OMB No. 1545-0140 Underpayment of

Estimated Tax by Individuals and Fiduciaries Form 2210

© See separate instructions. Department of the Treasury

Internal Revenue Service

Attachment

© Attach to Form 1040, Form 1040A, Form 1040NR, or Form 1041. Sequence No. 06

Name(s) shown on tax return Identifying number

All Filers Must Complete This Part

Enter your 1992 tax after credits (see instructions) 2

Other taxes (see instructions) 

2

3

Add lines 2 and 3 

3

4

Earned income credit 

4

5 5

Credit for Federal tax paid on fuels 6

Add lines 5 and 6 

6

7

Current year tax. Subtract line 7 from line 4 

7

8

Multiply line 8 by 90% (.90)

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

Prior year (1991) tax. (Caution: See instructions.) 

11

12

Enter the smaller of line 9 or line 12 (see instructions) 

12

13 13

For Paperwork Reduction Act Notice, see page 1 of separate instructions. Form 2210 (1992)

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

2210 only if one or more boxes in Part I apply to you. If you do not need to file Form 2210, you still may use it to figure your penalty.

Enter the amount from line 20 or line 36 on the penalty line of your return, but do not attach Form 2210.

Reasons For Filing—If 1a, b, c, or d below applies to you, you may be able to lower or eliminate your

penalty. But you MUST check the boxes that apply and file Form 2210 with your tax return. If 1e or f below

applies to you, check that box and file Form 2210 with your tax return.

1 Check whichever boxes apply (if none apply, see the Note above):

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

of Penalty.)

b You use the annualized income installment method. (If your income varied during the year, this method may reduce the

amount of one or more required installments. See Instructions for Schedule B.)

c You had Federal income tax withheld from wages and you treat it as paid for estimated tax purposes when it was actually

withheld instead of in equal amounts on the payment due dates. (See the instructions for line 22.)

d (1)

Cat. No. 11744P

Part I

Part II

Short Method (Caution: Read the instructions to see if you can use the short method. If you checked

box 1b, c, or d in Part I, skip this part and go to Part IV. )

Enter the amount, if any, from line 10 above 14

Enter the total amount, if any, of estimated tax payments you made 

14

15

Add lines 14 and 15 

15

Total underpayment for year. Subtract line 16 from line 13. (If zero or less, stop here; you do

not owe the penalty. Do not file Form 2210 unless you checked box 1e or f above.) 

16 16

17

Multiply line 17 by .04846

17

● If the amount on line 17 was paid on or after 4/15/93, enter -0-.

18

● If the amount on line 17 was paid before 4/15/93, make the following computation to find the

amount to enter on line 19. Number of days paid

before 4/15/93

Amount on

line 17 3 3

18

.00019

19

PENALTY. Subtract line 19 from line 18. Enter the result here and on Form 1040, line 65; Form

1040A, line 33; Form 1040NR, line 65; or Form 1041, line 26 ©

19

20

20

Part III

f One or more of your required installments (line 21) are based on your 1991 tax and you filed or are filing a joint return for

either 1991 or 1992 but not for both years.

(2)

(4)

See Instructions for Schedule A for more information.

Conditions (1), (2), and (4) (but not condition (3)) in box 1d apply to you, and your 1992 AGI exceeds your 1991 AGI by

more than $40,000 (more than $20,000 if married filing separately). If you check this box, you must also attach a computation

of your 1992 modified AGI.

e

(3)

Your 2nd, 3rd, or 4th required installment (column (b), (c), or (d) of line 21) is based on either your 1991 tax or 90%

of your 1992 modified tax.

You made estimated tax payments for 1989, 1990, or 1991 (or were charged an estimated tax penalty for any of those years), AND

Your adjusted gross income (AGI) is more than $75,000 (more than $37,500 if married filing separately), AND

Your 1992 modified AGI exceeds your 1991 AGI by more than $40,000 (more than $20,000 if married filing separately), AND
Form 2210 (1992) Page 2

Regular Method (See the instructions if you are filing Form 1040NR.)

Payment Due Dates

Section A—Figure Your Underpayment (d)

1/15/93

(c)

9/15/92

(b)

6/15/92

(a)

4/15/92

Required installments. If box 1b applies, enter the

amounts from Schedule B, line 26. If box 1d applies

(but not box 1b), enter the amounts from Schedule

A, line 5, 8, or 19, whichever applies. If neither box

1b nor box 1d applies, enter 1⁄4 of line 13 in each

column

Complete lines 23 through 29 of one column

before going to the next column.

21

Estimated tax paid and tax withheld (see instructions).

For column (a) only, also enter the amount from line

22 on line 26. (If line 22 is equal to or more than line

21 for all payment periods, stop here; you do not owe

the penalty. Do not file Form 2210 unless you

checked a box in Part I.) 

