Publication 505 - Tax Withholding And Estimated Tax Page 47
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492
Form 2210 (2001)
Page
Part IV
Regular Method (See page 3 of the instructions if you are filing Form 1040NR or 1040NR-EZ.)
Payment Due Dates
Example 4.7
Section A—Figure Your Underpayment
(a)
(b)
(c)
(d)
4/15/01
6/15/01
9/24/01
1/15/02
22
Required installments. If box 1b applies, enter the
amounts from Schedule AI, line 25. Otherwise, enter
409
1,803
1,455
2,214
22
25% (.25) of line 14, Form 2210, in each column
23
Estimated tax paid and tax withheld (see page 3 of
the instructions). For column (a) only, also enter the
807
807
amount from line 23 on line 27. If line 23 is equal to
+
1,000
+
1,000
or more than line 22 for all payment periods, stop
here; you do not owe the penalty. Do not file Form
807
807
1,807
1,807
23
2210 unless you checked a box in Part I
Complete lines 24 through 30 of one column
before going to the next column.
398
24
24
Enter amount, if any, from line 30 of previous column
1,205
1,807
1,807
25
25
Add lines 23 and 24
26
Add amounts on lines 28 and 29 of the previous
598
246
26
column
27
Subtract line 26 from line 25. If zero or less, enter -0-.
807
1,205
1,209
1,561
27
For column (a) only, enter the amount from line 23
28
If the amount on line 27 is zero, subtract line 25 from
- 0 -
- 0 -
28
line 26. Otherwise, enter -0-
9/2
1/12
4/15
29
Underpayment. If line 22 is equal to or more than
line 27, subtract line 27 from line 22. Then go to line
598
246
653
29
24 of next column. Otherwise, go to line 30
30
Overpayment. If line 27 is more than line 22, subtract
line 22 from line 27. Then go to line 24 of next column
398
30
Section B—Figure the Penalty (Complete lines 31 through 36 of one column before going to the next column.)
Example 4.9
4/15/01
6/15/01
April 16, 2001—June 30, 2001
Days:
Days:
31
Number of days from the date shown above
line 31 to the date the amount on line 29 was
15
31
paid or 6/30/01, whichever is earlier
32
Underpayment on line 29
Number of
(see page 4 of
days on line 31
.08
the instructions)
32
$
$
1.97
365
6/30/01
6/30/01
9/24/01
July 1, 2001—December 31, 2001
Days:
Days:
Days:
33
Number of days from the date shown above
line 33 to the date the amount on line 29 was
64
98
33
paid or 12/31/01, whichever is earlier
34
Underpayment on line 29
Number of
(see page 5 of
days on line 33
.07
the instructions)
34
$
$
7.34
$
4.62
365
12/31/01
12/31/01
12/31/01
1/15/02
January 1, 2002—April 15, 2002
Days:
Days:
Days:
Days:
35
Number of days from the date shown above
line 35 to the date the amount on line 29 was
12
90
35
paid or 4/15/02, whichever is earlier
36
Underpayment on line 29
Number of
(see page 5 of
days on line 35
.06
the instructions)
365
36
$
$
$
.49
$
9.66
37
Penalty. Add all amounts on lines 32, 34, and 36 in all columns. Enter the total here and on Form
1040, line 71; Form 1040A, line 46; Form 1040NR, line 69; Form 1040NR-EZ, line 26; or Form 1041,
line 26, but do not file Form 2210 unless you checked one or more of the boxes in Part I
24.08
37
$
2210
Form
(2001)
Chapter 4 Underpayment Penalty for 2001
Page 47
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