Depositing and Reporting Withheld Taxes: Rhode Island
Federal law and guidance on this subject should be reviewed together with this section.
Author: William E. O'Gara, Pannone Lopes Devereaux & O'Gara LLC
- Rhode Island's deposit thresholds and due dates are based on an employer's monthly withholding liability. See Deposit Thresholds and Schedules; Deposit and Filing Due Dates.
- Employers must file certain returns for the appropriate withholding period, even if no taxes have been withheld. See Forms.
- Penalties may be imposed upon employers that fail to properly deposit or report the taxes they withhold from employee wages. See Penalties.
- Certain employers are required to make deposits of withheld amounts by electronic funds transfer (EFT). See Electronic Deposit Requirements.
- On or before the last day of the month following the end of each quarter, employers must file a quarterly reconciliation return. See Quarterly Reconciliation Return.
- Rhode Island employers must also file an annual reconciliation return. See Annual Reconciliation Return.
- Certain employers must submit federal Forms W-2, Wage and Tax Statement, electronically. See Electronic and Magnetic Media Form W-2 Reporting Requirements.