About this document
Rhode Island Nonresident Real Estate Tax Guide by ragj1976 is a document available to read on EtoBox.
This document provides instructions for nonresident sellers of Rhode Island real estate regarding the election and calculation of gain methods or net proceeds methods for tax withholding. Under the gain method, the seller must submit an election form and certificate of withholding 20 days before closing for approval. The buyer then withholds based on the approved amount and files forms with the state. If no election is made, the buyer must withhold 6% of the seller
- Author
- ragj1976
- Language
- EN