1111111111222222222233333333334444444444555555555566666666667777777777888
34567890123456789012345678901234567890123456789012345678901234567890123456789012
4        State of Rhode Island Division of Taxation                                                                                                                                                                                4
5        2023 Form RI-2210C                                                                                                                                                                                                        5
6        Underpayment of Estimated Tax by Composite Filers                                                                                                                      23102599990101                                     6
7                                                                                                                                                                                                                                  7
8  Name shown on Form RI-1040C                                                                                                                                                              Federal employer identification number 8
9                                                                                                                                                                                                                                  9
10 XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX                                                                                                                                    999999999                             10
11                                                                                                                                                                                                                                 11
12 CHECK THE BOX   IF THE BELOW          APPLIES      :                                                                                                                                                                            12
13                                                                                                                                                                                                                                 13
14    TAXPAYER IS USING THE ANNUALIZATION OF INCOME METHOD                                                                                                                                                                         14
15                                                                                                                                                                                                                                 15
16                                                                                                                                                                                                                                 16
17                                                                                                                                                                                                                                 17
18 PART 1 - REQUIRED ANNUAL PAYMENT                                                                                                                                                                                                18
19  1 Enter your 2023   RI income tax from RI-1040C, line 11...............................................................................................................................  1  9999999999 99                      19
20  2 Enter 80% of the amount shown on line 1.................................................................................                                         2 9999999999 99                                             20
21  3 RI withheld taxes paid for 2023 from RI-1040C, lines 13 and 14..........................................................................................................               3  9999999999 99                      21
22  4 Subtract line 3 from line 1.  If the result is $250.00 or less, do not complete the rest of this form........................................................                          4  9999999999 99                      22
23  5 Enter2022your RI income tax from RI-1040C, line 11...............................................................................................................................      5  9999999999 99                      23
24  6 EnterSMALLERthe  of line 2 or line 5.................................................................................................................................................. 6  9999999999 99                      24
25                                                                                                                                                                                                                                 25
26 PART 2 - SHORTCUT METHOD                                                                                                                                                                                                        26
27 You can use this method if you meet the following conditions (Otherwise, you must complete parts 3 and 4 to figure your underestimating interest):27
28    1  You made no estimated payments  ORall 4 estimated payments were equal and paid by the appropriate due dates;                                                                                                              28
29    2    ANDyou did not complete RI-2210C, part 5 (Annualized Income Installment Worksheet).                                                                                                                                     29
30  7 Enter the amount from Part 1, line 6 above.................................................................................................................                            7  9999999999 99                      30
31  8 Total withholding and estimated tax you paid from RI-1040C, lines 12, 13 and 14...............................................................................                         8  9999999999 99                      31
32  9 Underpayment.  Subtract line 8 from line 7.  If zero or less, enter $0..........................................................................                                       9  9999999999 99                      32
33 10 Multiply line 9 by 8.0046% (0.080046).........................................................................................................................                         10 9999999999 99                      33
34 11 If the amount on line 9 was paid on or after 4/15/2024, enter $0                                                                                                                                                             34
35    If the amount on line 9 was paid before 4/15/2024, make the following calculation:                                                                                                                                           35
36    The amount on line 9 (times) the number of days paid before 4/15/2024 (times) 0.000328 and enter the result here.                                                                      11 9999999999 99                      36
37 12 UNDERESTIMATING INTEREST.  Subtract line 11 from line 10.  Enter here and on RI-1040C, line 18                                                                                                                               37
38    Attach this form to your Rhode Island return.........................................................................................................                                  12 9999999999 99                      38
39                                                                                                                                                                                                                                 39
40 PART 3 - FIGURE YOUR UNDERPAYMENT                                                                                                                                              PAYMENT DUE DATES                                40
                                                                                                                                                                       Column A   Column B   Column C   Column D 
41                                                                                                                                                                     04/15/2023 06/15/2023 09/15/2023 01/15/2024                 41
42                                                    DRAFT                                                                                                                                                                        42
43 13 Divide the amount on line 6 by four (4) and enter the result in each column.....                                                                              13 99999999999999999999999999999999                            43
44                                                                                                                                                                                                                                 44
