Form Il-2210 Instructions - 2001 (Page 3 of 4) in pdf

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

Penalty Worksheet 2 – Late-payment

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

penalty for underpayment of estimated tax

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

rate in Column H. Write the amount here.

If the amount on Line 17 is greater than zero for any quarter, you may

owe a late-payment penalty for underpayment of estimated tax. Use

Line 28 – Add Column I, Quarters 1 through 4. This is your late-

Penalty Worksheet 2 to figure the penalty for any unpaid quarter.

payment penalty for underpayment of estimated tax. Write the

amount here and on your Form IL-1040, Line 27.

Line 26 – Write the amount and the date of each estimated tax

payment you made during the year. List the payments in date order.

Do not include any payments already written on Line 20a, Line 20b,

Step 5: Figure your late-filing penalty and

or Line 23.

the amount you owe

Line 27 – Follow the instructions on the form.

Figure your late-payment penalty

Column D – Apply the estimated payment with the earliest date from

Complete Lines 29 through 31 to figure your late-filing penalty only if

Line 26 to the first unpaid quarter. Complete Columns E through I.

you are filing your Form IL-1040 after October 15, 2002; and

Continue applying estimated payments in date order until all unpaid

your tax was not paid by April 15, 2002.

amounts in Column C have been satisfied (Column E is zero or has

If neither of these apply, you do not owe a late-filing penalty.

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

estimated payments to apply. See example on Page 4.

Lines 29 through 31 – Follow the instructions on the form.

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

Figure the amount you owe

unpaid for any quarter, you may apply

Lines 32 - 34 – Follow the instructions on the form.

any overpayment (the negative amount) from Line 22, or

Line 35 – Add Lines 32 through 34. Write the total on this line. This

any overpayment (the negative amount) from Penalty Worksheet 1,

is the total of your tax, late-payment penalty for unpaid tax, and your

Line 24, Column E.

late-filing penalty. Refer to Form IL-1040, Line 34 instructions for

If you did not complete Penalty Worksheet 1, write any

your payment options.

payment made on or after April 16, 2002 on Line 26. Apply this

payment to any amount in Column C that is unpaid after applying any

Step 6: Complete the annualization

overpayment from Line 22.

worksheet for Step 2, Line 13

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

You should complete this worksheet if your income was not received

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

evenly throughout the year, and you choose to annualize your

Complete Columns E through I.

income. If you complete the annualization worksheet, check the box

on your Form IL-1040, Line 27, and attach Form IL-2210 to your form.

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

amount in Column C.

Complete Lines 36 through 52 of one column before going to the

next, beginning with Column A.

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

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

Annualizing your income will reduce your penalty only if

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

you made an estimated payment in the quarter in which you received

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

the additional income.

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

Line 36 – In Columns A through C, write the base income that you

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

would have written on Form IL-1040, Line 11, if you completed a

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

Form IL-1040 for the first three months, the first five months, and the

the next underpaid quarter.

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

your Form IL-1040, Line 11.

If you have written “0” in Column D, write the amount from Column C

here, and complete Columns F through I.

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

estate is considered received on the last day of the business’ tax year.

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

Column D as shown on Line 26. If

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

you are applying an overpayment from Line 22, write the date that

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

corresponds to that payment as shown on Lines 20a or 20b.

Line 45, if you completed a Schedule NR at the end of each period.

you are applying an overpayment from Penalty Worksheet 1,

Lines 37 and 38 – Follow the instructions on the form.

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

shown on Lines 23a or 23b.

Line 39 – Write the amount in each column that you would have

written as your exemption allowance on Form IL-1040, Line 12, as if

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

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

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

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

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

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

of days the payment was late.

each period. Write this amount in the appropriate column.

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

Nonresidents and part-year residents – Prorate your exemptions

days you wrote in Column G. See the penalty rates at the top of

as follows:

Form IL-2210, Page 2. If Column D is “0” and you did not write a date

in Column F, write 15 percent (.15) here.

Exemption allowance (Form IL-1040, Line 12)

Illinois annualized income

total annualized income

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

Lines 40 through 52 – Follow the instructions on the form.

Column C or Column D.

IL-2210 Instructions (R-12/01)

Page 3 of 4

Form Il-2210 Instructions - 2001 Page 3

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