Instructions For Form Il-2210 Draft - Illinois Department Of Revenue

Illinois Department of Revenue

2012

Form IL-2210 Instructions

General Information

due on your return, reduced by withholding and payments made by

the original due date and any credits allowed on your return (2012

What is the purpose of this form?

Form IL-1040, Lines 16, 17, 18, and 28.)

This form allows you to figure penalties you may owe if you did not

An additional penalty will be assessed if you do not file a processable

return within 30 days of the date we notify you that we are not able

make timely estimated payments,

to process your return. This additional penalty is equal to the greater

pay the tax you owe by the original due date, or

of $250 or 2 percent of the tax shown on your return, determined

file a processable return by the extended due date.

without regard to any payments and credits, and may be assessed

Form IL-2210, Computation of Penalties for Individuals, may

up to a maximum of $5,000.

only be used with original returns. This includes any corrected return

What if I underpaid my estimated tax

filed before the extended due date of the return.

because of a change in the law during the

Do I need to complete this form if I owe

tax year?

penalties?

If a change in the Illinois Income Tax Act (IITA) enacted during the tax

No, you do not need to complete this form if you owe penalties. We

year increased your liability and the new statute does not specifically

encourage you to let us figure your penalties and send you a bill

provide for relief from penalties, you may reduce or eliminate your

instead of completing and filing this form yourself.

penalty for underpayment of estimated tax by using the annualized

If you let us figure your penalties, complete your Form IL-1040 as

income installment method in Step 6 and computing your income and

usual, leave Line 32 on your Form IL-1040 blank, and do not attach

liability for each period according to the IITA as in effect as of the end

Form IL-2210.

of that period. See Specific Instructions for Step 6.

Draft

However, you must complete this form if you

Specific Instructions

use the annualized income installment method in Step 6; or

Step 1: Provide the following information

choose to write the actual amount of tax withheld in each quarter

in Step 2, Line 10b.

Follow the instructions on the form.

For more information, see Publication 103, Penalties and Interest

Step 2: Figure your required installments

for Illinois Taxes. To receive a copy of this publication, visit our

website at tax.illinois.gov, call our 24-hour Forms Order Line at

If you were not required to file Form IL-1040 for last year,

12/14/12

1 800 356-6302, or call our TDD (telecommunications device for the

check the box on Form IL-1040, Line 32d and skip to Step 3.

deaf) at 1 800 544-5304.

Line 1 – Write in Column A the tax shown on your Form IL-1040,

What is late-payment penalty?

Line 15, for this year. Write in Column B the tax shown on your

Form IL-1040, Line 15, for last year.

Late-payment penalty is a penalty assessed for failure to pay the

For Columns A and B, if a corrected return was filed for

tax you owe by the due date. This penalty could result from two

either year on or before the automatic six-month extension date,

different underpayment situations and is assessed at either 2 percent

the corrected tax should be used. If an amended return was filed

or 10 percent of the unpaid liability based on the number of days

for either year after the automatic six-month extension date, use the

the payment is late. The penalty rates used on this form are for

most current tax reported prior to the extension date.

returns due on or after January 1, 2005. For returns due before

January 1, 2005, see Publication 103.

Line 2 – Write in Column A the total amount of credits you claimed

You will be assessed a late-payment penalty for unpaid tax if

on your Form IL-1040, Lines 16, 17, 18, and 28, for this year.

you did not pay the total tax you owe by the original due date of the

Write in Column B the total amount of credits you claimed on your

Form IL-1040, Lines 16, 17, 18, and 28, for last year. Do not include

return. An extension of time to file does not extend the amount

of time you have to make your payment.

your tax withheld or estimated payments on these lines.

You will be assessed a late-payment penalty for underpayment of

If you are filing a joint return this year and you and your

estimated tax if you were required to make estimated tax payments

spouse did not file a joint return last year, write in Column B the total

and failed to do so, or failed to pay the required amount by the

of the taxes shown on both of your IL-1040 returns for last year.

payment due date.

If you filed a joint return last year and you are either filing separate

You do not owe a late-payment penalty for underpayment of

returns this year or filing a joint return with a different spouse, skip Lines 1

estimated tax if

and 2 of Column B. Write in Column B, Line 3, the following calculation:

you qualify as a farmer for this year (check the box on Form

Tax minus credits you would have shown

IL-1040, Line 32a);

Tax minus credits shown

on a separate return for last year.

on last year’s joint return

you or your spouse were 65 years of age or older, and

Total of the taxes minus credits you

permanently lived in a nursing home during this year (check the

and your spouse would have shown on

box on Form IL-1040, Line 32b);

separate returns for last year.

you were not required to file Form IL-1040 for last year (check the

Lines 3 through 6 and Line 8 – Follow the instructions on the form.

box on Form IL-1040, Line 32d);

Line 7 – If Line 5 is $500 or less or if you checked the box on your

last year’s Form IL-1040 had a zero tax liability (Form IL-1040,

Form IL-1040, Line 32a or 32b indicating you are not required

Line 15 minus Lines 16, 17, 18, 25, 27, and 28); or

to make estimated tax payments, write zero and skip to Step 3.

this year’s tax liability (Form IL-1040, Line 15 minus Lines 16, 17,

Otherwise, follow the instructions on the form.

18, 25, 27, and 28) is $500 or less.

We will waive the late-payment penalty for underpayment of

What is late-filing or nonfiling penalty?

estimated tax if you timely paid the lesser of 100 percent of the prior

year’s tax liability or 90 percent of the current year’s tax liability. This

Late-filing or nonfiling penalty is a penalty assessed for failure to

form reflects that waiver.

file a processable return by the extended due date. This penalty is the

lesser of $250 or 2 percent of the tax amount required to be shown

IL-2210 Instructions (R-12/12)

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Instructions For Form Il-2210 Draft - Illinois Department Of Revenue - 2012

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