45 14 Annualized income installments from Part 5, line 33.  NOTE: Complete lines                                                                                                                                                   45
46    15 through 17 in one column before completing the next column..................                                                                               14 99999999999999999999999999999999                            46
47                                                                                                                                                                                                                                 47
48 15 Enter the amount from line 13 or line 14 if applicable ....................................                                                                   15 99999999999999999999999999999999                            48
49                                                                                                                                                                                                                                 49
50 16 Rhode Island tax withheld and estimated tax paid.  If line 16 is equal to or                                                                                                                                                 50
51    more than line 15 for all installment periods, do not complete or file this                                                                                   16 99999999999999999999999999999999                            51
52    form unless you report annualized income installments on line 14................                                                                                                                                             52
   17 UNDERPAYMENT.  Subtract line 16 from line 15 OR09/07/2023
53                                                                                                                                                                                                                                 53
54    OVERPAYMENT.  Subtract line 15 from line 16..................................................                                                                 17 99999999999999999999999999999999                            54
55                                                                                                                                                                                                                                 55
56                                                                                                                                                                                                                                 56
57                                                                                                                                                                                                                                 57
58                                                                                                                                                                                                                                 58
59                                                                                                                                                                                                                                 59
60                                                                                                                                                                                                                                 60
61                                                                                                                                                                                                                                 61
62                                                                     Page 1                                                                                                                                                      62
      1111111111222222222233333333334444444444555555555566666666667777777777888
34567890123456789012345678901234567890123456789012345678901234567890123456789012

        1111111111222222222233333333334444444444555555555566666666667777777777888
34567890123456789012345678901234567890123456789012345678901234567890123456789012
4       State of Rhode Island Division of Taxation                                                                                                                                              4
5       2023 Form RI-2210C                                                                                                                                                                      5
6       Underpayment of Estimated Tax by Composite Filers                                                                              IMAGEONLY                                                6
7                                                                                                                                                                                               7
8  Name shown on Form RI-1040C                                                                                                                  Federal employer identification number          8
9                                                                                                                                                                                               9
10 XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX                                                                                         999999999                                     10
11                                                                                                                                                                                              11
12 PART 4 - HOW TO FIGURE THE CHARGES                                                                                                  PAYMENT DUE DATES                                        12
                                                                                                                          Column A     Column B     Column C                       Column D 
13                                                                                                                        04/15/2023   06/15/2023   09/15/2023                     01/15/2024   13
   18 Payment date or date listed in instructions for line 18, whichever is earlier...      18
14                                                                                                                        060217MMDDYY 060917MMDDYY 062317MMDDYY                   063017MMDDYY 14
15 19 a Number of days from the installment date to the date of payment or the due                                                                                                              15
16    date of the next installment, whichever is earlier (see instructions) ............... 19a                           999 days     999 days     999 days                                    16
17    b Number of days on line 19a X 12% X underpayment on line 17....................                                                                                                          17
18                       365                                                                19b                           9999999 9999999 9999999                                               18
19 20 a Number of days from January 1, 2024 to the date of payment or January 15, 2024, whichever is earlier ........                      20a      999 days                                    19
20    b Number of days on line 20a X 12% X underpayment on line 17.......................................................................                                                       20
21                       366                                                                                                               20b      9999999                                     21
22 21 a Number of days from January 15, 2024 to the date of payment or April 15, 2024, whichever is earlier......................................                              21a 999 days 22
23    b Number of days on line 21a X 12% X underpayment on line 17 .................................................................................................                            23
24                       366                                                                                                                                                   21b 9999999      24
25 22 UNDERESTIMATING INTEREST. Total amount from all columns on lines 19b, 20b and 21b. Enter here and on RI-1040C,                                                                            25
26    line 18.   Attach this form to your Rhode Island return................................................................................................................. 22  9999999      26
27                                                                                                                                                                                              27
28                                                                                                                                                                                              28
