AR2210: Penalty for Underpayment of Estimated Tax (2024)
Arkansas · Arkansas DFA · Used for tax years 2024
Form AR2210 is used to calculate the penalty for underpayment of Arkansas estimated income tax for 2024 or indicate a qualifying exception. It includes sections for the required annual payment, installment underpayments and the penalty calculation.
Who files this form
AR2210 is used to determine the penalty for underpayment of Arkansas estimated income tax for 2024.
- If you qualify for exception 1 through 5, enter the exception in Part I and stop. Do not complete Parts II or III.
- If you do not qualify for an exception, complete Part II. If your 2024 net tax minus Arkansas income tax withheld is $1,000 or less, stop. Do not complete the rest of the schedule.
- Complete Part III if you do not qualify for an exception and your required annual payment on line 6 is more than your withholding on line 3.
- To claim exception 6, use AR2210A only, not AR2210.
The supplied text refers to a list of exceptions on the back of the form, but does not include that list.
When it's due
For tax year 2024, AR2210 lists these payment due dates:
- Column A: April 15, 2024
- Column B: June 15, 2024
- Column C: September 15, 2024
- Column D: January 15, 2025
For the 2024 penalty calculation, line 15 counts days from each payment due date to the date the underpayment was paid or April 15, 2025, whichever is earlier. This is a penalty calculation cutoff, not a stated filing deadline for AR2210.
What you'll need
Have these forms and details available to complete AR2210:
- The primary taxpayer’s legal name and Social Security number.
- Your applicable 2024 Arkansas return, AR1000F, AR1000NR, AR1002F, or AR1002NR, for net tax and Arkansas income tax withheld.
- Your applicable 2023 Arkansas return for the prior year’s net tax.
- Estimated tax payment amounts and the dates underpayments were paid, for the payment and penalty calculations.
The form refers to an exception list on its back. That list is not included in the supplied text.
How to file
If you claim exception 1 through 5, enter it in Part I and in box 52A of AR1000F/AR1000NR or box 38A of AR1002F/AR1002NR. The form directs you to attach AR2210 to AR1000F/AR1000NR.
If you calculate a penalty, enter the total from line 17 on line 52B of AR1000F/AR1000NR or line 38B of AR1002F/AR1002NR.
The supplied text does not give a mailing address or e-filing instructions.
Common mistakes
- Continuing after claiming an exception: If you qualify for exception 1 through 5, stop after Part I. Do not complete Parts II or III.
- Using AR2210 for exception 6: Use AR2210A only.
- Continuing when line 4 is $1,000 or less: The form tells you to stop and not complete the schedule.
- Calculating a penalty when every payment period is covered: If line 8 is equal to or greater than line 7 for every period, stop. You do not owe the penalty.
- Working across columns too soon: Complete lines 9 through 14 in one column before moving to the next column.
Questions people ask
How is the required annual payment calculated?
Line 6 is the smaller of 90% of your 2024 net tax or your 2023 net tax.
What if my 2024 net tax minus withholding is $1,000 or less?
Stop at line 4. The form says not to complete the schedule.
Can I use AR2210 to claim exception 6?
No. The form directs you to use AR2210A only for exception 6.
How is the penalty calculated?
For each payment period, line 16 multiplies the underpayment by the number of days on line 15, divides by 365, and multiplies by .10. Add the amounts from all columns to get the total penalty on line 17.