Nebraska Individual Underpayment of Estimated Tax

Individual Underpayment of Estimated Tax
Form 2210N
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Individual Underpayment of Estimated Tax
• Attach to Form 1040N.

FORM 2210N

2022

Check this box if you are annualizing your income.
	 Name and Address on Form 1040N		

Social Security Number

	1	Total Nebraska income tax after nonrefundable credits (line 28, Form 1040N)..............................................................................	 1
	2	Enter the total of the refundable credits (total of lines 31 thru 38, Form 1040N)...............................................................................	 2
	3	Subtract line 2 from line 1...............................................................................................................................................................	 3
	4	Multiply line 3 by 90% (.90) and enter result here..........................................................................................................................	4
	5	Amount of Nebraska income tax withheld for 2022, if any (line 29, Form 1040N). Do not include any estimated payments on this line.	 5
	6	Subtract line 5 from line 3. If less than $500, stop here; do not complete this form. You do not owe penalty........................	 6
	7	Enter your 2021 Nebraska income tax (see instructions). If federal AGI was more than $150,000 ($75,000 if married,
		filing separately), enter 110% of 2021 tax.......................................................................................................................................	 7
	8	Required annual payment. Enter smaller of line 4 or line 7.............................................................................................................	 8
		If line 5 is greater than or equal to line 8, do not complete this form. You do not owe penalty.
• Farmers and ranchers should skip to line 24.
	9	Due date of installments..................................	 9	
April 15, 2022	
June 15, 2022  	
Sept. 15, 2022  	
	10	Enter 25% of line 8 in each column.................	10
	11	Amount of estimated payment plus amount
		withheld for each quarter (see instructions)....	 11
• Complete lines 12 through 18 of one column before going to the next column.

Jan. 15, 2023  

	12	 Overpayment of previous installments from line 18 of the previous column.... 	 12
	13	 Add lines 11 and 12......................................................................................... 	 13
	14	 Add amounts on line 16 of the previous column and line 17 of the previous
		column and enter result................................................................................... 	14
	15	 Subtract line 14 from line 13. If zero or less,
		enter -0- (for April 15 column only, enter the
		amount from line 11)........................................	 15
	16	 Remaining underpayment from previous period. If the amount on line 15
		is zero, subtract line 13 from line 14. Otherwise, enter -0-............................... 	 16
	17	 Underpayment. If line 10 is greater
		than or equal to line 15, subtract line 15 from
		line 10, and go to the next column; otherwise,
		go to line 18.....................................................	17
	18	 Overpayment. If line 15 is greater than
		line 10, subtract line 10 from line 15. Enter the
		amount here and on line 12 of the next column	 18

.

Calculate the Penalty

	19	Amount of underpayment (line 16 plus line 17)
		 For April 15 column only, use -0- for line 16 in
		 your calculation................................................	 19
	20	 Date of payment or next due date (from
		line 9), whichever is earlier..............................	 20
	21	 Number of days from due date of installment
		to the date shown on line 20............................	 21
	22	a	 Penalty (3% per year on the line 19 amount
				 for the number of days in 2022 on line 21)..	 22a
22	 b	 Penalty (5% per year on the line 19 amount
for the number of days in 2023 on line 21)......	 22b
	23	Total amounts on line 22. Enter this amount on line 40, Form 1040N ..........................................................................................	23

Farmers and Ranchers — Underpayment of Estimated Tax
	24	 Enter line 3 here. If all Nebraska income tax is paid and return is filed by March 1, do not complete this form.
		You do not owe penalty................................................................................................................................................................	 24
	25	 Multiply line 24 by 66 ⅔% (.667) and enter here.............................................................................................................................	 25
	26	 Amount of Nebraska income tax withheld for 2022, if any..............................................................................................................	 26
	27	 Subtract line 26 from line 24. If less than $500, do not complete the rest of this form. You do not owe penalty  ...................	 27
	28	 Enter your 2021 Nebraska income tax (see line 7 instructions).....................................................................................................	 28
	29	 Enter the smaller of line 25 or line 28.............................................................................................................................................	 29
	30	 Amounts withheld and amounts paid or credited by January 15....................................................................................................	 30
	31	 Underpayment of estimated tax (line 29 minus line 30). If less than zero, you do not owe penalty...........................................	 31
	32	 Number of days from January 15 to date of payment, or April 15, whichever is earlier..................................................................	 32
	33	 Penalty (5% per year on the line 31 amount for the number of days on line 32).
		Enter this amount here and on line 40, Form 1040N......................................................................................................................	 33

Attach Form 2210N to your return.

8-237-2022

Instructions
Note: Individual Estimated Income Tax Payment Vouchers and Instructions are not mailed to taxpayers by the
Nebraska Department of Revenue (DOR). Instead, all taxpayers are encouraged to make their estimated income tax
payments electronically.
Who Must File. If your 2022 income tax due (line 17, Form 1040N) less income tax withholding and allowable credits is
$500 or more, you may owe a penalty for underpayment of estimated tax and must complete this form.
Who Must Pay the Underpayment Penalty. An individual who did not pay enough estimated tax by any of the applicable
due dates, or did not have enough state income tax withheld, may be charged a penalty. This is true even if you are due a
refund when you file your tax return. The penalty is calculated separately for each due date. You may owe the penalty for
an earlier payment due, even if you paid enough income tax later to make up the underpayment.
You may owe the penalty for 2022 if you did not pay at least the smaller of:
1.

90% of your 2022 income tax liability; or

2.

100% of your 2021 income tax liability (if you filed a 2021 return that covered a full 12 months).

Exceptions to the Penalty. You do not have to pay the penalty if:
1.

