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 2006 tax after credits from Form 1040, line 57; Form 1040NR, line 52; or Form 1041,

Schedule G, line 4

1

2

Other taxes (see instructions)

2

3

Add lines 2 and 3. If less than $1,000, you do not owe a penalty; do not file Form 2210-F

3

4

Earned income credit

4

5

Credit for federal tax paid on fuels

5

7

Add lines 5, 6, 7, and 8

Current year tax. Subtract line 9 from line 4. If less than $1,000, you do not owe a penalty; do

not file Form 2210-F

7

9

Multiply line 10 by 662⁄3% (.667)

8

Withholding taxes. Do not include any estimated tax payments on this line (see instructions)

9

11

Subtract line 12 from line 10. If less than $1,000, you do not owe a penalty; do not file Form

2210-F

10

12

13

Enter the tax shown on your 2005 tax return. Caution: See instructions

11

Required annual payment. Enter the smaller of line 11 or line 14

12

15

Enter the estimated tax payments you made by January 16, 2007, and any federal income tax

and excess social security or tier 1 railroad retirement tax withheld during 2006

13

Underpayment. Subtract line 16 from line 15. 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

16

Figure the Penalty

/ / 07

17

Enter the date the amount on line 17 was paid or April 15, 2007, whichever is earlier

15

18

Number of days from January 15, 2007, to the date on line 18

16

Number of days on line 19

19

Penalty. .08

17

365

● Form 1040 filers, enter the amount from line 20 on Form 1040, line 77.

● Form 1041 filers, enter the amount from line 20 on Form 1041, line 26.

Form 2210-F (2006)

Note: If line 12 is equal to or more than line 15, 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

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 can use it to figure your penalty. Enter the amount from line 20 on the penalty line of your

return but do not attach Form 2210-F.

Reasons for Filing—If box 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 box 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 text above Part I and do not file Form 2210-F):

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 15 below) is based on your 2005 tax and you filed, or are filing, a joint return for either

2005 or 2006 but not for both years.

● Form 1040NR filers, enter the amount from line 20 on Form 1040NR, line 75.

a

b

14

20

19

× ×

Cat. No. 11745A

Underpayment

on line 17



For Paperwork Reduction Act Notice, see page 3.

6 Additional child tax credit 6

20

Health coverage tax credit

18

8

10

2006
Form 2210-F (2006) Page 2

You may owe the penalty for 2006 if you

did not pay at least the smaller of (a)

two-thirds of the tax shown on your 2006

return, or (b) 100% of the tax shown on

your 2005 return.

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.

Exceptions to the Penalty

You will not have to pay the penalty or

file this form if any of the following

applies.

For a definition of gross income from

farming and fishing and more details,

see Pub. 505, Tax Withholding and

Estimated Tax.

The IRS Will Figure the

Penalty for You

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, 2007, we will not

charge you interest on the penalty if you

pay by the date specified on the bill.

If you are an individual or a fiduciary for

an estate or trust and at least two-thirds

of your 2005 or 2006 gross income is

from farming or fishing, use Form

2210-F to see if you owe a penalty for

underpaying your estimated tax.

Purpose of Form

Return. In these instructions, “return”

refers to your original income tax return.

However, an amended return is

considered the original return if it is filed

by the due date (including extensions) of

the original return. Also, a joint return that

replaces previously filed separate returns

is considered the original return.

Who Must Pay the

Underpayment Penalty

General Instructions

Section references are to the Internal

Revenue Code.

● You file your return and pay the tax

due by March 1, 2007.

● You had no tax liability for 2005, you

were a U.S. citizen or resident alien for

all of 2005, and your 2005 return was (or

would have been had you been required

to file) for a full 12 months.

● The total tax shown on your 2006

return minus the amount of tax you paid

through withholding is less than $1,000.

To determine whether the total tax is

less than $1,000, complete lines 2

through 13.

CAUTION

Waiver of Penalty

If you have an underpayment on line 17,

all or part of the penalty for that

underpayment will be waived if the IRS

determines that:

● In 2005 or 2006, you retired after

reaching age 62 or became disabled, and

your underpayment was due to

reasonable cause.

● The underpayment was due to a

casualty, disaster, or other unusual

circumstance, and it would be inequitable

to impose the penalty, or

Specific Instructions

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

Exception. If you and your spouse file a

joint return after the due date to replace

previously filed separate returns, use the

amounts shown on the joint return to

figure your underpayment.

