SCorpDesk / 2026 S-Corp & QBI Guides / Rhode Island (RI) 2026 S-Corp Tax Calculator, PTET Election & Franchise Tax Guide
Rhode Island (RI) 2026 S-Corp Tax Calculator, PTET Election & Franchise Tax Guide
What are the 2026 S-Corp tax and PTET rules in Rhode Island?
In Rhode Island (RI), the 2026 S-Corporation election rule is: Recognizes Federal Form 2553 (Form RI-1120S). For the Pass-Through Entity Tax (PTET) deduction: 5.99% Rhode Island Pass-Through Entity Election. Entity-level franchise/minimum tax: $400 Minimum RI Corporate Excise Tax.
In Rhode Island (RI), the 2026 S-Corporation election rule is: Recognizes Federal Form 2553 (Form RI-1120S). For the Pass-Through Entity Tax (PTET) deduction: 5.99% Rhode Island Pass-Through Entity Election. Entity-level franchise/minimum tax: $400 Minimum RI Corporate Excise Tax.
Open Rhode Island 2026 S-Corp & 20% Permanent QBI Calculator
2026 Rhode Island (RI) S-Corporation Statutory Tax Matrix
| Rhode Island S-Corp Compliance Area | 2026 Statutory Rule |
|---|---|
| State S-Corp Election Recognition | Recognizes Federal Form 2553 (Form RI-1120S) |
| Pass-Through Entity Tax (PTET) Election | 5.99% Rhode Island Pass-Through Entity Election |
| Annual Minimum / Franchise Tax | $400 Minimum RI Corporate Excise Tax |
| Federal Section 199A QBI Deduction | Up to 23% of qualified K-1 income under Public Law 119-21 |
| Home Office & Mileage Deduction Method | Must use an IRC Section 62(c) Corporate Accountable Plan |
Frequently Asked Questions
Does Rhode Island require a separate state S-Corp election in 2026?
For Rhode Island (RI): Recognizes Federal Form 2553 (Form RI-1120S).
What is the Rhode Island S-Corp franchise or minimum tax for 2026?
In Rhode Island: $400 Minimum RI Corporate Excise Tax.