29 Part 5 Annualized Income Installment Worksheet                                                                                                                                               29
30 IMPORTANT: Complete one column lines 23 - 33 before completing the next column.                                                                                                              30
31                                                                                                                        01/01/2023   01/01/2023   01/01/2023                     01/01/2023   31
32                                                                                                                        03/31/2023   05/31/2023   08/31/2023                     12/31/2023   32
33                                                                                                                                                                                              33
34 23 Figure your actual taxable income ...........................................................................       9999999 9999999 9999999 9999999                                       34
35                                                                                                                                                                                              35
36 24 Annualization amount...................... ........................................................................ 4            2.4          1.5                            1            36
37                                                                                                                                                                                              37
38 25 Multiply the amount on line 23 by the indicator on line 24 .......................................                  9999999 9999999 9999999 9999999                                       38
39                                                                                                                                                                                              39
40 26 Figure your Rhode Island tax on the amount on line 25 ..........................................                    9999999 9999999 9999999 9999999                                       40
41                                                                                                                                                                                              41
42 27 Applicable percentage.............................................................................................DRAFT20%       40%          60%                            80%          42
43                                                                                                                                                                                              43
44 28 Multiply the amount on line 26 by the applicable percentages on line 27.....................                        9999999 9999999 9999999 9999999                                       44
45                                                                                                                                                                                              45
46 29 Enter the combined amount from line 33 for all preceding periods...............................                     9999999 9999999 9999999 9999999                                       46
47                                                                                                                                                                                              47
48 30 Subtract line 29 from line 28 (not less than zero) ....................................................             9999999 9999999 9999999 9999999                                       48
49                                                                                                                                                                                              49
50 31 Enter the amount from RI-2210C, page 1, line 13 for the period plus the amount                                                                                                            50
51    from line 32 of this worksheet for the preceding period ...........................................                 9999999 9999999 9999999 9999999                                       51
52                                                                                                                                                                                              52
   32 If line 31 is more than line 30, SUBTRACT line 30 from line 31, OTHERWISE enter $009/07/2023
53                                                                                                                        9999999 9999999 9999999 9999999                                       53
54                                                                                                                                                                                              54
55 33 Enter the smaller of line 30 or line 31 here and on page 1, line 14..........................                       9999999 9999999 9999999 9999999                                       55
56                                                                                                                                                                                              56
57                                                                                                                                                                                              57
58                                                                                                                                                                                              58
59                                                                                                                                                                                              59
60                                                                                                                                                                                              60
61                                                                                                                                                                                              61
62                                                 Page 2                                                                                                                                       62
        1111111111222222222233333333334444444444555555555566666666667777777777888
34567890123456789012345678901234567890123456789012345678901234567890123456789012

              1111111111222222222233333333334444444444555555555566666666667777777777888
34567890123456789012345678901234567890123456789012345678901234567890123456789012
4             State of Rhode Island Division of Taxation                                                                                                       4
5             2023 Form RI-2210C                                                                                                                               5
6             Underpayment of Estimated Tax by Composite Filers                                                                                                6
7                                                                                                                                                              7
8                                                                                                                                                              8
                           PURPOSE OF THIS FORM                                     15th day of the sixth month of the taxable year.
9                                                                                                                                                              9
10 Entities should use this form to determine if their income tax was suffi-      Column C:                                                                    10
11 ciently prepaid throughout the year by having Rhode Island tax withheld or     ▪ Calendar year-end taxpayers: For tax year 2023, enter 9/15/2023.           11
12 by paying Rhode Island estimated tax.  If not, a charge may be imposed         ▪ Taxpayers with a fiscal-year end other than 12/31/2023 should enter the 12
   on the underpayment of the taxes.  Complete Part 1 of this form to deter-        15th day of the ninth month of the taxable year. 
13 mine if the payment of the charge may be avoided.                                                                                                           13
14                                                                                Column D:                                                                    14
15                PART 1 - REQUIRED ANNUAL PAYMENT                                ▪ Calendar year-end taxpayers: For tax year 2023, enter 01/15/2024.          15
16                                                                                ▪ Taxpayers with a fiscal-year end other than 12/31/2023 should enter the 16
   Line 1 - Enter your 2023 Rhode Island income tax from RI-1040C, line 11.         15th day of the month following the end of the taxable year. 
