Form DE2210 "Delaware Underpayment of Estimated Taxes" - Delaware

What Is Form DE2210?

This is a legal form that was released by the Delaware Department of Finance - Division of Revenue - a government authority operating within Delaware. As of today, no separate filing guidelines for the form are provided by the issuing department.

Form Details:

  • Released on February 1, 2021;
  • The latest edition provided by the Delaware Department of Finance - Division of Revenue;
  • Easy to use and ready to print;
  • Quick to customize;
  • Compatible with most PDF-viewing applications;
  • Fill out the form in our online filing application.

Download a fillable version of Form DE2210 by clicking the link below or browse more documents and templates provided by the Delaware Department of Finance - Division of Revenue.

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FORM DE2210
2020
Page 1
Delaware Underpayment of Estimated Taxes
Reset
NAME
SOCIAL SECURITY NUMBER
Print Form
Part 1 - Required Annual Payment
Enter
%
f o
2
0
2
0 0
D
e
a l
w
a
e r
e r
u t
n r
L (
n i
e
1
6
-
R
e
s
d i
e
n
, t
r o
L
n i
e
4
7
-
N
o
- n
R
e
s
d i
e
n
. ) t
A
Enter 100% or 110% of
9 Delaware return (Line 16 - Resident, or Line 47
B
- Non- Resident). (See instructions.)
Enter the smaller of Line “A” or Line “B”. This is your Required Annual Amount.
C
Enter Delaware Withholding, S Corp Payments, or Refundable Business Credits.
D
Subtract Line “D” from Line “C”. If less than $ 00, stop here. You do not owe the penalty.
E
Part 2 - Short Method (See instructions.)
Enter the amount of Estimated Tax Payments made.
F
Enter Delaware Withholding, S Corp Payments, or Refundable Business Credits.
G
Add Lines “F” and “G” and enter here.
H
Total Underpayment. Subtract Line “H” from Line “C”. If zero or less, stop here.
I
Multiply Line “I” by 12% (times .12).
J
If the amount on Line “I” was paid on or after April 30,
1, enter zero (0). If it was
K
paid before April 30,
1, multiply the number of days from the date Line “I” was
paid before April 30,
, times .05% (.0005) times the amount on Line “I”. (See
instructions.)
ESTIMATED PENALTY. Subtract Line “K” from Line “J” and enter here. (See
L
instructions.)
Time Period
1/1/20 - /15/20
/1 /20 - 7/15/20
7/16/20 - 9/15/20
9/16/20 - 1/15/21
Part 4 - Computing the over/under payment
Enter amount from Part 3, Line 27.
28
Enter the amount of Estimated and Capital Gain Tax payments.
29
Enter Delaware Withholding, S Corp Payments, or Refundable
30
Business Credits.
Add Lines 29 and 30.
31
Enter amount, if any, from Line 38 of the previous column of this
32
schedule (ie. Column 2 equals Line 38 Column 1, Column 3 equals
Line 38 Column 2, etc.).
Add Lines 31 and 32.
33
Sum amounts from Lines 36 and 37 of the previous column of this
34
schedule (ie. Column 2 equals Line 36 Column 1 plus Line 37
Column 1, etc.).
Subtract Line 34 from Line 33. If zero or less, enter zero (0). For
35
Column 1 only, enter the amount from Line 31.
If Line 35 equals zero, then subtract Line 33 from Line 34.
36
Otherwise, enter zero (0).
Underpayment. If Line 28 is equal to or larger than Line 35,
37
subtract Line 35 from Line 28. Then go to Line 32 of the next
column. Otherwise, go to Line 38
.
Overpayment. If Line 35 is larger than Line 28, subtract Line 28
38
from Line 35. Then go to Line 32 of the next column.
Payment Due Date
39
/15/20
9/15/20
1/15/21
7/15/20
Part 5 - Computing the Penalty (See instructions.)
Enter number of days from date on Line 39 to when payment was
40
made.
Multiply Line 40 by .05% (times .0005).
41
Multiply Line 37 by Line 41. This is the Penalty for Period.
42
Add penalties from each Column on Line 42 to determine the Total
43
Penalty (ie. Line 42 Column 1 plus Line 42 Column 2, etc.).
DF20920019999
DF20920019999
(Rev. 02/2021)
FORM DE2210
2020
Page 1
Delaware Underpayment of Estimated Taxes
Reset
NAME
SOCIAL SECURITY NUMBER
Print Form
Part 1 - Required Annual Payment
Enter
%
f o
2
0
2
0 0
D
e
a l
w
a
e r
e r
u t
n r
L (
n i
e
1
6
-
R
e
s
d i
e
n
, t
r o
L
n i
e
4
7
-
N
o
- n
R
e
s
d i
e
n
. ) t
A
Enter 100% or 110% of
9 Delaware return (Line 16 - Resident, or Line 47
B
- Non- Resident). (See instructions.)
Enter the smaller of Line “A” or Line “B”. This is your Required Annual Amount.
C
Enter Delaware Withholding, S Corp Payments, or Refundable Business Credits.
D
Subtract Line “D” from Line “C”. If less than $ 00, stop here. You do not owe the penalty.
E
Part 2 - Short Method (See instructions.)
Enter the amount of Estimated Tax Payments made.
