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State of Rhode Island Division of Taxation
2023 Form RI-2210C
Underpayment of Estimated Tax by Composite Filers 23102599990101

Name shown on Form RI-1040C Federal employer identification number

CHECK THE BOX IF THE BELOW APPLIES :

TAXPAYER IS USING THE ANNUALIZATION OF INCOME METHOD

PART 1 - REQUIRED ANNUAL PAYMENT
1 Enter your 2023 RI income tax from RI-1040C, line 11............................................................................................................................... 1
2 Enter 80% of the amount shown on line 1................................................................................. 2
3 RI withheld taxes paid for 2023 from RI-1040C, lines 13 and 14.......................................................................................................... 3
4 Subtract line 3 from line 1. If the result is $250.00 or less, do not complete the rest of this form........................................................ 4
5 Enter2022your RI income tax from RI-1040C, line 11............................................................................................................................... 5
6 EnterSMALLERthe of line 2 or line 5.................................................................................................................................................. 6

PART 2 - SHORTCUT METHOD
You can use this method if you meet the following conditions (Otherwise, you must complete parts 3 and 4 to figure your underestimating interest):
1 You made no estimated payments ORall 4 estimated payments were equal and paid by the appropriate due dates;
2 ANDyou did not complete RI-2210C, part 5 (Annualized Income Installment Worksheet).
7 Enter the amount from Part 1, line 6 above................................................................................................................. 7
8 Total withholding and estimated tax you paid from RI-1040C, lines 12, 13 and 14............................................................................... 8
9 Underpayment. Subtract line 8 from line 7. If zero or less, enter $0.......................................................................... 9
10 Multiply line 9 by 8.0046% (0.080046)......................................................................................................................... 10
11 If the amount on line 9 was paid on or after 4/15/2024, enter $0
If the amount on line 9 was paid before 4/15/2024, make the following calculation:
The amount on line 9 (times) the number of days paid before 4/15/2024 (times) 0.000328 and enter the result here. 11
12 UNDERESTIMATING INTEREST. Subtract line 11 from line 10. Enter here and on RI-1040C, line 18
Attach this form to your Rhode Island return......................................................................................................... 12

PART 3 - FIGURE YOUR UNDERPAYMENT PAYMENT DUE DATES
Column A Column B Column C Column D
04/15/2023 06/15/2023 09/15/2023 01/15/2024
13 Divide the amount on line 6 by four (4) and enter the result in each column..... 13

14 Annualized income installments from Part 5, line 33. NOTE: Complete lines
15 through 17 in one column before completing the next column.................. 14

15 Enter the amount from line 13 or line 14 if applicable .................................... 15

16 Rhode Island tax withheld and estimated tax paid. If line 16 is equal to or
more than line 15 for all installment periods, do not complete or file this 16
form unless you report annualized income installments on line 14................
17 UNDERPAYMENT. Subtract line 16 from line 15 OR
OVERPAYMENT. Subtract line 15 from line 16.................................................. 17

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     State of Rhode Island Division of Taxation 
     2023 Form RI-2210C 
     Underpayment of Estimated Tax by Composite Filers                                                                            IMAGEONLY

Name shown on Form RI-1040C                                                                                                                Federal employer identification number

PART 4 - HOW TO FIGURE THE CHARGES                                                                                                PAYMENT DUE DATES
                                                                                                                       Column A   Column B   Column C                           Column D 
                                                                                                                       04/15/2023 06/15/2023 09/15/2023                         01/15/2024
18 Payment date or date listed in instructions for line 18, whichever is earlier...      18
                                                                                                                       MMDDYY     MMDDYY     MMDDYY                             MMDDYY
19 a Number of days from the installment date to the date of payment or the due
   date of the next installment, whichever is earlier (see instructions) ............... 19a                             days         days   days
   b Number of days on line 19a X 12% X underpayment on line 17....................
                      365                                                                19b
20 a Number of days from January 1, 2024 to the date of payment or January 15, 2024, whichever is earlier ........                    20a                        days
   b Number of days on line 20a X 12% X underpayment on line 17.......................................................................
                      366                                                                                                             20b
21 a Number of days from January 15, 2024 to the date of payment or April 15, 2024, whichever is earlier......................................                              21a    days
   b Number of days on line 21a X 12% X underpayment on line 17 .................................................................................................
                      366                                                                                                                                                   21b
22 UNDERESTIMATING INTEREST. Total amount from all columns on lines 19b, 20b and 21b. Enter here and on RI-1040C, 
   line 18.   Attach this form to your Rhode Island return................................................................................................................. 22

Part 5 Annualized Income Installment Worksheet
IMPORTANT: Complete one column lines 23 - 33 before completing the next column.

