Figure 4-A, Short Method—Illustrated (Ivy Fields) (Continued)

Summary: This is an example of page 2 of Form 2210 (2010) for Figure 4-A (Continued). The completed line items are:
Under Part III Short Method
  1. 10. Enter the amount from Form 2210, line 9 field contains 12,400
  2. 11. Enter the amount, if any, from Form 2210, line 6 field contains 1,600
  3. 12. Enter the total amount, if any, of estimated tax payments you made field contains 4,000
  4. 13. Add lines 11 and 12 field contains 5,600
  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 6,800
  6. 15. Multiply line 14 by .02383 field contains 162
  7. 16. If the amount on line 14 was paid on or after 4/15/11, enter 0. If the amount on line 14 was paid before 4/15/11, make the following computation to find the amount to enter on line 16. Amount on line 14 multiplied by Number of days paid before 4/15/11 multiplied by .00008 field contains 8
  8. 17. Penalty. Subtract line 16 from line 15. Enter the result here and on Form 1040, line 77; Form 1040A, line 49; Form 1040NR, line 73; Form 1040NR-EZ, line 26; or Form 1041, line 26. Do not file Form 2210 unless you checked a box in Part II field contains 154

Close Window