Form Il-2210 - Computation Of Penalties For Individuals - 2014 Page 2
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2
3
4Step 3: Figure your unpaid tax
*461702110*
14
14
Enter the amount from Column A, Line 3.
15
15
Enter the amount of household employment tax from Form IL-1040, Line 22.
16
16
Enter the amount of use tax from Form IL-1040, Line 23.
17
17
Add Lines 14 through 16. Enter the total amount here.
18
Calculate the total amount of all payments made on or before the original due date of your tax return. Include your credit(s)
carried forward from a prior year (see instructions), your total estimated payments made this year, Form IL-505-I payments,
the pass-through withholding payments made on your behalf, and your withholding as shown on your W-2 and 1099
18
forms. Compare that total to the total of Line 9b, Quarters 1 through 4, and enter the greater amount here.
19
Subtract Line 18 from Line 17. If the amount is
positive, enter that amount here. Enter this amount in Penalty Worksheet 2, Line 23, Column C and continue
to Step 4.
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zero or negative, enter that amount here and, if negative, use brackets.
Step 4: Figure your late-payment penalty
Use Penalty Worksheet 1 to figure your late-payment penalty for underpayment of estimated tax.
Use Penalty Worksheet 2 to figure your late-payment penalty for unpaid tax.
You must follow the instructions in order to properly complete the penalty worksheets.
20
Enter the amount and the date of each payment you made. Include any credit(s) carried forward from a prior year. See instructions.
Amount
Date paid
Amount
Date paid
Amount
Date paid
a
e
i
__ __/__ __/__ __ __ __
__ __/__ __/__ __ __ __
__ __/__ __/__ __ __ __
b
f
j
__ __/__ __/__ __ __ __
__ __/__ __/__ __ __ __
__ __/__ __/__ __ __ __
c
g
k
__ __/__ __/__ __ __ __
__ __/__ __/__ __ __ __
__ __/__ __/__ __ __ __
d
h
l
__ __/__ __/__ __ __ __
__ __/__ __/__ __ __ __
__ __/__ __/__ __ __ __
Number of days late
Penalty rate
Penalty rates
1 - 30 ........................... .02
31 or more ..................... .10
Penalty Worksheet 1 –
Late-payment penalty for underpayment of estimated tax
If you paid the required amount from Line 13 by the payment due date for each quarter, do not complete this worksheet.
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Enter the unpaid amounts from Line 13, Quarters 1 through 4, on the first line of the appropriate quarters in Column C below. If you have
more than four payments to apply to any quarter, use a separate piece of paper following the same format as below and attach to this form.
A
B
C
D
E
F
G
H
I
Due
Unpaid
Payment
Balance due
Payment
Number of
Penalty rate
Period
date
amount
applied
(Col. C - Col. D)
date
days late
(See above)
Penalty
Qtr 1
__ __/__ __/__ __ __ __
__ __/__ __/__ __ __ __
__ __/__ __/__ __ __ __
__ __/__ __/__ __ __ __
__ __/__ __/__ __ __ __
Qtr 2
__ __/__ __/__ __ __ __
__ __/__ __/__ __ __ __
__ __/__ __/__ __ __ __
__ __/__ __/__ __ __ __
__ __/__ __/__ __ __ __
Qtr 3
__ __/__ __/__ __ __ __
__ __/__ __/__ __ __ __
__ __/__ __/__ __ __ __
__ __/__ __/__ __ __ __
__ __/__ __/__ __ __ __
Qtr 4
__ __/__ __/__ __ __ __
__ __/__ __/__ __ __ __
__ __/__ __/__ __ __ __
__ __/__ __/__ __ __ __
__ __/__ __/__ __ __ __
22
Add Column I, Quarters 1 through 4. This is your late-payment penalty for underpayment of estimated tax.
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Enter the total amount here and on your Form IL-1040, Line 33 (round to whole dollars).
You may apply any remaining overpayment from Quarter 4, Column E above to any underpayment when figuring Penalty
Worksheet 2, only if the payment date in Column F is after the original due date of the return.
Page 2 of 4
IL-2210 (R-12/14)
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