Federal IRS Income Tax Form for Tax Year 2010 (1/1

 Federal IRS Income Tax Form for Tax Year 2010 (1/1/2010‐12/31/2010) You can efile this tax form for Tax Year 2010 (Jan. 1, 2010 ‐ Dec. 31, 2010) from Jan. 15, 2011 until October 17, 2011. After October 15 until around December 15, you can prepare the current tax year’s tax forms online, but the IRS will no longer accept tax returns via efile. After December 15 of the tax year, forms can only be prepared offline and will have to be mailed to the address listed on each tax form. You can complete your back taxes or tax returns for previous tax years through an efile.com Tax Professional. Please contact efile.com for further information. efile.com provides a wide range of IRS Tax Publications and Tax Information. View a complete list of Federal Tax Forms that can be prepared online and efiled together with State Tax Forms. Estimate Federal Income Taxes for Free‐‐for back taxes or the for current tax year‐‐with the Federal Income Tax Calculator. Download Federal IRS Tax Forms by Tax Year: IRS Tax Forms for Tax Year 2011 IRS Tax Forms for Tax Year 2010 IRS Tax Forms for Tax Year 2009 IRS Tax Forms for Tax Year 2008, 2007, 2006, 2005, 2004 Get electronic filing support and find answers to your tax questions. For further help with preparing or efiling your tax return, please contact an efile.com tax representative. Form
2210
Underpayment of
Estimated Tax by Individuals, Estates, and Trusts
Department of the Treasury
Internal Revenue Service
▶ See
separate instructions.
▶ Attach to Form 1040, 1040A, 1040NR, 1040NR-EZ, or 1041.
OMB No. 1545-0140
2010
Attachment
Sequence No. 06
Identifying number
Name(s) shown on tax return
Do You Have To File Form 2210?
Complete lines 1 through 7 below. Is line 7 less than $1,000?
▼
Yes
▶
No
You may owe a penalty. Does any box in Part II below apply?
Yes
▼
Do not file Form 2210. You are not required to figure
your penalty because the IRS will figure it and send
you a bill for any unpaid amount. If you want to figure
it, you may use Part III or Part IV as a worksheet and
enter your penalty amount on your tax return, but do
not file Form 2210.
▶
Do not file Form 2210. You do not owe a penalty.
You do not owe a penalty. Do not file Form 2210
(but if box E in Part II applies, you must file page 1 of
Form 2210).
You must file Form 2210. Does box B, C, or D in Part II
apply?
No
No
Part I
▶
No
Complete lines 8 and 9 below. Is line 6 equal to or more than
line 9?
▼
Yes
Yes
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You must figure your penalty.
▼
You are not required to figure your penalty because the IRS
will figure it and send you a bill for any unpaid amount. If you
want to figure it, you may use Part III or Part IV as a
worksheet and enter your penalty amount on your tax return,
but file only page 1 of Form 2210.
Required Annual Payment
1 Enter your 2010 tax after credits from Form 1040, line 55 (see instructions if not filing Form 1040)
2 Other taxes, including self-employment tax (see page 2 of the instructions) . . . . . . . .
1
2
3 Refundable credits. Enter the total of your making work pay credit, earned income credit,
additional child tax credit, American opportunity credit (Form 8863, line 14), first-time homebuyer
credit (Form 5405, line 10), credit for federal tax paid on fuels, adoption credit, refundable credit
)
3 (
for prior year minimum tax (Form 8801, line 27), and health coverage tax credit . . . . .
4 Current year tax. Combine lines 1, 2, and 3. If less than $1,000, stop; you do not owe a penalty.
Do not file Form 2210 . . . . . . . . . . . . . . . . . . . . . . . . .
4
5 Multiply line 4 by 90% (.90) . . . . . . . . . . . . .
5
6 Withholding taxes. Do not include estimated tax payments (see page 3 of the instructions) . .
6
7 Subtract line 6 from line 4. If less than $1,000, stop; you do not owe a penalty. Do not file Form 2210
7
8 Maximum required annual payment based on prior year’s tax (see page 3 of the instructions) . .
8
9 Required annual payment. Enter the smaller of line 5 or line 8 . . . . . . . . . . .
9
Next: Is line 9 more than line 6?
No. You do not owe a penalty. Do not file Form 2210 unless box E below applies.
Yes. You may owe a penalty, but do not file Form 2210 unless one or more boxes in Part II below applies.
• If box B, C, or D applies, you must figure your penalty and file Form 2210.
• If box A or E applies (but not B, C, or D) file only page 1 of Form 2210. You are not required to figure your penalty; the IRS
will figure it and send you a bill for any unpaid amount. If you want to figure your penalty, you may use Part III or IV as a
worksheet and enter your penalty on your tax return, but file only page 1 of Form 2210.