                                                                                                                       01/01/2023 01/01/2023 01/01/2023                         01/01/2023 
                                                                                                                       03/31/2023 05/31/2023 08/31/2023                         12/31/2023
23 Figure your actual taxable income ...........................................................................

24 Annualization amount...................... ........................................................................ 4          2.4        1.5                                1

25 Multiply the amount on line 23 by the indicator on line 24 .......................................

26 Figure your Rhode Island tax on the amount on line 25 ..........................................

27 Applicable percentage.............................................................................................  20%        40%        60%                                80%

28 Multiply the amount on line 26 by the applicable percentages on line 27.....................

29 Enter the combined amount from line 33 for all preceding periods...............................

30 Subtract line 29 from line 28 (not less than zero) ....................................................

31 Enter the amount from RI-2210C, page 1, line 13 for the period plus the amount  
   from line 32 of this worksheet for the preceding period ...........................................

32 If line 31 is more than line 30, SUBTRACT line 30 from line 31, OTHERWISE enter $0

33 Enter the smaller of line 30 or line 31 here and on page 1, line 14..........................

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        State of Rhode Island Division of Taxation 
        2023 Form RI-2210C 
        Underpayment of Estimated Tax by Composite Filers

                       PURPOSE OF THIS FORM                                            15th day of the sixth month of the taxable year.
                                                                                
Entities should use this form to determine if their income tax was suffi-      Column C: 
ciently prepaid throughout the year by having Rhode Island tax withheld or     ▪       Calendar year-end taxpayers: For tax year 2023, enter 9/15/2023. 
by paying Rhode Island estimated tax.  If not, a charge may be imposed         ▪       Taxpayers with a fiscal-year end other than 12/31/2023 should enter the 
on the underpayment of the taxes.  Complete Part 1 of this form to deter-              15th day of the ninth month of the taxable year. 
mine if the payment of the charge may be avoided.                               
                                                                               Column D: 
           PART 1 - REQUIRED ANNUAL PAYMENT                                    ▪       Calendar year-end taxpayers: For tax year 2023, enter 01/15/2024. 
                                                                               ▪       Taxpayers with a fiscal-year end other than 12/31/2023 should enter the 
Line 1 - Enter your 2023 Rhode Island income tax from RI-1040C, line 11.               15th day of the month following the end of the taxable year. 
                                                                                
