Last Updated:
Article #: 20008
Supported Forms
The following Connecticut forms are supported in Drake Tax. CT forms cannot be e-signed.
Note Dates shown below are estimates based on the most up-to-date information currently available to Drake Software.
We are committed to meeting or exceeding the delivery dates listed; however, there may be additional factors that could impact the final date. The chart will be updated as new information becomes available.
Chart key:
✔ Form is available for e-file / paper file.
✖ Form is not supported for e-file / paper file.
▲ Form is in development; an estimated availability date is not currently available.
MM/DD Estimated availability date. Note that the date may differ for e-file vs. paper-file, and in some cases, e-filing may be approved before paper-filing or vice versa.
See Drake Tax – Do Not Mail Watermarks, Banners, EF Message 0001, Note 129 for more information about the notes, EF Messages, or watermarks that are generated during the approval process.
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2025
1040
| Form | Description | e-File | Paper-File |
|---|---|---|---|
| CT-706/709 | Estate and Gift Tax Return | ✖ | ✔ |
| CT-706/709 EXT | Application for Estate and Gift Tax Return Filing Extension and Estate Tax Payment Extension | ✖ | ✔ |
| CT-1040 | Resident Income Tax Return | ✔ | ✔ |
| CT-1040 CRC | Claim of Right Credit | ✔ | ✔ |
| CT-1040 EFW | Electronic Withdrawal Payment Record | ✔ | ✔ |
| CT-1040 EXT | Application for Extension of Time to File Income Tax Return for Individuals | ✔ | ✔ |
| CT-1040 TCS | Tax Calculation Schedule | ✔ | ✔ |
| CT-1040ES | Estimated Income Tax Payment Coupon for Individuals | ✔ |
✔ |
| CT-1040NR/PY | Nonresident and Part-Year Resident Income Tax Return | ✔ | ✔ |
| CT-1040V | Electronic Filing Payment Voucher | ✔ | ✔ |
| CT-1040X | Amended Income Tax Return for Individuals | ✖ | ✔ |
| CT-1127 | Application for Extension of Time for Payment of Income Tax |
✔ |
✔ |
| CT-19IT | Title 19 Status Release | ✔ | ✔ |
| CT-2210 | Underpayment of Estimated Income Tax by Individuals, Trusts, and Estates | ✔ | ✔ |
| CT-6251 | Alternative Minimum Tax Return – Individuals | ✔ | ✔ |
| CT-8379 | Nonobligated Spouse Claim | ✔ | ✔ |
| CT-8801 | Credit for Prior-Year Connecticut Minimum Tax for Individuals, Trusts, and Estates | ✔ | ✔ |
| CT-8822 | Change of Address | ✔ | ✔ |
| CT-8857 | Request for Innocent Spouse Relief (and Separation of Liability and Equitable Relief) | ✔ | ✔ |
| CT-W4 | Employee’s Withholding Certificate | ✔ | ✔ |
| CT-W4NA | Employee’s Withholding Certificate Nonresident Apportionment | ✔ | ✔ |
| LGL-001 | Power of Attorney | ✔ | ✔ |
| LGL-002 | Request for Disclosure of Tax Returns or Tax Return Information | ✔ | ✔ |
| LGL-003 | Limited Power of Attorney | ✔ | ✔ |
| OP-186 | Individual Use Tax Return | ✔ | ✔ |
| Schedule 2 (CT-1040) | Credit for Income Taxes Paid to Qualifying Jurisdictions – Residents | ✔ | ✔ |
| Schedule A (CT-2210) | Annualized Income Installment Statement | ✔ | ✔ |
