
What percentage is the income tax rate in Rhode Island?
Rhode Island residents often wonder about the income tax rate in their state. As of 2021, the income tax rate in Rhode Island ranges from 3.75% to 5.99%, depending on your income bracket. It’s important to note that these rates are subject to change, so staying informed about any updates from the state’s tax authorities is crucial. Understanding the income tax rate helps individuals and businesses effectively plan their finances and fulfill their tax obligations in accordance with Rhode Island law.