NJ-2210
UNDERPAYMENT OF ESTIMATED TAX
2012
FORM
BY INDIVIDUALS, ESTATES OR TRUSTS
Please check the appropriate block on the front of Form NJ-1040 and enclose with your 2012 Gross Income Tax Return.
Name(s) as shown on Form NJ-1040
Social Security Number
PART I
FIGURING YOUR UNDERPAYMENT
1. 2012 Tax (Line 44, Form NJ-1040) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1.
2. Enter the total of Lines 48, 49, 51, 52, 53, and 54, Form NJ-1040 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2.
3. Subtract Line 2 from Line 1 (If less than $400, do not complete the rest of this form) . . . . . . . . . . . . . . . . . . . . . 3.
4a. Multiply the amount on Line 1 by .80 (80%) (Two-thirds for qualified farmers) . . . . . . . . . . . . . . . . . . . . . . . . . 4a.
4b. Enter 2011 tax (From Form NJ-1040, Line 43) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4b.
PAYMENT DUE DATES
(A)
(B)
(C)
(D)
APRIL 15, 2012
JUNE 15, 2012
SEPT 15, 2012
JAN 15, 2013
5. Use the lesser amount on either line 4a or 4b and divide by
four. Enter the result in each column . . . . . . . . . . . . . . . . . . .
5.
6. Estimated tax paid and tax withheld per period (see instr.)
If each column on Line 6 is greater than the corresponding
column on Line 5, do not complete the rest of this form . . . .
6.
7. Enter the overpayment (Line 13) from the previous column
(Complete Lines 7 through 13 for one column before
completing the next column.) . . . . . . . . . . . . . . . . . . . . . . . . .
7.
8. Add Line 6 and Line 7 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8.
9. Enter the total underpayment (Line 11 plus Line 12) from
the previous column . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9.
10. Enter Line 8 minus Line 9. If zero or less, enter zero . . . . . . 10.
11. Remaining underpayment from previous period. If Line
10 is zero enter Line 9 minus Line 8 otherwise enter zero . . . 11.
12. UNDERPAYMENT (If Line 5 is greater than Line 10, enter
Line 5 minus Line 10) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12.
13. OVERPAYMENT (If Line 10 is greater than Line 5, enter
Line 10 minus Line 5) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13.
PART II
EXCEPTIONS
(See instructions, complete worksheets for exceptions 2, 3 and 4 and enclose computations for each exception claimed.)
If you meet exception 1 at line 15 do not file this form.
These amounts will be automatically verified by the Division of Taxation.
APRIL 15, 2012
JUNE 15, 2012
SEPT 15, 2012
JAN 15, 2013
14. Total amount paid and withheld from January 1 through
payment due date shown. (Do not include withholdings
after December 31, 2012.) (See instructions) . . . . . . . . . . . . . . 14.
25% of 2011 Tax
50% of 2011 Tax
75% of 2011 Tax
100% of 2011 Tax
15. Exception 1 - Enter 2011 tax (Line 43) . . $
15.
25% of Tax
50% of Tax
75% of Tax
100% of Tax
16. Exception 2 - Tax on 2011 gross income using
2012 exemptions and tax rates . . . . . . . . . . . . . . . . . . . . . . . . . 16.
20% of Tax
40% of Tax
60% of Tax
17. Exception 3 - Tax on annualized 2012 income . . . . . . . . . . . . . 17.
90% of Tax
90% of Tax
90% of Tax
18. Exception 4 - Tax on 2012 income over 3, 5 and 8-month
periods . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18.
IF THE AMOUNT OF ANY EXCEPTION IS EQUAL TO OR LESS THAN THE CORRESPONDING AMOUNT
AT LINE 14 INTEREST WILL NOT BE CHARGED FOR THAT PERIOD.
$
19. TOTAL INTEREST . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(Include this amount on Line 46, Form NJ-1040).