Form 2210, Underpayment of Estimated Tax by Individuals, Estate, and Trusts

Form 2210, Underpayment of Estimated Tax by Individuals, Estate, and Trusts; Form 2210-F, Underpayment of Estimated Tax by Farmers and Fishermen

i2210--2020-00-00

Form 2210, Underpayment of Estimated Tax by Individuals, Estate, and Trusts

OMB: 1545-0140

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2020

Instructions for Form 2210

Department of the Treasury
Internal Revenue Service

Underpayment of Estimated Tax by Individuals, Estates, and Trusts

Future Developments

assistance through advance payments of the PTC in 2020, and the
amount advanced exceeded the amount of PTC you can take, you could
be subject to a penalty for underpaying your estimated tax. For example,
you completed Form 8962, Premium Tax Credit, and have additional
income tax liability because too much was advanced to your insurance
provider. For more information about the PTC and advance payments of
the PTC, see Form 8962 and Pub. 974.

What's New

Forms for the qualified business income deductions. See Form
8995-A, Qualified Business Income Deduction, or Form 8995, Qualified
Business Income Deduction Simplified Computation, and their separate
instructions for information about your qualified business income
deduction.

Section references are to the Internal Revenue Code unless otherwise
noted.

General Instructions
For the latest information about developments related to Form 2210 and
its instructions, such as legislation enacted after they were published, go
to IRS.gov/Form2210.

Postponed due dates. Notice 2020-23 automatically postponed to July
15, 2020, the due dates of estimated tax payments due on or after April
1, 2020, and before July 15, 2020. These instructions are modified to
account for the postponed due dates.
For more information, see Notice 2020-23, 2020-18 I.R.B. 742,
available at IRS.gov/irb/2020-18_IRB#NOT-2020-23. See also, Filing
and Payment Deadlines Questions and Answers at IRS.gov.
Coronavirus tax relief for self-employed individuals paying estimated taxes. If you're self-employed, the Coronavirus Aid, Relief, and
Economic Security (CARES) Act allows you to defer the deposit or
payment of 50% of the social security tax on net earnings from
self-employment imposed on March 27, 2020, through December 31,
2020, so you wouldn't have to use that part of the tax to calculate your
2020 estimated tax.
Additionally, the Families First Coronavirus Relief Act (FFCRA)
provides paid sick leave and paid family leave credits equal to what
you're required to provide to your employees for qualified sick leave
wages and qualified family leave wages paid at any time from April 1,
2020, through December 31, 2020. You can reduce payments of
estimated income taxes by the amount of these credits you're entitled to
on your 2020 Form 1040 or Form 1040-SR. More information is available
in Publication 505, Tax Withholding and Estimated Tax, and at IRS.gov/
Coronavirus-Tax-Relief-and-Economic-Impact-Payments.

Reminders
Saturday, Sunday, or legal holiday. Generally, if a due date for
performing any act for tax purposes falls on a Saturday, Sunday, or legal
holiday, the act is considered to be performed timely if it's performed no
later than the next day that isn't a Saturday, Sunday, or legal holiday. A
legal holiday includes any legal holiday in the District of Columbia. These
instructions make the adjustment for Saturdays, Sundays, and federal
legal holidays.
Health coverage tax credit. The health coverage tax credit has been
extended.
Additional Medicare Tax. A 0.9% Additional Medicare Tax applies to
Medicare wages, railroad retirement act (RRTA) compensation, and
self-employment income over a threshold amount based on your filing
status. See Form 8959.
Net Investment Income Tax. You may be subject to Net Investment
Income Tax (NIIT). NIIT is a 3.8% (0.038) tax on the lesser of net
investment income or the excess of your modified adjusted gross
income over a threshold amount. See Form 8960.
Premium tax credit. You may be eligible to claim the premium tax
credit (PTC). The PTC is a tax credit for certain people who enroll, or
whose family member enrolls, in a qualified health plan offered through a
Health Insurance Marketplace (also called an Exchange). The PTC
provides financial assistance to pay the premiums by reducing the
amount of tax you owe, giving you a refund, or increasing your refund
amount. Advance payment of the PTC may be made through the
Marketplace directly to your insurance provider. If you received premium
Feb 08, 2021

Tax Withholding Estimator. To determine adjustments to your
withholdings, go to the Tax Withholding Estimator at IRS.gov/W4App.

Purpose of Form

Use Form 2210 to see if you owe a penalty for underpaying your
estimated tax. The IRS will generally figure your penalty for you and you
should not file Form 2210. You can, however, use Form 2210 to figure
your penalty if you wish and include the penalty on your return. There are
some situations in which you must file Form 2210, such as to request a
waiver.

Who Must File Form 2210

Use the flowchart at the top of Form 2210, page 1, to see if you must file
this form.

If box B, C, or D in Part II is checked, you must figure the penalty
yourself and attach Form 2210 to your return.

CAUTION

The IRS Will Figure the Penalty for
You

If you didn't check box B, C, or D in Part II, you don't need to figure the
penalty. The IRS will figure any penalty for underpayment of estimated
tax and send you a bill. If you file your return by April 15, 2021, no
interest will be charged on the penalty if you pay the penalty by the date
shown on the bill. If you want us to figure the penalty for you, complete
your return as usual. Leave the penalty line on your return blank; don't
file Form 2210.

Other Methods of Figuring the
Penalty

There are different ways to figure the correct penalty. You don't have to
use the method used on Form 2210 as long as you enter the correct
penalty amount on the “Estimated tax penalty” line of your return.
However, if you’re required to file Form 2210 because one or more of
the boxes in Part II applies, you must complete certain lines and enter
the penalty on the “Estimated tax penalty” line of your return.
• If you use the short method, complete Part I, check the box(es) that
applies in Part II, and complete Part III. Enter the penalty on Form
2210, line 17, and on the “Estimated tax penalty” line on your tax
return.
• If you use the regular method, complete Part I; check the box(es)
that applies in Part II; and complete Part IV, Section A, and the
penalty worksheet, later. Enter the penalty on Form 2210, line 27,
and on the “Estimated tax penalty” line on your tax return.
• If you use the annualized income installment method, complete Part
I; check the box(es) that applies in Part II; and complete
Schedule AI and Part IV, Section A. Complete the penalty
worksheet (Worksheet for Form 2210, Part IV, Section B—Figure
the Penalty), later. Enter the penalty on Form 2210, line 27, and on
the “Estimated tax penalty” line on your tax return.

