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Connecticut Corporation Business Tax Return Form

For a corporation that is registered in the State of Connecticut, using the following form to report business report tax is mandatory.

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1. 		  Address change	
 2. Return status:  		 Initial      		  Final      		 Short period	
	 3.	 If	this	is	a	final	return,	has	the	corporation:				  Dissolved      		  Withdrawn	
	 			  Merged/reorganized: Enter survivor’s CT Tax Registration Number:	 _____________________________________	
	 4.	 Federal	return	was	filed	on:				  1120      		  1120-H      		  1120-REIT      		  1120-RIC      		  Other:	 ______________________	
	 			  Consolidated basis:  Parent co. name	    ________________________________	  Parent co. FEIN 	   _____________________________________	
  5. 	Is this corporation exchanging R & D tax credits?	  	  Yes (Attach 	Form CT-1120 XCH	.)       		  No	
 6.  Was this company included in a CT combined or unitary business tax return for the previous year?  		 Yes       		  No	
	 	 If	this	is	the	first	year	electing	or	revoking	combined	or	unitary	status,	attach		Form CT-1120CC	 or 	Form CT-1120CC-R	.	
 7. Is this company included in a CT combined or unitary business tax return for this year?
   		 Yes (Attach 	Form CT-1120CR	 or 	Form CT-1120U	.)   		 No	
  8.  Is the principal place of business located in CT?  		  Yes      		  No	
    If 	No	,	enter	state	where	principal	place	of	business	is	located	 ______________________	 State of incorporation	 _____________________________	
   	Date of organization	  ______________________	 Date	qualified	in	CT	  __________________	 Date business began in CT	  _______________________	 	
  9.  Is this corporation exempt from CT corporation business tax?  		  Yes (Attach explanation of exemption including statutory cite.)  		  No	
 10.  Did this corporation use the annualized method to calculate its estimate\
d tax installments?  		  Yes (Attach 	Form CT-1120	I.)  	  No	
	11.	 Does	this	corporation	pay,	accrue,	or	incur	interest	expenses	or	intangible	expenses,	costs,	and	related	interest	expenses	to	a	related
    member?  		  Yes (Attach	 Form CT-1120AB	.)   		  No 	
	12.	 Is	this	corporation	filing		Form CT-1120 PIC	?  	  Yes (Attach 	Form CT-1120 PIC	.)  	  No	
 13.  Did this corporation have an average monthly net employment gain as calc\
ulated on 	Form CT-1120 TCE	?  	  Yes     		  No	
Check and Complete All Applicable Boxes	Visit 	www.ct.gov/TSC	
to	file	and	pay	this	 	
return electronically.	
Schedule C	 – Computation of Amount Payable (Minimum Tax $250)	
 1a. 	Tax: Greater of 	Schedule A	,	Line 	6; 		Schedule B	,	Line 	6; 	or 	$250	 .......	  1a   00	
 1b.		Surtax:	Line 	1a 	multiplied 	by 	20%. 	If 	federal 	Form 	1120, 	Line 	11 	isless 	than 	$100,000,000 	or 	Line 	1a 	is 	$250 	enter 	“0.”	 ..........................	  1b   00	
 1c.  Recapture of tax credits: See instructions. 	 ..........................................	  1c   00	
 	1. Total tax: 	Enter 	the 	total 	of 	Lines 	1a 	through 	Line 	1c. 	If 	no 	tax 	credits 	claimed, 		enter also	 on	Line 	6.	 .........	 	1  00	
	 2.	Multiply	Line	1	by	30%	(0.30).	If	Line	13	above	is		Yes	,	see	instructions.		 ...................................................	   2  00	
	 3.	Enter	the	greater	of	Line	2	or	$250.	 ........................................................................\
....................................	   3  00	
	 4.	Tax	credit	limitation:	Subtract	Line	3	from	Line	1.		 ........................................................................\
...............	   4  00	
 5. Tax credits from 	Form CT-1120K	,	Part	II,	Line	11.		Do not exceed amount on Line 4	. ...........................	    5  00	
	 6.	Balance	of	tax	payable:	Subtract	Line	5	from	Line	1.		 ........................................................................\
..............	  	 6  00	
 7a.  Paid with application for extension from 	Form CT-1120 EXT	  .................	 7a  00	
 7b.  Paid with estimates from 	Forms CT-1120 ESA	,	ESB	,	ESC	,	& ESD	  ........	 7b  00	
 7c.  Overpayment from prior year	 ...................................................................	 7c  00	
 	7. Tax payments: 	Enter	the	total	of	Lines	7a,	7b,	and	7c.	 ........................................................................\
............	   	7 	00	
	 8.	Balance	of	tax	due	(overpaid):	Subtract	Line	7	from	Line	6.	  ......................................................................	    8  00	
 9a.  Penalty	 ........................................................................\
........................	  9a  00	
 9b.	 Interest	 ........................................................................\
........................	  9b  00	
 9c.	 CT-1120	I Interest	 ........................................................................\
........	  9c  00	
	 9.	Total	penalty	and	interest:	Enter	the	total	of	Lines	9a,	9b,	and	Line	9c.	 ...........................................................	    9  00	
 10a.  Amount to be credited to 2013 estimated tax	 ....................................	  10a  00	
 10b.  Amount to be refunded	 ......................................................................	  10b  00	
	 10.	Total	to	be	credited	or	refunded:	Enter	the	total	of	Line	10a	and	Line	10b.	 .................................................................	   10  00	
 11. 	Balance due with this return	: Add	Line	8	and	Line	9.	 ........................................................................\
.....	    11  00	
Form CT-1120	
Corporation Business Tax Return	
Department of Revenue Services	 	State of Connecticut
(Rev. 12/12) 	Enter Income Year Beginning 	 __________________________	,  2012, and Ending 	 _______________________	, _________
2012	
Corporation name
Number and street   PO Box
City or town  State ZIP code	
Total assets
Amount	from	federal	Form	1120,	Line	11: See 	Schedule C	,	Line	1b	below.	
NAICS code: See instructions.	
00
 00	



