PDF
Word
This version of the form is not currently in use and is provided for reference only. Download this version of
Form K-1
for the current year.
Form K-1 Taxpayer's Share of Income, Deductions, Credits, Etc. - Rhode Island
What Is Form K-1?
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. Check the official instructions before completing and submitting the form.
FAQ
Q: What is Form K-1?
A: Form K-1 is used to report a taxpayer's share of income, deductions, credits, etc.
Q: Who needs to file Form K-1?
A: Form K-1 is typically used by partnerships, S corporations, and trusts to report income and deductions to the individual taxpayers.
Q: What does the taxpayer's share include?
A: The taxpayer's share includes income, deductions, and credits allocated to them by the partnership, S corporation, or trust.
Q: Is Form K-1 filed with the federal or state tax return?
A: Form K-1 is filed with both the federal and state tax returns.
Q: Is Form K-1 the same for all states?
A: No, each state may have its own specific version of Form K-1. This particular document is for Rhode Island.
Q: What information is required on Form K-1?
A: Form K-1 requires the taxpayer's personal information, details about the partnership, S corporation, or trust, and the taxpayer's share of income, deductions, credits, etc.
Q: Are there any deadlines for filing Form K-1?
A: Yes, the deadlines for filing Form K-1 vary depending on the type of entity. It is important to consult the IRS or state tax authorities for specific deadlines.
Q: Do I need to attach Form K-1 to my tax return?
A: Yes, Form K-1 should be attached to both your federal and state tax returns when filing.
Q: What should I do if I have multiple Forms K-1?
A: If you have multiple Forms K-1 from different partnerships, S corporations, or trusts, you should include all of them with your tax returns.
Form Details:
- The latest edition provided by the Rhode Island Department of Revenue - Division of Taxation;
- Easy to use and ready to print;
- Quick to customize;
- Compatible with most PDF-viewing applications;
- Fill out the form in our online filing application.
Download a fillable version of Form K-1 by clicking the link below or browse more documents and templates provided by the Rhode Island Department of Revenue - Division of Taxation.
Download Form K-1 Taxpayer's Share of Income, Deductions, Credits, Etc. - Rhode Island
1
2
