Tax Filing Requirements

Every business corporation, joint stock company or association exercising corporation functions or otherwise doing business in this state is required to file an annual tax return using Form RI-1120C and is subject to the income tax (minimum $400.00) under R.I. Gen. Laws § 44-11-2.

S Corporations:

A small business corporation having an election in effect under subchapter S of the Internal Revenue Code is required to file an annual tax return using Form RI-1120S and is subject to the income tax (minimum $400.00). If a subchapter S corporation is taxable for federal purposes, it must attach RI Schedule S and compute and pay any tax due at the 7% tax rate.

LLCs, LLPs, LPs, Partnerships and SMLLCs:

Limited liability companies not treated as a corporation on the federal level, limited liability partnerships, general partnerships, and single member limited liability companies are required to file an annual tax return using Form RI-1065. Such entities, with the exception of general partnerships shall be subject to an annual fee equal to the minimum tax imposed upon a corporation under R.I. Gen. Laws § 44-11-2(e). See Rhode Island Regulations 280-RICR-20-25-7 and 280-RICR-20-25-6 for more information.

Pass-through withholding requirements:

Pass-Through Entities such as “S” corporations, general partnerships, limited partnerships, limited liability partnerships, trusts or limited liability companies that are not taxed as corporations for federal tax purposes are required to withhold from the member’s share of income of the entity which is derived from or attributable to sources within this state distributed to each nonresident member and pay the withheld amount to the tax division at either the highest individual rate or seven percent (7%) for corporations.

Rate of Tax:

For a C Corporation, the rate of seven percent (7%) of net income apportioned to Rhode Island; or a minimum of $400.00, whichever amount shall yield the greatest tax. Limited liability companies, limited liability partnerships, limited partnerships, and limited liability companies not treated as a corporation on the federal level, including single member limited liability companies, shall pay an annual charge equal to the minimum tax imposed upon a corporation under R.I. Gen. Laws § 44-11-2(e).  See Combined Reporting page for more details on this requirement.

When are where to file:

Form RI-1120C: For calendar year and non-June 30 fiscal year end filers, Form RI-1120C is due on or before the fifteenth day of the fourth month following the close of the taxable year. For June 30 fiscal year end filers, Form RI-1120C is due on or before the fifteenth day of the third month following the close of the taxable year (September 15).

Form RI-1065 and RI-1120S: For all filers except for single-member LLC filers, Forms RI-1065 and RI-1120S are due on or before the fifteenth day of the third month following the close of the taxable year. For calendar year and non-June 30 fiscal year end single-member LLC filers, Form RI-1065 is due on or before the fifteenth day of the fourth month following the close of the taxable year.

For all June 30 fiscal year end filers, Forms RI-1065 and RI-1120S are due on or before the fifteenth day of the third month following the close of the taxable year (September 15).

Returns must be filed with: Rhode Island Division of Taxation One Capitol Hill, Suite 9 Providence, RI 02908-5811. A return is considered timely filed if it is mailed so as to bear a U.S. postmark on or before the applicable due date. 

Contact Us

Corporate Tax Section

Email:   Tax.Corporate@tax.ri.gov

Phone:  401.574.8935

Fax:      401.574.8932