Here's some basic information about one of the IRS' most complicated forms, Form 2210.
What is Form 2210?
Form 2210 is used to help you figure out if you owe a penalty for underpaying your estimated tax. If you do owe, the form can be used to help you determine the amount of the penalty.
Does everyone who needs to pay a penalty supposed to use Form 2210?
The short answer is no. The form wil help you determine if you need to file the form or not.
Letting the IRS figure out your penalty for you
If you tired to make sense of Form 2210 but just couldn't understand it, you're not alone. A lot of taxpayers have the same issue. Just file your taxes on time in April and the IRS will send you a bill.
Where can I find Form 2210?
You can get a copy of the form (PDF) on the IRS website.
Can I get instructions for Form 2210?
You can download instructions (PDF) for Form 2210 on the IRS website.