Ohio Income Tax Underpayment Interest Penalty Form

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Income Tax Underpayment Interest Penalty Form
Form IT-2210-10402024 Ohio IT/SD 2210

Interest Penalty on Underpayment of Tax
Use UPPERCASE letters.

10211411

Use this form to determine if you are subject to the interest penalty and to calculate your interest penalty amount. The due dates and
rates on this form are for calendar year taxpayers. Fiscal year taxpayers must adjust the payment due dates and rates accordingly. See
“Fiscal Year Filers” on page 4 for more information.

For Ohio IT 1040 or SD 100 Filers:
Spouse’s SSN (if filing jointly)

Primary taxpayer’s SSN (required)
First name

M.I.

Last name

Spouse’s first name (if filing jointly)

M.I.

Last name

Important: If you receive 2/3 of your gross income from farming or fishing, you may not be subject to the 2210 interest penalty. See
“Farmers and Fishermen” on page 4 for more information.

For Ohio IT 4708, IT 1140, IT 4738, IT 1041, or SD 100E Filers:
FEIN

Decedent’s SSN (estates)

Name of pass-through entity, trust or estate
Additional line, if necessary, for name of pass-through entity, trust or estate

All Filers: Total Interest Penalty Due
IT 1040, SD 100, SD 100E, IT 1041, and IT 4708 filers, enter the amount from page 2,
line 17 and include pages 1 and 2 with your return.
IT 1140 and IT 4738 filers, enter the amount from page 3, line 14 and include pages 1
and 3 with your return...................................................................................................................

.0 0

Federal Privacy Act Notice: Because we require you to provide us with a Social Security number, the Federal Privacy Act of 1974 requires us to inform you that providing
us with your Social Security number is mandatory. 42 U.S.C. 405 and Ohio Revised Code sections 5703.057 and 5747.08 authorize us to request this information. We need
your Social Security number in order to administer this tax.

2024 IT/SD 2210 - Page 1 of 4

2024 Ohio IT/SD 2210

Interest Penalty on Underpayment of Tax
10211411

FEIN/SSN

For Ohio IT 1040, SD 100, SD 100E, IT 1041, and IT 4708 Filers

See page 4 for definitions and line references.

Part I – Am I Subject to the Interest Penalty?
1. 2024 Ohio income taxes paid (timely paid 2024 estimated payments plus withholding plus 2023
credit carryforward)......................................................................................................................................1.

2. 2024 Ohio income tax liability (total tax minus total credits)................................................................. 2.

3. 2023 Ohio income tax liability (total tax minus total credits)................................................................. 3.

4. Multiply line 2 by 90% (.90)........................................................................................................................4.

00
00

Yes

6. Did you timely file a 2023 Ohio income tax return? If yes, continue to line 7. If no, skip to line 8......... 6.

Yes

7. Is line 1 greater than or equal to line 3? If yes, STOP, you have no interest penalty. If no,
continue to line 8................................................................................................................................... 7.

Yes

8. Is line 2 less any withholding $500 or less? If yes, STOP, you have no interest penalty. If no,
continue to line 9.........................................................................................................................................8.

Yes

9. If you answered “Yes” on line 6, enter the lesser of line 3 or line 4. If you answered “No”, enter the
amount from line 4. Then continue to Part II......................................................................................... 9.

Part II – Calculate the Interest Penalty

A
4/15/24 – 25%

B
6/17/24 – 50%

C
9/16/24 – 75%

D
1/15/25 – 100%

0.013799

0.019932

0.026502

0.019713

10. Multiply the amount on line 9 by the percentage indicated at
the top of each column........................................................................10.
11. Multiply the total tax withheld from compensation by the percentage
indicated at the top of each column....................................................11.
12. Total estimated tax (including any credit carryforwards) paid by
the dates shown at the top of each column.........................................12.

13. Add lines 11 and 12.............................................................................13.
14. Underpayment subject to interest penalty (line 10 minus line 13;
if negative, enter zero).........................................................................14.

15. Rates for calendar year filers...............................................................15.
16. Multiply line 14 by line 15 for each column..........................................16.

17. Total
interest penalty due (sum of line 16, Columns A through D). Enter here and on page 1.................................. 17.

