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Maine Underpayment of Estimated Tax
, or request a six-month extension here .Extracted from PDF file 2024-maine-form-2210me.pdf, last modified August 2024Underpayment of Estimated Tax
Clear Form 2210ME 2024 Underpayment of Estimated Tax by Individuals, Estates, or Trusts Print Enclose with your Form 1040ME or Form 1041ME Attachment Sequence No.12 (See instructions on back) For calendar year 2024 or fiscal year beginning ___________________________ , 2024 and ending _____________________________ , _________ Name(s) as shown on Form 1040ME or 1041ME Your SSN or EIN (do not enter / or -) Part I — Calculating Your Underpayment 1. 2. 3. 4. 5. 6. 7. 2024 tax. (Form 1040ME - line 24 minus lines 25c, 25d, and 25e or Form 1041ME - line 6 minus any refundable _ tax credit included on Form 1041ME, line 7c.)................................................................................................................................ 1._______________ Multiply tax on line 1 by 90% (66 2/3% for farmers and persons who fish commercially)............................................................... 2._______________ 2024 Maine Income Tax Withheld. (Form 1040ME, line 25a, or Form 1041ME, line 7a.) .............................................................. 3._______________ Subtract line 3 from line 1. If the result is less than $1,000, do not complete or file this form......................................................... 4._______________ 2023 tax. (2023 Form 1040ME, line 24 minus lines 25c, 25d, and 25e or 2023 Form 1041ME, line 6 minus any refundable tax credit included on Form 1041ME, line 7c.) If short year, enter the amount from line 2. If less than $1,000, do not complete or file this form.... 5._______________ Enter line 2 or line 5, whichever is less........................................................................................................................................... 6._______________ Multiply the amount on line 6 by .25 (to compute the amount for line 9). Enter result here............................................................ 7._______________ 8. Due dates for estimated tax payments...................................................... 8. 9. Estimated tax due. Enter amount from line 7 above or line 25 of annualized worksheet under each payment due date................................ 9. A B C D April 17, 2024 June 17, 2024 Sept. 16, 2024 Jan. 15, 2025 10. Less tax payments. a. Tax withheld. Enter 25% (0.25) of line 3 in each column.................... 10a. b. Estimated tax paid by due date on line 8...........................................10b. c. Amount carried forward (overpaid) from line 11b, previous column. For column A, enter credit carried forward from previous tax year....... 10c. d. Total. Add lines 10a, 10b, and 10c.....................................................10d. 11. Subtract line 10d from line 9 (may be a negative amount)....................... 11. a. If line 9 is larger than line 10d, enter the underpayment here.......... 11a. b. If line 10d is larger than line 9, enter overpayment here................... 11b. Part II — Calculating the Penalty — For Quarters with entries on line 11a 12. For each column, enter the date the amount on line 11a was paid or the 15th day of the fourth month after close of taxable year, whichever is earlier.................................................................................................... 12. 13. Number of months from due date of installment (line 8) to date shown on line 12. A part of a month is considered a whole month...................... 13. 14. Enter the rate from the table on next page............................................... 14. 15. Underpayment Penalty — Multiply underpayment on line 11a by the rate on line 14........................................................................................... 15. 16. Total of amounts shown on line 15. Enter result here and on Form 1040ME, line 32 or Form 1041ME, line 10b........................ 16._______________ (If zero, do not file this form. However, if you used the annualized income installment method, you must file this form even if the penalty amount is zero.) 17. Check here and on Form 1040ME, line 32 or Form 1041ME, line 10b, if you use the annualized income installment method...................... 17.
Form 2210ME
More about the Maine Form 2210ME Individual Income Tax Estimated TY 2024
If you failed to pay or underpaid your estimated income tax for the previous year, you must fill out and file [[Form 2210ME]] to calculate and pay any interest or penalties owed.
We last updated the Underpayment of Estimated Tax in March 2025, so this is the latest version of Form 2210ME, fully updated for tax year 2024. You can download or print current or past-year PDFs of Form 2210ME directly from TaxFormFinder. You can print other Maine tax forms here.
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TaxFormFinder has an additional 61 Maine income tax forms that you may need, plus all federal income tax forms. These related forms may also be needed with the Maine Form 2210ME.
| Form Code | Form Name |
|---|---|
| Worksheet Form 2210ME | Underpayment of Estimated Tax by Individuals, Estates, or Trusts |
View all 62 Maine Income Tax Forms
Form Sources:
Maine usually releases forms for the current tax year between January and April. We last updated Maine Form 2210ME from the Revenue Services in March 2025.
Form 2210ME is a Maine Individual Income Tax form. While most taxpayers have income taxes automatically withheld every pay period by their employer, taxpayers who earn money that is not subject to withholding (such as self employed income, investment returns, etc) are often required to make estimated tax payments on a quarterly basis. Failure to make correct estimated payments can result in interest or penalties.
About the Individual Income Tax
The IRS and most states collect a personal income tax, which is paid throughout the year via tax withholding or estimated income tax payments.
Most taxpayers are required to file a yearly income tax return in April to both the Internal Revenue Service and their state's revenue department, which will result in either a tax refund of excess withheld income or a tax payment if the withholding does not cover the taxpayer's entire liability. Every taxpayer's situation is different - please consult a CPA or licensed tax preparer to ensure that you are filing the correct tax forms!
Historical Past-Year Versions of Maine Form 2210ME
We have a total of fourteen past-year versions of Form 2210ME in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:
2020 Form 2210ME
2020_form_2210_dec2020draft.indd
2019 Form 2210ME
2019_form_2210.indd
2018 Form 2210ME
2018_form 2210.indd
2017 Form 2210ME
2017_form 2210.indd
2016 Form 2210ME
2016_form 2210.indd
2015 Form 2210ME
15_1040_form 2210.indd
2014 Form 2210ME
14_1040_form 2210.indd
2013 Form 2210ME
12_1040_Form2210ME_downloadable.indd
2012 Form 2210ME
12_1040_Form2210ME_downloadable.indd
2011 Form 2210ME
11_1040_Form2210ME.indd
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