Drake Tax - MI - Suppress Form 2210

Article #: 14226

Last Updated: December 05, 2024

 


Tags: Drake Tax

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Overview

The Michigan Form 2210, Underpayment of Estimated Income Tax, is used to determine if you owe penalties and/or interest for failing to make estimated payments or for underpaying the estimated tax due.

Per the MI 2210 Instructions:

"Because this is a complicated form, you may choose to have Treasury compute your interest and penalty and send you a bill instead of filing the form yourself. If you want Treasury to figure your interest, complete your MI-1040 form as usual, leaving the interest line blank, and do not attach form MI-2210. Interest computed on this form and penalty charged for failing to file or underpaying estimates will be the same regardless of whether you pay with your return or if Treasury bills you."

Suppress

In Drake Tax, if you would like the Michigan Treasury to compute your interest and penalties for you, you can suppress the form from producing. To accomplish this, from data entry, go to the States tab > MI > PRNT screen and select the Suppress check box next to 2210. Checking this box will prevent the Form 2210 from producing in the View/Print mode.