§ 44-30-56. Payments of estimated tax. (a) General. The estimated Rhode Island personal income tax, in excess of any credits allowable against the tax, shall for each taxable year be paid not later than as follows:
(b) Late declarations. If a declaration is filed after the due date, including the date fixed by an extension, the installment payable on or before the filing date shall be paid at that time. The remaining installment shall be due on the prescribed date.
(c) Amendments of declaration. If an amendment of a declaration is filed, any remaining installments shall be ratably increased or decreased (as the case may be) to reflect any resultant increase or decrease in the estimated Rhode Island personal income tax, in excess of any credits allowable against the tax. If an amendment is made after September 15 of the taxable year, any resultant increase shall be paid at the time of filing the amendment.
(d) Fiscal year or short taxable year. This section shall apply to a taxable year other than a calendar year by the substitution of the months of a fiscal year for the corresponding specified months and shall apply to a taxable year of less than twelve (12) months under regulations of the tax administrator.
(e) The payments of estimated tax shall be a credit against tax for the taxable year as may appear on the tax return.
History of Section. (P.L. 1971, ch. 8, art. 1, § 1; P.L. 1971, ch. 204, art. 3, § 1.)
Copyright ©2024 LegalFix. All rights reserved. LegalFix is not a law firm, is not licensed to practice law, and does not provide legal advice, services, or representation. The information on this website is an overview of the legal plans you can purchase—or that may be provided by your employer as an employee benefit or by your credit union or other membership group as a membership benefit.
LegalFix provides its members with easy access to affordable legal services through a network of independent law firms. LegalFix, its corporate entity, and its officers, directors, employees, agents, and contractors do not provide legal advice, services, or representation—directly or indirectly.
The articles and information on the site are not legal advice and should not be relied upon—they are for information purposes only. You should become a LegalFix member to get legal services from one of our network law firms.
You should not disclose confidential or potentially incriminating information to LegalFix—you should only communicate such information to your network law firm.
The benefits and legal services described in the LegalFix legal plans are not always available in all states or with all plans. See the legal plan Benefit Overview and the more comprehensive legal plan contract during checkout for coverage details in your state.
Use of this website, the purchase of legal plans, and access to the LegalFix networks of law firms are subject to the LegalFix Terms of Service and Privacy Policy.