Form RI-1040C-V Rhode Island Composite Income Tax Return - Rhode Island

What Is Form RI-1040C-V?

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-1040C-V?
A: Form RI-1040C-V is the Rhode Island Composite Income Tax Return.

Q: Who should file Form RI-1040C-V?
A: Form RI-1040C-V should be filed by partnerships and S corporations that have nonresident members or shareholders who need to report their share of Rhode Island income.

Q: What is the purpose of Form RI-1040C-V?
A: The purpose of Form RI-1040C-V is to report and pay Rhode Island income tax on behalf of nonresident members or shareholders.

Q: When is the deadline to file Form RI-1040C-V?
A: Form RI-1040C-V must be filed by the 15th day of the fourth month following the close of the tax year.

Q: Is Form RI-1040C-V mandatory for all partnerships and S corporations?
A: No, Form RI-1040C-V is only required for partnerships and S corporations with nonresident members or shareholders.

Q: What information do I need to complete Form RI-1040C-V?
A: You will need the federal Information Return (Form 1065 or 1120S), the Schedule K-1s issued to the nonresident members or shareholders, and relevant financial and income documents.