This version of the form is not currently in use and is provided for reference only. Download this version of Instructions for Form RI-1120S for the current year.
This document contains official instructions for Form RI-1120S , Subchapter S Business Corporation Tax Return - a form released and collected by the Rhode Island Department of Revenue - Division of Taxation. An up-to-date fillable Form RI-1120S is available for download through this link.
Q: What is Form RI-1120S?
A: Form RI-1120S is the tax return form used by Subchapter S Business Corporations in Rhode Island.
Q: What is a Subchapter S Business Corporation?
A: A Subchapter S Business Corporation is a type of corporation that elects to pass corporate income, deductions, and credits through to its shareholders for federal tax purposes.
Q: Who needs to file Form RI-1120S?
A: Subchapter S Business Corporations in Rhode Island need to file Form RI-1120S.
Q: What information do I need to complete Form RI-1120S?
A: You will need information about your corporation's income, deductions, credits, and any other relevant financial information.
Q: What is the due date for filing Form RI-1120S?
A: The due date for filing Form RI-1120S is on or before the 15th day of the fourth month following the close of your corporation's taxable year.
Q: Are there any penalties for not filing Form RI-1120S?
A: Yes, there are penalties for not filing Form RI-1120S or for filing it late. It is important to file on time to avoid penalties.
Instruction Details:
Download your copy of the instructions by clicking the link below or browse hundreds of other forms in our library of forms released by the Rhode Island Department of Revenue - Division of Taxation.