Form Il-2210 - Computation Of Penalties For Individuals - 2005
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1
2
3Illinois Department of Revenue
IL-2210
2005
Computation of Penalties for Individuals
Attach to your Form IL-1040
Attachment Sequence No. 20
Read this information first -
For original returns only. Do not use this form if you are filing Form IL-1040-X, Amended
Individual Income Tax Return, after the extended due date of the return. We encourage you to let us figure your penalties and send you a bill
instead of completing and filing this form yourself.
Step 1: Provide the following information
1
This form is for calendar year 2005 or for fiscal year beginning
,
, and ending
,
.
Month
Year
Month
Year
2
2
Write your name as it appears on your Form IL-1040.
3
3
Write your Social Security number as it appears on this year’s Form IL-1040.
–
–
4
If your prior year Form IL-1040 was filed using a different Social Security number
4
than the number shown on Line 3, write that number here.
–
–
Step 2: Figure your required installments
A
B
This year
Last year
5
5
Write the amount of your total income tax from each Form IL-1040. See instructions.
6
6
Write the amount of credits from each Form IL-1040. See instructions.
7
7
Subtract Line 6 from Line 5.
8
8
Write the total amount of this year’s Illinois withholding from your W-2 forms.
9
9
Subtract Line 8 from Line 7.
10
10
Multiply Column A, Line 7, by 90% (.9).
11
If Line 9 is $500 or less, write “0,” and go to Step 3. Otherwise, write the
11
lesser of Column A, Line 10, or Column B, Line 7.
12
Divide the amount written on Line 11 by four. This is the amount of each required
12
installment. (If you use the annualized income installment method, see instructions.)
Quarter 1
Quarter 2
Quarter 3
Quarter 4
April 15, 2005
June 15, 2005
September 15, 2005
January 17, 2006
13
Write the required installment.
See instructions.
14
Write any credit carried forward from the
prior year and the amount withheld.
See instructions.
15
Subtract Line 14 from Line 13. If the
amount is negative, use brackets.
16
If the amount on Line 17 of the
previous quarter is negative, write
that amount as a positive here.
Otherwise, write “0.”
Skip this line for Quarter 1.
17
Subtract Line 16 from Line 15. If the
amount is negative, use brackets.
Step 3: Figure your unpaid tax
18
18
Write the amount from Column A, Line 7.
19
Add your credit carried forward from the prior year, your total estimated payments made this year, and your
withholding as shown on your W-2 forms. Compare that total to either the amount written on Line 11, or, if you
19
annualized, the total of Line 13, Quarters 1 through 4, and write the greater amount here.
20
Write other payments made on or before April 17, 2006.
a
20a
Write the amount and the date of your Form IL-505-I.
Date:
__ __/__ __/__ __ __ __
b
20b
Write the amount and the date of any other payment.
Date:
__ __/__ __/__ __ __ __
20
Add Lines 20a and 20b. Write the amount here.
21
21
Add Lines 19 and 20. Write the total amount here.
22
Subtract Line 21 from Line 18. If the amount is
positive, write that amount here. Continue to Step 4, and write this amount in Penalty Worksheet 1, Line 24, Column C.
zero or negative, write that amount here, if negative use brackets. Continue to Step 4, skip Penalty Worksheet 1,
and go to Penalty Worksheet 2. You may apply this amount to any underpayment when figuring your
22
Penalty Worksheet 2. See instructions.
IL-2210 (R-12/05)
Page 1 of 3
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