Form 221 - Underpayment Of Estimated Tax By Individuals Instructions printable pdf download

Arizona Form

Underpayment of Estimated Tax by Individuals

221

You must attach a completed Form 221 and your request to

Phone Numbers

your return.

If you have questions, please call one of the following

The Arizona gross income of a single individual will be the

help numbers:

same as his or her federal adjusted gross income reported on

the federal return. The Arizona gross income of a married

Phoenix

(602) 255-3381

individual who files separate returns for both federal and

Nationwide, toll-free

(800) 352-4090

Arizona purposes will be the federal adjusted gross income

Form orders

(602) 542-4260

reported on the federal return.

Forms by Fax

(602) 542-3756

Recorded Tax Information

For estimated payment purposes, the Arizona gross income

Phoenix

(602) 542-1991

of married individuals who file a joint federal return is not

Other Arizona areas, toll-free

(800) 845-8192

the federal adjusted gross income on that joint return. In

Hearing impaired TDD user

order for each spouse to determine whether he or she must

Phoenix

(602) 542-4021

make Arizona estimated payments, the spouses must

Other Arizona areas, toll-free

(800) 397-0256

determine what portion of the total income is attributable to

each spouse. Each spouse must compute his or her income as

You may also visit our web site at:

if filing a separate Arizona income tax return. This

calculation determines whether either spouse must make

Purpose of Form

Arizona estimated income tax payments.

Arizona requires certain individuals to make estimated

Each spouse must consider Arizona's community property

income tax payments. The department charges a penalty for

laws when separately calculating his or her income. Any

failure to make any required estimated payments. The

income that is designated as community income is taxable

department also charges interest on any late or underpaid

one-half to each spouse. Each spouse may claim one-half of

the deductions and credits related to items of community

estimated tax payment.

property. In addition, each spouse may claim one-half of the

Individuals use Form 221 to determine whether they paid

total income tax withheld on community income. For

enough estimated tax. Individuals also use this form to

estimated payment purposes, each spouse's Arizona gross

determine whether they are subject to penalty and interest for

income must reflect one-half of the community income from

any late or underpaid estimated tax payment.

all sources taxable to Arizona plus any separate income

taxable to Arizona.

Are You Subject to the Penalty?

If you had an Arizona gross income under $75,000 for

You must have made Arizona estimated income tax

both 1998 and 1999, you are not subject to the penalty.

payments during 1999 if either of the following apply.

Should You Complete This Form?

You reasonably expected your Arizona gross income to

exceed $75,000 in 1999.

You must complete this form if your individual Arizona

gross income for 1998 or 1999 exceeded $75,000. Complete

Your Arizona gross income in 1998 was greater than

this form to determine if you are subject to the penalty. You

$75,000.

must attach the completed Form 221 to your Arizona Form

In projecting current Arizona gross income, you must use

140, Form 140PY, or Form 140NR.

ordinary business care and prudence.

If you are a calendar year filer that reports as a farmer or

If you were unable to project your 1999 Arizona gross

fisherman for federal purposes, you do not have to make

income, you may request a waiver from the requirement to

estimated payments or complete Form 221 if all of the

make estimated payments. The department may grant a

following apply.

waiver for one or more payment periods. You must request a

You file your Arizona return by March 1, 2000.

waiver in writing. If requesting a waiver, attach your request

to your return when you file. Your request must explain the

You pay in full the amount stated as payable on the

reason why you could not reasonably project your Arizona

return.

gross income for one or more payment periods during 1999.

If you are a fiscal year filer that reports as a farmer or

The department may grant a waiver only if all of the

fisherman for federal purposes, you do not have to make

following apply.

estimated payments or complete Form 221 if all of the

following apply.

Your Arizona gross income for 1998 was less than

$75,000.

You file your Arizona return on or before the first day of

the third month after the end of the fiscal year.

Using ordinary business care and prudence, you were

unable to reasonably project your 1999 Arizona gross

You pay in full the amount stated as payable on the

income.

return.

Form 221 - Underpayment Of Estimated Tax By Individuals Instructions

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