Cat. No. 63610I

Who Must Pay the
Underpayment Penalty

Waiver of Penalty
If you have an underpayment, all or part of the penalty for that
underpayment will be waived if the IRS determines that:
• In 2019 or 2020, you retired after reaching age 62 or became
disabled, and your underpayment was due to reasonable cause
(and not willful neglect); or
• The underpayment was due to a casualty, disaster, or other unusual
circumstance, and it would be inequitable to impose the penalty.
For federally declared disaster areas, see Federally declared
disaster, later.

In general, you may owe the penalty for 2020 if the total of your
withholding and timely estimated tax payments didn't equal at least the
smaller of:
1. 90% of your 2020 tax, or
2. 100% of your 2019 tax. Your 2019 tax return must cover a
12-month period.

To request any of the above waivers, do the following.

Special rules for certain individuals. Different percentages are used
for farmers and fishermen, and certain higher income taxpayers.
Farmers and fishermen. If at least two-thirds of your gross income
for 2019 or 2020 is from farming and fishing, substitute 662/3% for 90% in
(1) above. See Farmers and fishermen, later, to see if you qualify.
Higher income taxpayers. If your adjusted gross income (AGI) for
2019 was more than $150,000 ($75,000 if your 2019 filing status is
married filing separately), substitute 110% for 100% in (2) above.

1. Check box A or box B in Part II.
a. If you checked box A, complete only page 1 of Form 2210 and
attach it to your tax return (you aren't required to figure the
amount of penalty to be waived).
b. If you checked box B, complete Form 2210 through line 16 (or
if you use the regular method, line 26 plus the penalty
worksheet, later) without regard to the waiver. Enter the
amount you want waived in parentheses on the dotted line next
to line 17 (line 27 for the regular method). Subtract this amount
from the total penalty you figured without regard to the waiver,
and enter the result on line 17 (line 27 for the regular method).

Penalty figured separately for each required payment. The penalty
is figured separately for each installment due date. Therefore, you may
owe the penalty for an earlier due date even if you paid enough tax later
to make up the underpayment. This is true even if you’re due a refund
when you file your tax return. However, you may be able to reduce or
eliminate the penalty by using the annualized income installment
method. For details, see Schedule AI Annualized Income Installment
Method, later.

2. Attach Form 2210 and a statement to your return explaining the
reasons you were unable to meet the estimated tax requirements
and the time period for which you are requesting a waiver.
3. If you’re requesting a 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.

Return. In these instructions, “return” refers to your original 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.

4. If you’re requesting a waiver due to a casualty, disaster (other than
a federally declared disaster, as discussed next), or other unusual
circumstance, attach documentation such as copies of police and
insurance company reports.

Exceptions to the Penalty
You won't have to pay the penalty or file this form if either of the following
applies.
• You had no tax liability for 2019, you were a U.S. citizen or resident
alien for the entire year (or an estate of a domestic decedent or a
domestic trust), and your 2019 tax return was (or would have been
had you been required to file) for a full 12 months.
• The total tax shown on your 2020 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 Part I, lines 1
through 7.

The IRS will review the information you provide and decide whether
to grant your request for a waiver.
Federally declared disaster. Certain estimated tax payment deadlines
for taxpayers who reside or have a business in a federally declared
disaster area are postponed for a period during and after the disaster.
During the processing of your tax return, the IRS automatically identifies
taxpayers located in a covered disaster area (by county or parish) and
applies the appropriate penalty relief. Don't file Form 2210 if your
underpayment was due to a federally declared disaster. If you still owe a
penalty after the automatic waiver is applied, the IRS will send you a bill.

Estates and trusts. No penalty applies to either of the following.
• A decedent's estate for any tax year ending before the date that is 2
years after the decedent's death.
• A trust that was treated as owned by the decedent if the trust will
receive the residue of the decedent's estate under the will (or if no
will is admitted to probate, the trust primarily responsible for paying
debts, taxes, and expenses of administration) for any tax year
ending before the date that is 2 years after the decedent's death.

An individual or a fiduciary for an estate or trust not in a covered
disaster area but whose books, records, or tax professionals' offices are
in a covered area is also entitled to relief. Also eligible are relief workers
affiliated with a recognized government or charitable organization
assisting in the relief activities in a covered disaster area. If you meet
either of these eligibility requirements, you must call the IRS disaster
hotline at 866-562-5227 and identify yourself as eligible for this relief. For
information about claiming relief, see IRS.gov/DisasterTaxRelief. For
more information on disaster assistance and emergency relief for
individuals and businesses, see IRS.gov/DisasterRelief. See Pub. 976,
Disaster Relief, for more details. For guidance on figuring estimated
taxes for trusts and certain estates, see Notice 87-32, 1987-1 C.B. 477.

Farmers and fishermen. If you meet both tests 1 and 2 below, you
don't owe a penalty for underpaying estimated tax.
1. Your gross income from farming or fishing is at least two-thirds of
your annual gross income from all sources for 2019 or 2020.

Specific Instructions

2. You filed Form 1040, 1040-SR, or 1041 and paid the entire tax due
by March 1, 2021.

Part I—Required Annual Payment

See chapter 2 of Pub. 505, Tax Withholding and Estimated Tax, for
the definition of gross income from farming and fishing.

Complete lines 1 through 9 to figure your required annual payment.

If you meet test 1 but not test 2, use Form 2210-F, Underpayment of
Estimated Tax by Farmers and Fishermen, to see if you owe a penalty.
When using Form 2210-F, refer to the Instructions for Form 2210-F,
which discuss special rules that may apply. If you don't meet test 1, use
Form 2210.

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, 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-

Instructions for Form 2210 (2020)

Line 1
Enter the amount from Form 1040, 1040-SR, or 1040-NR, line 22. For an
estate or trust, enter the amount from Form 1041, Schedule G, line 3.

