OLT.com Customer Service Knowledge Base
Support Center > Knowledge base> Category: Rhode Island
Category: Rhode Island
20 Articles
Orange arrow Rhode Island Section 179 Depreciation

3354 views
  SECTION 179 DEPRECIATION Rhode Island passed a bill disallowing the increase in the Section 179 depreciation under the Jobs & Growth Tax Relief Reconciliation Act of 2003. Section 179 depreciation will remain limited to $25,000 for Rhode Island income tax purposes. When filing your Rhode Island...
Posted in: States, Rhode Island

Orange arrow How can I amend my return?

2082 views
  AMENDED RETURNS Report any changes to your original filing on Form RI-1040, and check the Amended checkbox. Using the Supplement to Individual Income Tax Return, provide an explanation of changes to your income, deductions or credits. Attach the supplement to your amended return along with all sche...
Posted in: States, Rhode Island

Orange arrow Rhode Island Bonus Depreciation

2736 views
  BONUS DEPRECIATION A bill passed disallowing the federal bonus depreciation for Rhode Island tax purposes. When filing a Rhode Island tax return any bonus depreciation taken for federal purposes must be added back to income as a modification on RI Schedule M - page 2, line 2d for Rhode Island purpo...
Posted in: States, Rhode Island

Orange arrow Can I e-file my Rhode Island state return without e-filing my federal return?

2114 views
  E-filing of a state only return is no longer allowed. If you wish to file a state only return, you will need to print and mail the documents. You will need to first input your federal information in order for to calculate your state return properly....
Posted in: States, Rhode Island

Orange arrow Rhode Island Modifications To Federal AGI

2628 views
  Modifications Decreasing Federal AGI: Income from obligations of the US government included in Federal AGI but exempt from state income taxes reduced by investment interest on the obligations taken as a federal itemized deduction. Rhode Island fiduciary adjustment as beneficiary of an estate or t...
Posted in: States, Rhode Island

Orange arrow Rhode Island Contributions

1862 views
  These checkoff contributions will increase your tax due or reduce your refund. All checkoff contributions are voluntary. A contribution to the following programs may be made by checking the appropriate box(es) or by entering the amount you want to contribute. All such contributions are deposited as...
Posted in: States, Rhode Island

Orange arrow Rhode Island Forms

1934 views
  Rhode Island Forms may be obtained by: Visiting the division of taxations website, http://www.tax.ri.gov or Calling the division of taxation's forms request line at 401-574-8970...
Posted in: States, Rhode Island

Orange arrow Rhode Island Property Tax Relief Claim

2046 views
  Form RI-1040H must be filed by April 15, 2022. Even if you are seeking a filing extension for your Rhode Island income tax return, RI-1040, Form RI-1040H must be filed by April 15, 2022. An extension of time to file Form RI-1040, does NOT extend the time to file Form RI-1040H. If filing with Fo...
Posted in: States, Rhode Island

Orange arrow Rhode Island Payment Options

1801 views
  How To Prepare Your Payment Make your check or money order payable to the "R.I. Division of Taxation." Do not send cash. Make sure the name and address appears on the check or money order. Write "Form RI-1040V," daytime phone number and social security number on your check or money order. Send pay...
Posted in: States, Rhode Island

Orange arrow Rhode Island Allocation of Wage and Salary Number of Days Worked

2621 views
  Non-Resident Schedule II - Part 2 - ALLOCATION OF WAGE AND SALARY INCOME TO RHODE ISLAND Line 1 – Wages, Salaries, Tips, Etc.: Enter total amount of wages, salaries, tips, commissions, etc. reported on your federal return. Line 2 – Total Number of Days: Enter the total number of d...
Posted in: States, Rhode Island

Orange arrow How do I determine if I am a resident of Rhode Island?

1843 views
  “Resident” means an individual who is domiciled in the State of Rhode Island or an individual who maintains a permanent place of abode in RhodeIsland and spends more than 183 days of the year in Rhode Island. For purposes of the above definition, domicile is found to be a place an indi...
Posted in: States, Rhode Island

Orange arrow Rhode Island Use Tax

1802 views
  WHAT IS A USE TAX? A Use Tax is a tax on the use of tangible personal property in a state where the property has not been subject to the sales tax. Rhode Island Use Tax applies when merchandise purchased outside of Rhode Island is brought into Rhode Island. Sales and use taxes are complementary t...
Posted in: States, Rhode Island

Orange arrow Rhode Island Electoral System Contribution

2595 views
  ELECTORAL SYSTEM CONTRIBUTION You may designate a contribution of five dollars ($5) or ten dollars ($10) if married and filing a joint return, to the account for the public financing of the electoral system. The first two dollars ($2) or four dollars ($4) if married and filing a joint return, up t...
Posted in: States, Rhode Island

Orange arrow How can I file an extension for my Rhode Island state taxes?

1952 views
  EXTENSION OF TIME Any extension of time granted for filing an individual income tax return shall not operate to extend the time for the payment of any tax due on such return. In General - (1) An individual who is required to file a Rhode Island income tax return shall be allowed an automatic si...
Posted in: States, Rhode Island

Orange arrow Who is required to file a Rhode Island state return?

2636 views
  RESIDENT INDIVIDUALS - Every resident individual of Rhode Island required to file a federal income tax return must file a Rhode Island individual income tax return (RI-1040 or RI-1040S). A resident individual who is not required to file a federal income tax return may be required to file a Rhode I...
Posted in: States, Rhode Island


Page: 1 of 2