Form RI-1041 Schedule M Rhode Island Modifications to Federal Total Income - Rhode Island

What Is Form RI-1041 Schedule M?

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.The document is a supplement to Form RI-1041, Fiduciary Income Tax Return. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form RI-1041 Schedule M?
A: Form RI-1041 Schedule M is a tax form used by individuals and estates in Rhode Island to report modifications to their federal total income for the purposes of calculating their Rhode Island taxable income.

Q: Who needs to fill out Form RI-1041 Schedule M?
A: Individuals and estates in Rhode Island who have modifications to their federal total income that affect their Rhode Island taxable income need to fill out Form RI-1041 Schedule M.

Q: What is the purpose of Form RI-1041 Schedule M?
A: The purpose of Form RI-1041 Schedule M is to accurately calculate the Rhode Island taxable income by taking into account any modifications to the federal total income.

Q: Are there any filing deadlines for Form RI-1041 Schedule M?
A: Yes, the deadline for filing Form RI-1041 Schedule M is the same as the deadline for filing the Rhode Island estate tax return or individual income tax return, which is April 15th of each year.

Q: What are some common modifications that may require filing Form RI-1041 Schedule M?
A: Some common modifications that may require filing Form RI-1041 Schedule M include the addition or subtraction of certain types of income or expenses, adjustments related to federal deductions or credits, and any other modifications required by the Rhode Island tax laws.