Instructions For Form 1040-A - U.s. Individual Income Tax Return - 2016 Page 64
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92Form 1040A” and your name, address, daytime phone number,
that amount if you are not a farmer or fisherman and your ad-
and social security number (SSN) on your payment and attach
justed gross income (AGI) shown on your 2016 return was
Form 1040-V. For the most up-to-date information on Form
more than $150,000 (more than $75,000 if married filing sepa-
1040-V, go to IRS.gov/Form1040V. If you are filing a joint re-
rately for 2017)). Your estimated tax payments for 2017 must
turn, enter the SSN shown first on your tax return.
have been made on time and for the required amount.
To help us process your payment, enter the amount on the
For most people, the “tax shown on your 2016 return” is the
right side of the check like this: $ XXX.XX. Don’t use dashes
amount on your 2016 Form 1040A, line 39, minus the total of
or lines (for example, don’t enter “$ XXX–” or “$ XXX
”).
xx
any amounts shown on lines 38, 42a, 43, 44, and 45.
100
Mail your 2017 tax return, payment, and Form 1040-V to
Figuring the penalty. If the Exception just described doesn't
the address shown on the form that applies to you.
apply and you choose to figure the penalty yourself, use Form
2210.
What If You Can't Pay?
Enter any penalty on line 51. Add the penalty to any tax due
If you can't pay the full amount shown on line 50 when you
and enter the total on line 50. However, if you have an over-
file, you can ask for:
payment on line 47, subtract the penalty from the amount you
An installment agreement, or
would otherwise enter on line 48a or 49. Lines 48a, 49, and 51
An extension of time to pay.
must equal line 47.
Installment agreement. Under an installment agreement, you
If the penalty is more than the overpayment on line 47, en-
can pay all or part of the tax you owe in monthly installments.
ter -0- on lines 48a and 49. Then subtract line 47 from line 51
However, even if an installment is granted, you will be charged
and enter the result on line 50.
interest and may be charged a late payment penalty on the tax
Don't file Form 2210 with your return unless Form 2210 in-
not paid by April 17, 2018. You also must pay a fee. To limit
dicates that you must do so. Instead, keep it for your records.
the interest and penalty charges, pay as much of the tax as pos-
Because Form 2210 is complicated, you can leave
sible when you file. But before requesting an installment agree-
line 51 blank and the IRS will figure the penalty and
TIP
ment, you should consider other less costly alternatives, such
send you a bill. We won't charge you interest on the
as a bank loan or credit card payment.
penalty if you pay by the date specified on the bill. If your in-
To ask for an installment agreement, you can apply online
come varied during the year, the annualized income install-
or use Form 9465. To apply online, go to IRS.gov and click on
ment method may reduce the amount of your penalty. But you
Apply for an Online Payment
Plan.
must file Form 2210 because the IRS can't figure your penalty
Extension of time to pay. If paying the tax when it is due
under this method. See the Instructions for Form 2210 for oth-
would cause you an undue hardship, you can ask for an exten-
er situations in which you may be able to lower your penalty by
sion of time to pay by filing Form 1127 by April 17, 2018. An
filing Form 2210.
extension generally won't be granted for more than 6 months. If
you pay after that date, you will be charged interest on the tax
not paid by April 15, 2018. You must pay the tax before the ex-
Third Party Designee
tension runs out. Penalties and interest will be imposed until
taxes are paid in full. For the most up-to-date information on
Form 1127, go to IRS.gov/Form1127.
If you want to allow your preparer, a friend, family member, or
any other person you choose to discuss your 2017 tax return
Line 51
with the IRS, check the “Yes” box in the “Third party desig-
nee” area of your return. Also, enter the designee's name,
Estimated Tax Penalty
phone number, and any five digits the designee chooses as his
or her personal identification number (PIN).
You may owe this penalty if:
Line 50 is at least $1,000 and it is more than 10% of the
If you check the “Yes” box, you, and your spouse if filing a
tax shown on your return, or
joint return, are authorizing the IRS to call the designee to an-
You didn't pay enough estimated tax by any of the due
swer any questions that may arise during the processing of your
dates. This is true even if you are due a refund.
return. You also are authorizing the designee to:
For most people, the “tax shown on your return” is the
Give the IRS any information that is missing from your
amount on your 2017 Form 1040A, line 39, minus the total of
return,
any amounts shown on lines 38, 42a, 43, 44, and 45.
Call the IRS for information about the processing of your
return or the status of your refund or payment(s),
Exception. You won't owe the penalty if your 2016 tax return
Receive copies of notices or transcripts related to your re-
was for a tax year of 12 full months and either of the following
applies.
turn, upon request, and
Respond to certain IRS notices about math errors, offsets,
1. You had no tax shown on your 2016 return and you
and return preparation.
were a U.S. citizen or resident for all of 2016.
2. The total of lines 40, 41, and any excess social security
You aren't authorizing the designee to receive any refund
and tier 1 RRTA tax included on line 46 on your 2017 return is
check, bind you to anything (including any additional tax lia-
at least 100% of the tax shown on your 2016 return (110% of
bility), or otherwise represent you before the IRS. If you want
-64-
Need more information or forms? Visit IRS.gov.
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