Connecticut requires pass-through entities (S corporation or partnerships) to pay tax at the entity level. Members of the pass-through entity are eligible for a non-refundable credit on their individual return.

1065

Since the pass-through entity tax is required, the calculation is automatic. Overrides are available on the K1 screens. Review the calculation on CTPTE, page 2, line 2a (tax due) CTPTE, page 9. CT K-1, page 2, line 1.

1120-S

Since the pass-through entity tax is required, the calculation is automatic. Overrides are available on the K1 screens. Review the calculation on CTPTE, page 2, line 2a (tax due) CTPTE, page 9. CT K-1, page 2, line 1.

Estimates

If the required annual payment for the pass-through entity is equal to or greater than $1,000, estimated payments are required to be made.

e-Filing

e-Filing through Drake Tax is available.

1040

To enter credit information, use the CTPE screen. Review the amounts on CT-PE and Form CT-1040, line 20c or CT 1040NR/PY, line 22b.

For more information, see the CT DOR.