Instructions for Form T-71 Insurance Companies Tax Return of Gross Premiums - Rhode Island

Form T-71 Insurance Companies Tax Return of Gross Premiums - Rhode Island

This document contains official instructions for Form T-71 , Insurance Companies Tax Return of Gross Premiums - a form released and collected by the Rhode Island Department of Revenue - Division of Taxation. An up-to-date fillable Form T-71 is available for download through this link.

FAQ

Q: What is Form T-71?
A: Form T-71 is the Insurance Companies Tax Return of Gross Premiums.

Q: Who needs to file Form T-71?
A: Insurance companies operating in Rhode Island need to file Form T-71.

Q: What is the purpose of Form T-71?
A: The purpose of Form T-71 is to report gross premiums collected by insurance companies in Rhode Island.

Q: What information is required on Form T-71?
A: Form T-71 requires insurance companies to provide details about their gross premiums, deductions, and other relevant information.

Q: When is Form T-71 due?
A: Form T-71 is due on or before March 15th of each year for the previous calendar year.

Q: Are there any penalties for late filing?
A: Yes, there are penalties for late filing or failure to file Form T-71.

Q: Are there any instructions for completing Form T-71?
A: Yes, the Rhode Island Division of Taxation provides detailed instructions for completing Form T-71.

Q: Is Form T-71 for insurance companies in other states?
A: No, Form T-71 is specific to insurance companies operating in Rhode Island.