Enlarge image | State of Rhode Island Division of Taxation 2023 Form RI-1040H Rhode Island Property Tax Relief Claim 23100299990101 First nameYour first name MI Last name MI Last name Suffix Deceased?Deceased?Deceased? Y YYour social security numberour social security numberour social security number YeYess Spouse’s first name MI Last name Suffix Deceased?Deceased? Spouse’Spouse’s social security numbers social security number YeYess Mailing addressMailing address New address?New address? Daytime telephone numberDaytime telephone number YeYess CityCity, town or post office, town or post office StateState ZIP codeZIP codeZIP code CityCityCity ororor towntowntown ofofof legallegallegal residenceresidenceresidence HomeHomeHomeHome Address if using a PO Box or if your Mailing Address is different from Home AddressAddressEmailEmailEmailEmailif usingaddressaddressaddressaddressa PO Box or if your Mailing Address is different from Home AddressAddress if using a PO Box or if your Mailing Address is different from Home AddressAddress if using a PO Box or if your Mailing Address is different from Home Address PART 1ELIGIBILITY. IF YOU ANSWER NO TO ANY OF THESE QUESTIONS, YOU ARE NOT ELIGIBLE FOR THIS CREDIT. STOP HERE. DO NOT COMPLETE THE REST OF THIS FORM. A Were you domiciled in Rhode Island for all of 2023?.................................................................................. A YES NO B In 2023 did you live in a household or rent a dwelling that was subject to property tax?............................ B YES NO C Are you current for property taxes or rent due on the homestead for 2023 and all prior years?................. C YES NO D Were you or your spouse 65 years of age or older and/or disabled as of December 31, 2023?................ D ELIGIBILITY YES NO E Was your 2023 total household income from page 2, line 32 $37,870 or less?.......................................... E YES NO PART 2 ADDITIONAL INFORMATION - ATTACH A COPY OF YOUR 2023 SOCIAL SECURITY AWARD LETTER OR FORM 1099 TO 1040H FORM 1a Enter the total amount of public assistance received by all members of your household........................... 1a b Enter your total household income from page 2, line 32............................................................................. 1b c Enter your date of birth ............................ / / 1d Enter spouse's date of birth ..................... / / INFO e Were you or your spouse disabled and receiving Social Security Disability payments during 2023? 1e YES NO f Indicate the number of persons in your household ..................................................................................... 1f g Enter the number of persons from 1f who are dependents under the age of 18........................................ 1g PART 3 TO BE COMPLETED BY HOMEOWNERS ONLY– ATTACH A COPY OF YOUR 2023 PROPERTY TAX BILL TO 1040H FORM 2 Enter the amount of property taxes you paid or will pay for 2023............................................................... 2 3 Using your household income from line 1b enter percentage from the computation table located on pg 3 3 % 4 Multiply amount on line 1b by percentage on line 3.................................................................................... 4 HOME 5 Tentative credit. Subtract line 4 from line 2. If line 4 is greater than line 2, enter zero.............................. 5 OWNERS 6 PROPERTY TAX RELIEF. Line 5 or $650.00, whichever is LESS.............................................................. 6 PART 4 TO BE COMPLETED BY RENTERS ONLY– ATTACH A COPY OF YOUR 2023 LEASE OR 3 RENT RECEIPTS TO 1040H LANDLORD INFORMATION (REQUIRED) Name: Address: Telephone number: 7 Enter the amount of rent you paid in 2023.................................................................................................. 7 8 Multiply the amount on line 7 by twenty (20) percent (0.2000).................................................................... 8 9 Using your household income from line 1b enter percentage from the computation table located on pg 3 9 % 10 Multiply amount on line 1b by percentage on line 9.................................................................................... 10 11 Tentative credit. Subtract line 10 from line 8. If line 10 is greater than line 8, enter zero.......................... 11 RENTERS 12 PROPERTY TAX RELIEF. Line 11 or $650.00, whichever is LESS............................................................ 12 CREDIT 13 PROPERTY TAX RELIEF. Line 6 or line 12, whichever applies. Enter here and on Form RI-1040, line 14c....... 13 RETURN MUST BE SIGNED - SIGNATURE IS LOCATED ON PAGE 2 Mailing address: RI Division of Taxation, One Capitol Hill, Providence, RI 02908-5806 |
