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Printable Form 940 (Schedule R) Rhode Island: What You Should Know

Apr 24, 2023 — When it's time to deposit your tax refund — we recommend that we receive all cash income (i.e. interest) first; that is, any interest you receive after the filing deadline will not be considered taxable income. If your refund exceeds your income, there's no tax to be paid. If you don't receive cash income by the 15th day after your return is due, check with the Internal Revenue Service at. Your refund will be deposited as follows: Income Amount () Your bank will send a check for the refund if you've paid enough to cover tax liability. Your Form 940 (Forms 941 and 940A) Apr 24, 2023 — If you received cash income (interest) or a tax refund after April 26, you must make sure that the following two items are reported on the next return filed. Total taxable income. Pay the additional state tax due on that income. In the case of interest, make sure to file both Form 941 and Form 940. Your check will have a payment note on it.

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