CAUTION

IF you file...

THEN include on line 2 the amounts on...

1040-NR

Line 23a,
Line 23c,

Form 1040, 1040-SR, or 1041 filers: You may exclude the
amount of your net tax liability under section 965 when
calculating the amount of your required annual payment.

Schedule SE (Form 1040):
Line 12 minus line 26,
Schedule H (Form 1040):
Line 8c* minus 8d,

Line 2
Enter the total of the following amounts.
IF you file...

THEN include on line 2 the amounts on...

1040 or
1040-SR

Schedule SE (Form 1040):
Line 12 minus line 26,

Schedule 2 (Form 1040):
Line 6 (additional tax on distributions only),
Line 7b,
Line 8, don’t include the following write-ins:

• Uncollected social security and Medicare tax or RRTA

Schedule H (Form 1040):
Line 8c* minus line 8d,

•

Schedule 2 (Form 1040):
Line 6 (additional tax on distributions only),
Line 7b,
Line 8, don’t include the following write-ins:

•
•

• Uncollected social security and Medicare tax or RRTA
•
•
•
•
•

•

tax on tips or group-term life insurance (identified as
“UT”);
Tax on excess golden parachute payments (identified
as “EPP”);
Excise tax on insider stock compensation from an
expatriated corporation (identified as “ISC”);
Look-back interest due under section 167(g) (identified
as “8866”), and under section 460(b) (identified as
“8697”);
Recapture of federal mortgage subsidy (identified as
“FMSR”); and
Interest accrued on deferred tax under a section 1294
election for the year of termination (see Form 8621,
Part VI, line 24, and the Instructions for Form 8621).
Also subtract the amount from Form 8621, line 9c, that
has been entered in brackets to the left of Form 1040 or
1040-SR, line 24.

•
1041

Schedule H (Form 1040):
Line 8c* minus line 8d,
Schedule G (Form 1041):
Line 5,
Line 6,
Line 8, don’t include the following write-ins:

• Look-back interest due under section 167(g) (identified
as “From Form 8866”);

• Look-back interest due under section 460(b) (identified
as “From Form 8697”); and

• Interest accrued on deferred tax under a section 1294

* If you’re a household employer, include your household employment taxes on
line 2. Don’t include household employment taxes if both of the following are
true: (1) You didn’t have federal income tax withheld from your income, and (2)
You wouldn’t be required to make estimated tax payments even if the
household employment taxes weren't included.

election for the year of termination (see Form 8621,
Part VI, line 24, and the Instructions for Form 8621).

Line 3
Enter the total amount of the following payments and refundable credits,
if any, that you claim on your tax return.
• Earned income credit.
• Additional child tax credit.
• Refundable part of the American opportunity credit (Form 8863,
line 8).
• Recovery rebate credit.
• Premium tax credit (Form 8962).
• Credit for federal tax paid on fuels.
• Qualified sick and family leave credits from Schedule(s) H and
Form(s) 7202 (Schedule 3 (Form 1040), line 12b).
• Health coverage tax credit.
• Credit determined under section 1341(a)(5)(B). To figure the
amount of the section 1341 credit, see Repayments in Pub. 525.

Line 6
Enter the taxes withheld shown on the following lines:
• Form 1040 or 1040-SR, line 25d;
• Form 1040-NR, lines 25d, 25e, 25f, and 25g;
• Also, Schedule 3 (Form 1040), line 10, if you filed the above forms;
• Form 1041, Schedule G, line 14.

Instructions for Form 2210 (2020)

-3-

Filers of Form 8689, Allocation of Individual Income Tax to the U.S.
Virgin Islands. Also enter on this line the amount(s) from Form 8689,
lines 41 and 46, that you entered on line 33 of your 2020 Form 1040 or
1040-SR.

IF you filed
for 2019...

THEN add the following amounts shown on your 2019
tax return.

1040-NR

Line 53,
Line 54,
Line 55,
Line 57 (additional tax on distributions only),
Line 58,
Line 59a,*
Line 59b,
Line 60, don’t include the following write-ins:

Line 8
To figure your 2019 tax, first add the amounts listed in (1) later, then
subtract from that total amount the refundable credits listed in (2) later
that are shown on your 2019 tax return.
(1) Add the amounts listed in the chart below based on which tax
return you filed for 2019.

• Uncollected social security and Medicare tax or RRTA

IF you filed
for 2019...

THEN add the following amounts shown on your 2019
tax return.

•

1040 or
1040-SR

Line 14,

•

Schedule 2 (Form 1040):
Line 4,
Line 6 (additional tax on distributions only),
Line 7a,*
Line 7b,
Line 8, don’t include the following write-ins:

•
•
•

• Uncollected social security and Medicare tax or RRTA
•
•
•
•
•

1040-NR-EZ

Line 15

1041

Schedule G:
Line 5,
Line 6,
Line 7,*
Line 8, don’t include the following write-ins:

• Look-back interest due under section 167(g) (identified
as “From Form 8866”);

• Look-back interest due under section 460(b) (identified
as “From Form 8697”); and

• Interest accrued on deferred tax under a section 1294
election for the year of termination (see Form 8621,
Part VI, line 24, and the Instructions for Form 8621).

(2) Subtract refundable credits listed below.
Subtract the total of the following refundable credits, if any, that you
claimed on your 2019 tax return.
• Earned income credit.
• Additional child tax credit.
• Refundable part of the American opportunity credit (Form 8863,
line 8).
• Premium tax credit (Form 8962).
• Credit for federal tax paid on fuels.
• Health coverage tax credit.
• Credit determined under section 1341(a)(5)(B).
Enter the 2019 tax you figured above unless the AGI on your 2019
return is more than $150,000 ($75,000 if married filing separately for
2020). If the AGI shown on your 2019 tax return is more than $150,000
($75,000 if married filing separately), enter 110% of the amount of the
tax computed earlier.
If you are filing a joint return for 2020, but you didn't file a joint return
for 2019, add your 2019 tax (as figured earlier) to your spouse's 2019 tax
(as figured earlier) and enter the total on line 8. If you file a separate
return for 2020, but you filed a joint return with your spouse for 2019,
your 2019 tax is your share of the tax on the joint return. You are filing a
separate return if you file as single, head of household, or married filing
separately. If you didn't file a return for 2019 or your 2019 tax year was
less than 12 months, don't complete line 8. Instead, enter the amount
from line 5 on line 9. However, see Exceptions to the Penalty, earlier.
-4-

Instructions for Form 2210 (2020)

For calendar year filers and fiscal year filers with fiscal year beginning
February 1, 2020, enter the following percentages of the required annual
payment shown in Part I, line 9.
• Skip column (b) entirely.
• Column (a) is 50% (0.50).
• Column (c) is 25% (0.25).
• Column (d) is 25% (0.25).

