Form RI-2220 Underpayment of Estimated Tax by Corporate Filers - Rhode Island

What Is Form RI-2220?

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-2220?
A: Form RI-2220 is a form used by corporate filers in Rhode Island to calculate and report any underpayment of estimated tax.

Q: Who should use Form RI-2220?
A: Form RI-2220 should be used by corporate filers who have underpaid their estimated tax in Rhode Island.

Q: What is the purpose of Form RI-2220?
A: The purpose of Form RI-2220 is to calculate and report any underpayment of estimated tax by corporate filers in Rhode Island.

Q: When is Form RI-2220 due?
A: Form RI-2220 is due on or before the original due date of the corporate tax return, including extensions.

Q: Are there any penalties for underpayment of estimated tax?
A: Yes, there may be penalties for underpayment of estimated tax in Rhode Island. Form RI-2220 helps calculate these penalties.

Q: What supporting documentation do I need to include with Form RI-2220?
A: You may need to include copies of federal tax returns and schedules, as well as any other relevant documentation supporting your estimated tax calculations.

Q: What if I realize I made a mistake on Form RI-2220 after it's been filed?
A: If you realize you made a mistake on Form RI-2220 after it has been filed, you should file an amended form as soon as possible to correct the error.