Form T-74 Banking Institution Excise Tax Return - Rhode Island

What Is Form T-74?

This is a legal form that was released by the Rhode Island Department of Revenue - Division of Taxation - a government authority operating within Rhode Island. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form T-74?
A: Form T-74 is the Rhode Island Banking InstitutionExcise Tax Return.

Q: Who needs to file Form T-74?
A: Rhode Island banking institutions need to file Form T-74.

Q: What is the purpose of Form T-74?
A: The purpose of Form T-74 is to report and pay the banking institution excise tax.

Q: When is Form T-74 due?
A: Form T-74 is due on or before the 15th day of the fourth month following the end of the taxable year.

Q: What information is required on Form T-74?
A: Form T-74 requires information about the banking institution's income, deductions, and tax liability.

Q: Are there any penalties for late filing or payment?
A: Yes, there may be penalties for late filing or payment of the banking institution excise tax.

Q: Are there any exceptions or exemptions to the banking institution excise tax?
A: Yes, certain exemptions and deductions may apply. It is recommended to consult the Rhode Island Division of Taxation or a tax professional for specific guidance.