Form 1040, 1040-SR, or 1041 filers: You may exclude the
amount of your net tax liability under section 965 when
CAUTION calculating the amount of your maximum required annual
payment based on your prior year's tax.

Part III—Short Method

If you can use the short method, complete lines 10 through 14 to figure
your total underpayment for the year, and lines 15 through 17 to figure
the penalty. In certain circumstances, the IRS will waive all or part of the
underpayment penalty. See Waiver of Penalty, earlier.

For other fiscal year filers, enter on line 18, columns (a) through (d),
one-fourth of the required annual payment shown in Part I, line 9.
However, it may be to your benefit to figure your required installments by
using the annualized income installment method. See the Schedule AI
Annualized Income Installment Method instructions, later.

If you qualify to use this method, it will result in the same penalty
amount as the regular method. However, either the annualized income
installment method or the actual withholding method, explained later,
may result in a smaller penalty.

Line 19
Table 1—List your estimated tax payments for 2020. Before
completing line 19, enter in Table 1 the payments you made for 2020.
Include the following payments.
• Any overpayment from your 2019 return applied to your 2020
estimated tax payments. Generally, treat the payment as made on
July 15, 2020.
• Estimated tax payments you made for the 2020 tax year, plus any
federal income tax and excess social security and RRTA tax
withheld.
• Any payment made on your balance due return for 2020. Use the
date you filed (or will file) your return or April 15, 2021, whichever is
earlier, as the payment date.

You can use the short method only if you meet one of the following
requirements.
• You made no estimated tax payments for 2020 (it does not matter
whether you had income tax withholding).
• You paid the same amount of estimated tax on each of the four
payment due dates.
If you don’t meet either requirement, figure your penalty using the
regular method in Part IV of Form 2210 and the penalty worksheet in the
instructions.
Note. If any payment was made before the due date, you can use the
short method, but the penalty may be less if you use the regular method.
However, if the payment was only a few days early, the difference is
likely to be small.

Table 1. Estimated Tax Payments
Date

You can’t use the short method if any of the following apply.

• You made any estimated tax payments late.
• You checked box C or D in Part II of Form 2210.
• You’re filing Form 1040-NR and you didn’t receive wages as an

Payment
amount

Date

Payment
amount

employee subject to U.S. income tax withholding.

If you use the short method, you can’t use the annualized
income installment method to figure your underpayment for each
CAUTION payment period. Also, you can’t use your actual withholding
during each period to figure your payments for each period.

Entries on Form 2210. Enter on line 19 the applicable tax payments
made by the applicable date for each column.
When figuring your payment dates and the amounts to enter on line 19 of
each column, apply the following rules.
• For withheld federal income tax and excess social security or tier 1
railroad retirement tax (RRTA), you are considered to have paid
one-fourth of these amounts on each payment due date unless you
can show otherwise. You’ll find these amounts on the following
lines.
° Form 1040 or 1040-SR, line 25d;
° Form 1040-NR, lines 25d, 25e, 25f, and 25g;
° Also, Schedule 3 (Form 1040), line 10, if you filed the above
forms;
° Form 1041, Schedule G, line 14.

Part IV—Regular Method

Use the regular method if you aren't eligible to use the short method. See
Form 2210, Part III, Must You Use the Regular Method. If you checked
box C in Part II, complete Schedule AI before Part IV.

Form 1040-NR filers. If you’re filing Form 1040-NR and didn't receive
wages as an employee subject to U.S. income tax withholding, the
instructions for completing Part IV are modified as follows.
1. Skip column (b).
2. On line 18, column (a), enter one-half of the amount on line 9 of
Part I (unless you’re using the annualized income installment
method).
3. On line 19, column (a), enter the total tax payments made through
July 15, 2020, for the 2020 tax year. If you’re treating federal
income tax (and excess social security or tier 1 railroad retirement
tax) as having been withheld evenly throughout the year, you’re
considered to have paid one-third of these amounts on each
payment due date.

CAUTION

• Include all estimated tax payments you made for each period.

Include any overpayment from your 2019 tax return you elected to
apply to your 2020 estimated tax. If your 2019 return was fully paid
by the due date, treat the overpayment as a payment made on July
15, 2020. If you mail your estimated tax payments, use the date of
the U.S. postmark as the date of payment.
• If an overpayment is generated on your 2019 return from a payment
made after the due date, treat the payment as made on the date of
payment. For example, you paid $500 due on your 2019 return on
August 1, 2020, and later amended the return and were due a $400
refund which you elected to have applied to your estimated taxes.
The $400 overpayment would be treated as paid on August 1.
• If you file your return and pay the tax due by February 1, 2021,
include on line 19, column (d), the amount of tax you pay with your
tax return. In this case, you won't owe a penalty for the payment due
on January 15, 2021.

Section A—Figure Your Underpayment

CAUTION

For estimated tax payments otherwise due between April 1,
2020, and July 14, 2020, the due date was automatically
postponed to July 15, 2020.

Fiscal year filers with a fiscal year beginning after February 29, 2020,
must use column (b) and treat the columns as having the applicable due
dates for their fiscal year.

Line 18
Enter on line 18, columns (a) through (d), the amount of your required
installment for the due date shown in each column heading.

Instructions for Form 2210 (2020)

If you treat withholding as paid for estimated tax purposes
when it was actually withheld, you must check box D in Part
II and complete and attach Form 2210 to your return.

