Form BUS-EST Business Tax Estimated Payment Form - Rhode Island

What Is Form BUS-EST?

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 BUS-EST?
A: Form BUS-EST is the Business Tax Estimated Payment Form for Rhode Island.

Q: Who needs to file Form BUS-EST?
A: Businesses in Rhode Island that have an estimated tax liability of $1,000 or more per year must file Form BUS-EST.

Q: What is the purpose of Form BUS-EST?
A: The purpose of Form BUS-EST is to make estimated tax payments throughout the year, based on the projected tax liability of the business.

Q: How often do I need to file Form BUS-EST?
A: Form BUS-EST should be filed quarterly, with payments due on April 15, June 15, September 15, and January 15 of the following year.

Q: What information is required on Form BUS-EST?
A: Form BUS-EST requires the business's name, federal identification number, address, estimated tax liability, and payment details.

Q: Can I file Form BUS-EST electronically?
A: Yes, Rhode Island allows businesses to file Form BUS-EST electronically.

Q: What happens if I don't file Form BUS-EST?
A: Failure to file Form BUS-EST or make the required estimated tax payments may result in penalties and interest being assessed by the Rhode Island Division of Taxation.