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 tax form used by corporate filers in Rhode Island to report and calculate any underpayment of estimated taxes.

Q: Who needs to file Form RI-2220?
A: Corporate filers in Rhode Island who have underpaid their estimated taxes are required to file Form RI-2220.

Q: What is the purpose of Form RI-2220?
A: The purpose of Form RI-2220 is to determine if a corporate filer in Rhode Island has underpaid their estimated taxes and to calculate any interest or penalties owed as a result of the underpayment.

Q: When is Form RI-2220 due?
A: Form RI-2220 is generally due with the Rhode Island corporate tax return, which is due on the 15th day of the fourth month after the close of the tax year.

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