Guide to the modification for Income from Pensions, 401(k) Plans, Annuities, and Other Such Sources

The due date is approaching for 2022 Personal Income Tax returns. Don't forget Rhode Island's special modification relating to income from 401(k) plans, pensions, and certain other sources. 

View the Division's annually updated Guide to the Modification for Income from Pensions, 401(k) Plans, Annuities, and Other Such Sources (Publication 2023-01) to see if you qualify. 

Latest Administrative Decision

In the latest Administrative Decision, the issue addressed is whether the Taxpayer owes additional income tax, interest, and a penalty for the tax year 2018.

Details are contained in Administrative Decision 2023-02.

Extension filing: extension is for filing only – payment due by original due date

The Rhode Island Division of Taxation today provides guidance for taxpayers and tax professionals regarding personal income tax extension filing.

If a taxpayer is unable to file a return by the due date, a proper extension must be filed. This year both the Federal and Rhode Island due date for personal income tax filings and payments is April 18^th.

More information is available in Advisory 2023-09.

Latest declaratory ruling

The Rhode Island Division of Taxation has posted its latest declaratory ruling. Ruling No. 2023-01 was issued after a taxpayer requested a ruling regarding the interpretations of Rhode Island law relating to the application of sales and use tax on the Taxpayer’s various offerings.