2012
RHODE ISLAND TAX RATE SCHEDULE AND WORKSHEETS
2012 Tax Rate Schedule - FOR ALL FILING STATUS TYPES
Taxable Income (from RI-1040 or RI-1040NR, line 7)
%
of the
amount over
Over
But not over
Pay
on excess
+
---
0
$
3.75%
0
$
$
57,150
$
+
57,150
2,143.13
4.75%
129,900
57,150
129,900
5,598.75
5.99%
..........
+
129,900
STANDARD DEDUCTION WORKSHEET for RI-1040 or RI-1040NR, Page 1, line 4
1.
Enter applicable standard deduction amount from the chart below: .....................................................................................
1.
Single
$7,800
Married filing jointly
$15,600
Qualifying widow(er)
$15,600
Married filing separately
$7,800
Head of household
$11,700
2.
Enter your modified federal AGI from RI-1040 or RI-1040NR, page 1, line 3 ...............................
2.
3.
Is the amount on line 2 more than $181,900?
STOP HERE!
Yes. Continue to line 4.
No.
Enter the amount from line 1 on form RI-1040 or RI-1040NR, Page 1, line 4.
$181,900
4.
4.
Standard deduction phaseout amount ..........................................................................................
5.
5.
Subtract line 4 from line 2.
If the result is more than $20,800, STOP HERE.
Your standard deduction amount is zero ($0). Enter $0 on form RI-1040 or RI-1040NR, Page 1, line 4.
Divide line 5 by $5,200. If the result is not a whole number, increase it to the next higher whole
6.
6.
number (for example, increase 0.0004 to 1). .................................................................................
7.
Enter the applicable percentage from the chart below
If the number on line 6 is:
then enter on line 7
}
1
0.8000
2
0.6000
3
0.4000
4
0.2000
_ . _ _ _ _
0
7.
8.
Deduction amount. Multiply line 1 by line 7. Enter here and on form RI-1040 or RI-1040NR, Page 1, line 4 ...................
8.
EXEMPTION WORKSHEET for RI-1040 or RI-1040NR, Page 1, line 6
1.
Multiply $3,650 by the total number of exemptions .......................... .....................................................................................
1.
2.
Enter your modified federal AGI from RI-1040 or RI-1040NR, page 1, line 3 ................................
2.
3.
Is the amount on line 2 more than $181,900?
STOP HERE!
Yes. Continue to line 4.
No.
Enter the amount from line 1 on form RI-1040 or RI-1040NR, Page 1, line 6.
$181,900
4.
Exemption phaseout amount ..........................................................................................................
4.
Subtract line 4 from line 2.
5.
5.
If the result is more than $20,800, STOP HERE.
Your exemption amount is zero ($0). Enter $0 on form RI-1040 or RI-1040NR, Page 1, line 6.
Divide line 5 by $5,200. If the result is not a whole number, increase it to the next higher whole
6.
6.
number (for example, increase 0.0004 to 1)...................................................................................
7.
Enter the applicable percentage from the chart below
If the number on line 6 is:
then enter on line 7
}
1
0.8000
2
0.6000
3
0.4000
4
0.2000
_ . _ _ _ _
0
7.
8.
Exemption amount. Multiply line 1 by line 7. Enter here and on form RI-1040 or RI-1040NR, Page 1, line 6 ..................
8.
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