2210-F

OMB No. 1545-0140

Underpayment of Estimated Tax by
Form

Department of the Treasury

©
Farmers and Fishermen
Attach to Form 1040, Form 1040NR, or Form 1041. Attachment
96
Internal Revenue Service © See instructions on back. Sequence No. 06A
Name(s) shown on tax return Identifying number

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.
Part I 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.
1 Check whichever boxes apply (if neither applies, see the Note above Part I):
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 Your required annual payment (line 13 below) is based on your 1995 tax and you filed or are filing a joint return for either
1995 or 1996 but not for both years.

Part II Figure Your Underpayment

2 Enter your 1996 tax after credits from Form 1040, line 44; Form 1040NR, line 42; or Form 1041,
Schedule G, line 4 2

3 Other taxes. See instructions 3

4 Add lines 2 and 3 4

5 Earned income credit 5

6 Credit for Federal tax paid on fuels 6

7 Add lines 5 and 6 7

8 Current year tax. Subtract line 7 from line 4 8

9 Multiply line 8 by 662⁄3% 9

10 Withholding taxes. Do not include any estimated tax payments on this line. See instructions 10
11 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 11

12 Enter the tax shown on your 1995 tax return. Caution: See instructions 12

13 Required annual payment. Enter the smaller of line 9 or line 12 13

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.
14 Amounts withheld during 1996 and amounts paid or credited by January 15, 1997 14
15 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 15
Part III Figure the Penalty

