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Rhode Island Fiduciary Return Only
Extracted from PDF file 2023-rhode-island-form-1041.pdf, last modified August 2017Fiduciary Return Only
State of Rhode Island Division of Taxation 2023 RI-1041 23101799990101 Fiduciary Income Tax Return You must check a box: Name of estate or trust Estates and Trusts Name and title of fiduciary Bankruptcy Estate Address 1 Amended Return Address 2 City, town or post office Year End Calendar Year: 01/01/2023 through 12/31/2023 Federal employer identification number E-mail address State ZIP code Fiscal Year: beginning MM/DD/2023 through MM/DD/2024 Income 1 Federal total income of fiduciary from Federal Form 1041, line 9............................................................................... 2 Modifications increasing federal total income from Schedule M, line 2l................... 2 3 Modifications decreasing federal total income from Schedule M, line 1w................ 3 1 4 Net modifications. Combine lines 2 and 3 ................................................................................................................. 4 5 Modified federal total income. Combine lines 1 and 4 (add net increases or subtract net decreases) ...................... 5 6 Federal total deductions from Federal Form 1041, lines 16 and 22 (see instructions) ............................................ 6 7 RI taxable income. Subtract line 6 from line 5 ........................................................................................................... 7 8 Rhode Island income tax from RI-1041 Tax Computation Worksheet ........................................................................ 8 9 Allocation. Enter amount from page 3, line 35 (resident estate or trusts enter 1.0000) ......................................... 9 10 Rhode Island income tax after allocation. Multiply line 8 by line 9........................................................................... _ . _ _ _ _ 10 11 Credit for income taxes paid to other states from page 3, line 41 (resident only)............. 11 12 Other Rhode Island credits from RI Schedule CR, line 9 ........................................ 12 13 Total Rhode Island credits. Add lines 11 and 12 ......................................................................................................... 13 14 a Rhode Island income tax after Rhode Island credits. Subtract line 13 from line 10 (not less than zero) .................... 14a b Recapture of Prior Year Other Rhode Island Credits from RI Schedule CR, line 12................................................... 14b c Electing Small Business Trust Tax (see instructions)................................................................................................ 14c d RI Pass-Through Withholding from RI Schedule PTW - 1041, line 13........................................................................ 14d e Reserved for future use............................................................................................................................................... 14e f TOTAL RHODE ISLAND TAX AND WITHHOLDING. Add lines 14a through 14e...................................................... 14f Revised 09/2023 State of Rhode Island Division of Taxation 2023 RI-1041 23101799990102 Fiduciary Income Tax Return Name of estate or trust Federal employer identification number 14 g Total tax and withholding from page 1, line 14f............................................................................................................ 14g 15a Rhode Island 2023 income tax withheld from RI Schedule W, line 16..................... 15a All Forms W-2 and 1099 with RI withholding AND RI Schedule W must be attached. b Payments on 2023 Form RI-1041ES and credits carried forward from 2022.......... 15b c Nonresident real estate withholding (nonresident estate or trust only)............... 15c d Rhode Island pass-through withholding paid on entity’s behalf............................... 15d e Other payments ....................................................................................................... 15e f Total payments. Add lines 15a through 15e................................................................................................................. 15f g Previously issued overpayments (if filing an amended return).................................................................................... 15g h NET PAYMENTS. Subtract line 15g from line 15f....................................................................................................... 15h 16a TAX DUE. If line 14g is larger than line 15h, SUBTRACT line 15h from line 14g... 16a b Enter underestimating interest due. Add to line 16a or subtract from line 17.......... 16b c TOTAL AMOUNT DUE. Add lines 16a and 16b.......................................................................................................... 16c 17 If line 15h is larger than line 14g, SUBTRACT line 14g from 15h. This is the amount you overpaid. If there is an amount due for underestimating interest on line 16b, subtract line 16b from line 17............................. 17 18 Amount of overpayment to be refunded...................................................................................................................... 18 19 Amount of overpayment to be applied to 2024 estimated tax ..................................................................................... 19 Under penalties of perjury, I declare that I have examined this return and accompanying schedules and statements, and to the best of my knowledge and belief, it is true, accurate and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge. Authorized officer signature Print name Date Telephone number Paid preparer signature Paid preparer address Print name Date City, town or post office State ZIP Code May the Division of Taxation contact your preparer? YES Mail to RI Division of Taxation - One Capitol Hill - Providence, RI 02908 page 2 Telephone number PTIN State of Rhode Island Division of Taxation 2023 RI-1041 23101799990103 Fiduciary Income Tax Return Name of estate or trust Federal employer identification number SCHEDULE I BENEFICIARY INFORMATION (All estates and trusts must complete this schedule) If more space is needed, please attach the required information on a separate sheet of paper. State of Residence Social Security Number Name Address 20 Beneficiary ....... 