2024 IT/SD 2210 - Page 2 of 4

2024 Ohio IT/SD 2210

Interest Penalty on Underpayment of Tax
10211411

FEIN/SSN

For Ohio IT 1140 and IT 4738 Filers
If the total adjusted qualifying amount or qualifying taxable income for the current year or the previous year is $10,000 or less, do not
complete this form. You do not owe an interest penalty. See page 4 for definitions and line references.

Part I – Am I Subject to the Interest Penalty?
1. 2024 Ohio taxes paid (timely paid 2024 estimated payments plus 2023 credit carryforward)....................... 1.

2. 2024 Ohio tax liability (total tax)................................................................................................................2.

3. 2023 Ohio tax liability (total tax).................................................................................................................... 3.

4. Multiply line 2 by 90% (.90).......................................................................................................................4.

5. Is line 1 greater than or equal to line 4? If yes, STOP, you have no interest penalty.
If no, continue to line 6..............................................................................................................................5.
6. If filing the Ohio IT 1140, did you timely file a 2023 Ohio IT 1140? - OR - If filing the Ohio IT 4738,
did you timely file a 2023 Ohio IT 4738? If yes, continue to line 7. If no, skip to line 8.............................6.
7. Is line 1 greater than or equal to line 3? If yes, STOP, you have no interest penalty.
If no, continue to line 8..............................................................................................................................7.

Yes

8. If you answered “Yes” on line 6, enter the lesser of line 3 or line 4. If you answered “No”,
enter the amount from line 4. Then continue to Part II..............................................................................8.

Part II – Calculate the Interest Penalty

A
4/15/24 – 25%

B
7/15/24 – 50%

C
10/15/24 – 75%

D
1/15/25 – 100%

0.019932

0.020151

0.019713

9. Multiply the amount on line 8 by the percentage indicated at
the top of each column.............................................................. 9.
10. Total estimated tax (including any credit carryforwards) paid by the
dates shown at the top of each column............................................... 10.

11. Underpayment subject to interest penalty (line 9 minus line 10; if
negative, enter zero)............................................................................11.

12. Rates for calendar year filers............................................................... 12.
13. Multiply line 11 by line 12 for each column.......................................... 13.

14. Total interest penalty due (sum of line 13, Columns A through D). Enter here and on page 1.................................. 14.

2024 IT/SD 2210 - Page 3 of 4

Instructions
For more information, see the FAQs at tax.ohio.gov/2210.

10211411

Page 2 Definitions

Page 3 Definitions

“Taxes paid” includes payments of estimated taxes made under
R.C. 5747.09(C), taxes withheld from taxpayer’s compensation, and
prior year tax refunds carried forward by the taxpayer in payment
of estimated taxes.

“Taxes paid” includes payments of estimated taxes made under
R.C.5747.43(C) and tax refunds applied by the qualifying entity or
electing pass-through entity in payment of estimated taxes.

“Tax liability” means the total taxes due for the taxable year,
after allowing any credit to which the taxpayer is entitled, but prior
to applying any estimated tax payment, withholding payment, or
carryforward of prior year tax refund.
“Estimated taxes” means the amount that the taxpayer estimates
to be the taxpayer’s combined tax liability under R.C. 5747 and 5748
for the current taxable year.
Note: You may be able to reduce or eliminate the interest penalty by
calculating it on a combined basis. To do this, complete page 2 using
your combined liability for individual and school district income tax
and your total taxes paid for individual and school district income tax.
Page 2 Line References
Taxes Paid
IT 1040
SD 100
SD100E
IT 1041
IT 4708

Sum of line 14 and line 15
Sum of line 11 and line 12
Line 6
Line 14
Sum of line 17 and line 18

Current Year Tax Liability – 2024
IT 1040 Line 10 minus line 16
SD 100 Line 8
SD100E Line 3
IT 1041 Line 11 minus line 15
IT 4708 Line 12 minus line 19
Previous Year Tax Liability – 2023
IT 1040 Line 10 minus line 16
SD 100 Line 8
SD100E Line 3
IT 1041 Line 11 minus line 15
IT 4708 Line 12 minus line 19
Farmers and Fishermen: Per Ohio Adm. Code 5703-7-04, if you
are filing an IT 1040 and/or SD 100 and you receive at least 2/3 of
your gross income from farming or fishing activities, you are not
subject to the 2210 interest penalty if you meet one of the following:
● You file your return and make payment in full of the tax due on
or before March 1, 2025.
● You make payment in full of the tax due on or before January 1,
2025 and you file your return on or before April 15, 2025.

