Form M-2210 - Underpayment Of Massachusetts Estimated Income Tax - 2013 Page 2
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1
2Form M-2210 Instructions
General Information
Line-by-Line Instructions
Who should use this form. If you are an individual, or a tax-
Figuring your underpayment and penalty. To determine the
payer taxed as an individual, you should use Form M-2210 to
underpayment amount, complete lines 1 through 12, in order of
determine if your estimated and/or withholding tax payments
installment due dates, taking care to complete all four columns for
were sufficient. If they were not, an underpayment penalty will be
lines 7 through 12.
imposed, unless you qualify for one of the exceptions or waivers
Line 5
explained below.
• If you filed a return for 2012 and it was for a full 12 months,
Filing estimated tax vouchers. You are required to file esti-
enter your 2012 tax liability after credits.
mated tax vouchers if you reasonably expect to pay more than
• If you were a resident of Massachusetts for 12 months in 2012
$400 in Massachusetts income tax on income which is not covered
and you were not liable for taxes, enter “0.”
by withholding. For further information regarding estimated taxes,
• If you did not file a return for 2012, or if your 2012 tax year was
see the instructions for Form 1-ES Payment Vouchers or the
less than 12 months, do not complete line 5. Instead, enter the
publication Should You Be Paying Estimated Taxes?
amount from line 4 in line 6.
Exceptions which avoid the penalty. No underpayment pen alty
Line 8
will be imposed if:
If more than one payment is made for a given installment, attach
1. Your 2013 tax due after credits and withholding is $400 or less.
a separate penalty computation for each payment.
2. You were a qualified farmer or fisherman who filed and paid in
If you had any taxes withheld during the year, you may apply an
full with your return by March 1, 2014. To qualify, your gross in -
equal part of those taxes as payment on each required install-
come from farming or fishing must be at least two-thirds of the
ment(s). If you can establish the actual dates and amounts of
an nual gross income shown on your 2012 or 2013 return.
your withholding, you may consider those amounts as payments
3. You were a resident of Massachusetts for the full 12 months
on the dates they were actually withheld.
of the previous taxable year and were not liable for taxes.
Line 11
4. Your 2013 estimated payments and withholding (line 8) made
If line 11 shows an overpayment, that overpayment may be used
on or before each installment due date in the taxable year equal
as payment of any existing underpayment amount. Overpayments
or exceed the tax shown on your 2012 return divided among the
used as payments of prior underpayment amounts do not de -
four installment due dates provided that such return was for a
crease the actual underpayment amount but serve to reduce
full 12-month period.
instead the period of underpayment subject to penalty. If there
are no existing underpayment amounts, the overpayment is
If you qualify for an exception, do not complete lines 13 through
applied as a credit against the next installment.
23. Instead, check the appropriate box on the front of this form
Line 12
and fill in the “EX” oval on the back of Form 1 or Form 1-NR/PY.
Enclose this form with your return. If you qualify for the first ex -
If line 12 shows an underpayment, see the General Information
cep tion (your 2013 tax due after credits and withholding is $400
section to determine whether you qualify for an exception to, or
or less) you do not need to complete this form.
waiver of, the underpayment penalty. If you do not qualify, con-
tinue on through line 23 to determine your underpayment penalty.
Waiver of underpayment penalty. A waiver of underpayment
penalty for one or more installments may be granted if:
Annualized income installment method. If you do not re ceive
taxable income evenly throughout the year, you may wish to
1. Your underpayment was by reason of casualty, disaster or un -
annualize your income to adjust your required installment
usual circumstance; or
amount(s). Enter any adjusted installment amount in the appro-
2. You retired in 2012 or 2013 after reaching age 62, or you be -
priate column in line 7 and calculate any underpayment penalty
came disabled and your underpayment was due to reasonable
from those figures. Write “ANNUALIZED” under the column in
cause and not willful neglect.
line 23. For more information on using the Annualized Income
Installment method, please refer to the Massachusetts Depart -
If you qualify for the waiver, complete lines 7 through 12 for the
ment of Revenue’s Annualized Income Installment Worksheet,
installment(s) for which you are claiming a waiver, and write
Form M-2210A. Form M-2210A may be obtained by visiting DOR’s
“WAIVER” in the appropriate box(es) in line 13. Fill in the “EX”
website at or by calling (617) 887-MDOR.
oval on the back of Form 1 or Form 1-NR/PY. Enclose this form
and an explanation of your reasons for claiming the waiver with
Fiscal year taxpayers. If you file on a fiscal year basis and are
your return.
subject to an underpayment penalty, attach a separate statement
to calculate the penalty due based on the interest rate(s) in effect
for the period(s) of the underpayment(s).
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