This version of the form is not currently in use and is provided for reference only. Download this version of IRS Form 2220 for the current year.
This is a tax form that was released by the Internal Revenue Service (IRS) - a subdivision of the U.S. Department of the Treasury. Check the official IRS-issued instructions before completing and submitting the form.
Q: What is IRS Form 2220?
A: IRS Form 2220 is used by corporations to calculate and pay any underpayment of estimated tax.
Q: Who needs to file IRS Form 2220?
A: Corporations that have underpaid their estimated tax are required to file IRS Form 2220.
Q: How is underpayment of estimated tax calculated?
A: Underpayment of estimated tax is calculated by comparing the estimated tax payments made by the corporation to the actual tax liability for the year.
Q: What happens if a corporation underpays its estimated tax?
A: If a corporation underpays its estimated tax, it may be subject to penalties and interest.
Form Details:
Download a fillable version of IRS Form 2220 through the link below or browse more documents in our library of IRS Forms.