21 Beneficiary ....... 22 Beneficiary ....... 23 Beneficiary ....... 24 Beneficiary ....... 25 Beneficiary ....... SCHEDULE II ALLOCATION AND MODIFICATION Column A Beneficiary ... 27 Beneficiary ... 28 Beneficiary.... 29 Beneficiary ... 30 Beneficiary ... 31 Beneficiary..... 32 Total ..................... Resident Beneficiaries 26 Nonresident Beneficiaries Percent of beneficiaries’ interest (must equal 100%) Column B (To be completed by trusts and estates with nonresident beneficiaries) Column C Column D Column E Column A times total federal income page 1, line 1 Column A times total net modifications page 1, line 4 Combine Columns B and C. (add net increases or subtract net decreases.) Residents enter amount from col D. Nonresidents enter RI source income from col B. Total Federal Income Modifications to Federal Income Modified Federal Income Total RI Source Income 100% 33 Modifications to Rhode Island source income. Enter amount from column C that is included in column E .............. 33 34 Modified Rhode Island source income. Combine lines 32, col E and 33 (add net increases - subtract net decreases) 34 35 RI allocation. Divide line 34 by line 32, col D (not greater than 1.000). Enter here and on RI-1041, page 1, line 9.. 35 SCHEDULE III 36 37 38 39 40 41 42 _ . _ _ _ _ CREDIT FOR INCOME TAXES PAID TO ANOTHER STATE (resident estates or trusts only) Rhode Island income tax from page 1, line 8 ............................................................................................................. 36 Income from other state. If more than one state, see instructions.............................................................................. 37 Modified federal total income from page 1, line 5........................................................................................................ 38 Divide line 37 by line 38 .............................................................................................................................................. 39 Multiply line 36 by line 39 ............................................................................................................................................ 40 Tax due and paid to other state ........................................ Insert abbreviation for name of state paid 41 Maximum tax credit (line 36, 40 or 41, whichever is the SMALLEST). Enter here and on RI-1041, page 1, line 11. 42 page 3 _ . _ _ _ _
RI-1041 - Fiduciary Income Tax Return
More about the Rhode Island Form 1041 Corporate Income Tax TY 2023
We last updated the Fiduciary Return Only in February 2024, so this is the latest version of Form 1041, fully updated for tax year 2023. You can download or print current or past-year PDFs of Form 1041 directly from TaxFormFinder. You can print other Rhode Island tax forms here.
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TaxFormFinder has an additional 78 Rhode Island income tax forms that you may need, plus all federal income tax forms. These related forms may also be needed with the Rhode Island Form 1041.
| Form Code | Form Name |
|---|---|
| Form 1041 Schedule W | Fiduciary Schedule W - Rhode Island W-2 and 1099 Information |
| Form RI-1041 Worksheet | Fiduciary Rate Worksheet |
| Form 1041 Schedule M | Fiduciary Schedule M - Rhode Island Modifications to Federal Total Income |
| Form 1041ES | 2015 1041 Fiduciary Estimated Tax Coupons for Trusts & Estates |
| Form 1041MU | Credit for Taxes Paid to Other State (multiple) |
| Form RI-1041 Schedule CR | Fiduciary Schedule CR - Other Rhode Island Credits |
View all 79 Rhode Island Income Tax Forms
Form Sources:
Rhode Island usually releases forms for the current tax year between January and April. We last updated Rhode Island Form 1041 from the Division of Taxation in February 2024.
About the Corporate Income Tax
The IRS and most states require corporations to file an income tax return, with the exact filing requirements depending on the type of company.
Sole proprietorships or disregarded entities like LLCs are filed on Schedule C (or the state equivalent) of the owner's personal income tax return, flow-through entities like S Corporations or Partnerships are generally required to file an informational return equivilent to the IRS Form 1120S or Form 1065, and full corporations must file the equivalent of federal Form 1120 (and, unlike flow-through corporations, are often subject to a corporate tax liability).
Additional forms are available for a wide variety of specific entities and transactions including fiduciaries, nonprofits, and companies involved in other specific types of business.
Historical Past-Year Versions of Rhode Island Form 1041
We have a total of twelve past-year versions of Form 1041 in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:
2023 Form 1041
RI-1041 - Fiduciary Income Tax Return
2022 Form 1041
Microsoft Word - Incentive and Credit Overview for DLT
2021 Form 1041
Microsoft Word - Incentive and Credit Overview for DLT
2020 Form 1041
Microsoft Word - Incentive and Credit Overview for DLT
2019 Form 1041
Microsoft Word - Incentive and Credit Overview for DLT
2018 Form 1041
Microsoft Word - Incentive and Credit Overview for DLT
2017 Form 1041
Microsoft Word - Incentive and Credit Overview for DLT
2016 Form 1041
Layout 1
2015 Form 1041
RI-1041_Layout 1
2014 Form 1041
RI-1041_Layout 1
2013 Form 1041
2013 1041 Return_Layout 1
2012 Form 1041
2012 1041 Return.qxp
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