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not include that amount if you do not

Line 17

have an amount on Form 2210, line 12,

If you are a household employer and

See Pub. 505 for more details. It has

and the amount on Form 2210, line 10

made advance EIC payments, include

examples of filled-in Forms 2210.

(excluding household employment taxes)

those payments as estimated tax

For guidance on figuring estimated

is less than $1,000. If so, do not file this

payments as of the date you paid the

taxes for trusts and certain estates, see

form; you do not owe the penalty.

wages to your employees.

Notice 87-32, 1987-1 C.B. 477.

Line 12

Part IV—Regular Method

Enter the taxes withheld from Form 1040,

lines 62 and 65; Form 1040A, line 39 (and

Specific Instructions

Use the regular method if you are not

any excess social security and tier 1

eligible to use the short method.

railroad retirement tax withheld included

Part II—Required Annual

on line 43); Form 1040NR, lines 58, 60,

Form 1040NR or 1040NR-EZ

66, and 67; or Form 1040NR-EZ, line 18.

Payment

Filers

For an estate or trust, enter the amount

Complete lines 2 – 15 to figure your

If you are filing Form 1040NR or

from Form 1041, line 24e.

required annual payment.

1040NR-EZ and did not receive wages

Line 14

as an employee subject to U.S. income

If you file an amended return by the

tax withholding, the instructions for

Figure your 2001 tax using the taxes and

due date of your original return, use the

figuring your underpayment and penalty

credits shown on your 2001 tax return.

amounts shown on your amended return

are modified as follows.

Use the same type of taxes and credits as

to figure your underpayment. If you file an

shown on lines 2, 3, 5, 6, 7, and 8 of this

amended return after the due date, use

1. Skip column (a) in Part IV.

Form 2210.

the amounts shown on the original return.

2. In column (b) of line 23 in Part IV,

enter

of the amount on line 15 (unless

If you are filing a joint return for 2002,

Exception. If you and your spouse file a

you are using the annualized income

but you did not file a joint return for 2001,

joint return after the due date to replace

installment method).

add the tax shown on your 2001 return to

previously filed separate returns, use the

3. In column (b) of line 24 in Part IV,

the tax shown on your spouse’s 2001

amounts shown on the joint return to

enter the total tax payments made

return and enter the total on line 14

figure your underpayment.

through June 17, 2002, for the 2002 tax

(figured as explained above). If you filed a

Line 2

year. If you are treating Federal income

joint return for 2001 but you are not filing

tax (and excess social security or railroad

Enter the amount from Form 1040, line

a joint return for 2002, see Pub. 505 to

retirement tax) as having been withheld

55; Form 1040A, line 36; Form 1040NR,

figure your share of the 2001 tax to enter

evenly throughout the year, you are

line 51; or Form 1040NR-EZ, line 15. For

on line 14.

considered to have paid

of these

an estate or trust, enter the amount from

If you did not file a return for 2001 or

amounts on each payment due date.

Form 1041, Schedule G, line 4.

your 2001 tax year was less than 12

4. Skip all lines in column (b) that are

months, do not complete line 14. Instead,

Line 3

shaded in column (a) in Part IV.

enter the amount from line 11 on line 15.

Enter the total of the following amounts

However, see Exceptions to the Penalty

on line 3.

Section A—Figure Your

•

on page 1.

Self-employment tax.

•

Underpayment

Tax from recapture of investment

Part III—Short Method

credit, low-income housing credit,

Line 23

qualified electric vehicle credit, Indian

Who Can Use the Short Method

Enter on line 23, columns (a) – (d), the

employment credit, or new markets credit.

•

You may use the short method only if:

amount of your required installment for

Tax on early distributions from (a) an

•

You made no estimated tax payments

the due date shown in each column

IRA or other qualified retirement plan, (b)

(or your only payments were withheld

heading. For most taxpayers, this is

an annuity, or (c) a modified endowment

Federal income tax) or

the required annual payment shown on

contract entered into after June 20, 1988.

•

You paid estimated tax in equal

line 15 of Part II. However, it may be to

Tax on distributions from a Coverdell

amounts on your due dates.

your benefit to figure your required

education savings account or a qualified

installments by using the annualized

tuition program not used for qualified

Note: If any payment was made earlier

income installment method. See the

education expenses.

than the due date, you may use the short

•

Schedule AI instructions beginning on

Tax on Archer MSA distributions not

method, but using it may cause you to

page 4.

used for qualified medical expenses.

pay a larger penalty than the regular

•

Section 72(m)(5) penalty tax.

method. If the payment was only a few

•

Line 24

Tax on golden parachute payments.

days early, the difference is likely to be

•

Advance earned income credit

Enter the estimated tax payments you

small.

payments.

made plus any withheld Federal income

•

You may not use the short method if

Tax on accumulation distribution of

tax and excess social security and

any of the following applies.

trusts.

•

railroad retirement tax, for the 2002 tax

•

You made any estimated tax payments

Interest due under sections 453(l)(3)

year. If you are a household employer

late.

and 453A(c) on certain installment sales

•

and made advance EIC payments,

You checked box 1b or 1c in Part I.

of property.

•

include those payments as estimated tax

•

You are filing Form 1040NR or

An increase or decrease in tax as a

payments as of the date you paid the

1040NR-EZ and you did not receive

shareholder in a qualified electing fund.

wages to your employees.

•

wages as an employee subject to U.S.

Tax on electing small business trusts

income tax withholding.

included on Form 1041, Schedule G,

In column (a), enter the tax payments

If you can use the short method,

line 7.

you made by April 15, 2002; in column

•

complete lines 16 – 19 to figure your total

Tax on income not effectively

(b), enter payments you made after April

underpayment for the year, and lines

connected with the U.S. from Form

15 through June 15, 2002; in column (c),

20 – 22 to figure the penalty.

1040NR, lines 52 and 55.

enter payments you made after June 15

•

Household employment taxes (before

In certain circumstances, the IRS will

through September 15, 2002; and in

subtracting advance EIC payments made

waive all or part of the penalty if you have

column (d), enter payments you made

to your employees; also see the

an underpayment on line 19. See Waiver

after September 15, 2002, through

instructions for line 17 or line 24). But do

of Penalty on page 1.

January 15, 2003.

-2-

Instructions For Form 2210 - Underpayment Of Estimated Tax By Individuals, Estates, And Trusts - 2002 Page 2

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