The IRS will review the information you

provide and will decide whether to grant

your request for a waiver.

● 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.

● 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.

To request either of the above waivers,

do the following:

● Check the box on line 1a.

● Complete Form 2210-F up to line 20

without regard to the waiver. Enter the

amount you want waived in parentheses

on the dotted line to the left of line 20.

Subtract this amount from the total

penalty you figured without regard to the

waiver, and enter the result on line 20.

● Attach Form 2210-F and a statement

to your return explaining the reasons you

were unable to meet the estimated tax

requirements.

Line 3

Enter the total of the following amounts

on line 3.

● Self-employment tax.

● Tax from recapture of investment

credit, low-income housing credit,

qualified electric vehicle credit, Indian

employment credit, new markets credit,

or credit for employer-provided childcare

facilities.

● Tax on early distributions from (a) an

IRA or other qualified retirement plan, (b)

an annuity, or (c) a modified endowment

contract entered into after June 20, 1988.

● An increase or decrease in tax as a

shareholder in a qualified electing fund.

● Interest due under sections 453(l)(3)

and 453A(c) on certain installment sales

of property.

Line 14

Figure your 2005 tax by using the taxes

and credits shown on your 2005 tax

return. Use the same taxes and credits

shown on lines 2, 3, 5, 6, 7, and 8 of this

form.

● Section 72(m)(5) penalty tax.

Enter the taxes withheld shown on Form

1040, lines 64 and 67; Form 1040NR,

lines 59, 61, 66, 67, and 68. For an estate

or trust, enter the amount from Form

1041, line 24e.

● Advance earned income credit

payments.

● Tax on accumulation distribution of

trusts.

● Tax on distributions from a Coverdell

education savings account or a qualified

tuition program not used for qualified

education expenses.

● Tax on electing small business trusts

included on Form 1041, Schedule G, line 7.

● Tax on Archer MSA or health savings

account distributions not used for

qualified medical expenses.

● Household employment taxes, before

subtracting any advance EIC payments

made to your employees. Do not include

this amount if you will enter -0- on Form

2210-F, line 12, and the amount on line

10 (excluding household employment

taxes) would be less than $1,000.

● Tax on income not effectively

connected with a U.S. trade or business

from Form 1040NR, lines 53 and 56.

Line 12

At the time these instructions

went to print, the IRS was

considering waiving all or part

of the estimated tax penalty

to the extent the underpayment of any

installment is attributable to changes

made by the new law. To find out if a

waiver is available, and for more details,

go to www.irs.gov, click on More Forms

and Publications, and then on What’s

Hot in forms and publications.

What’s New

If you claimed the foreign earned income

exclusion or housing exclusion on Form

2555 or Form 2555-EZ, the Tax Increase

Prevention and Reconciliation Act of

2005 made changes to the tax law that

may affect your 2006 tax liability.

CAUTION

your original return, use the amounts

shown on the original return.
Form 2210-F (2006) Page 3

If you did not file a return for 2005 or if

your 2005 tax year was less than 12

months, do not complete line 14. Instead,

enter the amount from line 11 on line 15.

However, see Exceptions to the Penalty

on page 2. 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.

See 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

burden for individual taxpayers filing this

form is approved under OMB control

number 1545-0074 and is included in the

estimates shown in the instructions for

their individual income tax return. The

estimated burden for all other taxpayers

who file this form is shown below.

Recordkeeping, 39 min.; Learning

about the law or the form, 9 min.;

Preparing the form, 35 min.; Copying,

assembling, and sending the form to

the IRS, 20 min.

You are not required to provide the

information requested on a form that is

subject to the Paperwork Reduction Act

unless the form displays a valid OMB

control number. Books or records

relating to a form or its instructions must

be retained as long as their contents may

become material in the administration of

any Internal Revenue law. Generally, tax

returns and return information are

confidential, as required by section 6103.

Paperwork Reduction Act Notice. 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.

Line 16

If you are a household employer and

made advance EIC payments, include

those payments as estimated tax

payments as of the date you paid the

wages to your employee(s).

Printed on Recycled Paper

If you are filing a joint return for 2006

but you did not file a joint return for 2005,

add the tax shown on your 2005 return to

the tax shown on your spouse’s 2005

return and enter the total on line 14

(figured as explained above).

If you filed a joint return for 2005 but

you are not filing a joint return for 2006,

see Pub. 505 to figure your share of the

2005 tax to enter on line 14.