Publication 505 |
2008 Tax Year |
Figure 4-A, Form 2210—Illustrated (Ivy Fields) (Continued). Summary: This is an example of page 2 of Form 2210 (2007) for Figure 4-A (Continued). The completed line items are:Under Part
III Short Method
-
“10. Enter the amount from Form 2210, line 9” field contains 9,900
-
“11. Enter the amount, if any, from Form 2210, line 6” field contains 1,600
-
“12. Enter the total amount, if any, of estimated tax payments you made” field contains 6,800
-
“13. Add lines 11 and 12” field contains 8,400
-
“14. Total underpayment for year. Subtract line 13 from line 10. If zero or less, stop here; you do not owe the penalty. Do
not file Form 2210
unless you checked box E on page 1.” field contains 1,500
-
“15. Multiply line 14 by .05057” field contains 76
-
“16. If the amount on line 14 was paid on or after 4/15/08, enter 0. If the amount on line 14 was paid before 4/15/08, make
the following
computation to find the amount to enter on line 16. Amount on line 14 multiplied by Number of days paid before 4/15/08 multiplied
by .00019”
field contains 9
-
“17. Penalty. Subtract line 16 from line 15. Enter the result here and on Form 1040, line 77; Form 1040A, line 47; Form 1040NR,
line 75; Form
1040NR-EZ, line 26; or Form 1041, line 26” field contains 67
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