You had no Nebraska income tax liability for 2021, you were a U.S. citizen or resident for the entire year, and your
2021 Nebraska income tax return was (or would have been had you been required to file) for a full 12 months;

2.

You are a first-time filer for Nebraska income tax purposes; or

3.

Your total income tax shown on your 2022 return minus applicable credits and the amount of income tax you paid
through income tax withholding is less than $500. To determine whether the exception applies to you, complete
lines 1 through 6.

Note: If you file your return and pay the income tax due by January 31, 2023, include on line 19, January 15 column, the
amount of income tax you pay with your Nebraska individual income tax return. In this case, you will not owe a penalty for
the payment due on January 15, 2023.
Nebraska Income Tax on Annualized Income. No penalty will be imposed if your Nebraska income tax payments equal or
exceed 90% of your Nebraska income tax liability based on annualized income earned through the end of the month preceding
the installment date. If you meet this criteria, check the box at the top of this form. Paper filers attach a separate schedule
showing your computation similar to the federal Annualized Income Installment Method Schedule.
Waiver of Penalty. DOR may consider waiving the penalty under the following circumstances:
•

Underpayment due to casualty, disaster, or other unusual circumstance where it would be inequitable to impose the
penalty; or

•

In 2021 or 2022, you retired after reaching age 62, or became disabled, and your underpayment was due to
reasonable cause.

Paper filers attach a statement to this form outlining why the penalty should not be imposed.
When and Where to File. Form 2210N must be attached and filed with the Nebraska Individual Income Tax Return,
Form 1040N.

Specific Line Instructions

Line 7, 2021 Tax. Enter your 2021 income tax less all nonrefundable credits, and refundable credits on lines 31 through
38, from your 2021 Form 1040N. If the 2021 income tax year was for less than 12 months, do not complete this line. Instead,
enter the amount from line 4 on line 8 and complete the remainder of the form. If you are not engaged in farming, ranching, or
fishing, and your federal adjusted gross income (AGI) in 2021 was more than $150,000 ($75,000 if married, filing separately),
enter 110% of your 2021 income taxes on line 7. Farmers and ranchers should see Special Rules below.
Line 9, Installment Payments. If you filed your Nebraska income tax return and paid the balance of the income tax due
by January 31, that balance is considered paid as of January 15.
Fiscal Year Taxpayers. The installment due dates for fiscal year taxpayers are the 15th day of the following months:
1.

The first month of the second quarter;

2.

The third month of the second quarter;

3.

The third month of the third quarter; and

4.

The first month of the following fiscal year.

All dates on Form 2210N should be adjusted to reflect the corresponding month of the fiscal year.
Line 11, Income Tax Withheld. One-fourth of the Nebraska income tax withheld during the year by your employer
is considered paid on each required installment date, unless you establish other dates when the income tax withholding
actually occurred.

For nonresident individuals, the amount of Nebraska income tax paid on your behalf by S corporations, partnerships, limited
liability	companies,	or	fiduciaries	is	considered	paid	on	the	last	day	of	the	organization’s	taxable	year,	unless	you	establish	
other dates when it actually occurred.
Taxpayers	claiming	an	overpayment	from	line	44	of	last	year’s	individual	income	tax	return,	Form	1040N,	should	be	aware	
that	an	overpayment	will	be	applied	first	to	offset	any	existing	balance	due	from	another	tax	year.	If	DOR	transfers	part	or	all	
of	an	amount	requested	to	be	carried	over	to	next	year’s	estimated	income	tax	payments	(current	year	carryover),	a	written	
notice	of	the	offset	will	be	issued.	Please	contact	DOR	if	you	are	unsure	of	your	current	year	carryover	amount.	
Line 18, Overpayment. Your	payments	are	applied	first	to	any	underpayment	balance	on	an	earlier	installment.	It	does	
not matter if you designate a payment for a later period. Any overpayment of an installment on line 18 that is larger than all
prior underpayments should be applied as a credit on line 12 against the next installment.
Lines 19-23, Penalty Calculations. Complete lines 19 through 23 to determine the penalty you owe. When determining
the payment date on line 20, use: the date the payment was applied against the underpayment on line 19; the due date of
the next payment (line 9 of the next column); or April 15, whichever is earliest. If more than one payment is made for any
installment, or a partial payment is made, make separate penalty calculations through the payment dates. Then add the results
together and enter on line 22. The penalty is calculated at 3% per year for all installments paid during 2022, and at 5% for
payments	made	on	January	1,	2023	and	after.	For	the	September	15	column,	line	22a	is	used	to	report	at	the	3%	rate	through	
December	31,	2022.	Line	22b	is	then	used	to	report	at	the	5%	rate	for	the	period	from	January	1	through	January	15	or	later.		
Note For Electronic Filers: Your software may allow you to calculate multiple payments within a quarter. Refer to the
instructions provided with the software. Also, see the instructions for Federal Form 2210 for more information.
Special Rules For Farmers And Ranchers. You	do	not	owe	a	penalty	and	are	not	required	to	file	Form	2210N	if:	
•

Your	gross	income	from	farming,	ranching,	or	fishing	is	at	least	two-thirds	of	your	annual	gross	income	from	all	
sources for 2021 or 2022; and

•

A	Form	1040N	is	filed	and	the	Nebraska	income	tax	due	is	paid	on	or	before	March	1.

Calculate Your Underpayment. If	the	gross	income	test	was	met,	but	the	date	for	filing	and	payment	of	the	income	tax	was	
not, complete lines 24 through 31. If no underpayment is indicated on line 31, do not complete lines 32 and 33.
Calculate the Penalty. Complete lines 32 and 33 to determine the penalty.

revenue.nebraska.gov, 800-742-7474 (NE and IA), 402-471-5729