OMB No. 1545-0140 Underpayment of Estimated Tax by

Farmers and Fishermen Form 2210-F

Department of the Treasury

Internal Revenue Service

© Attach to Form 1040, Form 1040NR, or Form 1041. Attachment

© See instructions on back. Sequence No. 06A

Name(s) shown on tax return Identifying number

Figure Your Underpayment

Enter your 1994 tax after credits from Form 1040, line 46; Form 1040NR, line 44; or Form 1041,

Schedule G, line 4

1

2

Other taxes. See instructions

2

3

Add lines 2 and 3

3

4

Earned income credit

4

5

Credit for Federal tax paid on fuels

5

6

Add lines 5 and 6

6

7

Current year tax. Subtract line 7 from line 4

7

8

Multiply line 8 by 662⁄3%

8

Withholding taxes. Do not include any estimated tax payments on this line. See instructions

9 9

Subtract line 10 from line 8. If less than $500, stop here; do not complete or file this form. You

do not owe the penalty

10 10

11

Enter the tax shown on your 1993 tax return. Caution: See instructions

11

Required annual payment. Enter the smaller of line 9 or line 12.

12

13

Amounts withheld during 1994 and amounts paid or credited by January 17, 1995

13

Underpayment. Subtract line 14 from line 13. If the result is zero or less, stop here; you do not

owe the penalty. Do not file Form 2210-F unless you checked box 1b above

14 14

Figure the Penalty

/ / 95

15

Enter the date the amount on line 15 was paid or April 15, 1995, whichever is earlier

15

16

Number of days FROM January 15, 1995, TO the date on line 16

16

Number of days on line 17

17

Penalty. .09

17

365 ● Form 1040 filers, enter the amount from line 18 on Form 1040, line 65.

● Form 1041 filers, enter the amount from line 18 on Form 1041, line 26.

Form 2210-F (1994)

Note: If line 10 is equal to or more than line 13, stop here; you do not owe the penalty. Do not

file Form 2210-F unless you checked box 1b above.

Part III

Part I

Part II

Note: In most cases, you do not need to file Form 2210-F. The IRS will figure any penalty you owe and send you a bill. File Form

2210-F only if one or both of the boxes in Part I apply to you. If you do not need to file Form 2210-F, you still may use it to

figure your penalty. Enter the amount from line 18 on the penalty line of your return, but do not attach Form 2210-F.

Reasons For Filing—If 1a below applies to you, you may be able to lower or eliminate your penalty. But

you MUST check that box and file Form 2210-F with your tax return. If 1b below applies to you, check

that box and file Form 2210-F with your tax return.

Check whichever boxes apply (if neither applies, see the Note above Part I):

You request a waiver. In certain circumstances, the IRS will waive all or part of the penalty. See the instructions for Waiver

of Penalty.

Your required annual payment (line 13 below) is based on your 1993 tax and you filed or are filing a joint return for either

1993 or 1994 but not for both years.

● Form 1040NR filers, enter the amount from line 18 on Form 1040NR, line 66.

a

b

12

18 × × 18

Cat. No. 11745A

Underpayment

on line 15 ©
Form 2210-F (1994) Page 2

● Excise tax on golden parachute payments,

Who Must Pay the Underpayment

Penalty

● Advance earned income credit payments,

You may be charged a penalty if, for 1994,

you did not pay at least 662⁄3% of your 1994

tax liability or 100% of your 1993 tax liability

(if you filed a 1993 return that covered a full

12 months), whichever is less.

● An increase or decrease in tax as a

shareholder in a qualified electing fund, and

Note: If you checked either of the boxes in

Part I of the form, you must figure the penalty

yourself and attach the completed form to

your return.

● Interest due under Internal Revenue Code

sections 453(l)(3) and 453A(c) on certain

installment sales of property.

Line 12

Waiver of Penalty

Figure your 1993 tax by using the taxes and

credits from your 1993 tax return. Use the

same taxes and credits as shown on lines 2,

3, 5, and 6 of this form.

If you have an underpayment on line 15, all or

part of the penalty for that underpayment will

be waived if the IRS determines that:

Exceptions to the Penalty

1. The underpayment was due to a

casualty, disaster, or other unusual

circumstance, and it would be inequitable to

impose the penalty, or

You will not have to pay the penalty or file

this form if any of the following applies:

1. You file your return and pay the tax due

by March 1, 1995.

