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State of Rhode Island Division of Taxation
2024 RI-1041
Fiduciary Income Tax Return 24101799990101

You must check a Name of estate or trust Federal employer identification number
box:
Estates and Name and title of fiduciary
Trusts
Bankruptcy Address 1
Estate
Amended
Return Address 2

City, town or post office State ZIP code E-mail address

Year End Calendar Year: 01/01/2024 through 12/31/2024 Fiscal Year: beginning MM/DD/2024 through MM/DD/2025

Income

1 Federal total income of fiduciary from Federal Form 1041, line 9............................................................................... 1

2 Modifications increasing federal total income from Schedule M, line 2l................... 2

3 Modifications decreasing federal total income from Schedule M, line 1w................ 3

4 Net modifications. Combine lines 2 and 3 ................................................................................................................. 4

5 Modified federal total income. Combine lines 1 and 4 (add net increases or subtract net decreases) ...................... 5

6 Federal total deductions from Federal Form 1041, lines 16 and 22 (see instructions) ............................................ 6

7 RI taxable income. Subtract line 6 from line 5 ........................................................................................................... 7

8 Rhode Island income tax from RI-1041 Tax Computation Worksheet ........................................................................ 8

9 Allocation. Enter amount from page 3, line 35 (resident estate or trusts enter 1.0000) ......................................... 9 _ . _ _ _ _
10 Rhode Island income tax after allocation. Multiply line 8 by line 9........................................................................... 10
DRAFT
11 Credit for income taxes paid to other states from page 3, line(resident42 ). only............ 11

12 Other Rhode Island credits from RI Schedule CR, line 9 ........................................ 12

13 Total Rhode Island credits. Add lines 11 and 12 ......................................................................................................... 13

14 a Rhode Island income tax after Rhode Island credits. Subtract line 13 from line 10 (not less than zero) ................. 14a

b Recapture of Prior Year Other Rhode Island Credits from RI Schedule CR, line 12................................................... 14b
10/03/2024
c Electing Small Business Trust Tax (see instructions)................................................................................................ 14c

d RI Pass-Through Withholding from RI Schedule PTW - 1041, line 13........................................................................ 14d

e RI Pass-through Entity Election Tax from RI Schedule PTE, line 5................................................................................ 14e

f TOTAL RHODE ISLAND TAX AND WITHHOLDING. Add lines 14a through 14e...................................................... 14f

Revised
08/2024

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State of Rhode Island Division of Taxation
2024 RI-1041
Fiduciary Income Tax Return 24101799990102

Name of estate or trust Federal employer identification number

14 g Total tax and withholding from page 1, line 14f............................................................................................................ 14g

15a Rhode Island 2024 income tax withheld from RI Schedule W, line 16..................... 15a
All Forms W-2 and 1099 with RI withholding AND RI Schedule W must be attached.
b Payments on 2024 Form RI-1041ES and credits carried forward from 2023.......... 15b

c Nonresident real estate withholding (nonresident estate)...............or trust only 15c

d Rhode Island pass-through withholding paid on entity’s behalf............................... 15d

e Other payments ....................................................................................................... 15e

f Total payments. Add lines 15a through 15e................................................................................................................. 15f

g Previously issued overpayments (if filing an amended return).................................................................................... 15g

h NET PAYMENTS. Subtract line 15g from line 15f....................................................................................................... 15h

16a TAX DUE. If line 14g is larger than line 15h, SUBTRACT line 15h from line 14g... 16a

b Enter underestimating interest due. Add to line 16a or subtract from line 17.......... 16b

c TOTAL AMOUNT DUE. Add lines 16a and 16b.......................................................................................................... 16c

17 If line 15h is larger than line 14g, SUBTRACT line 14g from 15h. This is the amount you overpaid. 17
If there is an amount due for underestimating interest on line 16b, subtract line 16b from line 17.............................
18 Amount of overpayment to be refunded...................................................................................................................... 18

19 Amount of overpayment to be applied to 2025 estimated tax ..................................................................................... 19
DRAFT

Under penalties of perjury, I declare that I have examined10/03/2024this 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.
Authorized officer signature Print name 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
Mail to RI Division of Taxation - One Capitol Hill - Providence, RI 02908
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State of Rhode Island Division of Taxation
2024 RI-1041
Fiduciary Income Tax Return 24101799990103

Name of estate or trust Federal employer identification number

SCHEDULE I BENEFICIARY INFORMATION (All estates and trusts must complete this schedule)
If more space is needed, please attach the required information on a separate sheet of paper. State of
Name Address Residence Social Security Number

20 Beneficiary .......

21 Beneficiary .......

22 Beneficiary .......

23 Beneficiary .......

24 Beneficiary .......

25 Beneficiary .......

SCHEDULE II ALLOCATION AND MODIFICATION (To be completed by trusts and estates with nonresident beneficiaries)
Column A Column B Column C Column D Column E
Percent of Column A times total Column A times total Combine Columns B and C. Residents enter amount from
federal income net modifications (add net increases or col D. Nonresidents enter RI
beneficiaries’ page 1, line 1 page 1, line 4 subtract net decreases.) source income from col B.
interest
(must equal 100%) Total Federal Income Modifications to Federal Income Modified Federal Income Total RI Source Income
26 Beneficiary ...

27 Beneficiary ...
Resident
Beneficiaries 28 Beneficiary....

29 Beneficiary ...

30 Beneficiary ...
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Nonresident Beneficiaries 31 Beneficiary.....

32 Total ..................... 100%

33 Modifications to Rhode Island source income. Enter amount from column C that is included in column E .............. 33

34 Modified Rhode Island source income. Combine lines 32, col E and 33 (add net increases - subtract net decreases) 34

35 RI allocation. Divide line 34 by line 32, col D (not greater than 1.000). Enter here and on RI-1041, page 1, line 9.. 35
_ . _ _ _ _
SCHEDULE III CREDIT FOR INCOME TAXES PAID TO ANOTHER STATE10/03/2024 (resident estates or trusts only)
36 Rhode Island income tax from page 1, line 8 ............................................................................................................. 36
37 Income from other state. If more than one state, see instructions.............................................................................. 37
38 Modified federal total income from page 1, line 5........................................................................................................ 38
39 Divide line 37 by line 38 .............................................................................................................................................. 39 _ . _ _ _ _
40 Multiply line 36 by line 39 ............................................................................................................................................ 40
41 Tax due and paid to other state ........................................ Insert abbreviation for name of state paid 41
42 Maximum tax credit (line 36, 40 or 41, whichever is the SMALLEST). Enter here and on RI-1041, page 1, line 11. 42

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