-5-

Example 1. You filed your 2019 tax return on August 1, 2020,
showing a $2,000 refund. You elected to have $1,000 of your 2019
overpayment applied to your 2020 estimated tax payments. In
2020, you had $4,000 of federal income tax withheld from wages.
You also made $500 estimated tax payments on September 15,
2020, and January 15, 2021. On line 19, column (a), enter $3,000
($2,000 withholding + $1,000 overpayment). In columns (c) and (d),
enter $1,500 ($1,000 withholding + $500 estimated tax payment).

$1,200. On September 10, you made a payment of $1,200 to cover the
September 15 installment. However, $500 of this payment is applied first
to the July 15 installment. The penalty for the July 15 installment is
figured from July 15 to September 10 (57 days). The amount remaining
to be applied to the September 15 installment is $700.
Total days per rate period. If an underpayment remained unpaid for
an entire rate period, use Table 2 below to determine the number of days
to enter in each column. The chart is organized in the same format as the
penalty worksheet.

Line 25

Table 2. Chart of Total Days

If line 25 is zero for all payment periods, you don't owe a penalty. But if
you checked box C or D in Part II, you must file Form 2210 with your
return. If you checked box E, you must file page 1 of Form 2210 with your
return. In certain circumstances, the IRS will waive all or part of the
underpayment penalty. See Waiver of Penalty, earlier.

Rate Period

Section B—Figure the Penalty
Use the penalty worksheet (Worksheet for Form 2210, Part IV,
Section B–Figure the Penalty), later, to figure your penalty for each
period by applying the appropriate rate against each underpayment
shown in Section A, line 25. The penalty is figured for the number of days
that each underpayment remains unpaid.

(a)
7/15/20

(b)
mm/dd/yy

(d)
1/15/21

4/16/20–6/30/20

—

7/1/20–9/30/20

77*

—

10/1/20–12/31/20

—

1/1/21–4/15/21

105

—

105

*This chart is modified by Notice 2020-23, so in the calculation of the estimated
tax penalty, it disregards the days beginning 04/01/20, and ending 07/15/20
(rate period 07/01/20 – 09/30/20, actually begins on 07/16/20).

Your payments are applied first to any underpayment balance on an
earlier installment even if you designate a payment for a later period. See
Example 2 below. Use lines 3, 6, 9, and 12 of the penalty worksheet to
show the number of days an underpayment remained unpaid. Use lines
4, 7, 10, and 13 to figure the actual penalty amount by applying the
appropriate rate to an underpayment for the number of days it remained
unpaid.

For example, if you have an underpayment on line 25, column (a), but
Table 1 shows you have no payments until after January 4, 2021, you
would enter “77” on line 6, column (a), of the penalty worksheet.
If you make a payment during a rate period, see Table 4-1, below, for
an easy way to figure the number of days the payment is late.

Example 2. You had a $500 underpayment remaining after your July
15 payment. The September 15 installment required a payment of

-6-

Instructions for Form 2210 (2020)

Table 4-1. Calendar To Determine the Number of Days a Payment Is Late
Instructions. Use this table with Form 2210 if you’re completing Part IV, Section B. First, find the number for the
payment due date by going across to the column of the month the payment was due and moving down the column
to the due date. Then, in the same manner, find the number for the date the payment was made. Finally, subtract
the due date number from the payment date number. The result is the number of days the payment is late.

Example. The payment due date is July 15 (91). The payment was made on November 4 (203). The payment is
112 days late (203 – 91).
Tax Year 2020
Day of

2020

2021

Month

April

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

108

139

169

200

230

261

292

320

351

109

140

170

201

231

262

293

321

352

110

141

171

202

232

263

294

322

353

111

142

172

203

233

264

295

323

354

112

143

173

204

234

265

296

324

355

113

144

174

205

235

266

297

325

356

114

145

175

206

236

267

298

326

357

115

146

176

207

237

268

299

327

358

116

147

177

208

238

269

300

328

359

117

148

178

209

239

270

301

329

360

118

149

179

210

240

271

302

330

361

119

150

180

211

241

272

303

331

362

120

151

181

212

242

273

304

332

363

121

152

182

213

243

274

305

333

364
365

122

153

183

214

244

275

306

334

123

154

184

215

245

276

307

335

124

155

185

216

246

277

308

336

125

156

186

217

247

278

309

337

126

157

187

218

248

279

310

338

127

158

188

219

249

280

311

339

128

159

189

220

250

281

312

340

129

160

190

221

251

282

313

341

130

161

191

222

252

283

314

342

100

131

162

192

223

253

284

315

343

101

132

163

193

224

254

285

316

344

102

133

164

194

225

255

286

317

345

103

134

165

195

226

256

287

318

346

104

135

166

196

227

257

288

319

347

105

136

167

197

228

258

289

348

106

137

168

198

229

259

290

349

107

138

260

291

350

199

Example 3. Your required installment for the July 15 payment due
date is $8,000 and is $4,000 for each other payment due date. You
made the following estimated tax payments.
.

Worksheet for Form 2210, Part IV,
Section B—Figure the Penalty (Penalty
Worksheet)

Date
7/30/20
9/15/20
1/15/21

Line 1b. If more than one payment was applied to fully pay the
underpayment amount in a column (line 1a), enter on line 1b the date
and amount applied up to the underpayment amount. If a payment was
more than the underpayment amount, enter the excess in the next
column with the same date. However, for each column, only enter
payments you made or plan to make after the date at the top of the
column. Do not enter any withheld federal income tax and excess social
security or tier 1 railroad retirement tax (RRTA) on line 1b.

Instructions for Form 2210 (2020)

Payments
$5,000
$4,000
$4,000

Line 1a, column (a), shows $8,000. Enter “7/30 $5,000” and “9/15
$3,000” on line 1b, column (a). The remaining $1,000 ($4,000 – $3,000)
of the September 15 payment cannot be entered on line 1b, column (c)
because the payment was not made after 9/15/20, and is already used to
reduce the underpayment on line 1a, column (c). Line 1a, column (c)
-7-

Worksheet for Form 2210, Part IV, Section B—Figure the Penalty
(Penalty Worksheet)

Keep for Your Records

Complete Rate Period 1 of each column before going to the next column; then go to Rate Periods 2, 3, and 4 in the
same manner. If multiple estimated tax payments are applied to the underpayment amount in a column of line 1a,
you’ll need to make more than one computation for that column. This worksheet is modified by Notice 2020-23, so
in the calculation of the estimated tax penalty, it disregards the days beginning 4/1/2020, and ending 7/15/2020.
Payment Due Dates
(a)
7/15/20
1a Enter your underpayment from Part IV, Section A, line 25

....

