RI-2210: Underpayment of Estimated Tax by Individuals (2024)

Who files this form

Individuals use Form RI-2210 to check whether enough Rhode Island income tax was paid throughout 2024 through withholding or estimated payments, and to figure any underestimating interest. The form also covers estates.

Start with Part 1:

• If line 4, your 2024 Rhode Island tax minus withholding, is $250 or less, you do not owe a charge and do not need to complete the rest of the form.
• If line 6 is zero, you do not owe a charge or need to finish the form, but you must attach it to your Rhode Island return.
• If payments on line 16 cover the required amount on line 15 for every installment period, do not complete or file the form unless you report annualized income installments on line 14.

Form RI-1041 filers whose fiscal year does not end December 31, 2024, should use Form RI-2210C to calculate underestimating interest.

When it's due

For tax year 2024, the form lists these estimated-payment due dates:

• July 15, 2024: Column B.
• September 15, 2024: Column C.
• January 15, 2025: Column D.

Other dates that apply to the 2024 calculation:

• January 31, 2025: If you filed your return and paid the full balance by this date, you may enter that payment in Column D only if you were not required to make an estimated payment before January 15, 2025, or included that installment with the balance paid.
• March 1, 2025: Qualifying farmers and fishermen must have filed RI-1040 or RI-1040NR and paid the tax due by this date to meet the filing-and-payment test for exemption from the charge.
• April 15, 2025: Used as the payment cutoff in the shortcut calculation and the final interest-calculation endpoint in Part 4.

What you'll need

Have the information needed to complete the form:

• Your 2024 and 2023 Rhode Island returns, RI-1040, RI-1040NR, or RI-1041, for the tax amounts requested in Part 1.
• Your name and Social Security number or FEIN as shown on your return.
• Your 2024 Rhode Island withholding amounts.
• Amounts and dates of estimated payments for 2024, including any 2023 overpayment you chose to apply to 2024.
• The date and amount of any tax-balance payment.
• Taxable income for each period shown in Part 5, if you use the annualized income method.

If you use the special rule for no 2023 federal tax liability, you also need information about your 2023 federal tax liability, full-year Rhode Island residency, and whether your federal return covered a full 12 months.

How to file

Complete Part 1 first. Use Part 2 if you qualify for the shortcut method. Otherwise, complete Parts 3 and 4. Part 5 is available if your income varies during the year.

Report the underestimating interest on the applicable return:

• RI-1040, line 15b.
• RI-1040NR, line 18b.
• RI-1041, line 16b.

Attach Form RI-2210 to your Rhode Island return. The line 22 directions say to include the charge with your tax-balance payment.

If you already filed your Rhode Island return, attach your check to Form RI-2210 and mail it to:

RI Division of Taxation

One Capitol Hill

Providence, RI 02908-5806

Common mistakes

• Filling in Column A in Parts 3 or 4: Leave it blank for tax year 2024.
• Working across columns too soon: Complete Part 3, lines 15–17, for one column before moving to the next. Follow the same column-by-column approach for Part 5, lines 23–33.
• Annualizing only some installments: If you use line 14 for any installment, you must use it for all installments.
• Missing the 2024 annualization adjustment: Combine Part 5, line 33, Columns A and B, and enter the total on page 1, line 14, Column B.
• Skipping the status checkbox: Check the appropriate box if you are a farmer or fisherman or use the annualized income method.
• Not attaching the form when line 6 is zero: The instructions still require you to attach it to your Rhode Island return.

Questions people ask

Can I use the shortcut method?

Yes, if you made no estimated payments, or all four estimated payments were equal and paid by their due dates. You also must not have completed Part 5, the Annualized Income Installment Worksheet.

What if my income varied during the year?

You may use Part 5 to calculate annualized income installments. If you use those amounts on line 14 for one installment, you must use them for all installments.

Are farmers and fishermen exempt from the charge?

You may be exempt if farming or fishing provided at least two-thirds of your annual gross income and you filed RI-1040 or RI-1040NR and paid the tax due by March 1, 2025. If both tests are met, enter zero on RI-2210, line 22, and the applicable interest line on your return.

Is there an exception for estates?

Estates do not have to file a declaration of estimated tax for the first two years after the decedent’s death. If the estate qualifies for this payment exemption and is not subject to underestimating interest, enter zero on RI-2210, line 22, and RI-1041, line 16b.

Official sources

• https://tax.ri.gov/forms