Form Il-2210 - Computation Of Penalties For Individuals - 2005 Page 2
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1
2
3Step 4: Figure your late-payment penalty
Use Penalty Worksheet 1 to figure your late-payment penalty for unpaid tax.
Use Penalty Worksheet 2 to figure your late-payment penalty for underpayment of estimated tax.
You must follow the instructions in order to properly complete the penalty worksheets.
Number of days late Penalty rate
Penalty rates
1 - 30 .......................... .02
31 or more ...................... .10
Penalty Worksheet 1 –
Late-payment penalty for unpaid tax
23
Write the amount and the date of any payment you made on or after April 18, 2006. See instructions.
Amount
Date paid
a
__ __/__ __/__ __ __ __
b
__ __/__ __/__ __ __ __
24
Write the amount from Line 22 on the first line of Column C below.
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
Return April 17, 2006
__ __/__ __/__ __ __ __
__ __/__ __/__ __ __ __
__ __/__ __/__ __ __ __
25
Add Column I. This is your late-payment penalty for unpaid tax.
25
Write the total amount here and in Step 5, Line 32.
You may apply any remaining overpayment in Column E above to any underpayment when figuring the Penalty Worksheet 2.
Penalty Worksheet 2 –
Late-payment penalty for underpayment of estimated tax
If you paid the required amount from Line 17 by the payment due date for each quarter, do not complete this worksheet.
26
Write the amount and the date of each estimated income tax payment you made. See instructions.
Estimated Income Tax Payments
Amount
Date paid
Amount
Date paid
Amount
Date paid
a
c
e
__ __/__ __/__ __ __ __
__ __/__ __/__ __ __ __
__ __/__ __/__ __ __ __
b
d
f
__ __/__ __/__ __ __ __
__ __/__ __/__ __ __ __
__ __/__ __/__ __ __ __
27
Write the unpaid amounts from Step 2, Line 17, Quarters 1 through 4, on the first line of the appropriate quarters in Column C below.
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 April 15, 2005
__ __/__ __/__ __ __ __
__ __/__ __/__ __ __ __
__ __/__ __/__ __ __ __
Qtr 2 June 15, 2005
__ __/__ __/__ __ __ __
__ __/__ __/__ __ __ __
__ __/__ __/__ __ __ __
Qtr 3 Sept. 15, 2005
__ __/__ __/__ __ __ __
__ __/__ __/__ __ __ __
__ __/__ __/__ __ __ __
Qtr 4 Jan. 17, 2006
__ __/__ __/__ __ __ __
__ __/__ __/__ __ __ __
__ __/__ __/__ __ __ __
28
Add Column I, Quarters 1 through 4. This is your late-payment penalty for underpayment of estimated tax.
28
Write the total amount here and on your Form IL-1040, Line 27.
Page 2 of 3
IL-2210 (R-12/05)
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