RHODE ISLAND tax return

RHODE ISLAND Tax Returns with ExpressTaxRefund.com!

Looking to cut down on tax preparation time? You can file your RHODE ISLAND income taxes and federal taxes at the same time using ExpressTaxRefund.comExpressTaxRefund.com simplifies the tax preparation process by automatically filling in any matching information into both your state and federal tax forms.

States, such as Rhode Island, that charge income tax on their residents have a trio of options when determining which system to use to assess those taxes. From joint, combined, and a mix of the two systems, Rhode Island opts to use the joint system, which follows the federal government’s idea that a family is a single economic unit. In these cases, married couples combine their income and have it taxed as a single amount. Same-sex marriage is recognized in Rhode Island, meaning these couples are taxed the same as opposite-sex couples.

Rhode Island’s tax base uses the taxpayer’s federal adjusted gross income. While the state mostly mimics the federal tax laws, there are some differences that are important to note, especially with exemptions and deductions.

Exemptions

Interest from Rhode Island State and Municipal Bonds and interest and dividends on U.S. Government Bonds are exempt from being added to income subject to taxation.

Deductions

Rhode Island offers a standard deduction for Single and married filing single, status users of $8,000, $16,000 for those who file married, joint, and $12,000 for head of household.

Those with modified federal AGI between $185,550 and $206,590 hit a phase-out of the standard deduction offered. In additional to the state standard deduction, residents may qualify for the following deductions:

  • Investment in certified venture capital partnerships
  • Contributions to a family education account
  • Insurance Benefits for dependents and domestic partners
  • Writers, composers and artists in certain economic development zone
  • Contributions and distributions to a state tuition savings program
  • Organ donation expenses
  • Insurance expenses for dependents and domestic partners

Tax Rates

Regardless of filing status, the tax rates follow:

Filer Taxable Income Tax Rate
$0 - $60,550 3.75% of income over $0
$60,550 - $137,650 $2,270.63 plus 4.75% on anything over $60,550
$137,650+ $5,932.88 plus 5.99% on anything over $1,605,650

ExpressTaxRefund.com supports all state income tax returns. Washington D.C. along with 41 states have income tax returns. If you live in Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington or Wyoming, you only need to file your Federal Income Tax Return with the IRS.

Benefits of using ExpressTaxRefund.com:

  • Prepares both your federal return and your state income tax returns at the same time by automatically transferring matching data into both forms.
  • Finds all valid tax deductions, does the math for you and provides self-help tools to simplify tax preparation.
  • Allows you to securely access and efile your tax data online from any Internet connection.

Take advantage of online E-Filing services available through ExpressTaxRefund.com

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Be kept up to date on the status of your return. You can view the status of your tax return right through our website, with daily updates to your account and filing status with the IRS.

Customer Support :
ExpressTaxRefund.com offers our customers full technical support.  Our professional customer care representatives are standing by awaiting your calls.  Whether it’s a question regarding your account or the calculation of your return, get an answer within minutes. Live chat support is also available, with little to no wait time.





State Tax Returns