17                                                                                                                                                             17
18 Line 2 - Enter 80% of the amount shown on line 1.                              Line 13 - Divide the amount shown on line 6 by four (4) and enter the re-    18
19                                                                                sult in each column.                                                         19
20 Line 3 - Enter the amount of Nonresident real estate withholding and Non-                                                                                   20
   resident withholding received from pass-through entities for 2023 from RI-     Line 14 - If your income varies during the year , you may complete the an-
21 1040C, lines 13 and 14.                                                        nualized income installment worksheet.  However, if you complete and use 21
22                                                                                line 14 for any installment you must complete it and use it for all install- 22
23 Line 4 - Subtract line 3 from line 1.  If the result is $250.00 or less you do ments.                                                                       23
24 not owe any amount and need not complete the rest of this form.                                                                                             24
                                                                                  NOTE: COMPLETE LINES 15-17 FOR ONE COLUMN BEFORE  
25 Line 5 - Enter your 2022 RI tax - RI-1040C, line 11. If you had no federal tax COMPLETING THE NEXT COLUMN.                                                  25
26 liability for 2022, then enter zero (0).                                                                                                                    26
27                                                                                Line 15 - Enter the amount from line 13 (or from line 14, if line 14 was     27
28 Line 6 - Enter the smaller of line 2 or line 5 (including zero).  If line 6 is completed).                                                                  28
   zero, you do not owe any amount and need not complete the rest of this          
29 form.  However, you must attach this form to your Rhode Island                 Line 16 - Y ou are considered to have paid Rhode Island withholding tax      29
30 return.                                                                        evenly during the year unless you can show otherwise.  Therefore, you        30
31                                                                                are considered to have paid one-fourth of your Rhode Island withholding      31
32                     PART 2 - SHORTCUT METHOD                                   on each installment due date.   Divide the total amount withheld by 4 and    32
                                                                                  enter the results in each column.     
33 Line 7 - Enter the amount from line 6.                                                                                                                      33
34                                                                                Enter the estimated taxes paid that were for tax year 2023 plus any por-     34
35 Line 8 - Enter the amount of estimated tax paid, Nonresident real estate       tion of your overpayment from 2022, which you elected to be applied to       35
36 withholding and Nonresident withholding received from pass-through enti-       2023, as instructed below.                                                   36
   ties for 2023 from RI-1040C, lines 12, 13 and 14.                               
37                                                                                Column A:                                                                    37
38 Line 9 - Subtract line 8 from line 7.                                          Calendar year-end taxpayers: Enter those estimated payments made on          38
39                                                                                or before April 15, 2023.                                                    39
40 Line 10 - Multiply line 9 by 8.0046% (0.080046).                               Taxpayers with a year end other than December 31, 2023 should enter          40
                                                                                  those payments made on or before the 15th day of the fourth month of the 
41 Line -11If you paid the tax balance after 4/15/2024, enter zero (0). If you    taxable  year.                                                               41
42 paid the tax balance due before 4/15/2024, multiplyDRAFTthe number of days                                                                                  42
43 paid before 4/15/2024 by the amount on line 9 and by 0.000328 and enter        Column B:                                                                    43
44 the result on line 11.                                                         Calendar year-end taxpayers: Enter those estimated payments made be-         44
                                                                                  tween April 16, 2023 and June 15, 2023. 
45 Note: Taxpayers with a fiscal-year end other than December 31, 2023            Taxpayers with a year end other than December 31, 2023 should enter          45
46 should substitute 4/15/2024 with the 15th day of the fourth month following    those payments made between the 16th day of the fourth month of the          46
47 the end of their taxable year.                                                 taxable year and the 15th day of the sixth month of the taxable year.        47
48                                                                                                                                                             48
   Line 12 - Subtract line 11 from line 10.  Enter here and in the space          Column C:  
49 provided on RI-1040C, line 18.                                                 Calendar year-end taxpayers: Enter those estimated payments made be-         49
50                                                                                tween June 16, 2023 and September 15, 2023.                                  50
51                PART 3 - FIGURE YOUR UNDERPAYMENT                               Taxpayers with a year end other than December 31, 2023 should enter          51
52                                                                                those payments made between the 16th day of the sixth month of the tax-      52
   Payment Due Dates:                                         09/07/2023able year and the 15th day of the ninth month of the taxable year. 
