Deadline is September 15 for estimated payments

The Rhode Island Division of Taxation reminds taxpayers and tax professionals that September 15 is the deadline for filing and payment of the third quarter installment of estimated taxes under the Rhode Island personal income tax.

Pass-through withholding filers should note that form 1096PT-ES is no longer in use. Starting with Tax Year 2023, pass-through withholding must be reported on a schedule that will be part of Forms RI-1041, RI-1065 and RI-1120S.  This means that estimated payments for pass-through withholding for periods beginning with tax year 2023 should be made on either Form RI-1041ES (for Fiduciary filers) or BUS-EST (for corporate filers). 

Details are available in Advisory 2023-14.

Earned Income Tax Credit

The Rhode Island Division of Taxation reminds taxpayers that the passage of House Bill 5200, Substitute A, as amended, increased the Rhode Island earned income tax credit (EITC) for Tax Years beginning on or after January 1, 2024, to 16% of the federal credit. The refundable portion continues to be 100% of the amount by which the Rhode Island EITC exceeded the Rhode Island income tax.

Details are available in Advisory 2023-13.

Annual report on tax credits, incentives

The Division of Taxation has posted on its website its latest annual tax credit and incentive report, as required by Rhode Island statute.

The latest report identifies 13 businesses that received a combined total of over $38 million in certain state tax credits and incentives for the fiscal year that ended June 30, 2023.

Historic tax credits

A separate part of the report shows, in the aggregate, certain information related to projects that have requested certification under Rhode Island’s historic preservation tax credit program of 2013.

The report shows, in the aggregate, the number of jobs created, the number of Rhode Island businesses retained for work, the total amount of qualified rehabilitation expenditures, and the cost of materials or products purchased from Rhode Island businesses. 

The full report is available on the Division's website.

Attn Tax Portal users:

The Division’s Tax Portal at https://taxportal.ri.gov will be unavailable from:

3:30 p.m. Friday, August 11th
                until
8:30 a.m. Tuesday, August 15th

Technical issues resolved

The tax portal is now available and taxpayers are able to file and make payments on the portal.  Taxpayers making a filing or payment on the portal for taxes due on July 31, 2023, must file and pay by 4:30 today, Thursday, August 3, 2023, to avoid the assessment of interest and penalty.  The Division of Taxation appreciates your patience and understanding.

Update: Technical issues

Due to technical issues outside of the control of the Division of Taxation, on July 31, 2023, filings and payments were impacted by temporarily unavailable or intermittent service on the Division’s tax portal.  

The tax portal remains temporarily unavailable.  

If you make your filing or payment for taxes due on July 31, 2023 on the tax portal by 4:30 pm on Thursday, August 3, 2023, then no interest or penalty will be assessed.  

Please check tax.ri.gov for the most recent updates.

Update: Technical issues

Due to technical issues outside of the control of the Division of Taxation, on July 31, 2023, filings and payments were impacted by temporarily unavailable or intermittent service on the Division’s tax portal. The tax portal remains temporarily unavailable.

If you make your filing or payment for taxes due on July 31, 2023 on the tax portal by 4:30 pm on Wednesday, August 2, 2023, then no interest or penalty will be assessed.

Please check tax.ri.gov for the most recent updates.