F
Enter Delaware Withholding, S Corp Payments, or Refundable Business Credits.
G
Add Lines “F” and “G” and enter here.
H
Total Underpayment. Subtract Line “H” from Line “C”. If zero or less, stop here.
I
Multiply Line “I” by 12% (times .12).
J
If the amount on Line “I” was paid on or after April 30,
1, enter zero (0). If it was
K
paid before April 30,
1, multiply the number of days from the date Line “I” was
paid before April 30,
, times .05% (.0005) times the amount on Line “I”. (See
instructions.)
ESTIMATED PENALTY. Subtract Line “K” from Line “J” and enter here. (See
L
instructions.)
Time Period
1/1/20 - /15/20
/1 /20 - 7/15/20
7/16/20 - 9/15/20
9/16/20 - 1/15/21
Part 4 - Computing the over/under payment
Enter amount from Part 3, Line 27.
28
Enter the amount of Estimated and Capital Gain Tax payments.
29
Enter Delaware Withholding, S Corp Payments, or Refundable
30
Business Credits.
Add Lines 29 and 30.
31
Enter amount, if any, from Line 38 of the previous column of this
32
schedule (ie. Column 2 equals Line 38 Column 1, Column 3 equals
Line 38 Column 2, etc.).
Add Lines 31 and 32.
33
Sum amounts from Lines 36 and 37 of the previous column of this
34
schedule (ie. Column 2 equals Line 36 Column 1 plus Line 37
Column 1, etc.).
Subtract Line 34 from Line 33. If zero or less, enter zero (0). For
35
Column 1 only, enter the amount from Line 31.
If Line 35 equals zero, then subtract Line 33 from Line 34.
36
Otherwise, enter zero (0).
Underpayment. If Line 28 is equal to or larger than Line 35,
37
subtract Line 35 from Line 28. Then go to Line 32 of the next
column. Otherwise, go to Line 38
.
Overpayment. If Line 35 is larger than Line 28, subtract Line 28
38
from Line 35. Then go to Line 32 of the next column.
Payment Due Date
39
/15/20
9/15/20
1/15/21
7/15/20
Part 5 - Computing the Penalty (See instructions.)
Enter number of days from date on Line 39 to when payment was
40
made.
Multiply Line 40 by .05% (times .0005).
41
Multiply Line 37 by Line 41. This is the Penalty for Period.
42
Add penalties from each Column on Line 42 to determine the Total
43
Penalty (ie. Line 42 Column 1 plus Line 42 Column 2, etc.).
DF20920019999
DF20920019999
(Rev. 02/2021)
FORM DE2210
2020
Page 2
CHECK HERE IF YOU USED
1
Time Period
A NON-RESIDENT RETURN
1/1/20-3/31/20
1/1/20-5/31/20
1/1/20-8/31/20
1/1/20-12/31/20
Part 3 - Annualized Installment Method
Enter Delaware AGI from your 2020 Delaware
2
Return (Line 1 - Resident, or Line 37 - Non-
Resident) for period.
Multiplier.
3
4
2.4
1.5
1
Annualized AGI. Multiply Line 2 by Line 3.
4
Enter Delaware Itemized Deductions (Line 2b -
5
Resident, Line 38b - Non-Resident) for period. Enter
zero (0) if you didn’t itemize.
Multiplier.
6
4
2.4
1.5
1
Annualized Itemized Deductions. Multiply Line 5 by
7
Line 6.
Enter the Total Delaware Standard Deduction Amount.
8
(See instructions.) Enter zero (0) if you itemized.
Delaware Deductions. Enter amount from Line 7 if
9
you itemized, or from Line 8 if you used the standard
deduction.
Delaware Taxable Income. Subtract Line 9 from Line 4.
10
Tax Liability. Using the tax table or tax schedule,
11
Line 10
Tax on Lump Sum. See the Resident Tax Booklet, page 6
12
for detailed instructions
Total Tax. Add Lines 11 and 12.
13
14
Non-Resident Filers Only - Multiply Line 13 by the
proration percentage on Line 42 of your tax return.
15
Enter the Total Personal Credit amount. See
instructions.
Non-Resident Filers Only - Multiply Line 15 by the
16
proration percentage on Line 42 of your tax return.
Other Non-Refundable Credits. Add Lines 10 , 11, 12
17
13 & 14 of the Resident return or Lines 44 & 45 of the
Non-Resident return and enter here.
Residents: Subtract Lines 15 and 17 from Line 13.
18
Non-Residents: Subtract lines 16 and 17 from Line 14.
Multiplier.
19
.225
.450
.675
.900
Multiply Line 18 by Line 19 and enter here.
20
Sum all previous columns from Line 27 (ie. Column 2
21
equals Line 27 Column 1, Column 3 equals Line 27
Column 1 plus Line 27 Column 2, etc.).
Subtract Line 21 from Line 20. If zero or less, enter
22
zero (0).
Enter 1/4 of the total from Part 1, Line “C”, in each column
23.
Enter the amount from Line 26 of the previous column
24
of this schedule (ie. Column 2 equals Line 26, Column
1, Column 3 equals Line 26, Column 2, etc.).
Add Lines 23 and 24.
25
Subtract Line 22 from Line 25. If zero or less, enter zero (0).
26
Enter smaller of Line 22 or Line 25 here and on Line 2 8 .
27
DF20920029999
DF20920029999
(Rev. 02/2021)
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