News & Events

New RI Personal Income Tax Modification for Pension Income

Personal income tax modificationA new Rhode Island personal income tax modification applies for income from private‐sector pensions, government pensions, 401(k) plans, 403(b) plans, military retirement pay, annuities, and other such sources.   Approved by the Rhode Island General Assembly, and signed into law by Rhode Island Governor Gina M. Raimondo on June 24, 2016, it applies for tax years beginning on or after January 1, 2017. This [link] will take you to the guide that provides information, including examples, on how the new modification works and how it might apply to you.