1b Date and amount of each payment applied to the underpayment
in the same column. Don't enter more than the underpayment
amount on line 1a for each column (see instructions).
Note. Your payments are applied in the order made first to any
underpayment balance in an earlier column until that
underpayment is fully paid.

(b)
mm/dd/yy

(d)
1/15/21

Rate Period 1: April 16, 2020–June 30, 2020
2

Computation starting dates for this period . . . . . . . . . . . . . . . .

Number of days from the date on line 2 to the date the amount
on line 1a was paid or 6/30/20, whichever is earlier . . . . . . . . .

Underpayment
on line 1a

Number of days
on line 3
366

× 0.05

Rate Period 2: July 1, 2020–September 30, 2020
5

Computation starting dates for this period . . . . . . . . . . . . . . . .

Number of days from the date on line 5 to the date the amount
on line 1a was paid or 9/30/20, whichever is earlier . . . . . . . . .
Underpayment
on line 1a

Number of days
on line 6
366

× 0.03

7/15/20

9/15/20

Days:

Rate Period 3: October 1, 2020–December 31, 2020
8

Computation starting dates for this period . . . . . . . . . . . . . . . .

Number of days from the date on line 8 to the date the amount
on line 1a was paid or 12/31/20, whichever is earlier . . . . . . . .
Underpayment
on line 1a

Number of days
on line 9
366

× 0.03

9/30/20

Days:

Rate Period 4: January 1, 2021–April 15, 2021
11 Computation starting dates for this period

...............

12 Number of days from the date on line 11 to the date the amount
on line 1a was paid or 4/15/21, whichever is earlier . . . . . . . . .
13

Underpayment
on line 1a

Number of days
on line 12
365

× 0.03

12/31/20

1/15/21

Days:

14 Penalty. Add all amounts on lines 7, 10, and 13 in all columns. Enter the total here and on line 27 of Part IV,
Section B . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
-8-

▶ 14

Instructions for Form 2210 (2020)

• Period (c) includes items for January 1 through August 31.
• Period (d) includes items for the entire year.

shows $3,000. Enter “1/15/21 $3,000” on line 1b, column (c), because
$3,000 of the $4,000 January payment must be used to fully pay the
September underpayment. Do not enter any payment on line 1b, column
(d).

Additional information. Estates and trusts, see Notice 87-32.
Individuals filing Form 1040-NR. If you’re filing Form 1040-NR and
you didn't receive wages as an employee subject to U.S. income tax
withholding, follow these modified instructions for Schedule AI.

Line 6. If more than one payment was applied to an underpayment on
line 1a, enter the number of days each payment was late.
Example 4. Using the same facts as Example 3 above, enter “15”
(number of days from 7/15 to 7/30) and “62” (number of days from 7/15
to 9/15) on line 6, column (a) (see illustration under Example 5 below).

1. Skip column (a).
2. Beginning with column (b), enter on line 1 your income for the
period that is effectively connected with a U.S. trade or business.

Line 7. Make the computation requested on line 7 and enter the result. If
more than one payment was required to fully satisfy an underpayment
amount, make a separate computation for each payment. See
Example 5 below.

3. Increase the amount on line 19 by the amount determined by
multiplying your income for the period that isn't effectively
connected with a U.S. trade or business by the following.
• In column (b), 72%.
• In column (c), 45%.
• In column (d), 30%.

Example 5. Assume the same facts as in Example 3, earlier. On
line 7, enter the penalty for each underpayment: “$6.15” ($5,000 × (15 ÷
366) × 0.03) and “$15.25” ($3,000 × (62 ÷ 366) × 0.03). The entries are
illustrated below.

However, if you can use a treaty rate lower than 30% for all your
income during the year that isn’t effectively connected with a U.S.
trade or business, use the percentages determined by multiplying
your treaty rate by 2.4, 1.5, and 1, respectively.

(a)
5

7/15/20

Days: 15

Days: 62

$6.15

$15.25

If different treaty rates are applicable, substitute your weighted
average treaty rate during the year for the treaty rate in the previous
sentence. For example, if you have $1,000 of income during the
year that isn’t effectively connected with a U.S. trade or business,
and $500 is subject to a 15% treaty rate, $200 is subject to a 5%
treaty rate, and $300 is subject to a 30% treaty rate, the weighted
average treaty rate would be 17.5%. You would use the
percentages for columns (b), (c), and (d) determined by multiplying
17.5% by 2.4, 1.5, and 1, respectively.

Column (a) is fully paid in the second rate period; therefore, lines 9,
10, 12, and 13 for column (a) would be blank. Continue with the
underpayment in columns (c) and (d) in the same manner.
Note. If an underpayment balance remains for the remaining rate
periods, calculate the penalty using the same steps as explained above,
but use the dates and interest rates on lines 9 and 10 for rate period 3,
and lines 12 and 13 for rate period 4.

4. Enter on line 24, column (b), one-half of the amount from Form
2210, Part I, line 9. In columns (c) and (d), enter one-fourth of that
amount.

Schedule AI—Annualized Income
Installment Method

5. Skip column (b) of lines 22 and 25.

Part I—Annualized Income Installments
To figure the amount of each required installment, Schedule AI selects
the smaller of the annualized income installment or the regular
installment (that has been increased by the amount saved by using the
annualized income installment method in figuring any earlier
installments).

If your income varied during the year because, for example, you
operated your business on a seasonal basis or had a large capital gain
late in the year, you may be able to lower or eliminate the amount of one
or more required installments by using the annualized income installment
method. Use Schedule AI to figure the required installments to enter on
Form 2210, Part IV, line 18.

Line 1

If you use Schedule AI for any payment due date, you must use
it for all payment due dates.

For each period (column), figure your total income minus your
adjustments to income. Include your share of partnership or S
corporation income or loss items for the period.