Federal Employer ID Number (FEIN)
DRS use only
CT Tax Registration Number
           	 –            – 20	

 
	
Attach a Complete Copy of Form 1120 Including All Schedules as Filed With the Internal Revenue Service. 	 	Complete Schedule C after completing all other schedules.	
For	a 	faster 	refund, 	file	 	
this return electronically at	 	
 www.ct.gov/TSC	 	
and choose direct deposit.	
   	For faster refund, use Direct Deposit by completing Lines 10c, 10d, and \
10e.	
	10c.	Checking			 	  Savings  	 	  10d. Routing number  		
 10e.  Account number  	  	10f.		Will 	this 	refund 	go 	to 	a 	bank 	account 	outside 	the 	U.S.? 			  Yes

Form CT-1120 (Rev. 12/12)	Page 2 of 3	
 1.  Net income: Enter amount from 	Schedule D, 	Line 	22. 		If 100% Connecticut, enter also on Line 3	.  ...	.   1 	00	
 2.  Apportionment fraction: Carry to six places. See instructions. 	 .............................................................	   2  0.	
	 3.	 Connecticut	net	income:	Multiply	Line	1	by	Line	2.		 ........................................................................\
......	   3 	00	
 4.  Operating loss carryover from 	Form CT-1120 ATT	,	Schedule H	,	Line	14,	Column	D	 ..........................	   4 	00	
	 5.	 Income	subject	to	tax:	Subtract	Line	4	from	Line	3.		 ........................................................................\
.....	   5 	00	
 6. 	Tax:		Multiply	Line	5	by	7.5%	(.075).		 ........................................................................\
.............................	   6 	00	
Schedule A	 – Computation of Tax on Net Income	
 1.  Federal taxable income (loss) before net operating loss and special de\
ductions	 .................................	   1 	00	
 2.  Interest income wholly exempt from federal tax	 ........................................................................\
............	   2 	00	
	 3.	 Unallowable	deduction	for	corporation	tax	from		Schedule F	,	Line	8	 .....................................................	   3 	00	
 4.  Interest expenses paid to a related member from 	Form CT-1120AB	,	Part	I	A,	Line	1	 .........................	   4 	00	
 5.  Intangible expenses and costs paid to a related member from 	Form CT-1120AB	,	Part	I	B,	Line	3	 .....	   5 	00	
 6.  Federal bonus depreciation: See instructions. 	 ........................................................................\
.............	   6 	00	
 7. 	Reserved for future use	 ........................................................................\
.................................................	   7 	  	
	 8.	 IRC	§199	domestic	production	activities	deduction	from	federal	Form	1120,	Line	25	...........................	  8 	00	
 9.  Other: Attach explanation. 	 ........................................................................\
............................................	   9 	00	
	 10.	 Total:	Add	Lines	1	through	9.		 ........................................................................\
.......................................	   10 	00	
 11.  Dividend deduction from 	Form CT-1120 ATT	,	Schedule I	,	Line	5	 ........................................................	   11 	00	
 12.  Capital loss carryover (if not deducted in computing federal capital ga\
in)	 ............................................	   12 	00	
 13.  Capital gain from sale of preserved land	 ........................................................................\
