Form It/sd 2210 - Long Method Interest Penalty On Underpayment Of Ohio Or School District Income Tax - 2016 Page 4
Download a blank fillable Form It/sd 2210 - Long Method Interest Penalty On Underpayment Of Ohio Or School District Income Tax - 2016 in PDF format just by clicking the "DOWNLOAD PDF" button.
Open the file in any PDF-viewing software. Adobe Reader or any alternative for Windows or MacOS are required to access and complete fillable content.
Complete Form It/sd 2210 - Long Method Interest Penalty On Underpayment Of Ohio Or School District Income Tax - 2016 with your personal data - all interactive fields are highlighted in places where you should type, access drop-down lists or select multiple-choice options.
Some fillable PDF-files have the option of saving the completed form that contains your own data for later use or sending it out straight away.
ADVERTISEMENT
1
2
3
4
5
6
7
8
9Back
IT/SD 2210 Long
Taxpayer’s name
Taxpayer’s SSN or FEIN
Rev. 12/16
2016 Ohio IT/SD 2210
Annualized Income Worksheet for Ohio IT 1040 Filers – Long Method
Note: If you annualize for one period, you must annualize for all periods. The time periods listed in each column are cumulative. That
is, the amounts in columns B, C and D include amounts for all previous periods in the taxable year. Note that the ending dates of 5/31/16
and 8/31/16 for columns B and C do not reflect quarterly ending dates. Include a copy of (i) the federal annual income tax worksheet and
(ii) this Ohio annualized income tax worksheet.
B
A
C
D
1/01/16 to
1/01/16 to
1/01/16 to
1/01/16 to
3/31/16
5/31/16
8/31/16
12/31/16
10211411
N/A
1. Cumulative federal adjusted gross income for each period
....................1.
2. Additions to federal adjusted gross income
............................................2.
.....................................3.
3. Deductions from federal adjusted gross income
4. Ohio adjusted gross income for each period: each column’s line 1
.................................4.
plus line 2 minus line 3. If less than zero, enter -0-
4
2.4
1.5
5. Annualization factor
................................................................................5.
6. Annualized Ohio adjusted gross income (line 4 times line 5 factor)
........6.
...............................................................................7.
7. Exemption deduction
8. Annualized Ohio taxable income (line 6 minus line 7). If line 7 is more
................................................................................8.
than line 6, enter -0-
9. Gross tax on annualized Ohio taxable income for each period (from
Income Tax Table 1 or 2 of the 2016 Ohio IT 1040 booklet)
....................9.
...........10.
10. Nonrefundable nonbusiness credits (Ohio Schedule of Credits)
........11.
11. Tax (line 9 minus line 10). If line 10 is more than line 9, enter -0-
12. Income-based exemption credit (Ohio Schedule of Credits, line 10)
..........12.
13. Annualized tax after exemption credit (line 11 minus line 12). If
line 12 is more than line 11, enter -0-
....................................................13.
14. Joint filing credit (Ohio Schedule of Credits, line 13)
..............................14.
15. Annualized tax after joint filing credit (line 13 minus line 14). If
...................................................15.
line 14 is more than line 13, enter -0-
16. Resident, nonresident, part-year resident tax credits, and non-
.......................16.
refundable business credits (Ohio Schedule of Credits)
.....................17.
17. Earned income credit (Ohio Schedule of Credits, line 14)
18. Ohio adoption credit (Ohio Schedule of Credits, line 15)
.......................18.
19. Manufacturing equipment grant (Ohio Schedule of Credits, line 34)
.....19.
20. Annualized Ohio income tax (line 15 minus lines 16, 17, 18 and
19). If less than zero, enter -0-
..............................................................20.
22.5%
45%
67.5%
21. Deannualization factor
..........................................................................21.
22. For columns A through C, multiply line 20 by line 21. For column
D, enter the amount from page 2, line 4
................................................22.
23. Amount from page 2, line 1 (enter the same amount in all four
columns)
................................................................................................23.
25%
50%
75%
100%
...........................................................................24.
24. Applicable percentage
25. Line 23 times line 24
.............................................................................25.
$125
$250
$375
$500
26. Deannualized adjustment for first $500
.................................................26.
............27.
27. Line 25 minus line 26. If line 26 is more than line 25, enter -0-
28. Enter in columns A, B, C and D, respectively, 25%, 50%, 75%
................................28.
and 100% of the amount shown on page 2, line 5
29. Enter here and in the respective columns on page 3, line 1 the
smallest of lines 22, 27 or 28
................................................................29.
- 4 -
ADVERTISEMENT
0 votes
Related Articles
Related forms
Form It/sd 2210 - Short Method - Interest Penalty On Underpayment Of Ohio Or School District Income Tax - 2011
Financial
Form It/sd 2210 - Short Method Interest Penalty On Underpayment Of Ohio Or School District Income Tax - 2013
Financial
Ohio Form It/sd 2210 - Interest Penalty On Underpayment Of Ohio Or School District Income Tax - Long Method - 2012
Financial
Ohio Form It/sd 2210 - Interest Penalty On Underpayment Of Ohio Or School District Income Tax - Long Method - 2013
Financial
Instructions For Form It-2210 - Interest Penalty On Underpayment Of Ohio Or School District Income Tax
Financial
Form Sd 2210-100 - Interest Penalty On Underpayment Of Ohio School District Income Tax 2007
Financial
Form It-2210 - Interest Penalty On Underpayment Of Ohio Estimated Tax By Individuals - 1998
Financial
Related Categories
Parent category: Financial