Line 2 - Enter 80% of the amount shown on line 1.                              Line 13 - Divide the amount shown on line 6 by four (4) and enter the re-
                                                                               sult in each column.   
Line 3 - Enter the amount of Nonresident real estate withholding and Non-       
resident withholding received from pass-through entities for 2023 from RI-     Line 14 - If your income varies during the year    , you may complete the an-
1040C, lines 13 and 14.                                                        nualized income installment worksheet.  However, if you complete and use 
                                                                               line 14 for any installment you must complete it and use it for all install-
Line 4 - Subtract line 3 from line 1.  If the result is $250.00 or less you do ments.   
not owe any amount and need not complete the rest of this form.                 
                                                                               NOTE: COMPLETE LINES 15-17 FOR ONE COLUMN BEFORE  
Line 5 - Enter your 2022 RI tax - RI-1040C, line 11. If you had no federal tax COMPLETING THE NEXT COLUMN. 
liability for 2022, then enter zero (0).                                        
                                                                               Line 15 - Enter the amount from line 13 (or from line 14, if line 14 was 
Line 6 - Enter the smaller of line 2 or line 5 (including zero).  If line 6 is completed). 
zero, you do not owe any amount and need not complete the rest of this          
form. However, you must attach this form to your Rhode Island                  Line -16     You are considered to have paid Rhode Island withholding tax 
return.                                                                        evenly during the year unless you can show otherwise.  Therefore, you 
                                                                               are considered to have paid one-fourth of your Rhode Island withholding 
                 PART 2 - SHORTCUT METHOD                                      on each installment due date.   Divide the total amount withheld by 4 and 
                                                                               enter the results in each column.     
Line 7 - Enter the amount from line 6.                                          
                                                                               Enter the estimated taxes paid that were for tax year 2023 plus any por-
Line 8 - Enter the amount of estimated tax paid, Nonresident real estate       tion of your overpayment from 2022, which you elected to be applied to 
withholding and Nonresident withholding received from pass-through enti-       2023, as instructed below. 
ties for 2023 from RI-1040C, lines 12, 13 and 14.                               
                                                                               Column A:  
Line 9 - Subtract line 8 from line 7.                                          Calendar year-end taxpayers: Enter those estimated payments made on 
                                                                               or before April 15, 2023. 
Line 10 - Multiply line 9 by 8.0046% (0.080046).                               Taxpayers with a year end other than December 31, 2023 should enter 
                                                                               those payments made on or before the 15th day of the fourth month of the 
Line 11 - If you paid the tax balance after 4/15/2024, enter zero (0). If you  taxable year. 
paid the tax balance due before 4/15/2024, multiply the number of days          
paid before 4/15/2024 by the amount on line 9 and by 0.000328 and enter        Column B:  
the result on line 11.                                                         Calendar year-end taxpayers: Enter those estimated payments made be-
                                                                               tween April 16, 2023 and June 15, 2023. 
Note: Taxpayers with a fiscal-year end other than December 31, 2023            Taxpayers with a year end other than December 31, 2023 should enter 
should substitute 4/15/2024 with the 15th day of the fourth month following    those payments made between the 16th day of the fourth month of the 
the end of their taxable year.                                                 taxable year and the 15th day of the sixth month of the taxable year. 
                                                                                
Line 12 - Subtract line 11 from line 10.  Enter here and in the space          Column C:  
provided on RI-1040C, line 18.                                                 Calendar year-end taxpayers: Enter those estimated payments made be-
                                                                               tween June 16, 2023 and September 15, 2023. 
          PART 3 - FIGURE YOUR UNDERPAYMENT                                    Taxpayers with a year end other than December 31, 2023 should enter 
                                                                               those payments made between the 16th day of the sixth month of the tax-
Payment Due Dates:                                                             able year and the 15th day of the ninth month of the taxable year. 
Column A:                                                                       
▪ Calendar year-end taxpayers: For tax year 2023, enter 4/15/2023.             Column D:  
▪ Taxpayers with a fiscal-year end other than 12/31/2023 should enter the      Calendar year-end taxpayers: Enter those estimated payments made be-
  15th day of the fourth month of the taxable year.                            tween September 16, 2023 and January 15, 2024. 
                                                                               Taxpayers with a year end other than December 31, 2023 should enter 
Column B:                                                                      those payments made between the 16th day of the ninth month of the tax-
▪ Calendar year-end taxpayers: For tax year 2023, enter 6/15/2023.             able year and the 15th day of the month following the end of the taxable 
▪ Taxpayers with a fiscal-year end other than 12/31/2023 should enter the      year. 
                                                                                
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         State of Rhode Island Division of Taxation 
         2023 Form RI-2210C 
         Underpayment of Estimated Tax by Composite Filers

