Instructions For Form Il-2210 Draft - 2010 (Page 3 of 4) in pdf

Figure the amount you owe

has an overpayment for all unpaid quarters), or you have no more

estimated payments to apply. See example on Page 4.

Lines 34 through 36 – Follow the instructions on the form.

If you apply all of your estimated payments and Column C remains

Line 37 – Add Lines 34 through 36. Write the total on this line. If the

unpaid for any quarter, you may apply

result is positive, this is the total of your tax, late-payment penalty for

unpaid tax, and your late-ﬁ ling penalty. See Form IL-1040, Line 38

any overpayment (the negative amount) from Step 3, Line 20, or

instructions for your payment options.

any overpayment (the negative amount) from Penalty

Step 6: Complete the annualization

Worksheet 1, Line 22, Column E.

worksheet for Step 2, Line 9

If you did not complete Penalty Worksheet 1, write any

payment made after the original due date of your return on Line 24.

Unless you made timely estimated payments, annualizing your

Apply this payment to any amount in Column C that is unpaid after

income will usually not reduce your penalty. If you complete the

applying any overpayment from Line 20.

annualization worksheet, check the box on your Form IL-1040,

If you have applied all your payments and overpayments and you still

Line 31c, and attach Form IL-2210 to your return.

have an unpaid amount in Column C, write “0” here.

Complete Lines 38 through 54 of one column before going to the

Complete Columns E through I.

next, beginning with Column A.

Column E – Subtract the payment in Column D from the unpaid

If the IITA was amended during your tax year and changed how

amount in Column C.

you compute your net income or credits, and the amendment does

If the result is positive, complete Columns F through I. Write this

not provide relief for taxpayers who computed their estimated tax

positive (unpaid) amount on the next line in Column C. Continue

obligations following the old law, use the old law to compute your

applying payments in date order until Column E is an overpayment,

net income and credits for each period ending before the date the

zero, or you have written “0” in Column D.

amendment became law.

If the result is negative or zero, you have paid this quarter. Write the

For example, if a law was passed on May 30, 2010, that disallowed

amount here and, if negative, use brackets. Complete Columns F

certain deductions allowed under prior law, for tax years ending on

through I. Apply any negative (overpayment) amount in Column E to

or after July 31, 2010, and you are completing this form for calendar

the next underpaid quarter.

year 2010, you should compute the amounts in Columns A and B,

If you wrote “0” in Column D, write the amount from Column C here,

Line 38 by treating the deduction as though no law changes were

and complete Columns F through I.

made. The amount in Columns C and D, Line 38, must be computed

by adding back the deduction in accordance with the new law.

Column F – Write the date of the estimated payment you applied in

Column D as shown on Line 24. If

To ﬁ gure your tax liability on Line 47 for a period before a new act

became law, use the tax rates and credits under the old law.

you are applying an overpayment from Step 3, Line 20, write the

date that corresponds to that payment as shown on Line 18a or 18b.

For example, if a credit was repealed by law, effective June 30, 2009,

for tax years ending on or after December 31, 2009, and the credit

you are applying an overpayment from Penalty Worksheet 1,

was reinstated July 30, 2010, for tax years ending on or after

Column E, write the date that corresponds to that payment as

December 31, 2010, you could use the credit to reduce the tax

shown in Step 4, Line 21a through 21d.

liability on your 2009 Form IL-2210, in Columns A and B, Line 47, but

Column D is “0,” do not write a date and skip to Column H.

not for Columns C and D.

Column G – Figure the number of days from the date in Column B to

The credit could be used again on the 2010 Form IL-2210, in

the date in Column F and write that number here. This is the number

Columns C and D, Line 47, but not Columns A and B. The credit may

of days the payment was late.

not be used for the ﬁ rst ﬁ ve months of the year, because the law

Column H – Write the penalty rate that applies to the number of

restoring the credit was not in effect as of May 31, 2010.

days you wrote in Column G. See the penalty rates on Form IL-2210,

Line 38 – In Columns A through C, write the base income that you

Page 2. If Column D is “0” and you did not write a date in Column F,

would have written on Form IL-1040, Line 9, if you completed a Form

write 10 percent (.10) here.

IL-1040 for the ﬁ rst three months, the ﬁ rst ﬁ ve months, and the ﬁ rst

Column I – Figure this amount using the payment portion in either

eight months of the tax year. In Column D, write the amount from

Column C or Column D.

your Form IL-1040, Line 9.

If Column D is “0” or if Column E is “0” or an overpayment, multiply

Income you received through a partnership, S corporation, trust, or

the unpaid amount in Column C by the penalty rate in Column H.

estate is considered received on the last day of that entity’s tax year.

Otherwise, multiply the payment amount in Column D by the penalty

Nonresidents and part-year residents – Write the amount in each

rate in Column H. Write the amount here.

column that you would have written on Schedule NR, Step 5, Line 46,

Line 26 – Add Column I, Quarters 1 through 4. This is your

if you completed a Schedule NR at the end of each period.

late-payment penalty for underpayment of estimated tax. Write the

Lines 39 and 40 – Follow the instructions on the form.

amount here and on your Form IL-1040, Line 31.

Line 41 – Write the amount in each column that you would have

Step 5: Figure your late-ﬁ ling penalty and

written as your exemption allowance on Form IL-1040, Line 10, as if

the amount you owe

you had completed a Form IL-1040 at the end of each period.

Figure your late-ﬁ ling penalty

If your number of exemptions changed during the tax year, determine

Complete Lines 27 through 33 to ﬁ gure your late-ﬁ ling penalty only if

the exemption allowance that you were entitled to claim at the end of

each period. Write this amount in the appropriate column.

you are ﬁ ling your Form IL-1040 after the extended due date of

your return; and

Nonresidents and part-year residents – Prorate your exemptions

as follows:

your tax was not paid by the original due date of your return.

Unless both of these apply, you do not owe a late-ﬁ ling penalty.

Exemption allowance (Form IL-1040, Line 10)

Illinois annualized income

Lines 27 through 33 – Follow the instructions on the form.

Total annualized income

Lines 42 through 54 – Follow the instructions on the form.

IL-2210 Instructions (R-12/10)

Page 3 of 4

Instructions For Form Il-2210 Draft - 2010 Page 3

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