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Rhode Island Rhode Island Schedule K-1
, or request a six-month extension here .Extracted from PDF file 2024-rhode-island-schd-k-1.pdf, last modified April 2012Rhode Island Schedule K-1
State of Rhode Island Division of Taxation RI Schedule K-1 - 2024 Taxpayer’s Share of Income, Deductions, Credits, Etc. PASS-THROUGH ENTITY INFORMATION IMAGEONLY PARTNER/SHAREHOLDER/BENEFICIARY INFORMATION Federal identification number: Taxpayer identification number: Name, address, city, state and ZIP code: Name, address, city, state and ZIP code: Entity type: S-Corp LLC Partnership INCLUDED IN COMPOSITE FILING (RI-1040C) Fiduciary AMENDED K-1 Partner/Shareholder is a Grantor Trust. FINAL K-1 Complete Section VIII Taxpayer’s State of Residency: Taxpayer’s RI Apportionment Percentage: Taxpayer’s Ownership Percentage: Taxpayer’s share of profit (or loss): _.______ _.______ _.______ SECTION I - TAXPAYER’S INCOME AND DEDUCTION INFORMATION 1 Ordinary Business Income Apportioned to Rhode Island ............................................................................................... 1 2 Interest and Dividends Apportioned to Rhode Island ...................................................................................................... 2 3 Income from the Sale or Exchange of Property Apportioned to Rhode Island ............................................................... 3 4 Rents and Royalties Apportioned to Rhode Island ......................................................................................................... 4 5 Miscellaneous Income Apportioned to Rhode Island ...................................................................................................... 5 6 Section 179 deduction Apportioned to Rhode Island ...................................................................................................... 6 7 Other deductions Apportioned to Rhode Island (see instructions) .................................................................................. 7 SECTION II - TAXPAYER’S OTHER ADDITIONS 1 Income from obligations of any state or its political subdivisions, other than Rhode Island under R.I. Gen. Laws § 44-30-12(1) and R.I. Gen. Laws § 44-30-12(2) ............................................................................................................ 2 Bonus depreciation that has been taken for federal purposes that must be added back to Rhode Island income under R.I. Gen. Laws § 44-61-1 ................................................................................................................................... 3 Pass-through entity tax elected to be paid on your behalf by the pass-through entity under R.I. Gen. Laws § 44-11-2.3 ...................................................................................................................................................................... 4 Taxable portion of Paycheck Protection Program Loan amount under R.I. Gen. Laws § 44-11-11 (see instructions)............................................................................................................................................................................ 1 2 3 4 SECTION III - TAXPAYER’S OTHER DEDUCTIONS 1 Income from obligations of the US government included in Federal AGI but exempt from state income taxes ........ 1 2 Elective deduction for new research and development facilities under R.I. Gen. Laws § 44-32-1 .............................. 2 3 Qualifying investment in a certified venture capital partnership under R.I. Gen. Laws § 44-43-2 ............................... 3 4 Bonus depreciation that has already been taken on the Federal return that has not yet been subtracted from 4 Rhode Island income under R.I. Gen. Laws § 44-61-1................................................................................................ 5 Section 179 depreciation that has already been taken on the Federal return that has not yet been subtracted from Rhode Island income under R.I. Gen. Laws § 44-61-1.1............................................................................................. 5 6 Tax Incentives for Employers under R.I. Gen. Laws § 44-55........................................................................................... 6 7 Cash Basis Only - Deductions for Pass-Through Entity Tax Claimed in prior year ......................................................... 7 Page 1 State of Rhode Island Division of Taxation RI Schedule K-1 - 2024 Taxpayer’s Share of Income, Deductions, Credits, Etc. PASS-THROUGH ENTITY INFORMATION Federal identification number: IMAGEONLY PARTNER/SHAREHOLDER/BENEFICIARY INFORMATION Taxpayer identification number: SECTION IV - RI SCHEDULE PTW/PTW - 1041 INFORMATION 1 Rhode Island source income included on RI Schedule PTW/PTW-1041 - Pass-through Withholding Transmittal Schedule as part of Form RI-1041, RI-1065, or RI-1120S............................................................................................... 1 2 Pass-through withholding payment made on taxpayer’s behalf ...................................................................................... 2 SECTION V - COMPOSITE FILING INFORMATION 1 Rhode Island source income included on Form RI-1040C - composite filing ................................................................. 1 2 Composite payment made on taxpayer’s behalf ............................................................................................................ 2 SECTION VI - RI SCHEDULE PTE - PASS-THROUGH ENTITY ELECTION INFORMATION 1 Rhode Island source income included on RI Schedule PTE - Pass-through Entity Election Tax Schedule as part of Form RI-1065 or Form RI-1120S..................................................................................................................................... 1 2 Pass-through entity election tax paid on taxpayer’s behalf on Form RI Schedule PTE................................................... 2 SECTION VII - TAXPAYER’S CREDIT BREAKDOWN 1 RI-2276 - Tax Credit for Contributions to Qualified Scholarship Organization - R.I. Gen. Laws § 44-62 ............................ 1 2 RI-286B - Historic Preservation Investment Tax Credit - R.I. Gen. Laws § 44-33.2 and Historic Preservation Tax 2 Credits 2013 - R.I. Gen. Laws § 44-33.6....................................................................................................................... 3 RI-5442 - Low-Income Housing Tax Credit - R.I. Gen. Laws § 44-71 ........................................................................... 3 4 RI-6754 - Rhode Island New Qualified Jobs Incentive Act 2015 - R.I. Gen. Laws § 44-48.3........................................... 4 5 RI-7253 - Rebuild Rhode Island Tax Credit - R.I. Gen. Laws § 42-64.20......................................................................... 5 6 RI-8201 - Motion Picture Production Company Tax Credit - R.I. Gen. Laws § 44-31.2 and Musical and Theatrical 6 Production Tax Credits - R.I. Gen. Laws § 44-31.3 ...................................................................................................... SECTION VIII - GRANTOR TRUST INFORMATION If the Partner/Shareholder being issued this RI Schedule K-1 from the Pass-through entity is a Grantor Trust, enter the name and social security number of the owner of the Grantor Trust below. Grantor trust owner name: Grantor trust owner social security number: Page 2
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More about the Rhode Island Schd K-1 Corporate Income Tax TY 2024
We last updated the Rhode Island Schedule K-1 in March 2025, so this is the latest version of Schd K-1, fully updated for tax year 2024. You can download or print current or past-year PDFs of Schd K-1 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.
| Form Code | Form Name |
|---|---|
| Form 7004 | Extension Request |
| Form 1099PT | 1099 PT form |
| Form 1120S | CYE RI-1120S Return to be filed by Subchapter S Corporations |
| Form BUS-EXT | Business Tax Automatic Extension Request - For T-72 and T-74 |
| Form BUS-V | Business Tax Payment Voucher Form - For RI-1120POL, T-71, T-71A, T-71SP, T-72, T-74 and T-86 |
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 Schd K-1 from the Division of Taxation in March 2025.
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 Schd K-1
We have a total of ten past-year versions of Schd K-1 in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:
2024 Schd K-1
Microsoft Word - Incentive and Credit Overview for DLT
2021 Schd K-1
Microsoft Word - Incentive and Credit Overview for DLT
2017 Schd K-1
Microsoft Word - Incentive and Credit Overview for DLT
2016 Schd K-1
2016 K-1_Layout 1
2015 Schd K-1
2014 K-1 Instructions_Layout 1
2014 Schd K-1
2014 K-1 Instructions_Layout 1
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