[Ritaxpronews] Rhode Island Division of Taxation - Inflation-adjusted amounts set for tax year 2022 and new Form RI-706

[Tirocchi, Amanda (DOR)]

Good morning, Everyone,

The Rhode Island Division of Taxation has announced a new and streamlined process for filing Estate Tax returns. Starting January 1, 2022, if you are the executor/executrix, administrator/administratrix, or personal representative for the estate of a decedent who passed after January 1, 2015, and are filing a taxable or a non-taxable estate return, you will need to use the new  RI-706 form. There has been no statutory change or change in the administration of the Estate Tax. This update is simply to streamline the forms used to file.
Read more about this update here: https://tax.ri.gov/media/18026/download?language=en

The Division has also announced the standard deduction amounts, tax bracket ranges, and other key items for the Rhode Island personal income tax for tax years beginning on or after January 1, 2022.
Find the inflation-adjusted amounts set for tax year 2022 as well as changes for certain items involving 2021 tax year here: https://tax.ri.gov/media/18021/download?language=en

Wishing you a very happy and restful Holiday Season. Looking forward to working with you all during filing season.

Thank you,
Amanda


Amanda Tirocchi
Internet Communications Specialist
Rhode Island Department of Revenue
Division of Taxation
One Capitol Hill, 1st Floor
Providence, RI 02908
(401)574-8184
Amanda.Tirocchi at tax.ri.gov<mailto:Amanda.Tirocchi at tax.ri.gov>


IMPORTANT:  Effective January 4, 2022, tax payments can no longer be made using the website which uses the following web address: https://www.ri.gov/taxation/business/index.php. Instead, online debit payments may only be made via the Division's Taxpayer Portal<https://taxportal.ri.gov/>, which can be accessed via the following address: https://taxportal.ri.gov<https://taxportal.ri.gov/>. To get a portal account or for questions, please call the Division at (401) 574-8484. Please activate your Taxpayer Portal<https://taxportal.ri.gov/> account as soon as possible.

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