Form 221 - Underpayment Of Estimated Tax By Individuals Instructions - 2015
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1
2
3
4
5Arizo
ona Form
201
15 Underp
payment
of Estima
ated Tax
by Indivi
iduals
2
221
Part
t year
That part of
f your federal a
adjusted gross
For
information
or help, ca
all one of t
he numbers
s
Ariz
zona resident
income that
t you must repo
ort to Arizona.
listed
d:
This amoun
nt is found on li
ine 27 of your
Phoen
nix
(60
02) 255-3381
2014 and 20
015 Arizona Fo
orm 140PY.
From
m area codes 52
0 and 928, toll
l-free
(80
00) 352-4090
Ariz
zona
That part of
f your federal a
adjusted gross
Tax f
forms, instr
uctions, and
d other tax i
nformation
non
nresident
income deri
ived from Ari
izona sources.
If you
u need tax form
ms, instruction
ns, and other ta
ax information,
,
This amoun
nt is found on li
ine 26 of your
go to
the departmen
nt’s website at w
ov.
2014 and 20
015 Arizona Fo
orm 140NR.
Inco
me Tax Proc
cedures and
Rulings
If yo
our Arizona g
gross income w
was less than
the prescribe
d
These
e instructions
may refer to t
the department
t’s income tax
x
thres
sholds ($75,00
00 or $150,000
0 if married f
filing joint) fo
or
proce
edures and rulin
ngs for more in
nformation. To
o view or print
t
eithe
er 2014 or 2015
5, you are not s
subject to the p
penalty.
these,
, go to our w
website and cli
ick on Legal R
Research then
n
Sho
ould I Com
mplete This
Form?
click
on Procedures
s or Rulings an
nd select a tax
x type from the
e
drop
down menu.
If yo
ou had to make
e estimated pay
yments during 2
2015, you mus
st
Publ
ications and
d Brochures
comp
plete this form
unless one of
the following a
applies.
To vi
iew or print th
e department’s
s publications
and brochures,
,
1. Y
Your 2015 Ar
rizona tax liabi
ility is less tha
an $1,000. Thi
is
go to
our website an
nd click on Pub
blications.
i
is the amount o
of tax shown o
on your return
reduced by any
y
A
Arizona incom
me tax withheld
d during the ta
axable year an
d
Purp
pose of Fo
orm
a
any allowable
tax credits that
t you are claim
ming.
2. T
The Arizona t
tax withheld fr
from your wag
ges or withheld
d
Certa
ain people must
t make estimat
ted income tax
payments. We
e
f
from other pay
yments during
2015 is equal
l to, or is mor
e
will c
charge a penal
lty if a person
n fails to make
e any required
d
t
than, your requ
uired annual pa
ayment (Form
221, line 9).
paym
ment.
3. Y
You report as
a farmer or fi
sherman for fe
ederal purpose
es
Use F
Form 221 to
figure if you
paid enough
estimated tax
.
a
and you are a c
calendar year f
filer and:
Also,
use this form
to see if you a
are subject to p
penalty for any
y
You file y
your Arizona re
eturn by March
h 1, 2016.
late o
or underpaid pa
ayment.
You pay i
in full the amo
ount stated as
payable on th
e
return.
Am
I Subject t
to the Pena
alty?
4. Y
You report as
a farmer or fi
isherman for fe
ederal purpose
es
You
are subject to
the penalty if
f you had to m
make estimated
d
a
and you are a f
fiscal year filer
r and:
paym
ments, but did n
not pay the righ
ht amount or m
made a payment
t
You file y
your Arizona re
eturn on or befo
fore the first day
y
late.
of the third
d month after th
he end of the fi
iscal year.
You pay i
in full the amo
ount stated as
payable on th
e
Yo
ou must have
e made estim
mated payme
ents during
return.
201
5 if the follow
wing apply:
If an
ny of items 1 t
through 4 abo
ove apply to y
ou, you do no
ot
AND
AND
have
to complete F
Form 221. Oth
erwise, comple
ete this form to
o
You
ur Arizona
Y
Your Arizona
see i
f you are subj
ect to the pena
alty. If you ha
ave to complet
e
gro
ss income
g
gross income
You
ur filing status i
is:
Form
m 221, you mu
ust include th
he completed F
Form 221 with
h
for
2014 was
for 2015 is
your
Arizona Form
m 140, Form 14
40PY, or Form
140NR.
gre
eater than:
greater than:
If yo
ou had to make
e estimated pay
yments, your p
payments, when
n
Mar
rried Filing Join
nt
$
150,000
$150,000
added
d to your Ariz
zona withholdi
ing, must total
l either 90% o
of
Sing
gle
$75,000
$
$75,000
the ta
ax due for 2015
5, or 100% of
the tax due for
r 2014.
Hea
ad of Househol
d
$75,000
$
$75,000
You
can use your
2014 tax to fig
gure the amou
unt of payment
ts
Mar
rried Filing Sep
parate
$75,000
$
$75,000
that y
you must have
e made during
2015 only if y
you filed a 2014
4
Arizo
ona income tax
x return.
W
What is my Ar
rizona gross
income for e
estimated
Par
rt A - Calcu
ulation of U
Underpaym
ment
payment pur
rposes?
(table c
continued on
n next colum
mn)
If yo
ou file an amen
nded return by
the due date o
of your origina
al
If yo
ou are a:
Your Arizo
ona gross inc
come is:
return
rn, use the am
mounts shown
on your ame
ended return t
o
figur
re your underp
ayment. If you
u file an amend
ded return afte
er
Full
l year
Your federa
al adjusted gr
ross income.
the d
due date, use th
he amounts sh
hown on your
original return
n.
Ariz
zona resident
This amount
t is found on lin
ne 12 of your
For m
more informati
ion, see Indivi
idual Income T
Tax Ruling ITR
R
2014 and 20
15 Arizona Fo
orm 140.
02-4.
.
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