CAUTION

Even though some estimated tax payment due dates have been

TIP postponed or changed for 2020, you may still want to use the
period.

If you’re self-employed, be sure to take into account the deductible
part of your self-employment tax.

regular due dates to figure each required payment for each

To use the annualized income installment method to figure the
penalty, you must do all of the following.

Line 2

1. Complete Schedule AI, Part I (and Part II, if necessary). Enter the
amounts from Schedule AI, Part I, line 27, columns (a) through (d),
in the corresponding columns of Form 2210, Part IV, line 18.

Estates and trusts don't use the amounts shown in columns (a) through
(d). Instead, use 6, 3, 1.71429, and 1.09091, respectively, as the
annualization amounts.

2. Complete Part IV to figure the penalty. This includes completing the
penalty worksheet, earlier, in the instructions.

Line 6

3. Check box C in Part II.

If you itemized deductions, multiply line 4 of each column by line 5 and
enter the result on line 6.

4. For each period shown on Schedule AI, figure your income and
deductions based on your method of accounting. If you use the
cash method of accounting (used by most people), include all
income actually or constructively received during the period and all
deductions actually paid during the period.

Line 7
If you’re a resident of India and a student or business apprentice, enter
your standard deduction from Form 1040-NR, line 12.

5. Attach Form 2210, Parts I, II, IV, and Schedule AI to your return.

Line 9

Note. Each period (see the top of Schedule AI) includes amounts from
the previous period(s).
• Period (a) includes items for January 1 through March 31.
• Period (b) includes items for January 1 through May 31.

Instructions for Form 2210 (2020)

Enter your deduction for qualified business income. For information on
how to compute your deduction for qualified business income, see the
instructions for Forms 8995 and 8995-A.

-9-

2020 Estimated Tax. Part I, Line 4
Qualified Dividends and Capital Gain Tax Worksheet
1. Enter the amount from the appropriate worksheet.
• Line 3 of your 2020 Estimated Tax Worksheet. (Worksheet 2-1 in Pub.
505)
• Line 3 of Worksheet 2-6 in Pub. 505 (use if you will exclude or deduct
foreign earned income or housing) . . . . . . . . . . . . . . . . . . . . . . . . . .
2. Enter your qualified dividends expected for
20201 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

3. Enter your net capital gain expected for 20201 . . . . . .

4. Add lines 2 and 3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5. Enter your 28% rate gain or loss expected for
20202 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

6. Enter your unrecaptured section 1250 gain expected
for 2020 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

7. Add lines 5 and 6 . . . . . . . . . . . . . . . . . . . . . . . . . .

8. Enter the smaller of line 3 or line 7

Keep for Your Records

.............................

9. Subtract line 8 from line 4 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

10. Subtract line 9 from line 1. If zero or less, enter -0- . . . . . . . . . . . . . . . . . . .

10.

11. Enter the smaller of line 1 or $80,000 ($40,000 if single
or married filing separately, or $53,600 if head of
household) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

11.

12. Enter the smaller of line 10 or line 11 . . . . . . . . . . . .

12.

13. Subtract line 4 from line 1. If zero or less,
enter -0- . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

13.

14. Enter the larger of line 12 or line 13 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Note. If line 11 and line 12 are the same, skip line 15 and go to line 16.

14.

15. Subtract line 12 from line 11. This is the amount taxed at 0% . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Note. If lines 1 and 11 are the same, skip lines 16 through 36 and go to line 37.

15.

16. Enter the smaller of line 1 or line 9

.............................

16.

17. Enter the amount from line 15. If line 15 is blank, enter -0- . . . . . . . . . . . . . .

17.

18. Subtract line 17 from line 16. If zero or less, enter -0- . . . . . . . . . . . . . . . . .

18.

19. Enter:
• $441,450 if single,
• $248,300 if married filing separately,
• $496,600 if married filing jointly or qualifying widow(er), or
• $469,050 if head of household . . . . . . . . . . . . . . .. . . . . . . . . . . . . . .

19.

20. Enter the smaller of line 1 or line 19 . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

20.

21. Add lines 14 and 15 . . . . . . . . . . . . . . . . . . . . . . . .

21.

22. Subtract line 21 from line 20. If zero or less,
enter -0- . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

22.

23. Enter the smaller of line 18 or line 22 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

23.

24. Multiply line 23 by 15% (0.15) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
25. Add line 17 and line 23. If line 1 equals the sum of lines 21 and 23, then skip
lines 26 through 36 and go to line 37 . . . . . . . . . . . . . . . . . . . . . . . . . . . .

25.

26. Subtract line 25 from line 16 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

26.

27. Multiply line 26 by 20% (0.20) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
28. Enter the smaller of line 3 or line 6

.............................

29. Add lines 4 and 14 . . . . . . . . . . . . . . . . . . . . . . . . .

29.

30. Enter the amount from line 1 above . . . . . . . . . . . . .

30.

31. Subtract line 30 from line 29. If zero or less, enter -0- . . . . . . . . . . . . . . . . .

27.

28.

31.

32. Subtract line 31 from line 28. If zero or less, enter -0- . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

32.

33. Multiply line 32 by 25% (0.25) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Note. If line 5 is zero or blank, skip lines 34 through 36 and go to line 37 .
34. Add lines 14, 15, 23, 26, and 32

24.

................................................

34.

35. Subtract line 34 from line 1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

35.

33.

36. Multiply line 35 by 28% (0.28) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

36.

37. Figure the tax on the amount on line 14 from the 2020 Tax Rate Schedules . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

37.

38. Add lines 24, 27, 33, 36, and 37

................................................................

38.
(Continued on next page)

-10-

Instructions for Form 2210 (2020)

2020 Estimated Tax. Part I, Line 4
Qualified Dividends and Capital Gain Tax Worksheet (Continued)
39. Figure the tax on the amount on line 1 from the 2020 Tax Rate Schedules . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

39.

40. Tax on all taxable income (including capital gains and qualified dividends). Enter the smaller of line 38
or line 39 here and on Part I, line 4 (or line 4 of Worksheet 2-6 in Pub. 505) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

40.

