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Rhode Island Partnership Income Tax Return to be filed by LLCs, LLPs, LPs and Partnerships
Extracted from PDF file 2023-rhode-island-form-1065.pdf, last modified April 2012Partnership Income Tax Return to be filed by LLCs, LLPs, LPs and Partnerships
State of Rhode Island Division of Taxation 2023 RI-1065 23110599990101 Partnership Income Return Federal employer identification number RI Secretary of State ID number For the taxable year from MM/DD/2023 through MM/DD/YYYY Name Address 1 Address 2 City, town or post office State E-mail address NAICS code Initial Return Entity type: ZIP code Short Year ProForma Final Return Amended Return LLC LLP LP Partnership Address Change SMLLC A Gross Receipts............................................................................................................................................... A B Depreciable Assets......................................................................................................................................... B C Total Assets..................................................................................................................................................... C Schedule A - Computation of Tax Attach a complete copy of all pages and schedules of the federal return including all K-1’s 1 Federal taxable income ................................................................................................................................. 1 2 Total Deductions from page 2, Schedule B, line 1e ........................................................................................ 2 3 Total Additions from page 2, Schedule C, line 1f ............................................................................................ 3 4 Adjusted taxable income. Line 1 less line 2 plus line 3.................................................................................. 4 5 Rhode Island Apportionment Ratio from page 4, Schedule I, line 5 ............................................................... 5 6 Apportioned Rhode Island taxable income. Multiply line 4 times line 5 ......................................................... 6 7 a Rhode Island Annual Fee - $400.00............................................... 7a IMPORTANT: If entity is a general partnership, enter 0 on lines 7a and 7b. No annual fee is due. All others continue to line 7a. b Jobs Growth Tax............................................................................ 7b c RI Pass-through Withholding from RI Schedule PTW, line 13..... 7c d RESERVED FOR FUTURE USE................................................... 7d 8 a TOTAL TAX AND WITHHOLDING. Add lines 7a through 7d.......................................................................... 8a Due on or before the 15th day of the 3rd month following the close of the taxable year SMLLC entities please see instructions for information on the due date of your return Mail to RI Division of Taxation - One Capitol Hill - Providence, RI 02908 _.______ Check if a Jobs Growth Tax is being reported on line 7b. State of Rhode Island Division of Taxation 2023 RI-1065 23110599990102 Partnership Income Return Name Federal employer identification number 8 b Total tax and withholding from page 1, Schedule A, line 8a............................................................................ 8b 9 a Payments made on 2023 declaration of estimated tax.................. 9a b Rhode Island pass-through withholding paid on entity’s behalf..... 9b c Nonresident withholding on real estate sales in 2023........................ 9c d Other payments.............................................................................. 9d 10 TOTAL PAYMENTS. Add lines 9a through 9d................................................................................................ 10 11 Net tax due. Subtract line 10 from line 8b...................................................................................................... 11 12 (a) Interest _______________ (b) Penalty________________ (c) Form 2220 Interest _______________ 12 13 Total due with return. Add lines 11 and 12. (Use Form BUS-V)..................................................................... 13 14 Overpayment. Subtract lines 8b and 12 from line 10..................................................................................... 14 15 Amount of overpayment to be credited to 2024 estimated tax........................................................................ 15 16 Amount to be refunded. Subtract line 15 from line 14.................................................................................... 16 Schedule B - Deductions to Federal Taxable Income 1 a Exempt interest............................................................................................................................................... 1a b Bonus depreciation and Section 179 expense adjustment............................................................................. 1b c Modification for Tax Incentives for Employers under R.I. Gen. Laws §44-55. Attach Form RI-107............... 1c d Cash Basis Only - Deductions for Pass-Through Entity Tax Claimed in prior year (see instructions)............... 1d e TOTAL DEDUCTIONS. Add lines 1a, 1b, 1c, and 1d. Enter here and on page 1, Schedule A, line 2.......... 1e Schedule C - Additions to Federal Taxable Income 1 a Interest (see instructions)................................................................................................................................ 1a b Bonus depreciation adjustment....................................................................................................................... 1b c Intangible addback.......................................................................................................................................... 1c d Pass-through Entity Tax Elected to be Paid under R.I. Gen. Laws §44-11-2.3.............................................. 1d e Taxable portion of Paycheck Protection Program loan amount under R.I. Gen. Laws §44-11-11(see instructions).. 1e f TOTAL ADDITIONS. Add lines 1a,1b, 1c, 1d, and 1e. Enter here and on page 1, Schedule A, line 3........ page 2 1f State of Rhode Island Division of Taxation 2023 RI-1065 23110599990103 Partnership Income Return Name Federal employer identification number Schedule D - Rhode Island Credits Complete RI Schedule CR-PT, Other RI Credits for RI-1065 and RI-1120S filers, if the entity has credits passing through to its members. Schedule E - Other Deductions to Federal Taxable Income 1 Elective Deduction for New Research and Development Facilities under R.I. Gen. Laws §44-32-1.............. 1 2 Qualifying Investment in a Certified Venture Capital Partnership under R.I. Gen. Laws §44-43-2................ 2 Schedule F - Final Determination of Net Income by Federal Government Has the Federal Government changed your taxable income for any prior year which has not yet been reported to The Tax Administrator?................... Yes No If yes, complete an amended Form RI-1065 immediately (see instructions) and submit to the Tax Administrator with any remittance that may be due. Changes made by the Federal Government in the income of any prior year must be reported to the Tax Administrator within 60 days after a final determination. Schedule G - General Information Location of principal place of business in Rhode Island Location of corporation’s books and records List states to which you are liable for income or excise taxes for the taxable year President Treasurer State and date of incorporation Schedule H - Federal Taxable Income Enter amount for year that ended: 2023 2022 2021 2020 2019 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 page 3 Telephone number PTIN State of Rhode Island Division of Taxation 2023 RI-1065 23110599990104 Partnership Income Return Name Federal employer identification number Schedule I - Apportionment Check if utilizing an alternative allocation apportionment calculation allowed under 44-11-14.1 through 44-11-14.6 Column A Rhode Island Column B Everywhere AVERAGE NET BOOK VALUE 1 a Inventory......................................................................................... 1a b Depreciable assets........................................................................ 1b c Land............................................................................................... 1c d Rent (8 times annual net rental rate)............................................. 1d e Total. Add lines 1a, 1b, 1c and 1d................................................ 1e 1f _.______ k Ratio in Rhode Island, line 2j, Col. A divided by line 2j, Col. B. Calculate to six (6) decimal places....... 2k _.______ f Ratio in Rhode Island. Line 1e, Col. A divided by line 1e, Col. B. Calculate to six (6) decimal places...... 2 a Gross receipts................. { Rhode Island Sales................................ 2a Sales Under 44-11-14(a)(2)(i)(B)........... b Dividends....................................................................................... 2b c Interest........................................................................................... 2c RECEIPTS d Rents.............................................................................................. 2d e Royalties........................................................................................ 2e f Capital gains.................................................................................. 2f g Ordinary income............................................................................ 2g RATIO SALARIES h Other income.................................................................................. 2h i Income exempt from federal taxation............................................. 2i j Total. Add lines 2a, 2b, 2c, 2d, 2e, 2f, 2g, 2h and 2i..................... 2j 3 a Salaries and wages paid or incurred.............................................. 3a b Ratio in Rhode Island. Line 3a, Col. A divided by line 3a, Col. B. Calculate to six (6) decimal places..... 3b _.______ 4 Total of Rhode Island ratios shown on lines 1f, 2k and 3b.................................................................... 4 _.______ 5 Apportionment Ratio. Divide line 4 by the number 3 or the number of ratios used. Enter here and on pg 1, Sch. A, line 5........................................................................................................................................................ 5 _.______ page 4
RI-1065 - Partnership Income Return
More about the Rhode Island Form 1065 Corporate Income Tax Tax Return TY 2023
We last updated the Partnership Income Tax Return to be filed by LLCs, LLPs, LPs and Partnerships in February 2024, so this is the latest version of Form 1065, fully updated for tax year 2023. You can download or print current or past-year PDFs of Form 1065 directly from TaxFormFinder. You can print other Rhode Island tax forms here.
Related Rhode Island Corporate Income Tax Forms:
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 1065.
| Form Code | Form Name |
|---|---|
| Form 1065V | Partnership Income Tax Payment Voucher |
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 1065 from the Division of Taxation in February 2024.
Form 1065 is a Rhode Island Corporate Income Tax form. Like the Federal Form 1040, states each provide a core tax return form on which most high-level income and tax calculations are performed. While some taxpayers with simple returns can complete their entire tax return on this single form, in most cases various other additional schedules and forms must be completed, depending on the taxpayer's individual situation, to create a complete income tax return package.
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 1065
We have a total of twelve past-year versions of Form 1065 in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:
2023 Form 1065
RI-1065 - Partnership Income Return
2022 Form 1065
Microsoft Word - Incentive and Credit Overview for DLT
2021 Form 1065
Microsoft Word - Incentive and Credit Overview for DLT
2020 Form 1065
Microsoft Word - Incentive and Credit Overview for DLT
2019 Form 1065
Microsoft Word - Incentive and Credit Overview for DLT
2018 Form 1065
Microsoft Word - Incentive and Credit Overview for DLT
2017 Form 1065
Microsoft Word - Incentive and Credit Overview for DLT
2016 Form 1065
2016 RI-1065_Layout 1
2015 Form 1065
2015 RI-1065_Layout 1
2014 Form 1065
2014 RI-1065_Corp Forms
2013 Form 1065
2013 RI-1065_Corp Forms
2012 Form 1065
2012 RI-1065.qxp
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