, enter itemized deductions for the period shown in
each column. All others enter -0-, and skip to line 7. Exception:
Estates and trusts, skip to line 9 and enter amount from line 3

Annualized income. Multiply line 1 by line 2

5

Annualization amounts

6

Multiply line 4 by line 5 (see instructions if line 3 is more than
$79,975)
In each column, enter the full amount of your standard deduction
from Form 1040, line 40, or Form 1040A, line 24 (Form 1040NR
or 1040NR-EZ filers, enter -0-. Exception: Indian students and
business apprentices, see instructions.)

8
9
10

(c)
1/1/08–8/31/08

(d)
1/1/08–12/31/08

Annualized Income Installments

2
3

7

(b)
1/1/08–5/31/08

Enter the larger of line 6 or line 7
Subtract line 8 from line 3
In each column, multiply $3,500 by the total number of
exemptions claimed (see instructions if line 3 is more than
$119,975). (Estates, trusts, and Form 1040NR or 1040NR-EZ
filers, (see instructions)

11
12
13
14
15

Subtract line 10 from line 9. If zero or less, enter -0-

16

For each period, enter the same type of credits as allowed on
Form 2210, Part I, lines 1 and 3 (see instructions)

17
18
19

Subtract line 16 from line 15. If zero or less, enter -0-

Figure your tax on the amount on line 11 (see instructions)
Self-employment tax from line 34 (complete Part II below)
Enter other taxes for each payment period (see instructions)
Total tax. Add lines 12, 13, and 14

Applicable percentage
Multiply line 17 by line 18

1
2
3

4
5

4

2.4

1.5

1

4

2.4

1.5

1

22.5%

45%

67.5%

90%

$25,500

$42,500

$68,000

$102,000

0.496

0.2976

0.186

0.124

0.116

0.0696

0.0435

0.029

6

7
8
9

10
11
12
13
14
15
16
17
18
19

Complete lines 20–25 of one column before going to line 20
of the next column.

20
21
22

Enter the total of the amounts in all previous columns of line 25

23

Subtract line 25 of the previous column from line 24 of that
column

24
25

Add lines 22 and 23
Enter the smaller of line 21 or line 24 here and on
Form 2210, line 18

Subtract line 20 from line 19. If zero or less, enter -0Enter 25% (.25) of line 9 on page 1 of Form 2210 in each column

Part II

©

20
21
22
23
24
25

Annualized Self-Employment Tax (Form 1040 filers only)

26

Net earnings from self-employment for the period (see
instructions)

27

Prorated social security tax limit

28

Enter actual wages for the period subject to social security tax or
the 6.2% portion of the 7.65% railroad retirement (tier 1) tax

29
30
31
32
33
34

Subtract line 28 from line 27. If zero or less, enter -0Annualization amounts
Multiply line 30 by the smaller of line 26 or line 29
Annualization amounts
Multiply line 26 by line 32
Add lines 31 and 33. Enter here and on line 13 above

©

26
27
28
29
30
31
32
33
34

Form

2210

(2008)