| Schedule A (CT-6251) | Credit for Alternative Minimum Tax Paid to Qualifying Jurisdictions | ✔ | ✔ |
| Schedule B (CT-2210) | Interest Calculation | ✔ | ✔ |
| Schedule CT-706 | Farmland | ✖ | ✔ |
| Schedule CT-709 | Farmland | ✖ | ✔ |
| Schedule CT-1040AW | Part-Year Resident Income Allocation | ✔ | ✔ |
| Schedule CT-1040BA | Nonresident Business Apportionment | ✔ | ✔ |
| Schedule CT-1040WH | Income Tax Withholding | ✔ | ✔ |
| Schedule CT-CHET | Higher Education Trust (CHET) 529 College Savings Plan Contribution | ✔ | ✔ |
| ScheduleCT-Dependent | Resident Dependent Information | ✔ | ✔ |
| Schedule CT-EITC | Earned Income Tax Credit | ✔ | ✔ |
| Schedule CT-IT Credit | Income Tax Credit Summary | ✔ | ✔ |
| Schedule CT-PE | Pass-Through Entity Tax Credit | ✔ | ✔ |
| Schedule CT-SI | Nonresident or Part-Year Resident Schedule of Income from Connecticut Sources | ✔ | ✔ |
1041
| Form | Description | e-File | Paper-File |
|---|---|---|---|
| CT-1041 | Income Tax Return for Trusts and Estates | ✔ | ✔ |
| CT-1041 EXT | Application for Extension of Time to File Connecticut Income Tax Return for Trusts and Estates | ✔ | ✔ |
| CT-1041ES | Estimated Connecticut Income Tax Payment Coupon for Trusts and Estates | ✖ | ✔ |
| CT-1041V | Electronic Filing Payment Voucher | ✔ | ✔ |
| CT-1127 | Application for Extension of Time for Payment of Income Tax |
✔ |
✔ |
| CT-2210 | Underpayment of Estimated Income Tax by Individuals, Trusts, and Estates | ✔ | ✔ |
| CT-8801 | Credit for Prior-Year Connecticut Minimum Tax for Individuals, Trusts, and Estates | ✔ | ✔ |
| CT-8822 | Change of Address | ✔ | ✔ |
| LGL-001 | Power of Attorney | ✔ | ✔ |
| LGL-002 | Request for Disclosure of Tax Returns or Tax Return Information | ✔ | ✔ |
| LGL-003 | Limited Power of Attorney | ✔ | ✔ |
| Schedule A (CT-2210) | Annualized Income Installment Statement | ✔ | ✔ |
| Schedule B (CT-2210) | Interest Calculation | ✔ | ✔ |
| Schedule CT-1041ESBT | Electing Small Business Trust | ✔ | ✔ |
| Schedule CT-1041 K-1 | Beneficiary’s Share of Certain Connecticut Items | ✔ | ✔ |
| Schedule CT-1041B | Fiduciary Adjustment Allocation | ✔ | ✔ |
| Schedule CT-1041C | Taxable Income Calculation | ✔ | ✔ |
| Schedule CT-1041FA | Fiduciary Allocation | ✔ | ✔ |
| Schedule CT-1041WH | Income Tax Withholding | ✔ | ✔ |
| Schedule CT-IT Credit | Income Tax Credit Summary | ✔ | ✔ |
| Schedule CT-PE | Pass-Through Entity Tax Credit | ✔ | ✔ |
| Schedule I (CT-1041) | Alternative Minimum Tax Computation of Trust or Estates | ✔ | ✔ |
1065
| Form | Description | e-File | Paper-File |
|---|---|---|---|
| CT-PET ES | 2025 Estimated Connecticut Pass-Through Entity Tax Payment Coupon | ✔ | ✔ |
| CT-PET | Connecticut Pass-Through Entity Tax Return | ✔ | ✔ |
| CT-PET AT | Supplemental Attachment | ✔ | ✔ |
| CT-PETEX | Application for Extension of Time to File Connecticut Pass-Through Entity Tax Return | ✔ | ✔ |
| CT-1065/CT-1120SI | Composite Income Tax Return | ✔ | ✔ |
| CT-1065/CT-1120SI | Supplemental Attachment | ✔ | ✔ |
