RI-2210PT
2012
UNDERPAYMENT OF ESTIMATED TAX BY PASS-THROUGH RETURN FILERS
Name shown on Form RI-1096PT
Federal employer identification number
PART 1
REQUIRED ANNUAL PAYMENT
2012
1.
Rhode Island income tax from RI-1096PT, line 4......................................................................................................................
1.
2.
Enter 80% of the amount shown on line 1.............................................................................................
2.
2012
3.
3.
Rhode Island withholding paid on behalf of reporting entity for
from RI-1096PT, line 8a.........................................................
4.
Subtract line 3 from line 1.
If the result is $250.00 or less, do not complete the rest of this
form....................................................
4.
5.
2011
5.
Rhode Island tax from RI-1096PT, line 4...................................................................................................................................
6.
Enter the SMALLER of line 2 or line 5................................................................................................................................................
6.
PART 2
SHORTCUT METHOD
You can use this method if you meet the following conditions
(Otherwise, you must complete parts 3 and 4 to figure your underestimating
interest):
1
the entity made no estimated payments OR all 4 estimated payments were equal and paid by the appropriate due dates;
2
AND the entity did not complete RI-2210PT, part 5 (Annualized Income Installment Worksheet).
7.
Enter the amount from part 1, line 6 above.........................................................................................................................................
7.
8.
Enter the total withholding and estimated tax paid from RI-1096PT, lines 5, 7, 8a and 8b.................................................................
8.
9.
Underpayment. Subtract line 8 from line 7.........................................................................................................................................
9.
10.
Multiply line 9 by 12.0205% (0.120205)..............................................................................................................................................
10.
11.
If the amount on line 9 was paid on or after 4/15/2013, enter $0.
If the amount on line 9 was paid before 4/15/2013, make the following calculation:
The amount on line 9 (times) the number of days paid before 4/15/2013 (times) .00033 and enter the result here.................
11.
12.
UNDERESTIMATING INTEREST. Subtract line 11 from line 10. Enter here and on RI-1096PT, line 10.......................................
12.
PAYMENT DUE DATES
PART 3
FIGURE YOUR UNDERPAYMENT
Column A
Column B
Column C
Column D
04/15/2012
06/15/2012
09/15/2012
01/15/2013
13.
13.
Divide the amount on line 6 by four (4) and enter the results in each column..
14.
Annualized income installments from part 5, line 33 NOTE:
Complete lines
14.
15 through 17 in one column before completing the next
column.....................
15.
Enter the amount from line 13 or line 14 if applicable.......................................
15.
16.
RI tax withheld and estimated tax paid
(If line 16 is equal to or more than line
15 for all installment periods, do not complete or file this form unless you
16.
report annualized income installments on line
14).............................................
17.
UNDERPAYMENT. Subtract line 16 from line 15 OR,
17.
OVERPAYMENT. Subtract line 15 from line 16................................................
PART 4
HOW TO FIGURE THE CHARGES
Column A
Column B
Column C
Column D
04/15/2012
06/15/2012
09/15/2012
01/15/2013
18.
18.
Payment date or date listed in instructions for line 18, whichever is earlier......
/
/
/
/
/
/
/
/
A.
Number of days from the installment date to date of payment or the due
19.
19A.
date of the next installment, whichever is earlier.......................................
days
days
days
B.
Number of days on line 19A
X
X
18%
underpayment on line 17...
19B.
366
20.
A.
Number of days from January 1, 2013 to the date of payment or January 15, 2013, whichever is earlier........
20A.
days
B.
Number of days on line 20A
X
X
18%
underpayment on line 17............................................................
20B.
366
21.
A.
Number of days from January 15, 2013 to the date of payment or April 15, 2013, whichever is earlier........................................
21A.
days
B.
Number of days on line 21A
X
X
18%
underpayment on line 17.........................................................................................
21B.
366
22.
UNDERESTIMATING INTEREST. Total amount from all columns on lines 19B, 20B and 21B. Enter here and on RI-1096PT, line 10.
22.
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