2015 2220 form-2025

Show details

4.2 out of 5

64 votes

Form 2220 is a document used by corporations to report the underpayment of estimated tax and calculate any penalties owed. It includes sections for determining required annual payments, installment due dates, and methods for calculating underpayments and penalties. Corporations generally do not need to file this form unless they wish to calculate their penalty, as the IRS will automatically assess any owed penalties.

Here's how it works

01. Edit your form online

Type text, add images, blackout confidential details, add comments, highlights and more.

02. Sign it in a few clicks

Draw your signature, type it, upload its image, or use your mobile device as a signature pad.

03. Share your form with others

Send it via email, link, or fax. You can also download it, export it or print it out.

The best way to modify 2015 2220 form in PDF format online

Ease of Setup

DocHub User Ratings on G2

Ease of Use

DocHub User Ratings on G2

Adjusting paperwork with our comprehensive and user-friendly PDF editor is simple. Adhere to the instructions below to fill out 2015 2220 form online quickly and easily:

Sign in to your account. Sign up with your credentials or create a free account to try the product prior to upgrading the subscription.
Import a document. Drag and drop the file from your device or add it from other services, like Google Drive, OneDrive, Dropbox, or an external link.
Edit 2015 2220 form. Easily add and underline text, insert images, checkmarks, and symbols, drop new fillable fields, and rearrange or delete pages from your document.
Get the 2015 2220 form accomplished. Download your updated document, export it to the cloud, print it from the editor, or share it with others using a Shareable link or as an email attachment.

Take advantage of DocHub, the most straightforward editor to promptly manage your documentation online!

See more 2015 2220 form versions

We've got more versions of the 2015 2220 form form. Select the right 2015 2220 form version from the list and start editing it straight away!

Versions	Form popularity	Fillable & printable
2023	4.3 Satisfied (45 Votes)
2022	4.9 Satisfied (52 Votes)
2021	4.8 Satisfied (136 Votes)
2020	4 Satisfied (34 Votes)
2019	4.3 Satisfied (64 Votes)
2018	4.3 Satisfied (95 Votes)
2017	4.3 Satisfied (159 Votes)
2016	4.4 Satisfied (693 Votes)
2015	4.2 Satisfied (64 Votes)
2014	4 Satisfied (41 Votes)
2013	4.3 Satisfied (27 Votes)
2011	4.4 Satisfied (31 Votes)

be ready to get more

Complete this form in 5 minutes or less

Get form

Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

How do you avoid the penalty for underpayment of estimated tax?

Penalty for underpayment of estimated tax Generally, most taxpayers will avoid this penalty if they owe less than $1,000 in tax after subtracting their withholdings and credits, or if they paid at least 90% of the tax for the current year, or 100% of the tax shown on the return for the prior year, whichever is smaller.

How to avoid Form 2210 penalty?

If your current year total tax minus the amount of tax you paid through withholding is less than $1,000, you are not required to pay the underpayment penalty and do not need to complete Form 2210. Different rules apply if at least two-thirds of your income is from farming or fishing.

Who must file Form 2220?

Corporations, tax-exempt organizations subject to the unrelated business income tax, and private foundations use Form 2220 to determine: Whether they are subject to the penalty for underpayment of estimated tax and, if so, The amount of the underpayment penalty for the period that applies.

What is the IRS Form for quarterly estimated tax payments?

Individuals, including sole proprietors, partners, and S corporation shareholders, generally use Form 1040-ES, to figure estimated tax.

What are exceptions to the 2210 penalty?

Exceptions to the Penalty You wont have to pay the penalty or file this form if either of the following applies. alien for the entire year (or an estate of a domestic decedent or a domestic trust), and your 2022 tax return was (or would have been had you been required to file) for a full 12 months.

How do I waive the underpayment penalty?

To request a waiver when you file, complete IRS Form 2210 and submit it with your tax return. With the form, attach an explanation for why you didnt pay estimated taxes in the specific time period that youre requesting a waiver for. Also attach documentation that supports your statement.

What is Form 2210 used for?

Purpose of Form Use Form 2210 to see if you owe a penalty for underpaying your estimated tax. The IRS will generally figure your penalty for you and you should not file Form 2210. You can, however, use Form 2210 to figure your penalty if you wish and include the penalty on your return.

How can CA underpayment penalty be avoided?

If your AGI is more than $1,000,000 when MFJ or $500,000 if you are single or married filing separately, the CA-FTB may require you to pay at least 90% of the current years tax liability to avoid underpayment penalties.

2015 2220 form-2025

Here's how it works