Thursday, February 16, 2023

Free tax preparation software is available for many taxpayers

The Rhode Island Division of Taxation, in partnership with the Free File Alliance, reminds taxpayers that many Rhode Islanders qualify for the Free File program. The program allows filers to use name-brand tax preparation software to prepare and file their state and federal income taxes at no cost.

More information is Available in Advisory 2023-06.

Tuesday, February 14, 2023

Update on IRS guidance regarding Child Tax Rebate

On February 10, 2023, the IRS provided guidance determining that the Child Tax Rebate issued by Rhode Island is not taxable and should not be included within federal adjusted gross income. The Rhode Island Division of Taxation today provides updated guidance regarding the taxability of the Child Tax Rebate. 

Details are available in Advisory 2023-05.