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sel.jaime
Returning Member

1099 tax I paid Federal penalties for not paying quarterly, but apparently you do not add for state (IL) penalties. Is this normal and I missed it? Can I add it myself?

 
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Anonymous
Not applicable

1099 tax I paid Federal penalties for not paying quarterly, but apparently you do not add for state (IL) penalties. Is this normal and I missed it? Can I add it myself?

by default TT does not compute IL 2210 penalties.   

there is a checkbox in part IV of info worksheet that you can uncheck to have 2210 penalties computed 

 

 

however the IL  2210 instructions state: 

 

Do I need to complete this form if I owe penalties?
No, you do not need to complete this form if you owe penalties. We encourage you to let us figure your penalties and send you a bill instead of completing and filing this form yourself.
If you let us figure your penalties, complete your Form IL-1040 as usual, leave Line 32 on your Form IL-1040 blank, and do not attach Form IL-2210.
However, you must complete this form if you use the annualized income installment method in Step 6; or
choose to enter the actual amount of tax withheld in each quarter in Step 2, Line 10a.
For more information, see Publication 103, Penalties and Interest for Illinois Taxes. To receive a copy of this publication, visit our website at tax.illinois.gov.

 

just to clarify it's the state tax info worksheet. 

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2 Replies
Anonymous
Not applicable

1099 tax I paid Federal penalties for not paying quarterly, but apparently you do not add for state (IL) penalties. Is this normal and I missed it? Can I add it myself?

by default TT does not compute IL 2210 penalties.   

there is a checkbox in part IV of info worksheet that you can uncheck to have 2210 penalties computed 

 

 

however the IL  2210 instructions state: 

 

Do I need to complete this form if I owe penalties?
No, you do not need to complete this form if you owe penalties. We encourage you to let us figure your penalties and send you a bill instead of completing and filing this form yourself.
If you let us figure your penalties, complete your Form IL-1040 as usual, leave Line 32 on your Form IL-1040 blank, and do not attach Form IL-2210.
However, you must complete this form if you use the annualized income installment method in Step 6; or
choose to enter the actual amount of tax withheld in each quarter in Step 2, Line 10a.
For more information, see Publication 103, Penalties and Interest for Illinois Taxes. To receive a copy of this publication, visit our website at tax.illinois.gov.

 

just to clarify it's the state tax info worksheet. 

sel.jaime
Returning Member

1099 tax I paid Federal penalties for not paying quarterly, but apparently you do not add for state (IL) penalties. Is this normal and I missed it? Can I add it myself?

Thank you so much!  I will keep an eye out for that next year. 

 

I actually thought the bill was a scam because I assumed state was taken out as well.  Second notice I finally did some checking but they were already in full rage mode.

 

Thanks again!

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