Form Ri-1040h - Rhode Island Property Tax Relief Claim - 2010 Page 2
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2PART 6
WORKSHEET FOR COMPUTING TOTAL HOUSEHOLD INCOME
IF YOU DO NOT FILE A FEDERAL TAX RETURN, USE THE FOLLOWING WORKSHEET TO COMPUTE YOUR TOTAL HOUSEHOLD INCOME.
23.
Social Security (including Medicare premiums) and Railroad Retirement benefits.........................................................................
23.
24.
Unemployment benefits, worker’s compensation............................................................................................................................
24.
25.
Wages, salaries, tips, etc.................................................................................................................................................................
25.
26.
Dividends and interest (taxable and nontaxable)............................................................................................................................
26.
27.
27.
Business and Farm income (net of expenses)................................................................................................................................
28.
Pension and annuity income (taxable and nontaxable)...................................................................................................................
28.
29.
Rental income (net of expenses).....................................................................................................................................................
29.
30.
Partnership, estate and trust income...............................................................................................................................................
30.
31.
Total gain on sale or exchange of property......................................................................................................................................
31.
32.
Loss on sale or exchange of property (capital losses are limited to $3,000.00).............................................................................
32.
33.
Cash public assistance (welfare, etc.).............................................................................................................................................
33.
34.
Alimony and support money............................................................................................................................................................
34.
35.
Nontaxable military compensation and cash benefits......................................................................................................................
35.
36.
36.
Other taxable income, please specify: _____________________ .................................................................................................
37.
37.
TOTAL 2010 HOUSEHOLD INCOME - add lines 23 through 36, enter here and on form RI-1040H, page 1, line 8....................
Household
Percentage of income
COMPUTATION TABLE INSTRUCTIONS
income
allowable as credit
Step 1
Read down the column titled household income until you find the income range
1 person
2 or more
that includes the amount shown on line 8.
Less than 6,001
3%
3%
6,001 - 9,000
4%
4%
Step 2
Read across from the income range line determined in step 1 to find the percent
9,001 - 12,000
5%
5%
of income allowed as a credit. Enter this percentage on line 12 or line 19,
12,001 - 15,000
6%
5%
whichever applies.
15,001 - 30,000
6%
6%
GENERAL INSTRUCTIONS
If you are filing a Rhode Island income tax return and claiming a property tax
IMPORTANT DEFINITIONS
relief credit, attach RI-1040H to your Rhode Island income tax return. Your
What is meant by "homestead" - The term "homestead" means your Rhode
property tax relief credit will decrease any income tax due or increase any
Island dwelling, whether owned or rented, and so much of the land around
income tax refund. If you are not required to file a Rhode Island income tax
it as is reasonably necessary for the use of the dwelling as a home, but not
return, Form RI-1040H may be filed without attaching it to a Rhode Island
exceeding one acre. It may consist of a part of a multi-dwelling, a multi-
income tax return.
purpose building or another shelter in which people live. It may be an
apartment, a houseboat, a mobile home or a farm.
WHO MAY QUALIFY
What is meant by a "household" - The term "household" means one or more
To qualify for the property tax relief credit you must meet all of the following
persons occupying a dwelling unit and living as a single nonprofit house-
conditions:
keeping unit. Household does not mean bona fide lessees, tenants or
a) You must have been a legal resident of Rhode Island for the entire calen-
roomers and borders on contract.
dar year 2010.
What is meant by a “dependent” - The term “dependent” means any person
b) Your household income must have been $30,000.00 or less.
living in the household who is under the age of 18 who can be claimed by
c) You must have lived in a household or rented a dwelling that was subject to
someone else on their tax return.
property taxes.
What is meant by "household income" - The term "household income" means
d) You must be current on property tax due on your homestead for all prior
all income received both taxable and nontaxable by all persons of a house-
years and on any current installments.
hold in a calendar year while members of the household.
What is meant by "rent paid for occupancy only" - The term "rent paid for occu-
pancy only" means the gross rent paid only for the right of occupying your
WHO MAY CLAIM CREDIT
homestead. If you rented furnished quarters, or if utilities were furnished,
If you meet all of the qualifications outlined above, you should complete Form
such as heat, electricity, etc., then you must reduce the amount of gross
RI-1040H to determine if you are entitled to a credit.
rent by the reasonable rental value (not cost) of the furniture and the rea-
sonable value of such utilities as were furnished.
Only one person of a household may claim the credit.
LIMITATIONS ON CREDIT
The right to file a claim does not survive a person's death; therefore a claim
filed on behalf of a deceased person cannot be allowed. If the claimant dies
Under the provisions of Section 44-33-16, a claim for relief shall exclude all
after having filed a timely claim, the amount thereof will be disbursed to anoth-
taxes or rent paid with public assistance funds. The maximum amount of cred-
er member of the household as determined by the Tax Administrator.
it allowable under Chapter 44-33, Property Tax Relief Act, for calendar year
2010 is $300.00. In event that more than one person owns the residence, the
taxes will be divided by the owner's share.
WHEN AND WHERE TO FILE
Your property tax relief claim should be filed as soon as possible after
RENTED LAND
December 31, 2010. However, no claim for the year will be allowed unless
If you live on land that is rented and your home or trailer is subject to proper-
such claim is filed by April 15, 2011. However, an extension for filing may be
ty tax. Multiply the amount of rent you paid in 2010 by 20% and add the
allowed at the Tax Administrator's discretion for sickness, absence or other
amount to the property tax paid. Then enter the total on RI-1040H, line 10.
disability. Mail your property tax relief claim to the Rhode Island Division of
Example:
Taxation - One Capitol Hill - Providence, RI 02908-5806.
Rent (3,600 X 20%).......................
720.00
Property Tax...................................
+ 2,000.00
Amount to be entered on line 10...
2,720.00
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