Part II Reasons for Filing. Check applicable boxes. If none apply, do not file Form 2210.
A
You request a waiver (see page 2 of the instructions) of your entire penalty. You must check this box and file page 1 of Form
2210, but you are not required to figure your penalty.
B
You request a waiver (see page 2 of the instructions) of part of your penalty. You must figure your penalty and waiver
amount and file Form 2210.
C
Your income varied during the year and your penalty is reduced or eliminated when figured using the annualized income
installment method. You must figure the penalty using Schedule Al and file Form 2210.
D
Your penalty is lower when figured by treating the federal income tax withheld from your income as paid on the dates it was
actually withheld, instead of in equal amounts on the payment due dates. You must figure your penalty and file Form 2210.
E
You filed or are filing a joint return for either 2009 or 2010, but not for both years, and line 8 above is smaller than line 5
above. You must file page 1 of Form 2210, but you are not required to figure your penalty (unless box B, C, or D applies).
For Paperwork Reduction Act Notice, see page 6 of separate instructions.
Cat. No. 11744P
Form 2210 (2010)
Page 2
Form 2210 (2010)
Part III
Short Method
You may use the short method if:
• You made no estimated tax payments (or your only payments were withheld
federal income tax), or
• You paid the same amount of estimated tax on each of the four payment
due dates.
Can You Use the
Short Method?
You must use the regular method (Part IV) instead of the short method if:
• You made any estimated tax payments late,
• You checked box C or D in Part II, or
• You are filing Form 1040NR or 1040NR-EZ and you did not receive wages
as an employee subject to U.S. income tax withholding.
Note: If any payment was made earlier than the due date, you may use the short method, but using it may cause you to pay a
larger penalty than the regular method. If the payment was only a few days early, the difference is likely to be small.
Must You Use the
Regular Method?
10 Enter the amount from Form 2210, line 9 .
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11 Enter the amount, if any, from Form 2210, line 6 .
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12 Enter the total amount, if any, of estimated tax payments you made
(see page 3 of the instructions) . . . . . . . . . . . .
13 Add lines 11 and 12 .
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12
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14 Total underpayment for year. Subtract line 13 from line 10. If zero or less, stop; you do not owe
a penalty. Do not file Form 2210 unless you checked box E in Part II . . . . . . . . .
14
15 Multiply line 14 by .02383 .
.
15
16 • If the amount on line 14 was paid on or after 4/15/11, enter -0-.
• If the amount on line 14 was paid before 4/15/11, make the following computation to find the
amount to enter on line 16.
Amount on
Number of days paid
line 14
×
before 4/15/11
× .00008 . . . . . . . . . . .
16
17 Penalty. Subtract line 16 from line 15. Enter the result here and on Form 1040, line 77;
Form 1040A, line 49; Form 1040NR, line 73; Form 1040NR-EZ, line 26; or Form 1041, line 26.
Do not file Form 2210 unless you checked a box in Part II . . . . . . . . . . .
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▶
Form 2210 (2010)
Page 3
Form 2210 (2010)
Part IV
Regular Method (See page 3 of the instructions if you are filing Form 1040NR or 1040NR-EZ.)
Payment Due Dates
Section A—Figure Your Underpayment
(a)
(b)
(c)
4/15/10
6/15/10
9/15/10
(d)
1/15/11
18 Required installments. If box C in Part II applies,
enter the amounts from Schedule AI, line 25.
Otherwise, enter 25% (.25) of line 9, Form 2210, in
each column . . . . . . . . . . . . . 18
19 Estimated tax paid and tax withheld (see page 3 of the
instructions). For column (a) only, also enter the amount
from line 19 on line 23. If line 19 is equal to or more
than line 18 for all payment periods, stop here; you do
not owe a penalty. Do not file Form 2210 unless you
checked a box in Part II . . . . . . . . . .
Complete lines 20 through 26 of one column
before going to line 20 of the next column.
20 Enter the amount, if any, from line 26 in the previous
column . . . . . . . . . . . . . . .
21 Add lines 19 and 20 . . . . . . . . . . .
22 Add the amounts on lines 24 and 25 in the previous
column . . . . . . . . . . . . . . .
19
20
21
22
23 Subtract line 22 from line 21. If zero or less, enter
-0-. For column (a) only, enter the amount from line
19 . . . . . . . . . . . . . . . . . 23
24 If line 23 is zero, subtract line 21 from line 22.
Otherwise, enter -0- . . . . . . . . . . . 24
25 Underpayment. If line 18 is equal to or more than
line 23, subtract line 23 from line 18. Then go to line
20 of the next column. Otherwise, go to line 26 . ▶ 25
26 Overpayment. If line 23 is more than line 18,
subtract line 18 from line 23. Then go to line 20 of
the next column . . . . . . . . . . . . 26
Section B—Figure the Penalty (Use the Worksheet for Form 2210, Part IV, Section B—Figure the Penalty on page 4 of
the instructions to figure your penalty.)
