Drake Tax2023 Form Availability and Tax Changes: Connecticut

Article #: 20008

Last Updated: November 06, 2024

 


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Supported Forms

The following Connecticut forms are supported in Drake Tax 2023. CT forms cannot be e-signed.

Form Description IND CRP SCRP PTR FID EST
CT-1120A Corporation Business Tax Return Apportionment Computation   P        
CT-1120AT Apprenticeship Training Tax Credit   P        
CT-1120DL Donation of Land Tax Credit   P        
CT-1120ES Estimated Connecticut Corporation Business Tax Payment Coupon   P        
CT-1120HR Historic Rehabilitation Tax Credit   P        
CT-1120HS Historic Structures Rehabilitation Tax Credit   P        
CT-1120I Computation of Interest Due on Underpayment of Estimated Tax   P        
CT-1120K Business Tax Credit Summary   P        
CT-1120PE Pass-Through Entity Tax Credit   P        
CT-1120RC Research and Experimental Expenditures Tax Credit   P        
CT-1127 Application for Extension of Time for Payment of Income Tax P   P P P  
CT-19IT Title 19 Status Release P          
CT-2210 Underpayment of Estimated Income Tax by Individuals, Trusts, and Estates P       P  
CT-6251 Alternative Minimum Tax Return – Individuals P          
CT-8379 Nonobligated Spouse Claim P          
CT-8801 Credit for Prior-Year Connecticut Minimum Tax for Individuals, Trusts, and Estates P       P  
CT-8822 Change of Address P   P P P  
CT-8822C Corporation Business Tax Change of Address   P        
CT-8857 Request for Innocent Spouse Relief (and Separation of Liability and Equitable Relief) P          
CT-IRF Insurance Reinvestment Fund Tax Credit   P        
CT-W4 Employee’s Withholding Certificate P          
CT-W4NA Employee’s Withholding Certificate Nonresident Apportionment P          
DRS-EWVR Electronic Filing and Payment Waiver Request   P P P    
LGL-001 Power of Attorney P P P P P P
LGL-002 Request for Disclosure of Tax Returns or Tax Return Information P P P P P P
LGL-003 Limited Power of Attorney P P P P P P
OP-186 Individual Use Tax Return P          
Schedule 2 (CT-1040) Credit for Income Taxes Paid to Qualifying Jurisdictions – Residents P          
Schedule A (CT-2210) Annualized Income Installment Statement P       P  
Schedule A (CT-6251) Credit for Alternative Minimum Tax Paid to Qualifying Jurisdictions P          
Schedule B (CT-2210) Interest Calculation P       P  
Schedule CT-706 Farmland           P
Schedule CT-709 Farmland P          
Schedule CT-1040AW Part-Year Resident Income Allocation P          
Schedule CT-1040BA Nonresident Business Apportionment P          
Schedule CT-1040WH Income Tax Withholding P          
Schedule CT-1041ESBT Electing Small Business Trust         P  
Schedule CT-1041 K-1 Beneficiary’s Share of Certain Connecticut Items         P  
Schedule CT-1041B Fiduciary Adjustment Allocation         P  
Schedule CT-1041C Taxable Income Calculation         P  
Schedule CT-1041FA Fiduciary Allocation         P  
Schedule CT-1041WH Income Tax Withholding         P  
Schedule CT K-1 Member’s Share of Certain Connecticut Items     P P    
Schedule CT-AB Alternative Base Calculation     P P    
Schedule CT-CE Combined Election     P P    
Schedule CT-CHET Higher Education Trust (CHET) 529 College Savings Plan Contribution P          
Schedule CT-Dependent Resident Dependent Information P          
Schedule CT-EITC Earned Income Tax Credit P          
Schedule CT-IT Credit Income Tax Credit Summary P       P  
Schedule CT-NR Elective Composite Income Tax Remittance Calculation     P P    
Schedule CT-PE Pass-Through Entity Tax Credit P       P  
Schedule CT-SI Nonresident or Part-Year Resident Schedule of Income from Connecticut Sources P          
Schedule I (CT-1041) Alternative Minimum Tax Computation of Trust or Estates         P  

Tax Law Changes

  • Income tax

    • The Property Tax Credit has increased to $300. This credit remains available only to Connecticut residents who are age 65 before the end of the year or who have a valid claim for one or more dependents on their federal income tax return.

    • The CT EITC has increased to 40% of the federal EITC amount. The maximum CT EITC investment has increased from $10,300 to $11,000.

  • Personal income tax and pass-through entity tax — 25% of section 168(k) federal bonus depreciation can still be added back for four preceding years.

  • Form CT-706/709 — Total annual exclusion for gifts has increased from $16,000 to $17,000.