21

22

Enter amount, if any, from line 29 of previous column

22

23

Add lines 22 and 23 

23

Add amounts on lines 27 and 28 of the previous

column

24 24

25

Subtract line 25 from line 24. If zero or less, enter -0-.

For column (a) only, enter the amount from line 22 

25

If the amount on line 26 is zero, subtract line 24 from

line 25. Otherwise, enter -0- 

26

26

Underpayment. If line 21 is equal to or more than

line 26, subtract line 26 from line 21. Then go to line

23 of next column. Otherwise, go to line 29 ©

27

27

Overpayment. If line 26 is more than line 21, subtract

line 21 from line 26. Then go to line 23 of next column

28

28

Section B—Figure the Penalty (Complete lines 30 through 35 of one column before going to the next column.)

4/15/92 6/15/92 9/15/92

Days: Days: Days: Number of days FROM the date shown above

line 30 TO the date the amount on line 28 was paid

or 9/30/92, whichever is earlier 

29

29

Number of

days on line 30

30

Underpayment

on line 28

(see instructions) .08

366 $ $ $

30

PENALTY. Add all amounts on lines 31, 33, and 35 in all columns. Enter the total here and on

Form 1040, line 65; Form 1040A, line 33; Form 1040NR, line 65; or Form 1041, line 26 ©

31

36 $

31

36

Part IV

April 16, 1992—September 30, 1992

12/31/92 12/31/92 12/31/92 1/15/93

Days: Days: Days: Days: Number of days FROM the date shown above

line 34 TO the date the amount on line 28 was paid

or 4/15/93, whichever is earlier 

34

$ $ $ $

34

35

35

January 1, 1993—April 15, 1993

3

Rate Period 1 Rate Period 3

3 ©

Number of

days on line 34 Underpayment

on line 28

(see instructions) .07

365

3 3 ©

9/30/92 9/30/92 9/30/92

Days: Days: Days: Number of days FROM the date shown above

line 32 TO the date the amount on line 28 was paid

or 12/31/92, whichever is earlier 

Number of

days on line 32

32

Underpayment

on line 28

(see instructions) .07

366 $ $ $

32

33

33

October 1, 1992—December 31, 1992

3

Rate Period 2

3 ©
1

1

2

2

3 3

4

4

5

5

6 6

7 7

8

8

9

9

10

10

11 11

12 12

13 13

14 14

15 15

16

16

17 17

18

18

19

19

Part I

Part II

Form 2210 (1992) Page 3

Schedule A—Required Installments for Taxpayers Affected by Limitation on Prior Year’s Tax (see instructions)

Installments Based on Limitation on Prior Year’s Tax

(a)

1st

installment

(b)

2nd

installment

(c)

3rd

installment

(d)

4th

installment

Divide line 12, Form 2210 by four (4) and enter the result in each

column

In each column, enter 22.5% of your 1992 modified tax (see

instructions)

Enter the larger of line 1 or line 2

Divide line 9, Form 2210 by four (4) and enter the result in each

column

Enter the smaller of line 3 or line 4. If both line 2 and line 4 are larger

than line 1, go to line 6. Otherwise, skip lines 6-19 and enter these

amounts on line 21, Form 2210 (or on line 22 of Schedule B, if

applicable)

Complete line 7 in column (a) before going to line 6 in column (b).

Enter the amount from column (a), line 7

Subtract line 1 from line 5

In column (a), enter the amount from line 1. In column (b), add lines

5 and 6. In columns (c) and (d), enter the amount from line 5. If you

are using Part II below, go to line 9. Otherwise, skip Part II and enter

these amounts on line 21, Form 2210 (or on line 22 of Schedule B,

if applicable)

Installments Based on Annualization Exception (see instructions)

(Estates and trusts, do not use the period ending dates shown to the

right. Instead, use the following: 2/29/92, 4/30/92, 7/31/92, and 11/30/92.)

(a)

1/1/92 - 3/31/92

(b)

1/1/92 - 5/31/92

(c)

1/1/92 - 8/31/92

(d)

1/1/92 - 12/31/92

Enter your modified AGI for each period shown above line 9 (see

instructions)

Annualization amounts. (Estates and trusts, do not use the amounts

shown to right. Instead, use 3, 1.71429, and 1.09091) 2.4 1.5 1

Annualized modified AGI. Multiply line 9 by line 10

Enter your 1991 AGI as shown on your return in each column

Subtract line 12 from line 11. If less than zero, enter -0-

Enter your AGI for each period shown above line 9 (see instructions)

Annualized AGI. Multiply line 14 by line 10

In column (a), enter the amount from line 1. In columns (b)-(d), enter

the amount from line 5 if:

● Line 13 is more than $40,000 (more than $20,000 if married filing

separately), and

● Line 15 is more than $75,000 (more than $37,500 if married filing

separately).

