Rhode Island Income Tax Guide for 2024

Overview

Rhode Island uses a progressive income tax system with rates ranging from 3.75% to 5.99%. Capital gains are taxed as ordinary income. The state offers a standard deduction of $10,550 for single filers, personal exemptions of $4,950, and dependent exemptions of $4,950.

Income Tax Rates

Single Filers

Income RangeTax Rate
Up to $77,4493.75%
$77,450 - $176,0494.75%
$176,050+5.99%

Married Filing Jointly

Income RangeTax Rate
Up to $77,4493.75%
$77,450 - $176,0494.75%
$176,050+5.99%

Capital Gains Tax

Capital gains are taxed at the same rates as ordinary income.

Deductions & Exemptions

TypeAmount
Standard Deduction (Single)$10,550
Standard Deduction (Married Filing Jointly)$21,150
Personal Exemption (Single)$4,950
Personal Exemption (Married)$9,900
Dependent Exemption$4,950

Additional Information

  • Uniform rate schedule: the same brackets apply to every filing status. Brackets, standard deduction and exemptions are indexed annually for inflation under RIGL 44-30-2.6
  • Personal and dependency exemption is $4,950 per exemption for 2024
  • Standard deduction is $10,550 single / $21,150 married filing jointly (head of household $15,850, married filing separately $10,575)
  • Standard deduction and exemptions phase out for modified federal AGI between $246,450 and $274,650 in $7,050 increments for 2024; that phase-out is not reflected in the amounts shown

Charts

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Sources

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Last updated: September 15, 2026

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