2. In 1993 or 1994, you retired after age 62

or became disabled, and your underpayment

was due to reasonable cause.

2. You had no tax liability for 1993, you

were a U.S. citizen or resident for all of 1993,

and your 1993 tax return was, or would have

been had you been required to file, for a full

12 months.

If you are filing a joint return for 1994, but

you did not file a joint return for 1993, add

the tax shown on your 1993 return to the tax

shown on your spouse’s 1993 return and

enter the total on line 12. If you filed a joint

return for 1993 but you are not filing a joint

return for 1994, see Pub. 505 to figure your

share of the 1993 tax to enter on line 12. If

you did not file a return for 1993 or if your

1993 tax year was less than 12 months, do

not complete line 12. Instead, enter the

amount from line 9 on line 13. However, see

Exceptions to the Penalty on this page.

a. Check the box on line 1a.

3. The total tax shown on your 1994 return

minus the amount of tax you paid through

withholding is less than $500. To determine

whether the total tax is less than $500,

complete lines 2 through 11.

b. Complete Form 2210-F up to line 18

without regard to the waiver. Write the

amount you want waived in parentheses on

the dotted line to the left of line 18. Subtract

this amount from the total penalty you figured

without regard to the waiver, and enter the

result on line 18.

Additional Information

For a definition of gross income from farming

and fishing, and more information, get Pub.

505, Tax Withholding and Estimated Tax.

c. Attach Form 2210-F and a statement to

your return explaining the reasons you were

unable to meet the estimated tax

requirements.

Specific Instructions

Line 3

Enter the total of the following amounts on

line 3:

● Self-employment tax,

Line 14

● Alternative minimum tax,

IRS Will Figure the Penalty for You

Enter the estimated tax payments you made

plus any Federal income tax withheld and

excess social security or railroad retirement

tax paid.

● Tax from recapture of investment credit,

low-income housing credit, or qualified

electric vehicle credit,

In most cases, the IRS will figure the penalty

for you. Complete your return as usual, leave

the penalty line on your return blank, and do

not attach Form 2210-F. If you owe the

penalty, we will send you a bill. And as long

as you file your return by April 17, 1995, we

will not charge you interest if the bill is paid

within 10 days after the notice date.

● Tax on early distributions from a qualified

retirement plan (including your IRA), annuity,

or modified endowment contract (entered into

after June 20, 1988),

● Internal Revenue Code section 72(m)(5)

penalty tax,

If you have comments concerning the

accuracy of these time estimates or

suggestions for making this form simpler, we

would be happy to hear from you. You can

write to both the IRS and the Office of

Management and Budget at the addresses

listed in the instructions for the tax return

with which this form is filed.

The time needed to complete and file this

form will vary depending on individual

circumstances. The estimated average time

is:

Paperwork Reduction Act

Notice

Recordkeeping 33 min.

We ask for the information on this form to

carry out the Internal Revenue laws of the

United States. You are required to give us the

information. We need it to ensure that you are

complying with these laws and to allow us to

figure and collect the right amount of tax.

Learning about the law

or the form 7 min.

Preparing the form 20 min.

Copying, assembling, and

sending the form to the IRS 20 min.

If you file an amended return by the due

date of your original return, use the amounts

shown on your amended return to figure your

underpayment. If you file an amended return

after the due date of your original return, use

the amounts shown on the original return.

Line 10

Enter the taxes withheld from Form 1040,

lines 54 and 58; Form 1040NR, lines 52, 56,

59, and 60; or Form 1041, line 24e.

If you are an individual or a fiduciary for an

estate or trust and at least two-thirds of your

1993 or 1994 gross income is from farming or

fishing, use Form 2210-F to see if you must

pay a penalty for underpaying your estimated

tax.

Purpose of Form

Exception. If you and your spouse file a joint

return after the due date to replace separate

returns you originally filed by the due date,

use the amounts shown on the joint return to

figure your underpayment. This rule applies

only if both original separate returns were

filed on time.

d. If you are requesting a penalty waiver

due to a casualty, disaster, or other unusual

circumstance, attach documentation such as

police and insurance company reports.

e. If you are requesting a penalty waiver

due to retirement or disability, attach

documentation that shows your retirement

date (and your age on that date) or the date

you became disabled.

The IRS will review the information you

provide and will decide whether to grant your

request for a waiver.

To request either of the above waivers, do

the following:

General Instructions

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