RI-1120POL: Political Organization Tax Return (2025)
Rhode Island · RI Division of Taxation · Used for tax years 2025
Form RI-1120POL is Rhode Island’s 2025 Political Organization Tax Return. It reports federal taxable income, Rhode Island deductions and adjusted taxable income, tax, payments, and any balance due or overpayment.
Who files this form
Complete the 2025 Rhode Island Form RI-1120POL only if your political organization has more than $100 in Political Organization Taxable Income under IRC Section 527(c).
When it's due
For tax year 2025, the return is due on or before the 15th day of the 3rd month after the close of the taxable year.
What you'll need
Have these forms and records available to complete the return:
- Federal Form 1120-POL, including federal taxable income from line 19.
- Records of exempt dividends and interest.
- Records of 2025 Form BUS-EST payments and any amounts credited from your prior-year RI-1120POL filing.
- Records of other payments, including payments made using Form BUS-EXT.
- Your organization's name, address, federal employer identification number, and taxable period ending date.
Use Form BUS-V to submit payment.
How to file
Complete the tax computation using federal taxable income from Federal Form 1120-POL, line 19. Enter the deductions, payments, and any interest or penalties that apply, then calculate the amount due or overpayment.
The return includes an authorized officer signature and declaration, along with paid preparer fields and a question asking whether the Division of Taxation may contact your preparer.
Mail the return to:
RI Division of Taxation
One Capitol Hill
Providence, RI 02908
Use Form BUS-V to submit payment.
Questions people ask
What deductions does the form list?
The form lists exempt dividends and interest on line 2a and a Rhode Island special deduction of $100 on line 2b. Add them on line 3.
What tax rate applies?
Multiply Rhode Island adjusted taxable income on line 4 by 7.5% (0.075). If the result is zero or less, enter zero on line 5.
Where do I report payments already made?
Report 2025 Form BUS-EST payments and amounts credited from your prior-year RI-1120POL filing on line 6a. Report other payments, including Form BUS-EXT payments, on line 6b.
Can I apply an overpayment to next year's estimated tax?
Yes. Enter the amount to be credited to 2026 estimated tax payments on line 13. Subtract that amount from the overpayment on line 12 to calculate the refund on line 14.
What charges does the form list for filing or paying late?
The form lists interest at 12% per year, or 1.0% per month. It also lists a late payment penalty of 0.5% per month, up to 25%, and a late filing penalty of 5% per month, up to 25%. The line instructions calculate each charge using the net tax due on line 8 and the number of months late.