Question 1

What Rhode Island estate tax exclusion does the calculator use?

Accepted Answer

The code uses a Rhode Island exclusion of $1,500,000 for deaths in 2024 and $1,537,656 for deaths in both 2025 and 2026. The calculator labels these amounts as indexed and explicitly flags the exact annual exclusion figures for verification.

Question 2

How is the Rhode Island estate tax calculated?

Accepted Answer

The calculator applies its progressive Rhode Island schedule to the Rhode Island tax base, then subtracts the schedule tax calculated on the applicable Rhode Island exclusion. If that difference is negative, the tax is set to zero. Earlier taxable gifts are added to the Rhode Island base before this calculation.

Question 3

Does federal DSUE increase the Rhode Island exclusion?

Accepted Answer

No. Entered DSUE increases only the federal applicable exclusion in this calculator. The Rhode Island exclusion remains the amount assigned to the selected year. The results explicitly show portability of the Rhode Island exclusion as “Not allowed.”

Question 4

Does the calculator include Rhode Island inheritance tax?

Accepted Answer

No. The implemented Rhode Island inheritance-tax amount is always zero. The calculator models Rhode Island as having an estate tax but no state inheritance tax or gift tax. Those statements come from the rules encoded in this calculator rather than an independent current-law verification.

Question 5

How are earlier taxable gifts handled?

Accepted Answer

Earlier taxable gifts are added to both the federal and Rhode Island tax bases after deductions and modeled annual-exclusion gifting. They do not increase the displayed gross estate. Because they increase both tax bases, they also reduce the calculator's remaining federal and Rhode Island headroom.

Rhode Island Estate Tax Calculator