Get the free Form 176-I Preferred Provider Gross Revenue Excise Return

This document serves as a tax return form for corporations providing accident and health insurance, detailing the gross premiums received and applicable excise taxes for the taxable year.

How to fill out form 176-i preferred provider

How to fill out Form 176-I Preferred Provider Gross Revenue Excise Return

1. Obtain Form 176-I from the appropriate state revenue department's website or office.
2. Enter your business name, address, and contact information at the top of the form.
3. Fill in the reporting period for which you are filing the excise return.
4. Calculate the total gross revenue earned from preferred provider services during the reporting period.
5. Enter the total gross revenue amount in the specified section of the form.
6. Apply any applicable deductions or exemptions, if eligible, and provide the necessary documentation.
7. Calculate the excise tax owed based on the gross revenue figure.
8. Sign and date the form, certifying that the information provided is accurate and complete.
9. Submit the completed form and payment to the appropriate revenue department by the deadline.

Who needs Form 176-I Preferred Provider Gross Revenue Excise Return?

1. Licensed healthcare providers who operate under a preferred provider agreement.
2. Businesses that generate gross revenue from preferred provider services.
3. Organizations that are subject to excise tax regulations in their jurisdiction.

People Also Ask about

Does RI accept out of state resale certificates?

(Rhode Island retailers should not accept Exemption Certificates from other states.) If the customer is a manufacturer, the customer must present a Manufacturers Exemption Certificate. If the customer is a farmer, the customer must present a copy of the Farmer Tax Exemption Certificate.

What is the gross receipts excise tax?

A gross receipts tax or gross excise tax is a tax on the total gross revenues of a company, regardless of their source.

How do I file a federal excise tax return?

Filing excise tax returns Complete Form 720, Quarterly Federal Excise Tax Return. File Form 720 electronically for immediate acknowledgement of receipt and faster service with an IRS-approved software provider.

Does Rhode Island tax out of state pensions for retirees?

Pension benefit payments are generally considered taxable income under both federal and State of Rhode Island income tax laws.

What is an excise tax form?

Excise taxes are independent of income taxes. Often, the retailer, manufacturer or importer must pay the excise tax to the IRS and file the Form 720. Some excise taxes are collected by a third party. The third party then sends the tax to the IRS and files the Form 720.

Does Rhode Island have a resale certificate?

Rhode Island allows vendors to accept proof that a purchase is for resale in the form of either: A Rhode Island Resale Certificate. Streamlined Sales and Use Tax Agreement Certificate of Exemption.

How to verify a resale certificate in every state?

California Go to the California Department of Tax and Fee Administration. Under the “How Do I…” drop-down menu, select the “Verify a Permit, License or Account Now” button. Answer the first question (“Which taxable activity type information are you searching for?”) by using the dropdown menu to select “Sellers Permit.”

Can I use my resale certificate in another state?

While many states accept resale certificates from out-of-state businesses, some states have restrictions. In these states, businesses must obtain a separate resale certificate directly from the state in which they are making the purchase.

For pdfFiller’s FAQs

What is Form 176-I Preferred Provider Gross Revenue Excise Return?

Form 176-I Preferred Provider Gross Revenue Excise Return is a tax document that must be filed by certain healthcare providers to report their gross revenue and calculate the excise tax owed to the state.

Who is required to file Form 176-I Preferred Provider Gross Revenue Excise Return?

Healthcare providers who qualify as preferred providers and have gross revenues that meet or exceed the threshold set by the state are required to file Form 176-I.

How to fill out Form 176-I Preferred Provider Gross Revenue Excise Return?

To fill out Form 176-I, providers must gather their gross revenue information, complete all sections of the form accurately, provide necessary signatures, and submit it to the relevant tax authority by the specified due date.

What is the purpose of Form 176-I Preferred Provider Gross Revenue Excise Return?

The purpose of Form 176-I is to ensure that healthcare providers report their income accurately for tax purposes and to calculate the excise tax that is due to the state based on their gross revenue.

What information must be reported on Form 176-I Preferred Provider Gross Revenue Excise Return?

Form 176-I requires providers to report their total gross revenue, allowable deductions (if any), and the resulting gross revenue subject to excise tax, along with relevant identification information such as provider name and tax identification number.