Form RI-PTE Pass-Through Entity Election Tax Return - Rhode Island

What Is Form RI-PTE?

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 the RI-PTE Pass-Through Entity Election Tax Return?
A: The RI-PTE Pass-Through Entity Election Tax Return is a tax form used in Rhode Island by pass-through entities, such as partnerships and S corporations, to elect to pay tax at the entity level.

Q: Which entities can use the RI-PTE Pass-Through Entity Election Tax Return?
A: The RI-PTE Pass-Through Entity Election Tax Return is used by pass-through entities, including partnerships and S corporations.

Q: What is the purpose of the RI-PTE Pass-Through Entity Election Tax Return?
A: The purpose of the RI-PTE Pass-Through Entity Election Tax Return is to allow pass-through entities to elect to pay tax at the entity level, rather than at the individual owner level.

Q: What are the deadlines for filing the RI-PTE Pass-Through Entity Election Tax Return?
A: The deadline for filing the RI-PTE Pass-Through Entity Election Tax Return is the 15th day of the 4th month following the close of the tax year. For calendar year taxpayers, the deadline is April 15th.

Q: Can I amend the RI-PTE Pass-Through Entity Election Tax Return?
A: Yes, you can amend the RI-PTE Pass-Through Entity Election Tax Return by filing an amended return within 3 years from the original due date of the return or within 2 years from the time the tax was paid, whichever is later.

Q: Are there any penalties for late filing or non-compliance with the RI-PTE Pass-Through Entity Election Tax Return?
A: Yes, there are penalties for late filing or non-compliance with the RI-PTE Pass-Through Entity Election Tax Return, including interest charges and potential penalties for underpayment.