Tax Rate Schedule and Worksheets: Tax Rate Schedule, Deduction and Exemption Worksheets (2024)
Rhode Island · RI Division of Taxation · Used for tax years 2024
The 2024 Rhode Island Tax Rate Schedule and Worksheets help calculate tax, the standard deduction, and exemptions for Form RI-1040 or RI-1040NR. The tax rate schedule covers all filing status types, and the worksheets calculate deduction and exemption amounts using modified feder
What you'll need
To use the 2024 schedule and worksheets, have these figures available:
- Your modified federal adjusted gross income (AGI) from RI-1040 or RI-1040NR, page 1, line 3.
- Your taxable income from RI-1040 or RI-1040NR, line 7, for the tax rate schedule.
- Your filing status, for the standard deduction worksheet.
- Your total number of exemptions, for the exemption worksheet.
Common mistakes
- Continuing when the worksheet says to stop. If your modified federal AGI on worksheet line 2 is not more than $246,450, stop and transfer worksheet line 1 to your return. Use page 1, line 4 for the standard deduction or page 1, line 6 for exemptions.
- Rounding down on worksheet line 6. After dividing line 5 by $7,050, increase any result that is not a whole number to the next higher whole number. The worksheets give the example of increasing 0.0004 to 1.
- Missing the zero-amount stop rule. If the subtraction result on worksheet line 5 is more than $28,200, stop. Enter $0 on RI-1040 or RI-1040NR, page 1, line 4 for the deduction or line 6 for exemptions.
Questions people ask
What are the starting standard deduction amounts for 2024?
The standard deduction worksheet lists:
- Single: $10,550.
- Married filing jointly: $21,150.
- Qualifying widow(er): $21,150.
- Married filing separately: $10,575.
- Head of household: $15,850.
The worksheet applies a phaseout when modified federal AGI is more than $246,450.
How do I calculate the starting exemption amount?
Multiply $4,950 by your total number of exemptions. The exemption worksheet applies a phaseout when modified federal AGI is more than $246,450.
Where do I enter the worksheet results?
Enter the standard deduction result on RI-1040 or RI-1040NR, page 1, line 4. Enter the exemption result on page 1, line 6.
Does the 2024 tax rate schedule apply to all filing statuses?
Yes. The schedule is labeled for all filing status types. Use taxable income from RI-1040 or RI-1040NR, line 7.