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Form RI-941 is a new form intended to be filed starting in 2020 by: 1) Those employers eligible to remit, on a Quarterly basis, the Rhode Island state income tax withheld from employees' wages.
Rhode Island Rhode Island is one of several New England states to rank among those with the highest effective tax burden. The high tax burden is driven in part by the state's 7.0% sales tax \u2014 the second highest sales tax rate of among states. Property taxes are also high in Rhode Island.
Every part-year individual who was a resident for a period of less than 12 months is required to file a Rhode Island return if he or she is required to file a federal return.
If you are self-employed, you are required to file taxes if you earned more than $400 in self-employment income. If you pay special taxes, then you must file even if you don't meet the filing threshold.
If you want to make changes after the original tax return has been filed, you must file an amended tax return using a special form called the 1040-X, entering the corrected information and explaining why you are changing what was reported on your original return. You don't have to redo your entire return, either.
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With FreeTaxUSA, you can prepare and file your federal and Rhode Island personal income tax returns online at no charge if: Your federal adjusted gross income for 2021 was $41,000 or less; or. You are active duty military with federal adjusted gross income for 2021 of $73,000 or less.
Rhode Island has a graduated individual income tax, with rates ranging from 3.75 percent to 5.99 percent. Rhode Island also has a 7.00 percent corporate income tax rate. Rhode Island has a 7.00 percent state sales tax rate and does not levy local sales taxes.
If you are a Rhode Island resident and you are required to file a federal return, you must also file a Rhode Island return. Even if you are not required to file a federal return, you may still have to file a Rhode Island return if your income exceeds the amount of your personal exemption.
The RI-1040 Resident booklet contains returns and instructions for filing the 2021 Rhode Island Resident Individual Income Tax Return.
RESIDENT INDIVIDUALS \u2013 Every resident individual of Rhode Island who is required to file a federal income tax return must file a Rhode Island individual income tax return (RI-1040).

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