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Future of professionals report 2025
The Thomson Reuters Future of Professionals Report 2025 reveals how AI continues to shape professional work — and what it takes to get ahead. This year’s report shows that increased efficiency, productivity, and cost savings top the list of benefits professionals attribute to AI, making it indispensable for organizations facing rapid change.
Screen RIBusPct - Rhode Island Business Allocation (1040)
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Overview
Use this screen to allocate business income to Rhode Island. This information is reported on Form RI-1040NR, Schedule II, Part 3.
General Information
The information entered in this section is used to calculate the business allocation percentage and to allocate business income to Rhode Island. UltraTax CS automatically calculates the percentage of allocation based on the amounts entered in the
Total
and Rhode Island
columns.Income subject to allocation
Enter the business income, sale or exchange of property, capital gains, pensions and annuities, rents and royalties, farm income, and miscellaneous income that should be allocated by the business allocation percentage included in Part 3. UltraTax CS then multiplies the income subject to allocation by the business allocation percentage and enters the Rhode Island portion on the appropriate line in column A of Schedule II, Part 1.