Form Il-2210 - Computation Of Penalties For Individuals - 2015
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Illinois Department of Revenue
2015 IL-2210
Computation of Penalties for Individuals
Attach to your Form IL-1040
IL Attachment No. 19
Read this information first -
We encourage you to let us figure 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 reflects that waiver.
The late-payment penalty for underpayment of estimated tax is based on the tax shown due on your original return. Do not use the tax shown
on an amended return filed after the extended due date of the return to compute your required installments in Step 2.
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 filed using a different Social Security number
–
–
than the number above, enter that number here.
Step 2: Figure your required installments
A
B
This year
Last year
1
Enter your total income tax and compassionate use of medical cannabis
1
surcharge from each tax return. See instructions.
2
2
Enter the amount of credits from each tax return. See instructions.
3
3
Subtract Line 2 from Line 1.
4a
4a
Enter the total amount of this year’s Illinois withholding from your W-2 and 1099 forms.
4b
4b
Enter the total amount of pass-through withholding payments made on your behalf.
4c
4c
Add Lines 4a and 4b and enter 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,
enter “0,” and go to Step 3. Otherwise, enter the lesser of Column A, Line 6,
7
or Column B, Line 3.
8
Divide the amount entered 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
Enter the installment due date for
each quarter. See instructions.
__ __/__ __/__ __ __ __
__ __/__ __/__ __ __ __
__ __/__ __/__ __ __ __ __ __/__ __/__ __ __ __
9b
Enter the required installment.
See instructions.
10a
Enter the amount of tax withheld.
10b
Enter the amount of pass-through payments.
10c
Add Lines 10a and 10b in each column.
11
Subtract Line 10c from Line 9b. If the
amount is negative, use brackets.
12
If the amount on Line 13 of the
previous quarter is negative, enter
that amount as a positive here.
Skip this line for Quarter 1.
Otherwise, enter “0.”
13
Subtract Line 12 from Line 11. If the
amount is negative, use brackets.
Continue with Step 3 on Page 2
*561701110*
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-12/15)
Page 1 of 4
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