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Cat. No. 11746L Form 2220 2010 Page 2 Part IV Figuring the Penalty Enter the date of payment or the 15th day of the 3rd month after the close of the tax year whichever is earlier see instructions.
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What is form 2220?
Form 2220 is a form used by taxpayers to calculate and pay their estimated tax penalties for underpayment of taxes.
Who is required to file form 2220?
Taxpayers who had underpaid their estimated taxes during the year are required to file form 2220.
How to fill out form 2220?
Form 2220 requires taxpayers to provide their personal information, calculate their underpayment penalty, and make the necessary payments.
What is the purpose of form 2220?
The purpose of form 2220 is to calculate and pay the penalty for underpayment of estimated taxes, as required by the IRS.
What information must be reported on form 2220?
Form 2220 requires taxpayers to report their personal information, including their name, Social Security number, and tax year, as well as calculate the underpayment penalty.
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