Form T-204R-ANNUAL Sales and Use Tax Return - Annual Reconciliation - Rhode Island

What Is Form T-204R-ANNUAL?

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-204R?
A: Form T-204R is the Annual Sales and Use Tax Return - Annual Reconciliation in Rhode Island.

Q: What is the purpose of Form T-204R?
A: The purpose of Form T-204R is to reconcile the sales and use tax liability reported on quarterly returns with the annual tax liability.

Q: Who needs to file Form T-204R?
A: All businesses that are registered for sales and use tax in Rhode Island and have filed quarterly returns during the year must file Form T-204R.

Q: When is Form T-204R due?
A: Form T-204R is due on or before the 15th day of the fourth month following the close of the taxpayer's fiscal year.

Q: What information is required on Form T-204R?
A: Form T-204R requires taxpayers to provide information about their quarterly sales and use tax liability, as well as any adjustments or credits.

Q: Are there any penalties for late filing of Form T-204R?
A: Yes, there are penalties for late filing of Form T-204R. The penalty is 5% of the amount of tax due with the return, up to a maximum of $200.