Connecticut Department of Revenue, Connecticut Tax

ConnecticutBusiness Corporate Tax, Connecticut Personal Income Tax, Connecticut Sales Tax Rates

What is the Connecticut Corporate net income tax rate(s)?

7.5%

There is a $250.00 minimum payment to submit the tax return, even if you don't make any money. There is also the BET tax with a $200.00 minimum.

What is the Connecticut personal net income tax rate(s)?

What is the average Connecticut sales tax rate(s)?

6%

Are there standard deductions?

Single:  n/a
Joint:  n/a

Are there personal exemptions?

Single:  $13,000.00
Dependants:  $0.00

What forms do you file for your Connecticut taxes?

C corporations:   Form CT-1120
S Corporations:  Form CT-1120SI
Partnerships:  Form CT-1065
Individual:  Form CT-1040
Non resident: CT-1040NR

Estimated tax payments?

Form CT 1040ES. Connecticut follows the IRS standards for estimated payments. If you will owe $1000.00 or more in tax for the current year, you are required to make 90% of the tax due, over quarterly payments. It has to be at least 100% of the previous year, even if you think you won't make as much in the current year.

Connecticut Department of Revenue:

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