16 Enter the date the amount on line 15 was paid or April 15, 1997, whichever is earlier 16 / / 97

17 Number of days FROM January 15, 1997, TO the date on line 16 17

Underpayment × Number of days on line 17 × © 18

18 Penalty. .09
on line 15 365
● Form 1040 filers, enter the amount from line 18 on Form 1040, line 63.
● Form 1040NR filers, enter the amount from line 18 on Form 1040NR, line 63.
● Form 1041 filers, enter the amount from line 18 on Form 1041, line 26.
Cat. No. 11745A Form 2210-F (1996)
Form 2210-F (1996) Page 2
Section references are to the Internal 662⁄3% of the tax shown on your 1996 tax Specific Instructions
Revenue Code. return or (b) the tax shown on your 1995
tax return. If you file an amended return by the due
Paperwork Reduction Act Notice date of your original return, use the
Note: In these instructions, “return” refers
We ask for the information on this form to amounts shown on your amended return to
to your original return. However, an
carry out the Internal Revenue laws of the figure your underpayment. If you file an
amended return is considered the original
United States. You are required to give us amended return after the due date of your
return if it is filed by the due date
the information. We need it to ensure that original return, use the amounts shown on
(including extensions) of the original return.
you are complying with these laws and to the original return.
Also, a joint return that replaces previously
allow us to figure and collect the right filed separate returns is considered the Exception. If you and your spouse file a
amount of tax. original return. joint return after the due date to replace
You are not required to provide the previously filed separate returns, use the
information requested on a form that is Exceptions to the Penalty amounts shown on the joint return to figure
subject to the Paperwork Reduction Act your underpayment.
You will not have to pay the penalty or file
unless the form displays a valid OMB this form if any of the following applies:
control number. Books or records relating Line 3
1. You file your return and pay the tax
to a form or its instructions must be Enter the total of the following amounts on
due by March 3, 1997.
retained as long as their contents may line 3:
become material in the administration of 2. You had no tax liability for 1995, you
● Self-employment tax,
any Internal Revenue law. Generally, tax were a U.S. citizen or resident for all of
returns and return information are 1995, and your 1995 tax return was, or ● Alternative minimum tax,
confidential, as required by section 6103. would have been had you been required to ● Tax from recapture of investment,
file, for a full 12 months. low-income housing, qualified electric
The time needed to complete and file vehicle, or Indian employment credits,
this form will vary depending on individual 3. The total tax shown on your 1996
circumstances. The estimated average time return minus the amount of tax you paid ● Tax on early distributions from (a) a
is: Recordkeeping, 33 min.; Learning through withholding is less than $500. To qualified retirement plan (including your
about the law or the form, 7 min.; determine whether the total tax is less than IRA), (b) an annuity, or (c) a modified
Preparing the form, 20 min.; Copying, $500, complete lines 2 through 11. endowment contract entered into after
assembling, and sending the form to the June 20, 1988,
IRS, 20 min. Waiver of Penalty ● Section 72(m)(5) penalty tax,
If you have comments concerning the If you have an underpayment on line 15, all ● Tax on golden parachute payments,
accuracy of these time estimates or or part of the penalty for that
underpayment will be waived if the IRS ● Advance EIC payments,
suggestions for making this form simpler,
we would be happy to hear from you. See determines that: ● Tax on accumulation distribution of
the instructions for the tax return with 1. The underpayment was due to a trusts.
which this form is filed. casualty, disaster, or other unusual ● Interest due under sections 453(l)(3) and
circumstance, and it would be inequitable 453A(c) on certain installment sales of
General Instructions to impose the penalty, or property, and
2. In 1995 or 1996, you retired after age ● An increase or decrease in tax as a
Purpose of Form 62 or became disabled, and your shareholder in a qualified electing fund.
If you are an individual or a fiduciary for an underpayment was due to reasonable
estate or trust and at least two-thirds of cause. Line 10
your 1995 or 1996 gross income is from To request either of the above waivers, Enter the taxes withheld from Form 1040,
farming or fishing, use Form 2210-F to see do the following: lines 52 and 56; Form 1040NR, lines 50,
if you owe a penalty for underpaying your a. Check the box on line 1a. 53, 56, and 57; or Form 1041, line 24e.
estimated tax.
b. Complete Form 2210-F up to line 18 Line 12
For a definition of gross income from without regard to the waiver. Write the
farming and fishing and more details, see amount you want waived in parentheses Figure your 1995 tax by using the taxes
Pub. 505, Tax Withholding and Estimated on the dotted line to the left of line 18. and credits from your 1995 tax return. Use
Tax. Subtract this amount from the total penalty the same taxes and credits as shown on
you figured without regard to the waiver, lines 2, 3, 5, and 6 of this form.
The IRS Will Figure the and enter the result on line 18. If you are filing a joint return for 1996,
Penalty for You c. Attach Form 2210-F and a statement but you did not file a joint return for 1995,
In most cases, the IRS will figure the to your return explaining the reasons you add the tax shown on your 1995 return to
penalty for you. Complete your return as were unable to meet the estimated tax the tax shown on your spouse’s 1995
usual, leave the penalty line on your return requirements. return and enter the total on line 12
blank, and do not attach Form 2210-F. If (figured as explained above). If you filed a
d. If you are requesting a penalty waiver
you owe the penalty, we will send you a joint return for 1995 but you are not filing a
due to a casualty, disaster, or other
bill. And as long as you file your return by joint return for 1996, see Pub. 505 to figure
unusual circumstance, attach
April 15, 1997, we will not charge you your share of the 1995 tax to enter on line
documentation such as police and
interest on the penalty if you pay by the 12.
insurance company reports.
date specified on the bill. If you did not file a return for 1995 or if
e. If you are requesting a penalty waiver
Note: If you checked either of the boxes in your 1995 tax year was less than 12
due to retirement or disability, attach
Part I of the form, you must figure the months, do not complete line 12. Instead,
documentation that shows your retirement
penalty yourself and attach the completed enter the amount from line 9 on line 13.
date (and your age on that date) or the
form to your return. However, see Exceptions to the Penalty
date you became disabled.
on this page.
The IRS will review the information you
Who Must Pay the provide and will decide whether to grant Line 14
Underpayment Penalty your request for a waiver.
Enter the estimated tax payments you
You may owe the penalty for 1996 if you made plus any Federal income tax
did not pay at least the smaller of (a) withheld and excess social security or
railroad retirement tax paid.