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RHODE ISLAND DIVISION OF TAXATION - PAGE 4 OF 4  The taxpayer has reached “full retirement age” as defined by the Social Security Administration; and  The taxpayer’s federal AGI is below a certain amount (see following table).

Pension/401(k)/Annuity modification – income limits by Tax Year Filing status 2024 2025 Single $104,200 $107,000 Married filing jointly* $130,250 $133,750 Head of household $104,200 $107,000 Married filing separately $104,225 $107,000 * Or qualifying widow or widower.

Note: Starting with Tax Year 2025, if the taxpayer meets all requirements, he or she may reduce federal AGI, for Rhode Island tax purposes, by up to $50,000 of federally taxable pension/401(k)/403(b)/annuity income (via the Rhode Island modification). For more information on this modification, see Rhode Island General Laws § 44-30-12.

Property tax relief credit (Form RI-1040H) The Division of Taxation has set the percent of income ranges for the property tax relief credit for the 2025 Tax Year. The income ranges and percent of income allowed as a credit for taxpayers that qualify for the property tax relief credit are presented in the following table.

The Division of Taxation has also set the maximum property tax relief credit for the 2025 Tax Year. The maximum credit amount is listed in the following table.

For questions about inflation adjusted amounts for personal income taxes, contact the Rhode Island Division of Taxation’s Personal Income Tax Section by email at Tax.Assist@tax.ri.gov, or by phone at (401) 574-8829 option #3 between 8:30 a.m. and 3:30 p.m. on business days.

Property tax relief credit –income ranges by tax year 2024 2025 Household income Percentage of income allowable as credit Household income Percentage of income allowable as credit

1 person 2 or more

1 person 2 or more Less than $6,741 3% 3% Less than $6,991 3% 3% $6,741 - $10,105 4% 4% $6,991 - $10,480 4% 4% $10,106 - $13,470 5% 5% $10,481 - $13,970 5% 5% $13,471 - $16,835 6% 5% $13,971 - $17,460 6% 5% $16,836 - $39,275 6% 6% $17,461 - $40,730 6% 6% Property tax relief credit – maximum credit amount by tax year 2024 2025 $675 $700 Note: For tax years beginning on or after January 1, 2024, the maximum credit amount is adjusted for inflation. For more information on this credit, see Rhode Island General Laws § 44-33-9. Rules governing credit are shown on Form RI-1040H. The Rhode Island Division of Taxation, part of the Rhode Island Department of Revenue, is open to the public from 8:30 a.m. to 3:30 p.m. business days. For more information, contact the Division of Taxation at (401) 574‐8829 or see https://tax.ri.gov/about-us/contact-us.