§ 44-30-16. Rhode Island income of a resident estate or trust.
(a) The Rhode Island income of a resident estate or trust means its federal adjusted gross income as modified by the addition or subtraction (as the case may be) of the share of the estate or trust in the Rhode Island fiduciary adjustment determined under § 44-30-17.
(b) Amounts allowable under § 44-22-1 as a deduction in computing the taxable estate of a decedent shall not be allowed as a deduction in computing the taxable income of the estate or of any other person, unless there is filed, within the time and in the manner and form prescribed by the tax administrator, a statement that the amounts have not been allowed as deductions under § 44-22-1, and a waiver of the right to have the amounts allowed at any time as deductions under § 44-22-1.
History of Section.P.L. 1971, ch. 8, art. 1, § 1; P.L. 1971, ch. 204, art. 3, § 1; P.L. 1972, ch. 155, art. 1, § 1.
Structure Rhode Island General Laws
Chapter 44-30 - Personal Income Tax
Section 44-30-11. - Resident husband and wife.
Section 44-30-12. - Rhode Island income of a resident individual.
Section 44-30-13, 44-30-14. - Repealed.
Section 44-30-15. - Resident partners.
Section 44-30-16. - Rhode Island income of a resident estate or trust.
Section 44-30-18. - Credit for income taxes of other states.
Section 44-30-19. - Credit to trust beneficiary receiving accumulation distribution.
Section 44-30-21. - Hydroelectric development tax credit — Definitions.
Section 44-30-22. - Tax credit for installation costs.
Section 44-30-23. - Extended credits.
Section 44-30-24. - Tax credit for art.
Section 44-30-25. - Modification relating to family education accounts.
Section 44-30-25.1. - Scituate — Modification relating to medical savings accounts.