| CT-1065/CT-1120SI EXT | Application for Extension of Time to File Connecticut Composite Income Tax Return and Addendum | ✔ | ✔ |
| CT-1127 | Application for Extension of Time for Payment of Income Tax |
✔ |
✔ |
| CT-8822 | Change of Address | ✔ | ✔ |
| DRS-EWVR | Electronic Filing and Payment Waiver Request | ✔ | ✔ |
| LGL-001 | Power of Attorney | ✔ | ✔ |
| LGL-002 | Request for Disclosure of Tax Returns or Tax Return Information | ✔ | ✔ |
| LGL-003 | Limited Power of Attorney | ✔ | ✔ |
| Schedule CT K-1 | Member’s Share of Certain Connecticut Items | ✔ | ✔ |
1120
| Form | Description | e-File | Paper-File |
|---|---|---|---|
| CT-1120 | Corporation Business Tax Return | ✔ | ✔ |
| CT-1120 ATT | Corporation Business Tax Return Attachment Schedules I, H, and J | ✔ | ✔ |
| CT-1120 EDPC | Electronic Data Processing Equipment Property Tax Credit | ✔ | ✔ |
| CT-1120 EXT | Application for Extension of Time to File Connecticut Corporation Business Tax Return | ✔ | ✔ |
| CT-1120 FCIC | Fixed Capital Investment Tax Credit | ✔ | ✔ |
| CT-1120 MEC | Machinery and Equipment Expenditures Tax Credit | ✔ | ✔ |
| CT-1120 RDC | Research and Development Expenditures Tax Credit | ✔ | ✔ |
| CT-1120 XCH | Application for Exchange of Research and Development or Research and Experimental Expenditures Tax Credits by a Qualified Small Business | ✔ | ✔ |
| CT-1120A | Corporation Business Tax Return Apportionment Computation | ✔ | ✔ |
| CT-1120AT | Apprenticeship Training Tax Credit | ✔ | ✔ |
| CT-1120DL | Donation of Land Tax Credit | ✔ | ✔ |
| CT-1120ES | Estimated Connecticut Corporation Business Tax Payment Coupon | ✔ | ✔ |
| CT-1120HR | Historic Rehabilitation Tax Credit | ✔ | ✔ |
| CT-1120I | Computation of Interest Due on Underpayment of Estimated Tax | ✔ | ✔ |
| CT-1120K | Business Tax Credit Summary | ✔ | ✔ |
| CT-1120RC | Research and Experimental Expenditures Tax Credit | ✔ | ✔ |
| CT-8822C | Corporation Business Tax Change of Address | ✔ | ✔ |
| DRS-EWVR | Electronic Filing and Payment Waiver Request | ✔ | ✔ |
| LGL-001 | Power of Attorney | ✔ | ✔ |
| LGL-002 | Request for Disclosure of Tax Returns or Tax Return Information | ✔ | ✔ |
| LGL-003 | Limited Power of Attorney | ✔ | ✔ |
1120-S
| Form | Description | e-File | Paper-File |
|---|---|---|---|
| CT-PET ES | 2025 Estimated Connecticut Pass-Through Entity Tax Payment Coupon | ✔ | ✔ |
| CT-PET | Connecticut Pass-Through Entity Tax Return | ✔ | ✔ |
| CT-PET AT | Supplemental Attachment | ✔ | ✔ |
| CT-PETEX | Application for Extension of Time to File Connecticut Pass-Through Entity Tax Return | ✔ | ✔ |
| CT-1065/CT-1120SI | Composite Income Tax Return | ✔ | ✔ |
| CT-1065/CT-1120SI | Supplemental Attachment | ✔ | ✔ |
| CT-1065/CT-1120SI EXT | Application for Extension of Time to File Connecticut Composite Income Tax Return and Addendum | ✔ | ✔ |
| CT-1127 | Application for Extension of Time for Payment of Income Tax |
✔ |
✔ |
| CT-8822 | Change of Address | ✔ | ✔ |