53 Column A:                                                                                                                                                   53
54 ▪ Calendar year-end taxpayers: For tax year 2023, enter 4/15/2023.             Column D:                                                                    54
55 ▪ Taxpayers with a fiscal-year end other than 12/31/2023 should enter the      Calendar year-end taxpayers: Enter those estimated payments made be-         55
56   15th day of the fourth month        of the taxable year.                     tween September 16, 2023 and January 15, 2024.                               56
                                                                                  Taxpayers with a year end other than December 31, 2023 should enter 
57 Column B:                                                                      those payments made between the 16th day of the ninth month of the tax- 57
58 ▪ Calendar year-end taxpayers: For tax year 2023, enter 6/15/2023.             able year and the 15th day of the month following the end of the taxable     58
59 ▪ Taxpayers with a fiscal-year end other than 12/31/2023 should enter the      year.                                                                        59
60                                                                                                                                                             60
61                                                                                                                                                             61
62                                                                                Page I-1                                                                     62
              1111111111222222222233333333334444444444555555555566666666667777777777888
34567890123456789012345678901234567890123456789012345678901234567890123456789012

            1111111111222222222233333333334444444444555555555566666666667777777777888
34567890123456789012345678901234567890123456789012345678901234567890123456789012
4           State of Rhode Island Division of Taxation                                                                                                      4
5           2023 Form RI-2210C                                                                                                                              5
6           Underpayment of Estimated Tax by Composite Filers                                                                                               6
7                                                                                                                                                           7
8                                                                                                                                                           8
   If you filed your return on or before January 31, 2024 and paid the tax bal- the date of payment or the due date of the next installment as determined 
9  ance in full, then enter that amount in column D.  This only applies to      for line 18, whichever is earlier.                                          9
10 those taxpayers who either were not required to make a Rhode Island es-                                                                                  10
11 timated tax payment prior to the January 15, 2024 installment date or in-    Column C: Enter the number of days from the installment due date to the     11
12 cluded their January 15, 2024 installment payment with the tax balance       date of payment or January 1, 2024, whichever is earlier.                   12
   paid on or before January 31, 2024.                                           
13                                                                              Taxpayers with a fiscal-year end other than 12/31/2023 should enter the     13
14 Line 17 - Subtract line 16 from line 15 for any underpayments. Subtract      number of days from the installment due date determined under Part 3 to     14
15 line 15 from line 16 for any overpayments.  Any overpayments on line 17      the date of payment or the 1st of the month following the end of the tax-   15
16 should be used to increase the amount entered on line 16 for the next in-    able year, whichever is earlier.                                            16
   stallment period.  Any underpayment on line 17 should be used to de-          
17 crease the amount on line 16 for the next installment period.  However, if   Line 19b - Compute the charge using the applicable interest rates and       17
18 you entered amounts on line 14, annualized income installments, and the      number of days times underpayment entered on line 17 for each install-      18
19 amounts on line 17 are zero ($0) or less for all installment periods, then   ment period.  Divide the number of days from line 19a by the total number   19
20 enter zero ($0) on line 22 and file this form with your return.              of days in the year times the applicable interest rate times the amount of  20
                                                                                the underpayment on line 17 for each installment. 
