R-210R (1/21)                                                                                                              2020
                               Underpayment of Individual Income Tax Penalty 
                                           Computation 2020   Taxable Year                              Attach Form R-210R to  
                                                                                                          your Form IT-540
                                                      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  2020 tax liability - See instructions.                                                                                      00
2  2019 tax liability - See instructions.                                                                                      00
3  Enter the smaller of Line 1 or Line 2. If no return was filed for 2019 or you filed                                         00
   as a part year-resident for 2019––, use the amount from Line 1.
4  Number of payments required for year
Section 2 – Underpayment Computation                        04/15/20      06/15/20              09/15/20            01/15/21
   Required payment – From Section 1, divide amount 
5                                                                    00                      00                00              00
   on Line 3 by the amount on Line 4. See instructions.
6  Amount paid for each period – See instructions.                   00                      00                00   $ 121,323  00

   Carryforward – Overpayment or underpayment from 
   previous period shown on Line 9 of each column. 
   Carryforward amounts from the previous period can 
7  be a positive number or a negative number.                                                00                00              00
   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
   Exception 1 – See worksheet on page 3 of the instructions. If you meet this exception, you do not owe an underpayment  
10
   penalty. STOP – You do not need to file this form. If you filed as a part-year resident in 2019, exceptions 2 and 3 do not apply.
11 Exception 2 – prior year’s tax liability
12 Exception 3 – prior year’s income
                                                                                                                    no exception  
13 Exception 4 – annualized income                                                                                  available
14 Exception 5 – installment period income
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
   Underpayment penalty – Add amounts on Line 18. Enter the total here and on Form IT-540, Line 33 if you 
19                                                                                                                             00
   have an overpayment. Enter the total here and on Form IT-540, Line 46 if you have a       balance due.