| DRS-EWVR | Electronic Filing and Payment Waiver Request | ✔ | ✔ |
| LGL-001 | Power of Attorney | ✔ | ✔ |
| LGL-002 | Request for Disclosure of Tax Returns or Tax Return Information | ✔ | ✔ |
| LGL-003 | Limited Power of Attorney | ✔ | ✔ |
| Schedule CT K-1 | Member’s Share of Certain Connecticut Items | ✔ | ✔ |
706
| Form | Description | e-File | Paper-File |
|---|---|---|---|
| CT-706 NT EXT | Application for Extension of Time for Filing Form CT-706 NT | ✖ | ✔ |
| CT-706/709 | Estate and Gift Tax Return | ✖ | ✔ |
| CT-706/709 EXT | Application for Estate and Gift Tax Return Filing Extension and Estate Tax Payment Extension | ✖ | ✔ |
| LGL-001 | Power of Attorney | ✔ | ✔ |
| LGL-002 | Request for Disclosure of Tax Returns or Tax Return Information | ✔ | ✔ |
| LGL-003 | Limited Power of Attorney | ✔ | ✔ |
| Schedule CT-706 | Farmland | ✖ | ✔ |
2024
1040
| Form | Description | e-File | Paper-File |
|---|---|---|---|
| CT-706/709 | Estate and Gift Tax Return | ✖ | ✔ |
| CT-706/709 EXT | Application for Estate and Gift Tax Return Filing Extension and Estate Tax Payment Extension | ✖ | ✔ |
| CT-1040 | Resident Income Tax Return | ✔ | ✔ |
| CT-1040 CRC | Claim of Right Credit | ✔ | ✔ |
| CT-1040 EFW | Electronic Withdrawal Payment Record | ✔ | ✔ |
| CT-1040 EXT | Application for Extension of Time to File Income Tax Return for Individuals | ✔ | ✔ |
| CT-1040 TCS | Tax Calculation Schedule | ✔ | ✔ |
| CT-1040ES | Estimated Income Tax Payment Coupon for Individuals | ✔ |
✔ |
| CT-1040NR/PY | Nonresident and Part-Year Resident Income Tax Return | ✔ | ✔ |
| CT-1040V | Electronic Filing Payment Voucher | ✔ |
✔ |
| CT-1040X | Amended Income Tax Return for Individuals | ✖ |
✔ |
| CT-1127 | Application for Extension of Time for Payment of Income Tax |
✔ |
✔ |
| CT-19IT | Title 19 Status Release | ✔ | ✔ |
| CT-2210 | Underpayment of Estimated Income Tax by Individuals, Trusts, and Estates | ✔ | ✔ |
| CT-6251 | Alternative Minimum Tax Return – Individuals | ✔ | ✔ |
| CT-8379 | Nonobligated Spouse Claim | ✔ | ✔ |
| CT-8801 | Credit for Prior-Year Connecticut Minimum Tax for Individuals, Trusts, and Estates | ✔ | ✔ |
| CT-8822 | Change of Address | ✔ | ✔ |
| CT-8857 | Request for Innocent Spouse Relief (and Separation of Liability and Equitable Relief) | ✔ | ✔ |
| CT-W4 | Employee’s Withholding Certificate | ✔ | ✔ |
| CT-W4NA | Employee’s Withholding Certificate Nonresident Apportionment | ✔ | ✔ |
| LGL-001 | Power of Attorney | ✔ |
✔ |
| LGL-002 | Request for Disclosure of Tax Returns or Tax Return Information | ✔ |
✔ |
| LGL-003 | Limited Power of Attorney | ✔ |
✔ |
| OP-186 | Individual Use Tax Return | ✔ | ✔ |
| Schedule 2 (CT-1040) | Credit for Income Taxes Paid to Qualifying Jurisdictions – Residents | ✔ | ✔ |
| Schedule A (CT-2210) | Annualized Income Installment Statement | ✔ | ✔ |
| Schedule A (CT-6251) | Credit for Alternative Minimum Tax Paid to Qualifying Jurisdictions | ✔ | ✔ |
| Schedule B (CT-2210) | Interest Calculation | ✔ | ✔ |
| Schedule CT-706 | Farmland | ✖ | ✔ |
