Instructions for Form IT-2105.9 Underpayment of Estimated Tax by Individuals and Fiduciaries - New York

Form IT-2105.9 Underpayment of Estimated Tax by Individuals and Fiduciaries - New York

This document contains official instructions for Form IT-2105.9 , Underpayment of Estimated Tax by Individuals and Fiduciaries - a form released and collected by the New York State Department of Taxation and Finance. An up-to-date fillable Form IT-2105.9 is available for download through this link.

FAQ

Q: What is Form IT-2105.9?
A: Form IT-2105.9 is a New York tax form used by individuals and fiduciaries to calculate and report underpayment of estimated tax.

Q: Who needs to file Form IT-2105.9?
A: Individuals and fiduciaries who did not pay enough estimated tax during the year may need to file Form IT-2105.9.

Q: What is the purpose of Form IT-2105.9?
A: The purpose of Form IT-2105.9 is to determine if a taxpayer owes any additional tax due to underpayment of estimated tax.

Q: When should I file Form IT-2105.9?
A: Form IT-2105.9 should be filed by the due date of your annual tax return, usually April 15th for calendar year filers.

Q: How do I fill out Form IT-2105.9?
A: You will need to provide information about your income, withholdings, and estimated tax payments on Form IT-2105.9. Follow the instructions on the form carefully.

Q: What happens if I don't file Form IT-2105.9?
A: If you are required to file Form IT-2105.9 and fail to do so, you may be subject to penalties and interest on any underpaid tax.

Q: Can I pay any additional tax owed with Form IT-2105.9?
A: No, Form IT-2105.9 is used only to determine the amount of underpayment. Any additional tax owed should be paid separately.

Q: What if I have questions or need help with Form IT-2105.9?
A: You can contact the New York State Department of Taxation and Finance for assistance with Form IT-2105.9.