.......................	   13 	00	
 14.  Federal bonus depreciation recovery from 	Form CT-1120 ATT	,	Schedule J, 	Line	13	 .........................	   14 	00	
	 15.	 Exceptions	to	interest	add	back	from		Form CT-1120AB	,	Part	II	A,	Line	1	 ...........................................	   15 	00	
	 16.	 Exceptions	to	interest	add	back	from		Form CT-1120AB	,	Part	II	A,	Line	2	 ...........................................	   16 	00	
	 17.	 Exceptions	to	interest	add	back	from		Form CT-1120AB	,	Part	II	A,	Line	3	 ...........................................	   17 	00	
	 18.	 Exceptions	to	add	back	of	intangible	expenses	paid	to	a	related	member	from	 	   	Form CT-1120AB	,	Part	II	B,	Line	1	 ........................................................................\
...............................	   18 	00	
 19. 	Reserved for future use 	 ........................................................................\
................................................	   19    	
 20.  Other: See instructions. 	 ........................................................................\
................................................	   20 	00	
	 21.	 Total:	Add	Lines	11	through	20.		 ........................................................................\
....................................	   21 	00	
 22. 	Net income:		Subtract	Line	21	from	Line	10.	Enter	here	and	on		Schedule A	,	Line	1.		 ..........................	   22 	00	
Schedule D	 – Computation of Net Income	
Schedule B	 – Computation of Minimum Tax on Capital	
  1.  Minimum tax base from 	Schedule E	,	Line	6,	Column	C.		If 100% Connecticut, enter also on Line 3	.  1 	00	
 2.  Apportionment fraction: Carry to six places. See instructions. 	 .............................................................	   2  0.	
	 3.	 Multiply	Line	1	by	Line	2.		 ........................................................................\
..............................................	   3 	00	
 4.  Number of months covered by this return	 ........................................................................\
.....................	   4 	
	 5.	 Multiply	Line	3	by	Line	4,	divide	the	result	by	12.		 ........................................................................\
.........	   5 	00	
 6. 	Tax 	(3 	and 	1/10 	mills 	per 	dollar): 	Multiply 	Line 	5 	by 	.0031. 	Maximum 	tax 	for 		Schedule B		is 	$1,000,000. 		 ...   6 	00	
	 1.	 Capital 	stock 	from 	federal 	Schedule 	L, 	Line 	22a 	and 	Line 	22b	 ....	 	00  00	
	 2.	 Surplus	and	undivided	profits	from	federal	Schedule	L,	 	Lines	23,	24,	and	25	 ...................................................................	 	00  00	
 3.  Surplus reserves: Attach schedule. 	 ...........................................	 	00  00	
	 4.	 Total:	Add	Lines	1,	2,	and	3.		Enter	average	in	Column	C.		 .......	 	00  00 00	
	 5.	 Holdings	of	stock	of	private	corporations:	 Attach	schedule.	 	Enter average in Column C. 	 ......................................................	 	00  00 00	
	 6.	 Balance:	Subtract	Line	5,	Column	C,	from	Line	4,	Column	C.	Enter	here	and	on		Schedule B	,	Line	1.		 ............................	 	00	
 	Column A   Column B  Column C	
 Beginning of Year  End of Year	
(Column A plus
Column B)
Divided by 2	
  Schedule E	 – Computation of Minimum Tax Base	
                         	 See instructions.

