Form Il-2210 - Computation Of Penalties For Individuals - 2012
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Illinois Department of Revenue
2012 IL-2210
Computation of Penalties for Individuals
Attach to your Form IL-1040
IL Attachment No. 19
Read this information fi rst -
We encourage you to let us fi gure your penalties and send you a bill instead of completing
this form yourself.
We will waive the late payment penalty for underpayment of estimated tax if you timely paid the lesser of 100 percent of the prior year’s tax
liability or 90 percent of the current year’s tax liability. If you elect to complete Form IL-2210, this form refl ects that waiver.
For original returns only. Do not use this form if you are fi ling Form IL-1040-X, Amended Individual Income Tax Return, after the extended
due date of the return.
Step 1: Provide the following information
–
–
Your name as shown on Form IL-1040
Your Social Security number
Note: If your prior year tax return was fi led using a different Social Security number
than the number above, write that number here.
–
–
Step 2: Figure your required installments
A
B
This year
Last year
1
1
Write the amount of your total income tax from each tax return. See instructions.
2
2
Write the amount of credits from each tax return. See instructions.
3
3
Subtract Line 2 from Line 1.
4a
4a
Write the total amount of this year’s Illinois withholding from your W-2 forms.
4b
4b
Write the total amount of any pass-through entity payments made on your behalf.
4c
4c
Add Lines 4a and 4b and write the result here.
5
5
Subtract Line 4c from Line 3.
6
6
Multiply Column A, Line 3, by 90% (.9).
7
If Line 5 is $500 or less or if you are not required to make estimated tax payments,
write “0,” and go to Step 3. Otherwise, write the lesser of Column A, Line 6,
7
or Column B, Line 3.
8
Divide the amount written on Line 7 by four. This is the amount of each required
8
installment. (If you use the annualized income installment method, see instructions.)
Quarter 1
Quarter 2
Quarter 3
Quarter 4
15th day of 4th
15th day of 6th
15th day of 9th
15th day of 1st mo.
month of tax year
month of tax year
month of tax year
after end of tax year
9a
Write the installment due date for
each quarter. See instructions.
__ __/__ __/__ __ __ __
__ __/__ __/__ __ __ __
__ __/__ __/__ __ __ __ __ __/__ __/__ __ __ __
9b
Write the required installment.
See instructions.
10a
Write any credit carried forward from the
Skip this line for Quarter 2.
Skip this line for Quarter 3.
Skip this line for Quarter 4.
prior year.
10b
Write the amount of tax withheld.
10c
Write the amount of pass-through payments.
10d
Add Lines 10a through 10c in each column.
11
Subtract Line 10d from Line 9b. If the
amount is negative, use brackets.
12
If the amount on Line 13 of the
previous quarter is negative, write
that amount as a positive here.
Skip this line for Quarter 1.
Otherwise, write “0.”
13
Subtract Line 12 from Line 11. If the
amount is negative, use brackets.
Continue with Step 3 on Page 2
*261701110*
This form is authorized as outlined under the Illinois Income Tax Act. Disclosure of
this information is required. Failure to provide information could result in a penalty.
IL-2210 (R-12/12)
Page 1 of 4
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