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The document is the 2023 Michigan Form MI-2210, used to calculate underpayment of estimated income tax and associated penalties and interest. It provides instructions for determining if taxpayers owe penalties for insufficient or late estimated tax payments, outlines the requirements for making timely payments, and includes a worksheet for annualizing income. The form must be submitted with the MI-1040 or MI-1041 tax returns.

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Click ‘Get Form’ to open the MI-2210 in the editor.
Begin by entering the year and month-year at the top of the form. Ensure you type or print in blue or black ink.
Fill in your name as shown on your tax return, along with your identifying number.
In Part 1, calculate your estimated tax required for the year by following the instructions for lines 4 through 7. Make sure to enter accurate figures from your previous tax returns.
Proceed to complete payment due dates in columns A through D, ensuring each installment is calculated correctly based on your underpayment.
For Part 2, figure out any interest owed by following the line-by-line instructions provided. Pay attention to the specific rates and periods mentioned.
Finally, review all entries for accuracy before submitting your completed form online.

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