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4 State of Rhode Island Division of Taxation 4
5 2023 RI Schedule M - page 1 5
6 RI Modifications to Federal AGI 23100999990101 6
7 7
8 Name Social security number 8
9 9
10 XXXXXXXXXXXXXXXXXXXXXXXXX XXXXXXXXXXXXXXXXXXXXXXXXXX 999999999 10
11 11
NOTE: For each modification being claimed you must enter the modification amount on the corresponding modification line and attach
12 documentation supporting your modification. Otherwise, the processing of your return may be delayed. Refer to the instructions for 12
13 more information on each modification. If a modification is not listed below, it is not valid and, therefore, not allowable. 13
14 MODIFICATIONS DECREASING FEDERAL AGI 14
15 1a Income from obligations of the US government included in Federal AGI but exempt from state income taxes 1a 15
16 reduced by investment interest on the obligations taken as a federal itemized deduction................................... 999999999 99 16
17 17
18 b Rhode Island fiduciary adjustment as beneficiary of an estate or trust under RIGL §44-30-17..................... 1b 999999999 99 18
19 19
20 c Elective deduction for new research and development facilities under RIGL §44-32-1................................. 1c 999999999 99 20
21 21
22 d Railroad Retirement benefits paid by the Railroad Retirement Board............................................................ 1d 999999999 99 22
23 23
24 e Qualifying investment in a certified venture capital partnership under RIGL §44-43-2.................................. 1e 999999999 99 24
25 25
26 f Family Education Accounts under RIGL §44-30-25....................................................................................... 1f 999999999 99 26
27 g Tuition Saving Program contributions (section 529 accounts) under RIGL §44-30-12. 1g 27
28 Not to exceed $500 ($1,000 if joint return)..................................................................................................... 999999999 99 28
29 29
30 h Exemptions from tax on profit or gain for writers, composers and artists under RIGL §44-30-1.1................. 1h 999999999 99 30
31 i Bonus depreciation taken on the Federal return that has not yet been subtracted from Rhode Island 1i 31
32 income underRIGL §44-61-1......................................................................................................................... 999999999 99 32
33 j Section 179 depreciation taken on the Federal return that has not yet been subtracted from Rhode Island 1j 33
34 under RIGL §44-61-1.1.................................................................................................................................. 999999999 99 34
35 k Modification for performance based compensation realized by an eligible employee under the Jobs 1k 35
36 Growth Act under RIGL §42-64.11-4.............................................................................................................. 999999999 99 36
37 l Modification for exclusion for qualifying option underRIGL §44-39.3 ANDmodification for exclusion for quali- 1l 37
38 fying securities or investment under RIGL §44-43-8.............................................................................................. 999999999 99 38
39 39
40 m Modification for Tax Incentives for Employers under RIGL §44-55-4.1.......................................................... 1m 999999999 99 40
41 n Tax Credit income reported on Federal return exempt for Rhode Island purposes (see instructions for eligible 1n 41
42 credits)...................................................................................................................................................................DRAFT 999999999 99 42
43 o Active duty militaryNonresidentspay of stationed in Rhode Island and income for services performed in 1o 43
44 Rhode Island by the servicemember’s spouse............................................................................................... 999999999 99 44
45 p Scituate Medical Savings Account contributions taxable on the Federal Return but exempt from Rhode Island 1p 45
46 under RIGL §44-30-25.1(d)(3)(i).................................................................................................................................. 999999999 99 46
47 q Amounts of insurance benefits for dependents and domestic partners included in Federal AGI pursuant to 1q 47
48 chapter 12 of title 36 or other coverage plan under RIGL §44-30-12(c)(6)................................................... 999999999 99 48
49 r Modification for Organ Transplantation for specific unreimbursed expenses incurred by Rhode Island 1r 49
50 Resident pursuantRIGLto§44-30-12(c)(7) .................................................................................................. 999999999 99 50
51 Modification for taxable Social Security Primary Spouse 1s 51
s
52 Date of Birth Date of Birth 52
incomeRIGLunder§44-30-12(c)(8) (Required) 09/01/2023 / 12/31/2023 / (Required) 12/31/2023/ / 999999999 99
53 t Modification for taxable Retirement in- Primary Spouse 53
54 come from certain pension plans or an- Date of Birth / 12/31/2023 / Date of Birth 12/31/2023/ / 1t 999999999 99 54
nuities under RIGL §44-30-12(c)(9) (Required) (Required)
55 55
56 u CASH BASIS ONLY - Deduction for Pass-Through Entity Tax claimed in Prior Year (See Instructions)............... 1u 999999999 99 56
57 57
58 v Modification for taxpayers receiving military service pensions under RIGL §44-30-12(c)(11)............................ 1v 999999999 99 58
59 59
60 w Total modifications DECREASING Federal AGI. Add lines 1a through 1v and enter as a negative amount......... 1w 999999999 99 60
61 61
62 62
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34567890123456789012345678901234567890123456789012345678901234567890123456789012Revised
05/2023
