Publication 505: Tax Withholding and Estimated Tax;

This is archived information that pertains only to the 2004 Tax Year. If you
are looking for information for the current tax year, go to the Tax Prep Help Area.

Form 2210 Underpayment of Estimated Tax by Individuals, Estates, and Trusts 2003. Summary: This is an example of page 1 of Form 2210 (2003) as pertains to Example 4.6 in the text. The completed line items are:

Under “Part I: Required Annual Payment”:

“1. Enter your 2003 tax after credits from Form 1040, line 54 (or comparable line of your return)” field contains 4,685

“2. Other taxes, including self-employment tax (see page 2 of the instructions)”field contains 2,346

“4. Current year tax. Combine lines 1, 2 and 3” field contains 7,031

“5. Multiply line 4 by 90% (.90)” field contains 6,328

“6. Withholding taxes. Do not include any estimated tax payments. See page 2 of the instructions.” field contains 3,228

“7. Subtract line 6 from line 4. If less than $1,000, you do not owe a penalty. Do not file Form 2210” field contains 3,803

“8. Maximum required annual payment based on prior year's tax (see page 2 of the instructions).” field contains 6,116

“9. Required annual payment. Enter the smaller of line 5 or line 8” field contains 6,116