| Schedule CT-709 | Farmland | ✖ | ✔ |
| Schedule CT-1040AW | Part-Year Resident Income Allocation | ✔ | ✔ |
| Schedule CT-1040BA | Nonresident Business Apportionment | ✔ |
✔ |
| Schedule CT-1040WH | Income Tax Withholding | ✔ | ✔ |
| Schedule CT-CHET | Higher Education Trust (CHET) 529 College Savings Plan Contribution | ✔ | ✔ |
| ScheduleCT-Dependent | Resident Dependent Information | ✔ | ✔ |
| Schedule CT-EITC | Earned Income Tax Credit | ✔ | ✔ |
| Schedule CT-IT Credit | Income Tax Credit Summary | ✔ | ✔ |
| Schedule CT-PE | Pass-Through Entity Tax Credit | ✔ | ✔ |
| Schedule CT-SI | Nonresident or Part-Year Resident Schedule of Income from Connecticut Sources | ✔ | ✔ |
1041
| Form | Description | e-File | Paper-File |
|---|---|---|---|
| CT-1041 | Income Tax Return for Trusts and Estates | ✔ | ✔ |
| CT-1041 EXT | Application for Extension of Time to File Connecticut Income Tax Return for Trusts and Estates | ✔ | ✔ |
| CT-1041ES | Estimated Connecticut Income Tax Payment Coupon for Trusts and Estates | ✖ | ✔ |
| CT-1041V | Electronic Filing Payment Voucher | ✔ | ✔ |
| CT-1127 | Application for Extension of Time for Payment of Income Tax |
✔ |
✔ |
| CT-2210 | Underpayment of Estimated Income Tax by Individuals, Trusts, and Estates | ✔ | ✔ |
| CT-8801 | Credit for Prior-Year Connecticut Minimum Tax for Individuals, Trusts, and Estates | ✔ | ✔ |
| CT-8822 | Change of Address | ✔ | ✔ |
| LGL-001 | Power of Attorney | ✔ |
✔ |
| LGL-002 | Request for Disclosure of Tax Returns or Tax Return Information | ✔ |
✔ |
| LGL-003 | Limited Power of Attorney | ✔ |
✔ |
| Schedule A (CT-2210) | Annualized Income Installment Statement | ✔ | ✔ |
| Schedule B (CT-2210) | Interest Calculation | ✔ | ✔ |
| Schedule CT-1041ESBT | Electing Small Business Trust | ✔ | ✔ |
| Schedule CT-1041 K-1 | Beneficiary’s Share of Certain Connecticut Items | ✔ | ✔ |
| Schedule CT-1041B | Fiduciary Adjustment Allocation | ✔ | ✔ |
| Schedule CT-1041C | Taxable Income Calculation | ✔ | ✔ |
| Schedule CT-1041FA | Fiduciary Allocation | ✔ | ✔ |
| Schedule CT-1041WH | Income Tax Withholding | ✔ | ✔ |
| Schedule CT-IT Credit | Income Tax Credit Summary | ✔ | ✔ |
| Schedule CT-PE | Pass-Through Entity Tax Credit | ✔ | ✔ |
| Schedule I (CT-1041) | Alternative Minimum Tax Computation of Trust or Estates | ✔ |
✔ |
1065
| Form | Description | e-File | Paper-File |
|---|---|---|---|
| CT-PET ES | 2025 Estimated Connecticut Pass-Through Entity Tax Payment Coupon | ✔ | ✔ |
| CT-PET | Connecticut Pass-Through Entity Tax Return | ✔ | ✔ |
| CT-PET AT | Supplemental Attachment | ✔ | ✔ |
| CT-PETEX | Application for Extension of Time to File Connecticut Pass-Through Entity Tax Return | ✔ | ✔ |
| CT-1065/CT-1120SI | Composite Income Tax Return | ✔ | ✔ |
| CT-1065/CT-1120SI | Supplemental Attachment | ✔ | ✔ |
| CT-1065/CT-1120SI EXT | Application for Extension of Time to File Connecticut Composite Income Tax Return and Addendum | ✔ | ✔ |
| CT-1127 | Application for Extension of Time for Payment of Income Tax |
