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2024 RI-1040ES Rhode Island Resident and Nonresident Estimated Payment Coupons
WHO MUST MAKE ESTIMATED PAYMENTS WHEN AND WHERE TO MAKE ESTIMATES 12) Rebuild Rhode Island Tax CreditRIGL - §42-64.20
Every resident and nonresident individual shall 1st Estimate Due......................April 15, 2024 13) Stay Invested in RI Wavemaker Credit - RIGL §42-64.26
make estimated Rhode Island personal income tax 2nd Estimate Due.....................June 15, 2024 14) Historic Homeowner Assistance ActRIGL - §44-33.1
payments if his or her estimated Rhode Island per- 3rd Estimate Due.....................September 15, 2024 15) Low-Income Housing Tax Credits - RIGL §44-71
sonal income tax can be reasonably expected to be 4th Estimate Due.....................January 15, 2025
CHARGE FOR UNDERPAYMENT OF INSTALL-
$250 or more in excess of any credits allowable You do not have to make your January 15, 2025 pay- MENTS OF ESTIMATED TAX
against his or her tax, whether or not he or she is ment if you file your 2024 return by February 15, 2025,
required to file a federal estimated tax for such year. and pay the entire balance due with your return. An interest charge is imposed for underpayment of
Mail to: RI Division of Taxation an installment of estimated tax. The Rhode Island
JOINT RETURNS One Capitol Hill income tax law follows similar provisions of the
Married individuals may make joint payments as if Providence, RI 02908 Internal Revenue Code with respect to exceptions.
Such charge on any unpaid installment shall be com-
they were one taxpayer, in which case the liability You may also file electronically using Taxation’s Portal puted on the amount by which the actual pay-
with respect to the estimated tax shall be joint and Visit: https://taxportal.ri.gov
several. No joint payments may be made if the mar- ments and credits applied to the tax are less than
ried individuals are separated under a decree of ALLOWABLE CREDITS 80% of such installment at the time it is due. If it
divorce or of separate maintenance. If joint pay- Only the following credits are allowed against Rhode appears there was an underpayment of any
ments are made, but the married individuals deter- Island personal income tax: installment of estimated tax, you may attach Form
mine their Rhode Island income taxes separately, 1) RI Earned Income Credit - RIGL §44-30-2.6(c)(2)(N) RI-2210 (if any of the exceptions apply) to your
the estimated tax, for such period, may be treated as 2) Property Tax Relief CreditRIGL- §44-33 Rhode Island income tax return explaining why an
the estimated tax of either individual, or may be 3) RI Residential Lead Abatement Credit - RIGL§44-30.3 additional charge should not be made.
divided between them, as they may elect. 4) Credit for Taxes Paid to Other StatesRIGL - §44-30-18 PENALTIES
5) Historic Structures Tax Credit - RIGL§44-33.2 The law imposes penalties and interest charges for
CHANGES IN INCOME 6) Historic Preservation Tax Credits 2013RIGL - §44-33.6 failing to pay estimated tax due or for making false or
Even though on April 15, 2024 you do not expect 7) Motion Picture Production Tax Credit -RIGL §44-31.2 fraudulent statements.
your tax to be large enough to require making esti- 8) Musical and Theatrical Production Tax Credits -
mated payments, a change in income may require RIGL §44-31.3 OTHER QUESTIONS
you to make estimated payments later. 9) Child and Dependent Care Credit Further assistance may be obtained by calling the
10) Credits for Contributions to Scholarship Personal Income Tax Section at (401) 574-8829 and
HOW TO ESTIMATE YOUR TAX FOR 2024 Organizations - RIGL §44-62 selecting option #3, or by visiting the Rhode Island
Your 2024 estimated income tax may be based upon 11) RI New Qualified Jobs Incentive - RIGL §44-48.3 Division of Taxation’s website at www.tax.ri.gov.
your 2023 income tax liability. If you wish to compute 2024 Tax Rate Schedule - FOR ALL FILING STATUS TYPES
your 2024 estimated income tax, use the enclosed
estimated tax worksheet. Taxable Income (line 4) % of the
amount over
Over But not over Pay + on excess
0
CREDIT FOR INCOME TAX OVERPAYMENT $$77,450 $ --- 3.75% $ 0
Your credit for income tax overpayment from your 2023
Rhode Island income tax return may be deducted from 77,450 176,050 2,904.38 + 4.75% 77,450
the first installment of your 2024 estimated tax, and any 176,050 .......... 7,587.88 + 5.99% 176,050
excess credit from succeeding installments.
RECORD OF ESTIMATED PAYMENTS A B C D
Payment Check 2023 Overpayment Total amount paid and credited
Number Number Date Amount credit applied (add column B and Column C)
1.
2.
3.
4. DRAFT
Total
DETACH HERE AND MAIL WITH YOUR PAYMENT
STATE OF RHODE ISLAND ESTIMATED PAYMENT COUPON
2024 RI-1040ES DIVISION OF TAXATION - ONE CAPITOL HILL - PROVIDENCE, RI 02908
23101599990101
09/19/2023
YOUR SOCIAL SECURITY NUMBER Return this coupon with check or money order
payable to: Rhode Island Division of Taxation DUE DATE
SPOUSE’S SOCIAL SECURITY NUMBER, IF JOINT PAYMENT One Capitol Hill JANUARY 15, 2025
Providence, RI 02908
Please do not send cash with this coupon.
NAME
ADDRESS
ITE
CITY, STATE & ZIP CODE
1. ENTER
AMOUNT
FILE ONLY IF YOU ARE MAKING A PAYMENT OF ESTIMATED TAX DUE AND $ 0 0
PAID
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