Enlarge image | State of Rhode Island Division of Taxation 2023 Form RI-1040H Rhode Island Property Tax Relief Claim 23100299990102 YYour nameour name YourYsocial security numberour social security number PART 5 ENTER ALL INCOME RECEIVED BY YOU AND ALL OTHER PERSONS LIVING IN YOUR HOUSEHOLD Enter the income amounts from your 2023 federal 1040 on the appropriate lines below. If you did not file a federal 1040, enter your income amounts on the appropriate lines below. 14 Wages, salaries, tips, etc. from Federal Form 1040 or 1040-SR, line 1z........................................................... 14 15 Interest and dividends (taxable and nontaxable) from Federal Form 1040 or 1040-SR, lines 2a, 2b and 3b......... 15 16 Taxable refunds, credits or offsets of state and local income taxes from Federal Form 1040 or 1040-SR, 16 Sch 1, line 1....................................................................................................................................................... 17 Alimony received from Federal Form 1040 or 1040-SR, Schedule 1, line 2a.............................................. 17 18 Business income (or loss) from Federal Form 1040 or 1040-SR, Schedule 1, line 3.................................. 18 19 Sale or exchange of property from Federal Form 1040 or 1040-SR line 7 or Federal Form 1040 or 1040- 19 SR Schedule 1, line 4.................................................................................................................................. 20 IRA distributions, and pensions and annuities from Federal Form 1040 or 1040-SR, line 4a and 5a. If 20 your pension and/or annuity is fully taxable, use the amount from Federal Form 1040 or 1040-SR, line 5b 21 Rental real estate, royalties, S corps, trusts, etc. from Federal Form 1040 or 1040-SR, Sch 1, line 5........ 21 22 Farm income or loss from Federal Form 1040 or 1040-SR, Schedule 1, line 6.......................................... 22 23 Unemployment compensation from Federal Form 1040 or 1040-SR, Schedule 1, line 7............................... 23 24 Social security benefits (including Medicare premiums) taxable and nontaxable, and Railroad 24 Retirement Benefits from Federal Form 1040 or 1040-SR, line 6a............................................................. 25 Other income from Federal Form 1040 or 1040-SR, Schedule 1, line 9..................................................... 25 26 Total income from Federal 1040 or 1040-SR- taxable and nontaxable. Add lines 14 through 25.................... 26 27 Deductions from Federal Form 1040 or 1040-SR, line 10.................................................................................. 27 HOUSEHOLD INCOME WORKSHEET 28 Adjusted income. Subtract line 27 from line 26.......................................................................................... 28 29 Cash public assistance received. Enter here and on page 1, Part 2, line 1a............................................. 29 30 Other non-taxable income including child support, worker’s compensation and monetary gifts................. 30 31 Addback of rental losses, etc. from lines 18, 19, 21, 22 or 25 above.......................................................... 31 32 TOTAL 2023 HOUSEHOLD INCOME. Add lines 28, 29, 30 and 31. Enter here and on page 1, line 1b....... 32 33 Bank Account Withdrawals (see instructions).............................................................................................. 33 Under penalties of perjury, I declare that I have examined this return and accompanying schedules and statements, and to the best of my knowledge and belief, it is true, accurate and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge. Your signature Spouse’s signature Date Telephone number Paid preparer signature Print name Date Telephone number Paid preparer address City, town or post office State ZIP code PTIN May the Division of Taxation contact your preparer? YES Revised 11/2023 |
Enlarge image | State of Rhode Island Division of Taxation 2023 Form RI-1040H Rhode Island Property Tax Relief Claim GENERAL INSTRUCTIONS WHEN AND WHERE TO FILE IMPORTANT DEFINITIONS Form RI-1040H must be filed by April 15, 2024. What is meant by “bank account withdrawals” - The term “bank account withdrawals” Even if you are seeking a filing extension for your Rhode Island income tax return, RI- means withdrawals made by any persons of a household from a bank account to 1040, Form RI-1040H must be filed by April 15, 2024. An extension of time to file pay rent, property taxes or other personal expenses for the year. Report this amount Form RI-1040,NOTdoes extend the time to file Form RI-1040H. on line 33. This is not classified as additional taxable income, but it is understood that some individuals may use prior deposits to pay current year rent, property tax If filing with Form RI-1040, your property tax relief credit will decrease any income tax or other personal expenses. As with all reported items on this return, documentation due or increase any income tax refund. may be requested. If you are not required to file a Rhode Island income tax return, Form RI-1040H may be What is meant by a “dependent” - The term “dependent” means any person living in filed by itself without attaching it to a Rhode Island income tax return. However, Form the household who is under the age of 18 who can be claimed by someone else on RI-1040H must be filed by April 15, 2024. their tax return. Your property tax relief claim should be filed as soon as possible after December 31, What is meant by “disabled” - The term "disabled" means you are receiving a social 2023. However, no claim for the year 2023 will be allowed unless such claim is filed security disability