Form RI-1041 Schedule M Ri(modifications to Federal Total Income - Rhode Island

What Is Form RI-1041 Schedule M?

This is a legal form that was released by the Rhode Island Department of Revenue - Division of Taxation - a government authority operating within Rhode Island.The document is a supplement to Form RI-1041, Fiduciary Income Tax Return - Draft. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is RI-1041 Schedule M RI?
A: RI-1041 Schedule M RI is a form used to report modifications to the Federal Total Income specifically for Rhode Island taxpayers.

Q: What is the purpose of RI-1041 Schedule M RI?
A: The purpose of RI-1041 Schedule M RI is to calculate the Rhode Island-specific adjustments or modifications to the Federal Total Income.

Q: Who needs to file RI-1041 Schedule M RI?
A: Rhode Island taxpayers who have modifications or adjustments to their Federal Total Income need to file RI-1041 Schedule M RI.

Q: What kind of modifications or adjustments can be reported on RI-1041 Schedule M RI?
A: RI-1041 Schedule M RI allows taxpayers to report Rhode Island-specific modifications or adjustments to their Federal Total Income, such as Rhode Island additions or subtractions.

Q: When is the deadline to file RI-1041 Schedule M RI?
A: The filing deadline for RI-1041 Schedule M RI is typically the same as the deadline for filing the Rhode Island income tax return, which is usually April 15th.

Q: Are there any fees or costs associated with filing RI-1041 Schedule M RI?
A: There are no specific fees or costs associated with filing RI-1041 Schedule M RI, but taxpayers may need to pay a fee if they choose to use a tax preparation software or hire a tax professional.

Q: Can RI-1041 Schedule M RI be filed electronically?
A: Yes, RI-1041 Schedule M RI can be filed electronically if the taxpayer is filing their Rhode Island income tax return electronically as well.