27 Penalty. Enter the total penalty from line 8 of the Worksheet for Form 2210, Part IV, Section B—Figure
the Penalty. Also include this amount on Form 1040, line 77; Form 1040A, line 49; Form 1040NR, line
73; Form 1040NR-EZ, line 26; or Form 1041, line 26. Do not file Form 2210 unless you checked a box
in Part II . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ▶
27
Form 2210 (2010)
Page 4
Form 2210 (2010)
Schedule AI—Annualized Income Installment Method (See pages 5 through 6 of the instructions.)
Estates and trusts, do not use the period ending dates shown to
the right. Instead, use the following: 2/28/10, 4/30/10, 7/31/10,
and 11/30/10.
Part I
(a)
1/1/10–3/31/10
(b)
1/1/10–5/31/10
(c)
1/1/10–8/31/10
(d)
1/1/10–12/31/10
Annualized Income Installments
1 Enter your adjusted gross income for each period (see
instructions). (Estates and trusts, enter your taxable
income without your exemption for each period.) . .
2 Annualization amounts. (Estates and trusts, see instructions).
3 Annualized income. Multiply line 1 by line 2 . . .
1
2
3
4
2.4
1.5
1
4 If you itemize, enter itemized deductions for the period shown in
each column. All others enter -0-, and skip to line 7. Exception:
Estates and trusts, skip to line 9 and enter amount from line 3 .
5 Annualization amounts . . . . . . . . . .
6 Multiply line 4 by line 5 . . . . . . . . . .
4
5
6
4
2.4
1.5
1
7 In each column, enter the full amount of your standard
deduction from Form 1040, line 40, or Form 1040A, line 24.
(Form 1040NR or 1040NR-EZ filers, enter -0-. Exception:
Indian students and business apprentices, see instructions.) .
8 Enter the larger of line 6 or line 7 . . . . . . .
9 Subtract line 8 from line 3 . . . . . . . . .
7
8
9
22.5%
45%
67.5%
90%
10 In each column, multiply $3,650 by the total number
of exemptions claimed. (Estates, trusts, and Form
1040NR or 1040NR-EZ filers, see instructions.) . .
11 Subtract line 10 from line 9. If zero or less, enter -012 Figure your tax on the amount on line 11 (see instructions)
13 Self-employment tax from line 34 (complete Part II below)
14 Enter other taxes for each payment period (see instructions) .
15 Total tax. Add lines 12, 13, and 14 . . . . . .
16 For each period, enter the same type of credits as allowed
on Form 2210, Part I, lines 1 and 3 (see instructions) . .
17 Subtract line 16 from line 15. If zero or less, enter -0- .
18 Applicable percentage . . . . . . . . . .
19 Multiply line 17 by line 18 . . . . . . . . .
Complete lines 20–25 of one column before
going to line 20 of the next column.
20 Enter the total of the amounts in all previous columns of line 25
21 Subtract line 20 from line 19. If zero or less, enter -0- .
22 Enter 25% (.25) of line 9 on page 1 of Form 2210 in each column
23 Subtract line 25 of the previous column from line 24
of that column . . . . . . . . . . . . .
24 Add lines 22 and 23 . . . . . . . . . . .
25 Enter the smaller of line 21 or line 24 here and on
Form 2210, Part IV, line 18 . . . . . . . . ▶
Part II
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
Annualized Self-Employment Tax (Form 1040 and Form 1040NR filers only)
26 Net earnings from self-employment for the period
(see instructions) . . . . . . . . . . . . 26
27 Prorated social security tax limit . . . . . . . 27
28 Enter actual wages for the period subject to social
security tax or the 6.2% portion of the 7.65%
railroad retirement (tier 1) tax. Exception: If you filed
Form 4137 or Form 8919, see instructions
. . .
29 Subtract line 28 from line 27. If zero or less, enter -0- .
30 Annualization amounts . . . . . . . . . .
31 Multiply line 30 by the smaller of line 26 or line 29 .
32 Annualization amounts . . . . . . . . . .
33 Multiply line 26 by line 32 . . . . . . . . .
34 Add lines 31 and 33. Enter here and on line 13 above . ▶
28
29
30
31
32
33
34
$26,700
$44,500
$71,200
$106,800
0.496
0.2976
0.186
0.124
0.116
0.0696
0.0435
0.029
Form 2210 (2010)