Form T-86 Bank Deposits Tax - Rhode Island

What Is Form T-86?

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-86 Bank Deposits Tax?
A: Form T-86 Bank Deposits Tax is a tax form used in Rhode Island to report bank deposits.

Q: Who needs to file Form T-86 Bank Deposits Tax?
A: Certain financial institutions and businesses operating in Rhode Island may need to file Form T-86 Bank Deposits Tax.

Q: What information is required on Form T-86 Bank Deposits Tax?
A: Form T-86 Bank Deposits Tax requires information such as the total deposits made by the financial institution or business during the reporting period.

Q: When is the deadline for filing Form T-86 Bank Deposits Tax?
A: The deadline for filing Form T-86 Bank Deposits Tax in Rhode Island is typically on or before the 15th day of the month following the end of the reporting period.

Q: Are there any penalties for late filing of Form T-86 Bank Deposits Tax?
A: Yes, there may be penalties for late filing of Form T-86 Bank Deposits Tax in Rhode Island. It is important to file the form within the designated deadline to avoid penalties.