Otherwise, enter the amount from line 1

Subtract line 16 from line 5

Complete lines 18 and 19 in one column before going to the next column.

If you entered -0- on line 17, add the amounts on line 17 of all

preceding columns. From the result, subtract the total of the

amounts on line 18 of all preceding columns and enter the result.

Otherwise, enter -0-

Add lines 16 and 18. Enter here and on line 21, Form 2210 (or on

line 22 of Schedule B, if applicable)
Schedule B—Annualized Income Installment Method (see instructions)

(d)

1/1/92 - 12/31/92

(c)

1/1/92 - 8/31/92

(b)

1/1/92 - 5/31/92

(a)

1/1/92 - 3/31/92

(Estates and trusts, do not use the period ending dates shown to the right.

Instead, use the following: 2/29/92, 4/30/92, 7/31/92, and 11/30/92.)

Enter your adjusted gross income for each period (see instructions).

(Estates and trusts, enter your taxable income without your exemption for each period.)

1

1

2 Annualization amounts. (Estates and trusts, see instructions.) 2 4 2.4 1.5 1

3 Annualized income. Multiply line 1 by line 2 3

4 Enter your itemized deductions for the period shown in each column.

If you do not itemize, enter -0- and skip to line 7. (Estates and trusts,

enter -0-, skip to line 9, and enter the amount from line 3 on line 9.) 4

5 Annualization amounts 5 4 1 2.4 1.5

6 Multiply line 4 by line 5 (see instructions if line 3 is more than $52,625) 6

7

In each column, enter the full amount of your standard deduction from

Form 1040, line 34; or Form 1040A, line 19 (Form 1040NR filers, enter -0-)

7

8 Enter line 6 or line 7, whichever is larger 8

9 Subtract line 8 from line 3 9

In each column, multiply $2,300 by the total number of exemptions claimed

(see instructions if line 3 is more than $78,950). (Estates and trusts and

Form 1040NR filers, enter the exemption amount shown on your tax return.)

10

10

11 Subtract line 10 from line 9 11

12 Figure your tax on the amount on line 11 (see instructions) 12

13 Form 1040 filers only, enter your self-employment tax from line 40 below

14 Enter other taxes for each payment period (see instructions) 14

15 Total tax. Add lines 12, 13, and 14 15

16 For each period, enter the same type of credits as allowed on Form

2210, lines 2, 5, and 6 (see instructions) 16

17 Subtract line 16 from line 15. If zero or less, enter -0- 17

18 Applicable percentage 18 22.5% 45% 67.5% 90%

19 Multiply line 17 by line 18 19

20 Add the amounts in all preceding columns of line 26 20

21 Subtract line 20 from line 19. If zero or less, enter -0- 21

22

If box 1d applies, enter the amounts from Schedule A, line 5, 8, or 19,

whichever applies. Otherwise, enter 1⁄4 of line 13, Form 2210 in each column

22

23 Enter amount from line 25 of the preceding column of this schedule 23

24 Add lines 22 and 23 and enter the total 24

25 Subtract line 21 from line 24. If zero or less, enter -0- 25

26 Enter the smaller of line 21 or line 24 here and on Form 2210, line 21 © 26

Annualized Self-Employment Tax

Net earnings from self-employment for the period. (Be sure you take

the 7.65% deduction into account when figuring this amount.) 

27a

b Annualization amounts 4 2.4 1.5 1

c Multiply line 27a by line 27b 

28 Social security tax limit $55,500 $55,500 $55,500 $55,500

Enter actual wages subject to social security tax or the 6.2% portion

of the 7.65% railroad retirement (tier 1) tax 

29

30 Annualization amounts 4 2.4 1.5 1

31 Multiply line 29 by line 30

32 Subtract line 31 from line 28. If zero or less, enter -0-

33

34

35

36

37

38

39

40

Multiply the smaller of line 27c or line 32 by .124

Medicare tax limit 

Enter actual wages subject to Medicare tax or the 1.45% portion of

the 7.65% railroad retirement (tier 1) tax 

Annualization amounts 

Multiply line 35 by line 36 

Subtract line 37 from line 34. If zero or less, enter -0-

Multiply the smaller of line 27c or line 38 by .029

Add lines 33 and 39. Enter the result here and on line 13 above ©

4 2.4 1.5 1

$130,200 $130,200 $130,200 $130,200

Annualized Income Installments Caution: Complete lines 20–26 of one column before going to the next column.

27a

27b

27c

28

29

30

31

32

33

34

35

36

37

38

39

40

Part I

Part II

Form 2210 (1992) Page 4

13