RI Schedule HR1-Entity: Addback of Federal P.L. 119-21, H.R.1 Provisions (2025)
Rhode Island · RI Division of Taxation · Used for tax years 2025
The 2025 Rhode Island Schedule HR1 - Entity reports federal deductions under P.L. 119-21, H.R.1 that must be added back to determine Rhode Island taxable income. It includes adjustments for business interest expense, research and development expensing, business asset depreciation
Who files this form
The 2025 RI Schedule HR1-Entity reports specified deductions taken on a federal return that must be added back to determine Rhode Island taxable income.
The listed deductions cover business interest expense, a Section 174A research and development amortization adjustment, business asset depreciation under Section 179(b), and qualified sound recording production under Section 181.
What you'll need
The schedule asks for your name and federal employer identification number, along with the applicable deduction amounts from your federal return.
For business interest expense on line 1a, it identifies these federal return lines:
- Federal Form 1065, line 15
- Federal Form 1120, line 18
- Federal Form 1120-S, line 13
You also need the applicable federal deduction amounts for the Section 174A adjustment, Section 179(b) business asset depreciation, and Section 181 qualified sound recording production.
Questions people ask
Why are these federal deductions added back?
The form states that the listed P.L. 119-21, H.R.1 deductions taken on your federal return must be added back to determine Rhode Island taxable income.
How do I calculate the total?
Add lines 1a through 1e and enter the total on line 1f.
Where do I enter the total on my Rhode Island return?
The form directs you to enter the line 1f total on the applicable return:
- Form RI-1041, Schedule M, line 2k
- Form RI-1040C, Section A, line 2d
- Form RI-1065, Schedule C, line 1f
- Form RI-1120C, Schedule C, line 1e
- Form RI-1120S, Schedule C, line 1f
What is line 1e for?
Line 1e is marked “Reserved for future use.”