Schedule U Individual Consumer's Use Tax Worksheet - Rhode Island

What Is Schedule U?

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 Schedule U Individual Consumer's Use Tax Worksheet?
A: The Schedule U Individual Consumer's Use Tax Worksheet is a form used in Rhode Island to calculate and report use tax owed on purchases made outside of the state.

Q: What is use tax?
A: Use tax is a tax imposed on the use, storage, or consumption of goods purchased without payment of sales tax.

Q: Who needs to file the Schedule U Individual Consumer's Use Tax Worksheet in Rhode Island?
A: Rhode Island residents who have made purchases without paying sales tax and owe use tax.

Q: What types of purchases are subject to use tax?
A: Purchases made from out-of-state retailers who do not collect sales tax, purchases made from individuals, and purchases of items used in a business or for personal use.

Q: How do I calculate the amount of use tax owed?
A: You can calculate the amount of use tax owed by multiplying the purchase price of the item by the appropriate use tax rate and then subtracting any sales tax already paid.

Q: When is the deadline for filing the Schedule U Individual Consumer's Use Tax Worksheet?
A: The deadline for filing the Schedule U Individual Consumer's Use Tax Worksheet in Rhode Island is the same as the deadline for filing your state income tax return, usually April 15th.