§ 44-30-1. Persons subject to tax. (a) Imposition of tax. A Rhode Island personal income tax determined in accordance with the rates set forth in § 44-30-2 is imposed for each taxable year (which shall be the same as the taxable year for federal income tax purposes) on the Rhode Island income of every individual, […]
§ 44-30-1.1. Exemption from tax for writers, composers, and artists. (a) This section shall only apply to writers, composers, and artists residing within a section of the defined economic development zone within the city of Providence, Pawtucket, Woonsocket, Warwick, or East Providence, or the economic development zone within the town of Westerly as defined in […]
§ 44-30-1.2. Annual Rhode Island personal income and tax data report. No later than March 15, the division of taxation shall annually submit a report for the previous calendar year of Rhode Island individual income and tax data by size of adjusted gross income to the chairpersons of the house finance committee and senate finance […]
§ 44-30-2. Rate of tax. (a) General. (1)(i) A Rhode Island personal income tax is imposed upon the Rhode Island income of residents and nonresidents, including estates and trusts, for the period January 1, 1971 through June 30, 1971 equal to twenty percent (20%) of one-half (½) of the taxpayer’s federal income tax liability for […]
§ 44-30-2.1. Refund deduction for contribution to U.S. Olympic Committee. There shall be provided as a deduction from any refund from the Rhode Island personal income tax otherwise due to a taxpayer for a taxable year, contributions of one dollar ($1.00), or two dollars ($2.00) if married and filing a joint return, to the U.S. […]
§ 44-30-2.10. Alternative flat tax rate. (a) For tax years beginning on or after January 1, 2006 and ending prior to January 1, 2011, a taxpayer may elect to compute his or her Rhode Island personal income tax liability as provided in this section. If no election is made, the taxpayer’s personal income tax liability […]
§ 44-30-2.11. Refund deduction for contribution to the substance use and mental health leadership council of RI. (a) There shall be provided as a deduction from any refund from the Rhode Island personal income tax otherwise due to a taxpayer for a taxable year a contribution to the substance use and mental health leadership council […]
§ 44-30-2.2. Refund deduction for contribution to the non-game wildlife general revenue appropriations. (a) There shall be provided as a deduction from any refund from the Rhode Island personal income tax otherwise due to a taxpayer for a taxable year a contribution to the non-game wildlife general revenue appropriations established in chapter 18.1 of title […]
§ 44-30-2.3. Refund deduction for contribution to the childhood disease victims’ fund. (a) There shall be provided as a deduction from any refund from the Rhode Island personal income tax otherwise due to a taxpayer for a taxable year a contribution to the childhood disease victims’ fund established in chapter 14 of title 23. The […]
§ 44-30-2.4. Refund deduction for contribution to the drug program account. (a) There shall be provided as a deduction from any refund from the Rhode Island personal income tax otherwise due to a taxpayer for a taxable year a contribution to the drug program established in chapter 7 of title 42. The provision for the […]
§ 44-30-2.5. Refund deduction for contribution to the Rhode Island organ transplant fund. (a) There shall be provided as a deduction from any refund from the Rhode Island personal income tax otherwise due to a taxpayer for a taxable year a contribution to the Rhode Island organ transplant fund. The provision for the contribution shall […]
§ 44-30-2.6. Rhode Island taxable income — Rate of tax. (a) “Rhode Island taxable income” means federal taxable income as determined under the Internal Revenue Code, 26 U.S.C. § 1 et seq., not including the increase in the basic, standard-deduction amount for married couples filing joint returns as provided in the Jobs and Growth Tax […]
§ 44-30-2.7. Capital gains rates for assets held more than five (5) years. (a) All capital assets purchased prior to January 1, 2002 and sold on or after January 1, 2007, shall be deemed to have a holding period beginning January 1, 2002. For tax years beginning in 2007 and ending prior to January 1, […]
§ 44-30-2.8. Net operating loss deduction. For purposes of net operating losses under this chapter, the five (5) year carryback provision provided by the Job Creation and Worker Assistance Act of 2002 (P.L. 107-147)(see 26 U.S.C. § 172) for federal tax purposes shall not be allowed for Rhode Island tax purposes. History of Section.P.L. 2002, […]
§ 44-30-2.9. Refund deduction for contribution to the Rhode Island Military Family Relief Fund. (a) There shall be provided as a tax deduction from any refund from the Rhode Island personal income tax otherwise due to a taxpayer for a taxable year a contribution to the Rhode Island Military Family Relief Fund. The provision for […]
§ 44-30-3. Optional tax tables for resident individuals. (a) General. The tax administrator may promulgate uniform tax tables for resident individual taxpayers for any taxable year. An individual may elect to use or not to use any tax table for which he or she is eligible. (b) Preparation of tax tables. Tax tables promulgated pursuant […]
§ 44-30-4. Accounting periods and methods. (a) Accounting periods. A taxpayer’s taxable year for the Rhode Island personal income tax shall be the same as his or her taxable year for federal income tax purposes. (b) Change of accounting periods. If a taxpayer’s taxable year is changed for federal income tax purposes, his or her […]
§ 44-30-5. “Resident” and “nonresident” defined. (a) Resident individual. A resident individual means an individual: (1) Who is domiciled in this state. In determining the domicile of an individual, the geographic location of professional advisors selected by an individual, including without limitation advisors who render medical, financial, legal, insurance, fiduciary or investment services, as well […]
§ 44-30-6. Meaning of terms. Any term used in the Rhode Island personal income tax law shall have the same meaning as when used in a comparable context in the laws of the United States relating to federal income taxes, unless a different meaning is clearly required. Any reference to the laws of the United […]
§ 44-30-7. Amortization of air or water pollution control facilities. (a) General rule. (1) Every taxpayer, at his or her election, shall be entitled to a deduction with respect to the amortization of the adjusted basis, for determining gain, of any “treatment facility”, as defined in subsection (d) of this section, based on a period […]
