Instructions For Form 2210 - Underpayment Of Estimated Tax By Individuals, Estates, And Trusts - 2016 Page 6
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9Worksheet for Form 2210, Part IV, Section B—Figure the Penalty
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 will need to make more than one computation for that column.
Payment Due Dates
(a)
(b)
(c)
(d)
4/15/16
6/15/16
9/15/16
1/15/17
1a Enter your underpayment from Part IV, Section A, line 25
. . . . .
1a
Date and amount of each payment applied to the underpayment
1b
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.
1b
Rate Period 1: April 16, 2016—June 30, 2016
2 Computation starting dates for this period . . . . . . . . . . . . . . . . .
2
4/15/16
6/15/16
Days:
Days:
3 Number of days from the date on line 2 to the date the amount
on line 1a was paid or 6/30/16, whichever is earlier . . . . . . . . . .
3
4
Underpayment
Number of days
on line 1a
×
on line 3
× 0.04
366
4
$
$
Rate Period 2: July 1, 2016—September 30, 2016
5 Computation starting dates for this period . . . . . . . . . . . . . . . . .
5
6/30/16
6/30/16
9/15/16
Days:
Days:
Days:
6 Number of days from the date on line 5 to the date the amount
on line 1a was paid or 9/30/16, whichever is earlier . . . . . . . . . .
6
7
Underpayment
Number of days
on line 1a
×
on line 6
× 0.04
366
7
$
$
$
Rate Period 3: October 1, 2016—December 31, 2016
8 Computation starting dates for this period . . . . . . . . . . . . . . . . .
8
9/30/16
9/30/16
9/30/16
Days:
Days:
Days:
9 Number of days from the date on line 8 to the date the amount
on line 1a was paid or 12/31/16, whichever is earlier . . . . . . . . .
9
10
Underpayment
Number of days
on line 1a
×
on line 9
× 0.04
366
10
$
$
$
Rate Period 4: January 1, 2017—April 15, 2017
11 Computation starting dates for this period
. . . . . . . . . . . . . . . .
11
12/31/16
12/31/16
12/31/16
1/15/17
Days:
Days:
Days:
Days:
12 Number of days from the date on line 11 to the date the amount
on line 1a was paid or 4/15/17, whichever is earlier . . . . . . . . . .
12
13
Underpayment
Number of days
on line 1a
×
on line 12
× 0.04
365
13
$
$
$
$
▶
14 Penalty. Add all amounts on lines 4, 7, 10, and 13 in all columns. Enter the total here and on line 27 of Part
14
IV, Section B . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
$
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Instructions for Form 2210 (2016)
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