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Pub. 505, Tax Withholding and Estimated Tax 2004 Tax Year

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 (2003) Page 2. Summary: This is an example of page 2 of Form 2210 (2003) as pertains to Example 4.5 in the text. The completed line items are:Under Part III Short Method

  1. 10. Enter the amount from line 9, Form 2210”field contains 9,900

  2. 11. Enter the amount, if any, from line 6, Form 2210”field contains 1,600

  3. 12. Enter the total amount of estimated tax payments you made”field contains 6,800

  4. 13. Add lines 11 and 12”field contains 8,400

  5. 14. Total underpayment for year. Subtract line 13 from line 10. If zero or less, stop here; you do not owe the penalty. Do not file Form 2210 unless you checked box E on page 1.”field contains 1,500

  6. 15. Multiply line 14 by .02867”field contains 43

  7. 16. • If the amount on line 14 was paid on or after 4/15/04, enter —0– • If the amount on line 14 was paid before 4/15/04, make the following computation to find the amount to enter on line 16. Amount on line 14 × Number of days paid before 4/15/04 × .00011”field contains5

  8. 17.Penalty. Subtract line 16 from line 15. Enter theresult here and on Form 1040, line 7; Form 1040A, line 48; Form 1040NR, line 72; Form 1040NR-EZ, line 26; or Form 1041, line 26, but do not file , Form 2210 unlessyou checked a box in Part II on page 1.”field contains 38

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