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GO DIRECTLY TO FORM REV-1630A AS (01-14)(FI) BUREAU OF INDIVIDUAL TAXES UNDERPAYMENT OF ESTIMATED TAX BY INDIVIDUAL FARMERS 2013 INSTRUCTIONS FARMERS There are special estimated tax payment rules

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What is underpayment of estimated tax?

Underpayment of estimated tax occurs when an individual or entity fails to pay enough taxes throughout the year through withholding or estimated tax payments.

Who is required to file underpayment of estimated tax?

Taxpayers who expect to owe a certain amount of tax and meet specific criteria are required to file underpayment of estimated tax.

How to fill out underpayment of estimated tax?

Underpayment of estimated tax is typically filled out on Form 2210 and requires the taxpayer to calculate the amount of underpayment and any penalties.

What is the purpose of underpayment of estimated tax?

The purpose of underpayment of estimated tax is to ensure taxpayers are paying the correct amount of tax throughout the year to avoid penalties and interest.

What information must be reported on underpayment of estimated tax?

Information such as total income, deductions, credits, and payments made towards taxes must be reported on underpayment of estimated tax.

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