INSTRUCTIONS: RHODE ISLAND STREAMLINED SALES TAX RETURN
Rhode Island is a member state of the national Streamlined Sales Tax Governing Board. Your company may register with this organization at no fee in order to consolidate and facilitate easier filing, though this is not mandatory. If your business registers, you can complete the streamlined sales tax return for the state. This form is found on the website of the Rhode Island Division of Taxation.
Rhode Island Streamlined Sales Tax Return Step 1: At the top of the form, enter the name of your business, its address, your permit number to file streamlined sales tax, and the start and end dates of the tax period in question.
Rhode Island Streamlined Sales Tax Return Step 2: On line 1, enter the total of your gross sales in this period.
Rhode Island Streamlined Sales Tax Return Step 3: On line 2, enter the total cost of personal property purchased and documented on a resale certificate used by you.
Rhode Island Streamlined Sales Tax Return Step 4: On line 3, enter the cost of all personal property purchased from an out-of-state retailer liable for use tax. On line 4, enter and describe any other tax liabilities. Enter the total of lines 1 through 4 on line 5.
Rhode Island Streamlined Sales Tax Return Step 5: Lines 6 through 13 concern sales exempt from sales and use tax. On line 6, enter the total of all sales of food and food ingredients.
Rhode Island Streamlined Sales Tax Return Step 6: On line 7, enter the total of all purchases made for resale. On line 8, enter the total of all eligible interstate purchases. On line 9, enter the total of all exempt newspaper sales.
Rhode Island Streamlined Sales Tax Return Step 7: On line 10, enter the total of all sales of prescription drugs and medicines.
Rhode Island Streamlined Sales Tax Return Step 8: On line 12, enter the total of all motor vehicle sales.
Rhode Island Streamlined Sales Tax Return Step 9: On line 13, enter any other eligible exempt sales or purchases and an explanation. total likes 6 through 13 on line 14.
Rhode Island Streamlined Sales Tax Return Step 10: Subtract line 14 from line 5. Enter the total on line 15 and multiply this by 7% to determine your total tax due on line 16.
