210R: Underpayment of Individual Income Penalty Computation for Resident Filers (2024)
Louisiana · Louisiana LDR · Used for tax years 2024
Louisiana Form R-210R is used by resident filers to compute the underpayment penalty for individual income tax for 2024. It calculates required payments, underpayments or overpayments for each period, applicable exceptions, and the total penalty. Attach it to Form IT-540.
Who files this form
Form R-210R is for resident filers to compute an underpayment penalty for the 2024 taxable year. The form directs filers to attach it to Form IT-540.
If you meet Exception 1, you do not owe an underpayment penalty and do not need to file Form R-210R. The form refers to a worksheet in the instructions for this exception, but those instructions were not provided.
When it's due
For the 2024 taxable year, the form lists these installment due dates:
- April 15, 2024
- June 15, 2024
- September 15, 2024
- January 15, 2025
The form does not state a separate filing deadline for Form R-210R.
What you'll need
Have Form IT-540 and the information requested on Form R-210R ready:
- Names, in the order shown on the tax return, and Social Security numbers for you and your spouse, if applicable.
- Your 2024 and 2023 tax liability amounts.
- Whether you filed a 2023 return and whether you filed as a part-year resident that year.
- The number of payments required for the year, amounts paid for each period, and payment dates.
Several lines refer to instructions that were not provided, including how to determine tax liability and payment amounts.
How to file
Attach Form R-210R to your Form IT-540. Print or type your entries.
Add the penalty amounts on Line 18 and enter the total on Line 19. Also enter that total on:
- Form IT-540, Line 32, if you have an overpayment.
- Form IT-540, Line 45, if you have a balance due.
The provided form does not give a mailing address or e-filing directions.
Common mistakes
- Using the wrong amount on Line 3: Normally, enter the smaller of Lines 1 and 2. If you did not file a 2023 return or filed as a part-year resident for 2023, use Line 1 instead.
- Entering a carryforward for the first period: The form says no carryforward can be shown for that period.
- Reversing the signs on Line 9: A positive number is an overpayment. A negative number is an underpayment. Move that number to Line 7 of the next column.
- Using Exceptions 2 or 3 after filing as a part-year resident in 2023: The form says these exceptions do not apply in that situation.
- Filing this form when you meet Exception 1: The form says to stop because no underpayment penalty is owed and this form does not need to be filed.
Questions people ask
What if I did not file a tax return for 2023?
Use the amount from Line 1, your 2024 tax liability, on Line 3.
How do I calculate the required payment on Line 5?
Divide the amount on Line 3 by the number of payments on Line 4. The form also refers to instructions for this line, but those instructions were not provided.
Can a carryforward be negative?
Yes. Line 7 allows a positive or negative carryforward from the previous period’s Line 9. No carryforward is allowed for the first period.
Where does the total penalty go on Form IT-540?
Enter the Line 19 total on Form IT-540, Line 32, if you have an overpayment, or Line 45 if you have a balance due.