“Tax liability” means the total of the taxes and withholding taxes
due under R.C. 5733.41 and 5747.41 or the tax due under R.C.
5747.38 for the applicable taxable year prior to applying any estimated tax payment or refund from another year.
“Estimated taxes” means the amount that a qualifying entity or
electing pass-through entity estimates to be the sum of its liability
under R.C. 5733.41 and 5747.41 or R.C. 5747.38 for its current
qualifying taxable year or taxable year, as applicable.
Page 3 Line References
Taxes Paid
IT 1140 Schedule I, line 3c, sum of Column A and B
IT 4738 Schedule I, line 16
Current Year Tax Liability – 2024
IT 1140 Schedule I, line 1, sum of Column A and B
IT 4738 Schedule 1, line 9
Previous Year Tax Liability – 2023
IT 1140 Schedule I, line 1, sum of Column A and B
IT 4738 Schedule 1, line 9
Fiscal Year Filers
The due dates on pages 2 and 3 are for calendar year filers. The
rates on page 2, line 15 and page 3, line 12 are based on the statutory interest rate (8% for 2024 and 2025) and the number of days
the estimated payment was late. The general formula for computing
the rate is:
Rate = interest rate X number of days the payment is late ÷ 365.25
Fiscal year filers must use their specific estimated payment due
dates to compute their rates.
IT 1040, SD 100, SD 100E, IT 1041, and IT 4708 Filers:
Estimated payments are due on:
● The 15th day of the 4th month of the tax year;
● The 15th day of the 6th month of the tax year;
● The 15th day of the 9th month of the tax year;
● The 15th day of the 1st month following the end of the tax year.
IT 1140 and IT 4738 Filers:
Estimated payments are due on:
● The 15th day of the 4th month of the tax year;
● The 15th day of the 7th month of the tax year;
● The 15th day of the 10th month of the tax year;
● The 15th day of the 1st month following the end of the tax year.
If a due date falls on a weekend or holiday, the payment is due the
next business day.

2024 IT/SD 2210 - Page 4 of 4

Extracted from PDF file 2024-ohio-form-it-2210-1040.pdf, last modified October 2024

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More about the Ohio Form IT-2210-1040 Individual Income Tax Estimated TY 2024

If you failed to pay or underpaid your estimated taxes for the past tax year, you must file form IT-2210, Interest Penalty on Underpayment of Ohio Individual Income, School District Income and Pass-Through Entity Tax, to calculate any interest or penalties due with your income tax return.

We last updated the Income Tax Underpayment Interest Penalty Form in February 2025, so this is the latest version of Form IT-2210-1040, fully updated for tax year 2024. You can download or print current or past-year PDFs of Form IT-2210-1040 directly from TaxFormFinder. You can print other Ohio tax forms here.

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Other Ohio Individual Income Tax Forms:

TaxFormFinder has an additional 82 Ohio income tax forms that you may need, plus all federal income tax forms.

Form Code	Form Name
Form IT 1040ES	Income Tax Estimated Payment Vouchers and Instructions Estimated
Form IT 1040EZ	Ohio Individual Income Tax EZ Return
Form IT 40P	Income Tax Payment Voucher Voucher
Form IT 1040X	Ohio Amended Individual Income Tax Return Amended Return
Form IT 2023	Income Allocation and Apportionment Nonresident Credit and Part-Year Resident Credit Tax Credit

Download all OH tax forms View all 83 Ohio Income Tax Forms

Form Sources:

Ohio usually releases forms for the current tax year between January and April. We last updated Ohio Form IT-2210-1040 from the Department of Taxation in February 2025.

Show Sources >

Form IT-2210-1040 is an Ohio 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 Ohio Form IT-2210-1040

We have a total of ten past-year versions of Form IT-2210-1040 in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:

2024 Form IT-2210-1040

2023 Form IT-2210-1040

2022 Form IT-2210-1040

2021 Form IT-2210-1040

PIT_IT2210_2018_082118.indd

2020 Form IT-2210-1040

2019 Form IT-2210-1040

2018 Form IT-2210-1040

PIT_IT2210_2018_082118.indd

2017 Form IT-2210-1040

2016 Form IT-2210-1040

PIT_IT2210Short_2016_FS_121616.indd

2015 Form IT-2210-1040

PIT_IT2210Short_2015_FS_121015.indd

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