✔ |
✔ |
| CT-8822 | Change of Address | ✔ | ✔ |
| DRS-EWVR | Electronic Filing and Payment Waiver Request | ✔ | ✔ |
| LGL-001 | Power of Attorney | ✔ |
✔ |
| LGL-002 | Request for Disclosure of Tax Returns or Tax Return Information | ✔ |
✔ |
| LGL-003 | Limited Power of Attorney | ✔ |
✔ |
| Schedule CT K-1 | Member’s Share of Certain Connecticut Items | ✔ |
✔ |
1120
| Form | Description | e-File | Paper-File |
|---|---|---|---|
| CT-1120 | Corporation Business Tax Return | ✔ | ✔ |
| CT-1120 ATT | Corporation Business Tax Return Attachment Schedules I, H, and J | ✔ | ✔ |
| CT-1120 EDPC | Electronic Data Processing Equipment Property Tax Credit | ✔ | ✔ |
| CT-1120 EXT | Application for Extension of Time to File Connecticut Corporation Business Tax Return | ✔ | ✔ |
| CT-1120 FCIC | Fixed Capital Investment Tax Credit | ✔ | ✔ |
| CT-1120 MEC | Machinery and Equipment Expenditures Tax Credit | ✔ | ✔ |
| CT-1120 RDC | Research and Development Expenditures Tax Credit | ✔ | ✔ |
| CT-1120 XCH | Application for Exchange of Research and Development or Research and Experimental Expenditures Tax Credits by a Qualified Small Business |
✔ |
✔ |
| CT-1120A | Corporation Business Tax Return Apportionment Computation | ✔ |
✔ |
| CT-1120AT | Apprenticeship Training Tax Credit | ✔ | ✔ |
| CT-1120DL | Donation of Land Tax Credit | ✔ | ✔ |
| CT-1120ES | Estimated Connecticut Corporation Business Tax Payment Coupon | ✔ | ✔ |
| CT-1120HR | Historic Rehabilitation Tax Credit | ✔ | ✔ |
| CT-1120HS | Historic Structures Rehabilitation Tax Credit | ✔ | ✔ |
| CT-1120I | Computation of Interest Due on Underpayment of Estimated Tax | ✔ | ✔ |
| CT-1120K | Business Tax Credit Summary | ✔ | ✔ |
| CT-1120PE | Pass-Through Entity Tax Credit | ✔ | ✔ |
| CT-1120RC | Research and Experimental Expenditures Tax Credit | ✔ | ✔ |
| CT-8822C | Corporation Business Tax Change of Address | ✔ | ✔ |
| CT-IRF | Insurance Reinvestment Fund Tax Credit | ✔ | ✔ |
| DRS-EWVR | Electronic Filing and Payment Waiver Request | ✔ | ✔ |
| LGL-001 | Power of Attorney | ✔ |
✔ |
| LGL-002 | Request for Disclosure of Tax Returns or Tax Return Information | ✔ |
✔ |
| LGL-003 | Limited Power of Attorney | ✔ |
✔ |
1120-S
| Form | Description | e-File | Paper-File |
|---|---|---|---|
| CT-PET ES | 2025 Estimated Connecticut Pass-Through Entity Tax Payment Coupon | ✔ | ✔ |
| CT-PET | Connecticut Pass-Through Entity Tax Return | ✔ | ✔ |
| CT-PET AT | Supplemental Attachment | ✔ | ✔ |
| CT-PETEX | Application for Extension of Time to File Connecticut Pass-Through Entity Tax Return | ✔ | ✔ |
| CT-1065/CT-1120SI | Composite Income Tax Return | ✔ | ✔ |
| CT-1065/CT-1120SI | Supplemental Attachment | ✔ | ✔ |
| CT-1065/CT-1120SI EXT | Application for Extension of Time to File Connecticut Composite Income Tax Return and Addendum | ✔ | ✔ |
| CT-1127 | Application for Extension of Time for Payment of Income Tax |
✔ |
✔ |
| CT-8822 | Change of Address | ✔ | ✔ |
| DRS-EWVR | Electronic Filing and Payment Waiver Request | ✔ | ✔ |
