Enlarge image | R-210NR (1/17) Underpayment of Individual Income Tax Penalty 2016 Computation 2016 Taxable Year Nonresident and Part-Year Resident Filers PLEASE PRINT OR TYPE. Name as shown in the order on tax return Social Security Number Yours Yours Spouse’s Spouse’s Section 1 – Required Annual Payment Computation 1 2016 tax liability - See instructions. 00 2 2015 tax liability - See instructions. 00 3 Enter the smaller of Line 1 or Line 2 00 4 Number of payments required for year Section 2 – Underpayment Computation 04/15/16 06/15/16 09/15/16 01/15/17 Required payment - From Section 1, divide 5 amount on Line 3 by the amount on Line 4. 00 00 00 00 See instructions. 6 Amount paid for each period – See instructions. 00 00 00 00 Carryforward - Overpayment or underpayment from previous period on Line 9 of each column. Carryforward amounts 7 from the previous period can be a positive 00 00 00 number or a negative number. Note: No carryforward amount can be shown for the first period. See instructions. 8 Amount available for period. Add Lines 6 and 7. 00 00 00 00 Underpayment or overpayment - Subtract Line 5 from Line 8. A positive number indicates an 9 overpayment. A negative number indicates an 00 00 00 00 underpayment. Move the number on this line to Line 7 in next column. Section 3 – Exceptions 04/15/08 06/16/08 09/15/08 01/15/09 Exception 1 – See worksheet on page 3. If you meet this exception, you do not owe an underpayment penalty. 10 STOP – You do not need to file this form. 11 Exception 2 – Prior Year’s Tax Liability 00 00 00 00 12 Exception 3 – Prior Year’s Income. 00 00 00 00 13 Exception 4 – Annualized Income 00 00 00 no exception available 14 Exception 5 – Installment Period Income 00 00 00 00 Section 4 – Penalty Computation 15 Amount of underpayment (from Line 9 above) 00 00 00 00 16 Date of Payment – See instructions. 17 Number of days from due date of installment 18 Penalty – See instructions. 00 00 00 00 Penalty – Add amounts on Line 18. Enter total here and on Form IT-540B, Line 35 if you have an 19 00 overpayment. Enter the total here and on Form IT-540B, Line 48 if you have a balance due. |