Form RI-2220 Underpayment of Estimated Tax by Corporate Filers - Rhode Island

What Is Form RI-2220?

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 RI-2220?
A: Form RI-2220 is used by corporate filers in Rhode Island to calculate and pay any underpayment of estimated tax.

Q: Who needs to file Form RI-2220?
A: Corporate filers in Rhode Island who have underpaid their estimated taxes need to file Form RI-2220.

Q: What is the purpose of filing Form RI-2220?
A: The purpose of filing Form RI-2220 is to calculate and pay any underpayment of estimated tax to avoid penalties and interest.

Q: How do I calculate underpayment of estimated tax on Form RI-2220?
A: To calculate underpayment of estimated tax on Form RI-2220, you will need to fill out Part I of the form and follow the instructions provided.

Q: When is the deadline to file Form RI-2220?
A: The deadline to file Form RI-2220 is the same as the deadline to file your corporate tax return, usually on or before the 15th day of the third month following the close of the tax year.

Q: What happens if I don't file Form RI-2220?
A: If you don't file Form RI-2220 or pay the underpayment of estimated tax, you may be subject to penalties and interest charges.

Q: Are there any exceptions or special rules for filing Form RI-2220?
A: There may be exceptions or special rules for filing Form RI-2220, so it is advisable to consult the instructions or seek professional tax advice if needed.