| LGL-001 | Power of Attorney | ✔ |
✔ |
| LGL-002 | Request for Disclosure of Tax Returns or Tax Return Information | ✔ |
✔ |
| LGL-003 | Limited Power of Attorney | ✔ |
✔ |
| Schedule CT K-1 | Member’s Share of Certain Connecticut Items | ✔ |
✔ |
706
| Form | Description | e-File | Paper-File |
|---|---|---|---|
| CT-706 NT EXT | Application for Extension of Time for Filing Form CT-706 NT | ✖ | ✔ |
| CT-706/709 | Estate and Gift Tax Return | ✖ | ✔ |
| CT-706/709 EXT | Application for Estate and Gift Tax Return Filing Extension and Estate Tax Payment Extension | ✖ | ✔ |
| LGL-001 | Power of Attorney | ✔ |
✔ |
| LGL-002 | Request for Disclosure of Tax Returns or Tax Return Information | ✔ |
✔ |
| LGL-003 | Limited Power of Attorney | ✔ |
✔ |
| Schedule CT-706 | Farmland | ✖ | ✔ |
New Forms
-
Connecticut Composite Income Tax Return and Addendum (CT-1065/CT-1120SI) – For entities submitting a composite income tax return
-
Application for Extension of Time to File Connecticut Composite Income Tax Return and Addendum (CT-1065/1120SI EXT)
-
-
Connecticut Pass-Through Entity Tax (CT PET) – For entities electing to pay optional pass-through entity tax.
-
Application for Extension of Time to File Connecticut Pass-Through Entity Tax Return (CT-PET EXT)
-
Tax Law Changes
-
Income tax
-
The 3% rate on the first $10,000 earned by single filers and the first $20,000 by joint filers will drop to 2%, and the 5% rate on the next $40,000 earned by single filers and the next $80,000 by joint filers will drop to 4.5%.
-
The CT EITC has increased to 40% of the federal EITC amount. The maximum CT EITC investment has increased from $11,000 to $11,600.
-
-
Personal income tax – 25% of section 168(k) federal bonus depreciation can still be added back for four preceding years.
-
Pass-Through Entity Tax
-
Legislation makes the pass-through entity tax optional. Starting with taxable years commencing on and after January 1, 2024, any entity that elects to pay such tax must give the Commissioner of Revenue Services written notice for each tax year it makes the election and must do so no later than the due date (or extended due date) for filing the return. The legislation also makes the following changes to the pass-through entity tax:
-
Eliminates the standard base method and instead requires all entities electing to pay the tax to use the alternative base method.
-
Requires that the pass-through entity file an income tax return and pay the tax on behalf of any nonresident member for whom the business is the only source of Connecticut income.
-
Eliminates the credit against the corporation business tax for pass-through entity tax paid by an entity on behalf of a corporation that is member of said entity and that is subject to the corporation tax.
-
Eliminates the option for a pass-through entity to file a combined return with one or more commonly-owned pass-through entities.
-
-
-
Form CT-706/709 — Total annual exclusion for gifts has increased from $17,000 to $18,000.