benefit. by April 15, 2024. For additional filing instructions, see R.I. Gen. Laws § 44-33. Mail your property tax relief claim to the Rhode Island Division of Taxation - One What is meant by “homestead” - The term "homestead" means your Rhode Island Capitol Hill - Providence, RI 02908-5806. dwelling, whether owned or rented, and so much of the land around it as is reason- ably necessary for the use of the dwelling as a home, but not exceeding one acre. WHO MAY QUALIFY It may consist of a part of a multi-dwelling, a multi-purpose building or another shel- To qualify for the property tax relief credit you must meet allof the following conditions: ter in which people live. It may be an apartment, a houseboat, a mobile home or a a) You must be sixty-five (65) years of age or older and/or disabled. farm. b) You must have been domiciled in Rhode Island for the entire calendar year 2023. c) Your household income must have been $37,870.00 or less. What is meant by a “household” - The term "household" means one or more persons d) You must have lived in a household or rented a dwelling that was subject to property occupying a dwelling unit and living as a single nonprofit housekeeping unit. House- taxes. hold does not mean bona fide lessees, tenants or roomers and borders on contract. e) You must be current on property tax and rent payments due on your homestead for all prior years and on any current installments. What is meant by “household income” - The term "household income" means all income received both taxable and nontaxable by all persons of a household in a calendar WHO MAY CLAIM CREDIT year while members of the household. If you meet all of the qualifications outlined above, you should complete Form RI-1040H to determine if you are entitled to a credit. What is meant by “public assistance” - The term “public assistance” means cash as- sistance from government assistance programs informally known as welfare assis- Only one person of a household may claim the credit. If there are multiple individuals tance, and more commonly known as “Temporary Assistance for Needy Families within a household, the taxable and non-taxable income of all household members (TANF)”. Under R.I. Gen. Laws § 44-33-16, a claim for property tax relief shall ex- must be included in part 5 of this return. If the household income of all members is clude all taxes or rent paid with public assistance. less than or equal to the $37,870.00 threshold, the credit may still be claimed, but only by one member of the household. Note: Part 5, line 29 and Part 2, line 1a must be equal. The right to file a claim does not survive a person's death; therefore a claim filed on What is meant by "rent paid for occupancy only " - The term "rent paid for occupancy behalf of a deceased person cannot be allowed. If the claimant dies after having filed only" means the gross rent paid only for the right of occupying your homestead. If a timely claim, the amount thereof will be disbursed to another member of the house- you rented furnished quarters, or if utilities were furnished, such as heat, electricity, hold as determined by the Tax Administrator. etc., then you must reduce the amount of gross rent by the reasonable rental value (not cost) of the furniture and the reasonable value of such utilities as were fur- nished. ATTACHMENTS - Keep your originals - send in copies Attached to this claim shall be: LIMITATIONS ON CREDIT For homeowners: A copy of your 2023 property tax bill. Under the provisions of R.I. Gen. Laws § 44-33-16, a claim for relief shall exclude all For renters: Copies of three (3) rent receipts for the year 2023, or a copy of your 2023 taxes or rent paid with public assistance funds. The maximum amount of credit allow- lease agreement. You should keep your original rent receipts and send in photo- able under Chapter 44-33, Property Tax Relief Act, for calendar year 2023 is $650.00. copies printed on letter sized (8 1/2” x 11”) paper. In the event that more than one person owns the residence, the taxes will be divided If you lived in subsidized housing, attach a copy of your HUD statement. by the owner's share. If you are a claimant under age 65, you MUST attach a copy of your social secu- rity disability award letter or Form 1099-SSA for the year 2023. RENTED LAND If you live on land that is rented and your home or trailer is subject to property tax. Mul- tiply the amount of rent you paid in 2023 by 20% and add the amount to the property tax paid. Then enter the total on RI-1040H, line 2. Example: Rent ($3,600 X 20%)........................ ___________ Property Tax...................................... ___________ Amount to be entered on line 2......... ___________ COMPUTATION TABLE INSTRUCTIONS Household Percentage of income Step 1 Read down the column titled household income until you find the income range income allowable as credit that includes the amount shown on line 32. 1 person 2 or more Less than 6,496 3% 3% Step 2 Read across from the income range line determined in step 1 to find the percent 6,496 - 9,740 4% 4% of income allowed as a credit. Enter this percentage on line 3 or line 9, 9,741 - 12,985 5% 5% whichever applies. 12,986 - 16,230 6% 5% 16,231 - 37,870 6% 6% |