If you filed your return on or before January 31, 2024 and paid the tax bal- the date of payment or the due date of the next installment as determined 
ance in full, then enter that amount in column D.  This only applies to      for line 18, whichever is earlier.  
those taxpayers who either were not required to make a Rhode Island es-       
timated tax payment prior to the January 15, 2024 installment date or in-    Column C: Enter the number of days from the installment due date to the 
cluded their January 15, 2024 installment payment with the tax balance       date of payment or January 1, 2024, whichever is earlier. 
paid on or before January 31, 2024.                                           
                                                                             Taxpayers with a fiscal-year end other than 12/31/2023 should enter the 
Line 17 - Subtract line 16 from line 15 for any underpayments. Subtract      number of days from the installment due date determined under Part 3 to 
line 15 from line 16 for any overpayments.  Any overpayments on line 17      the date of payment or the 1st of the month following the end of the tax-
should be used to increase the amount entered on line 16 for the next in-    able year, whichever is earlier.  
stallment period.  Any underpayment on line 17 should be used to de-          
crease the amount on line 16 for the next installment period.  However, if   Line 19b - Compute the charge using the applicable interest rates and 
you entered amounts on line 14, annualized income installments, and the      number of days times underpayment entered on line 17 for each install-
amounts on line 17 are zero ($0) or less for all installment periods, then   ment period.  Divide the number of days from line 19a by the total number 
enter zero ($0) on line 22 and file this form with your return.              of days in the year times the applicable interest rate times the amount of 
                                                                             the underpayment on line 17 for each installment. 
          PART 4 - HOW TO FIGURE THE CHARGE                                   
                                                                             Line 20a - Enter the number of days from January 1, 2024 to the date of 
Payment Due Dates:                                                           payment or January 15, 2024, whichever is earlier. 
For each column, enter the payment due dates as determined under Part         
3.                                                                           Taxpayers with a fiscal-year end other than 12/31/2023 should enter the 
                                                                             number of days from the 1st of the month following the end of the taxable 
Line 18 - Payment date or date of next installment, whichever is earlier.    year to the date of payment of the 15th day of the month following the end 
                                                                             of the taxable year, whichever is earlier. 
Column A: Enter the date you paid the tax balance due for the current in-     
stallment or 6/15/2023, whichever is earlier.                                Line 20b - Compute the charge using the applicable interest rates and 
Taxpayers with a fiscal-year end other than 12/31/2023 should enter the      number of days times underpayment entered on line 17 for each install-
date you paid the tax balance due for the current installment  or the 15th   ment period.  Divide the number of days from line 20a by the total number 
day of the sixth month of the taxable year, whichever is earlier.            of days in the year times the applicable interest rate times the amount of 
                                                                             the underpayment on line 17.  
Column B: Enter the date you paid the tax balance due for the current in-     
stallment or 9/15/2023, whichever is earlier.                                Line 21a - Enter the number of days from January 15, 2024 to the date of 
Taxpayers with a fiscal-year end other than 12/31/2023 should substitute     payment or April 15, 2024, whichever is earlier.  
9/15/2023 with the 15th day of the ninth month of the taxable year.           
                                                                             Taxpayers with a fiscal-year end other than 12/31/2023 should enter the 
Column C: Enter the date you paid the tax balance due for the current in-    number of days from the 15th day of the month following the end of the 
stallment or 01/01/2024, whichever is earlier.                               taxable year to the date of payment or the 15th day of the fourth month fol-
Taxpayers with a fiscal-year end other than 12/31/2023 should substitute     lowing the end of the taxable year, whichever is earlier. 
01/01/2024 with the 1st day of the month following the end of the taxable     
year.                                                                         
                                                                             Line 21b - Compute the charge using the applicable interest rates and 
Column D: Enter the date you paid the tax balance due for the current in-    number of days times underpayment entered on line 17 for each install-
stallment or 04/15/2024, whichever is earlier.                               ment period.  Divide the number of days from line 21a by the total number 
Taxpayers with a fiscal-year end other than 12/31/2023 should substitute     of days in the year times the applicable interest rate times the amount of 
4/15/2024 with the 15th day of the fourth month following the end of their   the underpayment on line 17.  
taxable year.                                                                 
                                                                             The interest rate to be used is 12% per annum. 
Line 19a - Number of days between payment/due dates                           
                                                                             Line -22Add the amounts from all columns on lines 19b, 20b and 21b 
Column A:                                                                    and enter the total here.  Include this amount with your tax balance pay-
Calendar year-end taxpayers: Enter the number of days from 4/15/2023 to      ment and attach this form to your return.   
the date of payment or the due date of the next installment, whichever is     
earlier.                                                                     If your Rhode Island tax return has previously been filed, send this form 
                                                                             along with any payment due to the: 
Taxpayers with a fiscal-year end other than 12/31/2023 should enter the       
number of days from the installment due date determined under Part 3 to                       RI Division of Taxation 
the date of payment or the due date of the next installment as determined                     One Capitol Hill 
for line 18, whichever is earlier.                                                            Providence, RI 02908-5806. 
 
Column:  B
Calendar year-end taxpayers: Enter the number of days from 6/15/2023 to 
the date of payment or the due date of the next installment, whichever is 
earlier. 
 
Taxpayers with a fiscal-year end other than 12/31/2023 should enter the 
number of days from the installment due date determined under Part 3 to 

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