RI Schedule PTE: Pass-Through Entity Election Tax Schedule (2025)
Rhode Island · RI Division of Taxation · Used for tax years 2025
Rhode Island’s 2025 Schedule PTE calculates the pass-through entity election tax on income apportioned to Rhode Island. It also reports Rhode Island pass-through entity tax included on specified federal returns and calculates the maximum state tax credit that can be passed throug
What you'll need
Gather the information requested on the schedule:
- Entity name, federal employer identification number, and accounting method: cash basis or accrual.
- Total pass-through entity income apportioned to Rhode Island.
- The percentage of the economic benefit received by each individual member in the entity.
- The amount of Rhode Island pass-through entity tax included on the applicable federal return: US Form 1041, line 11; US Form 1065, line 14; or US Form 1120-S, line 12.
Common mistakes
- Do not pass through more than the allowable state tax credit. Part C identifies 90% of the election tax from Part A, line 5, as the maximum credit that can be passed through to members.
Questions people ask
What tax rate does the 2025 schedule use?
Part A, line 4, lists an individual tax rate of 5.99%.
How is the pass-through entity election tax calculated?
In Part A, multiply total pass-through entity income apportioned to Rhode Island on line 1 by the economic benefit percentage on line 2. Enter the result on line 3, then multiply it by 5.99% to calculate the election tax on line 5.
Where do I transfer the election tax amount?
Enter the amount from Part A, line 5, on the applicable Rhode Island return: Form RI-1041, line 14e; Form RI-1065, line 7d; or Form RI-1120S, line 7d.
How much state tax credit can be passed through to members?
Part C directs you to multiply the election tax from Part A, line 5, by 90% (0.90). The result is the maximum credit that can be passed through to members.