1
If you expect to deduct investment interest expense, don’t include on this line any qualified dividends or net capital gain that you will elect to treat as
investment income.
2
This includes a section 1202 exclusion from eligible gain on qualified small business stock and gain or loss from the sale or exchange of collectibles. See the
Instructions for Schedule D (Form 1040) for more information.

Line 12

However, if your Form W-2 showed church employee income or you
deducted Conservation Reserve Program payments on your
Schedule SE, use a separate Schedule SE as a worksheet to calculate
net earnings from self-employment for each period. For this purpose, net
earnings from self-employment is the amount on Short Schedule SE,
line 4, or Long Schedule SE, line 6.

Form 1040, 1040-SR, or 1040-NR filers, enter -0- in each column.
Estates and trusts, use the exemption amount shown on your return.

Line 14
To compute the tax, see the instructions for your tax return for the
applicable Tax Table or worksheet to use. For example, Form 1040 or
1040-SR filers can use the Tax Table; Tax Computation Worksheet;
Qualified Dividends and Capital Gain Tax Worksheet; Schedule D Tax
Worksheet; Foreign Earned Income Tax Worksheet; Schedule J; or
Form 8615, Tax for Certain Children Who Have Unearned Income.

Line 30
If you filed Form 4137, Social Security and Medicare Tax on Unreported
Tip Income, or Form 8919, Uncollected Social Security and Medicare
Tax on Wages, use the following instructions to figure the additional
amount to include in the appropriate columns of line 30.
• Form 4137: Include the actual unreported tips for the period subject
to social security tax. This will be the amount on Form 4137, line 10,
when the form is completed for a specific period.
• Form 8919: Include the actual wages for the period from which the
social security tax wasn't withheld. This will be the amount on Form
8919, line 10, when the form is completed for a specific period.

Line 16
Enter all of the other taxes you owed because of events that occurred
during the months shown in the column headings. Include the same
taxes used to figure Form 2210, Part I, line 2 (except self-employment
tax), plus the tax from Form 4972, Tax on Lump-Sum Distributions; Form
8814, Parents' Election To Report Child's Interest and Dividends; and
any alternative minimum tax (AMT).

Line 32
To calculate the annualization amounts, first determine the proportion (P)
of earnings from self-employment during 2020 that is subject to tax
under section 1401(a) (before any deferral under CARES Act section
2302(b)(1)) that is attributable to the period from March 27, 2020, to
December 31, 2020. For example, if you had $10,000 of earnings from
self-employment during 2020 that is subject to tax under section 1401(a)
(before any deferral under CARES Act section 2302(b)(1)), and $9,000
of the earnings are attributable to the period from March 27, 2020, to
December 31, 2020, then the proportion (P) is 90%. Use any reasonable
method to determine the net earnings from self-employment for the year
attributable to the period from March 27, 2020, to December 31, 2020.

To figure the AMT, Form 1040 or 1040-SR filers use Form 6251;
estates and trusts use Schedule I (Form 1041). Figure alternative
minimum taxable income based on your income and deductions during
the periods shown in the column headings. Multiply this amount by the
annualization amounts shown for each column on Schedule AI, line 2,
before subtracting the AMT exemption.

Line 18
For each column, enter the credits you’re entitled to because of events
that occurred during the months shown in the column headings. These
are the credits you used to arrive at the amounts on lines 1 and 3 of Part
I, Required Annual Payment.

Under CARES Act section 2302(b)(2), half of the section 1401(a)
self-employment tax attributable to the period from March 27, 2020, to
December 31, 2020, is disregarded for purposes of determining your
estimated tax obligations. Accordingly, fill in annualization amounts for
line 32 as (0.496, 0.2976, 0.186, 0.124) multiplied by (100% minus 50%
of P). For example, if you have a proportion (P) of 90%, column (a) of
line 32 would be 0.496 multiplied by (100% minus 50% of 90%), 0.496 x
55%, or 0.2728. In this example, column (b) of line 32 would be 0.2976 x
55%, or 0.16368.

When figuring your credits, annualize any item of income or
deduction used to figure each credit. For example, if your earned income
(and AGI) for the first period (column (a)) is $8,000 and you qualify for
the earned income credit (EIC), use your annualized earned income
($32,000) to figure your EIC for column (a).

Part II—Annualized Self-Employment Tax

Paperwork Reduction Act Notice. We ask for the information on this
form to carry out the Internal Revenue laws of the United States. You’re
required to give us the information. We need it to ensure that you’re
complying with these laws and to allow us to figure and collect the right
amount of tax.

If you had net earnings from self-employment during any period,
complete Part II for that period to figure your annualized self-employment
tax.
If you’re married and filing a joint return and both you and your
spouse had net earnings from self-employment, complete a separate
Part II for each spouse. Enter on line 15 of Schedule AI, Part I, the
combined amounts from line 36 of each spouse's Part II.

You aren’t 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.

Any Additional Medicare Tax on self-employment income will be
computed in Part I.

Line 28

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

Generally, to figure your net earnings from self-employment on line 28,
multiply your net profit from all trades or businesses for each period by
92.35% (0.9235).

Instructions for Form 2210 (2020)

-11-

income tax return. The estimated burden for all other taxpayers who file
this form is shown below.

Recordkeeping

. . . . . . . . . . . . . . . . . . . .

Learning about the law or the form
Preparing the form

Short
Method

Regular
Method

13 min.

. . . . . . . .

12 min.

13 min.

. . . . . . . . . . . . . . . . . .

36 min.

4 hr., 06 min.

20 min.

1 hr., 03 min.

Copying, assembling, and sending the form to
the IRS . . . . . . . . . . . . . . . . . . . . . . . .

If you have comments concerning the accuracy of these time
estimates or suggestions for making this form simpler, we’d be happy to
hear from you. See the instructions for the tax return with which this form
is filed.

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Instructions for Form 2210 (2020)

File Type	application/pdf
File Title	2020 Instructions for Form 2210
Subject	Instructions for Form 2210, Underpayment of Estimated Tax by Individuals, Estates, and Trusts
Author	W:CAR:MP:FP
File Modified	2021-02-09
File Created	2021-02-08