Form CT-1120 (Rev. 12/12)	Page 3 of 3	
Schedule G	 – Additional Required Information 	–	Attach	a	schedule	of	corporate	officers’ 	names,	titles,	and	addresses.	See	instructions.		
	 1.	 In	which	CT	town(s)	does	the	corporation	own	or	lease,	as	lessee,	real	or	tangible	personal	property,	or	perform	services?	 	
 ________________________________________________________________________\
______________________________________	
  2.   (a) Did this corporation directly or indirectly transfer a controlling\
 interest in an entity owning CT real property? 	 	  Yes 	 	  No	
    If 	Yes	,	enter:	Entity	name		  ___________________________________	  Federal Employer ID Number 	 _________________________	
    (b) Was there a direct or indirect transfer of a controlling interest in your\
 company owning CT real property? 	 	  Yes 	 	  No	
   If 	Yes	,	enter:	 Transferor	name		  _______________________________	  Federal Employer ID Number 	 _________________________	
    (c) If the answer to either 2(a) or 2(b) is 	Yes	,	enter:	 Transferee(s)	name		 ____________________________________________________	
     Date of transfer	 _________________________	,	and	 attach a list of addresses for all Connecticut realty property transfer\
red.	
	 3.	 Did	any	corporation	at	any	time	during	the	year	own	a	majority	of	the	voting	stock	of	this	corporation?		 	  Yes 	 	  No	
    If 	Yes	,	enter:	Corporation	name	 _________________________________	  Federal Employer ID Number	  ___________________________	
	 4.	 Last	taxable	year	this	corporation	was	audited	by	the	Internal	Revenue	Service		  ____________________	
    Were adjustments reported to CT?  	 	  Yes     	 	  No (If 	No	,	attach	explanation.)	
 1.  Payroll	........................................................................\
.....	  1. 	00	
  2.  Real property	 ..................................................................	   2. 	00	
  3.  Personal property	 ...........................................................	   3. 	00	
  4.  Sales and use	 .................................................................	   4. 	00	
  5.  Other: See instructions. 	 .................................................	   5. 	00	
  6.  Connecticut corporation business tax deducted in the computation of fede\
ral taxable income	 ........	   6. 	00	
	 7.	 Tax	on	or	measured	by	income	or	profits	imposed	by	other	states	or	political	subdivisions	 	    deducted in the computation of federal taxable income: Attach schedule. 	 .......................................	   7. 	00	
	 8.	 Total 	unallowable 	deduction 	for 	corporation 	business 	tax 	purposes: 	Add 	Line 	6 	and 	Line 	7,	 	    Column B. 	Enter here and on	 Schedule D	,	Line	3.	 ........................................................................\
....	   8. 	00	
  Column  A  Column  B	Schedule F	 – Taxes	
Declaration:  	I	declare	 under	penalty	 of	law	 that	 I	have	 examined	 this	return	 (including	 any	accompanying	 schedules	and	statements)	 and,	to	the	 best	 of		my	knowledge	 and	belief,	 it	is	 true,	 complete,	 and	correct.	 I	understand	 the	penalty	 for	willfully	 delivering	 a	false	 return	 or	document	 to	the	 Department	of	Revenue	 Services	(DRS)	is	a	fine	 of	not	 more	 than	$5,000,	 imprisonment	 for	not	 more	 than	five	years,	 or	both.		 The	declaration	 of	a	paid	 preparer	other	than	the	taxpayer	is	based	on	all	information	of	which	the	preparer	has	any	knowledge.	
Corporate	officer’s	name		(print) 	Corporate	officer’s	signature	 	 Date	
Corporate	officer’s	email	address		(print)	   Telephone number	
Title  May DRS contact the preparer shown below about this return?
                  	Yes 		            No 		  See instructions.	
Paid preparer’s name 	(print)	  Date	
Paid preparer’s signature   Preparer’s SSN or PTIN
Firm’s name and address  FEIN Telephone number	
Sign Here
Keep a	 	copy	 	of this return for	 	your 	 	records.
Mail paper return with payment to: 	Department of Revenue Services	 State of Connecticut  PO Box 2974	 	 Hartford CT 06104-2974	
Make	check	payable	to:	 	Commissioner of Revenue Services
Attach	check	to	return	with	paper	clip.Do not staple.	
Mail paper return without payment to: 	Department of Revenue Services	 State of Connecticut  PO Box 150406	 	 Hartford CT 06115-0406	
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