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Federal input screens

Shareholder Information > Rhode Island tab

Use the state tabs in the
Shareholder Information
 window to enter state-specific information for shareholders. State tabs appear only if you've added states to the return.
To update a shareholder's state-specific information, select that shareholder in the
Shareholder Information
 window, then the state tab.

Fields and buttons — Rhode Island information group box

If the shareholder is a nonresident, enter a code from the following table or select the code from the dropdown list to indicate the type of nonresident filing to be made by the shareholder. If the shareholder is a nonresident, UltraTax CS defaults to calculating withholding on Form RI 1096-PT for the shareholder.
Code
Description
1
Withholding (default)
.
This is the default filing for nonresident shareholder when a code is not selected from the dropdown list. Select
1
 option to indicate the shareholder is subject to withholding on Form RI 1096-PT.
2
Exempt from withholding
.
Select
2
 to indicate the shareholder is exempt from withholding. UltraTax CS does not complete Form RI 1096-PT for this shareholder.
3
Composite filer and nonresident tax agreement required
.
Select
3
 to indicate the corporation is filing a composite return on behalf of the nonresident shareholder. UltraTax CS completes Form RI-1040C for participating nonresident shareholders. UltraTax CS completes the Nonresident Income Tax Agreement/Election to be Included in a Composite Return when you select this option.
4
Composite filer and nonresident tax agreement on file
.
Select this option to indicate the corporation is filing a composite return on behalf of the nonresident shareholder. UltraTax CS completes Form RI-1040C for participating nonresident shareholders.
Enter the nonresident shareholder's withholding for the current year if different from the calculated amount. You can enter zero, if needed. If you enter an amount for any shareholder, then all of the shareholders included on the withholding return must have an amount entered in this field.
Use this statement for supplemental information specific to each shareholder and for items that are not pro rata. If you have pro-rata items that need to be reported to each shareholder, use Section A on the
RIKSep
 screen. UltraTax CS prints the information you enter in this statement in the Rhode Island K-1 statements.

Fields and buttons — Composite return group box

If you enter  the spouse's Social Security number, UltraTax CS transfers this to Form RI 1040C-NE, Rhode Island Nonresident Income Tax Agreement / Election to be Included in a Composite Return.
For nonresident shareholders not included in the composite return, enter the IRS service center where the nonresident's federal return is filed.
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