21           PART 4 - HOW TO FIGURE THE CHARGE                                                                                                              21
22                                                                              Line 20a - Enter the number of days from January 1, 2024 to the date of     22
23 Payment Due Dates:                                                           payment or January 15, 2024, whichever is earlier.                          23
24 For each column, enter the payment due dates as determined under Part                                                                                    24
   3.                                                                           Taxpayers with a fiscal-year end other than 12/31/2023 should enter the 
25                                                                              number of days from the 1st of the month following the end of the taxable   25
26 Line 18 - Payment date or date of next installment, whichever is earlier.    year to the date of payment of the 15th day of the month following the end  26
27                                                                              of the taxable year, whichever is earlier.                                  27
28 Column A: Enter the date you paid the tax balance due for the current in-                                                                                28
   stallment or 6/15/2023, whichever is earlier.                                Line 20b - Compute the charge using the applicable interest rates and 
29 Taxpayers with a fiscal-year end other than 12/31/2023 should enter the      number of days times underpayment entered on line 17 for each install-      29
30 date you paid the tax balance due for the current installment  or the 15th   ment period.  Divide the number of days from line 20a by the total number   30
31 day of the sixth month of the taxable year, whichever is earlier.            of days in the year times the applicable interest rate times the amount of  31
32                                                                              the underpayment on line 17.                                                32
   Column B: Enter the date you paid the tax balance due for the current in-     
33 stallment or 9/15/2023, whichever is earlier.                                Line 21a - Enter the number of days from January 15, 2024 to the date of    33
34 Taxpayers with a fiscal-year end other than 12/31/2023 should substitute     payment or April 15, 2024, whichever is earlier.                            34
35 9/15/2023 with the 15th day of the ninth month of the taxable year.                                                                                      35
36                                                                              Taxpayers with a fiscal-year end other than 12/31/2023 should enter the     36
   Column C: Enter the date you paid the tax balance due for the current in-    number of days from the 15th day of the month following the end of the 
37 stallment or 01/01/2024, whichever is earlier.                               taxable year to the date of payment or the 15th day of the fourth month fol-37
38 Taxpayers with a fiscal-year end other than 12/31/2023 should substitute     lowing the end of the taxable year, whichever is earlier.                   38
39 01/01/2024 with the 1st day of the month following the end of the taxable                                                                                39
40 year.                                                                                                                                                    40
                                                                                Line 21b - Compute the charge using the applicable interest rates and 
41 Column D: Enter the date you paid the tax balance due for the current in-    number of days times underpayment entered on line 17 for each install-      41
42 stallment or 04/15/2024, whichever is earlier.  DRAFT ment period.  Divide the number of days from line 21a by the total number                          42
43 Taxpayers with a fiscal-year end other than 12/31/2023 should substitute     of days in the year times the applicable interest rate times the amount of  43
44 4/15/2024 with the 15th day of the fourth month following the end of their   the underpayment on line 17.                                                44
   taxable year.                                                                 
45                                                                              The interest rate to be used is 12% per annum.                              45
46 Line 19a - Number of days between payment/due dates                                                                                                      46
47                                                                              Line 22 - Add the amounts from all columns on lines 19b, 20b and 21b        47
48 Column A:                                                                    and enter the total here.  Include this amount with your tax balance pay-   48
   Calendar year-end taxpayers: Enter the number of days from 4/15/2023 to      ment and attach this form to your return.   
49 the date of payment or the due date of the next installment, whichever is                                                                                49
50 earlier.                                                                     If your Rhode Island tax return has previously been filed, send this form   50
51                                                                              along with any payment due to the:                                          51
52 Taxpayers with a fiscal-year end other than 12/31/2023 should enter the                                                                                  52
   number of days from the installment due date determined09/07/2023under Part 3 to              RI Division of Taxation 
53 the date of payment or the due date of the next installment as determined                     One Capitol Hill                                           53
54 for line 18, whichever is earlier.                                                            Providence, RI 02908-5806.                                 54
55                                                                                                                                                          55
56 Column:  B                                                                                                                                               56
   Calendar year-end taxpayers: Enter the number of days from 6/15/2023 to 
57 the date of payment or the due date of the next installment, whichever is                                                                                57
58 earlier.                                                                                                                                                 58
59                                                                                                                                                          59
60 Taxpayers with a fiscal-year end other than 12/31/2023 should enter the                                                                                  60
   number of days from the installment due date determined under Part 3 to 
61                                                                                                                                                          61
62                                                                            Page I-2                                                                      62
            1111111111222222222233333333334444444444555555555566666666667777777777888
34567890123456789012345678901234567890123456789012345678901234567890123456789012