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

This document is an excise tax return form for preferred providers in Massachusetts, detailing taxable income and premium revenues for the specified tax 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 regulatory agency or their website.
2. Fill in the business name and contact information at the top of the form.
3. Enter the fiscal year for which you are reporting revenue.
4. List the total gross revenue for your preferred provider services in the designated field.
5. Ensure to include any deductions or allowances if applicable.
6. Calculate the excise tax based on the specified rate and total gross revenue.
7. Review all entered information for accuracy.
8. Sign and date the form.
9. Submit the completed form by the designated deadline, along with any payment if required.

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

1. Preferred providers engaged in delivering healthcare services who qualify under the excise tax regulations.

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 used by preferred providers to report their gross revenue and calculate the excise tax owed to the relevant state authority.

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

Preferred providers who receive gross revenue from providing services or products covered by excise tax in a given jurisdiction 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 need to report their total gross revenue, calculate the applicable excise tax based on their earnings, and provide any required supporting documentation as specified in the form instructions.

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

The purpose of Form 176-I is to ensure compliance with tax regulations by allowing preferred providers to report their gross revenue and pay the corresponding excise taxes.

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, the excise tax rate, calculations of the tax owed, and any other required details such as business identification and address.