Connecticut Administrative Code

Regulations of Connecticut State AgenciesSec. 12-715(b)-1. Character of partnership items(a) In order that the modifications described in § 12-715(a)-1 of this Part, and the passive activity loss and capital loss limitations described in § 12-711(b)-6 of Part II, may be properly …

Regulations of Connecticut State AgenciesSec. 12-715(b)-2. Character of S corporation items(a) In order that the modifications described in § 12-715(a)-2 of this Part, and the passive activity loss and capital loss limitations described in § 12-711(b)-6 of Part II, may be properl…

Regulations of Connecticut State AgenciesSec. 12-715(c)-1. Connecticut income tax avoidance or evasion(a) If a partnership agreement provides for a special allocation among the partners of any item of partnership income, gain, loss or deduction, federal income tax law requires th…

Regulations of Connecticut State AgenciesSec. 12-716(a)-1. Allocating the Connecticut fiduciary adjustment among trust or estate and its beneficiaries(a) General. Ordinarily, the Connecticut fiduciary adjustment is allocated among a trust or estate and its beneficiaries in propor…

Regulations of Connecticut State AgenciesSec. 12-716(b)-1. Method of attributing certain modifications among trust or estate and beneficiaries(a) General.(1) Where the Connecticut fiduciary adjustment consists of or relates to items of income, gain, loss, or deduction which are c…

Regulations of Connecticut State AgenciesSec. 12-717(a)-1. Part-year resident individuals: income derived from or connected with sources within Connecticut(a) For purposes of determining the Connecticut income tax liability of a part-year resident individual, the term \"income de…

Regulations of Connecticut State AgenciesSec. 12-717(b)-1. Part-year resident trusts: income derived from or connected with sources within Connecticut(a) For purposes of determining the Connecticut income tax liability of a part-year resident trust, the term \"income derived from…

Regulations of Connecticut State AgenciesSec. 12-717(c)(1)-1. Special accruals: change from resident to nonresident(a) Where the resident status of an individual changes from resident to nonresident, such individual shall, regardless of the method of accounting normally employed,…

Regulations of Connecticut State AgenciesSec. 12-717(c)(2)-1. Special accruals: change from nonresident to resident(a) Where the resident status of an individual changes from nonresident to resident, such individual shall, regardless of the method of accounting normally employed,…

Regulations of Connecticut State AgenciesSec. 12-717(c)(3)-1. Accrued items not to be included in subsequent taxable periods(a) No items of income, gain, loss or deduction accrued under this section by a part-year resident individual for the portion of the taxable year prior to a…

Regulations of Connecticut State AgenciesSec. 12-717(c)(4)-1. Special accruals not required in certain cases(a) General.(1) The special accruals required by this Part for a part-year resident individual changing his or her status from resident to nonresident need not be made if t…

Regulations of Connecticut State AgenciesSec. 12-717-1. Part-year residents: capital losses and passive activity losses(a) Where an individual changes resident status during the taxable year, the capital gains or losses or passive activity income or loss attributable to such indi…

Regulations of Connecticut State AgenciesSec. 12-717-2. Part-year residents: net operating loss deduction(a) Change of status from resident to nonresident. Where the federal income tax return of an individual for a taxable year in which such taxpayer changes resident status from …

Regulations of Connecticut State AgenciesSec. 12-717-3. Part-year residents: income or loss from business, trade, profession or occupation(a) Where the federal income tax return of an individual for a taxable year in which a change of resident status occurs includes net income or…

Regulations of Connecticut State AgenciesSec. 12-717-4. Part-year residents: distributive or pro rata share of partners and S corporation shareholders(a) Partners. Where an individual is a partner in a partnership and such individual changes resident status during the taxable yea…

Regulations of Connecticut State AgenciesSec. 12-722(a)-1. Addition to tax not subject to interest or penalty(a) If an individual is subject to an addition to tax under section 12-722(a) of the Connecticut General Statutes, the addition to tax shall not be subject to interest or …

Regulations of Connecticut State AgenciesSec. 12-722(d)(2)-1. Annualized income installments(a) A taxpayer may use the annualized income installment method if the taxpayer's income fluctuates throughout the year due to, for example, the operation of a seasonal business. A taxpaye…

Regulations of Connecticut State AgenciesSec. 12-722(n)-1. Installments due after date of death(a) In the case of a decedent, payments of estimated income tax installments due after the date of death of the decedent and in respect of income that is earned before the death of the …

Regulations of Connecticut State AgenciesSec. 12-722-1. Estimated tax payments by husband and wife. Change of status. Death of a spouse(a) General. A husband and wife may make joint estimated tax payments, as if a joint Connecticut income tax return shall be filed by them for the…

Regulations of Connecticut State AgenciesSec. 12-723-1. Extension of time for filing returns(a) General. Except as set forth herein, no taxpayer shall receive any extension of time for filing a Connecticut income tax return. Any taxpayer who requests an extension of time for fili…

Regulations of Connecticut State AgenciesSec. 12-723-3. Extension of time for payment of Connecticut income tax(a) The Commissioner may, apart from any extension of time to file a Connecticut income or withholding tax return, grant a reasonable extension of time for payment of Co…

Regulations of Connecticut State AgenciesSec. 12-723-4. Extension of time to file informational returns(a) Any person required to file informational returns, whether on paper or magnetic media, may request an extension of time to file such returns upon demonstrating good cause by…

Regulations of Connecticut State AgenciesSec. 12-723-5. Extension of time to file withholding tax returns(a) Where, for good cause, a federal Form 941 is filed late, a Connecticut quarterly withholding tax return (Form CT-941) also may be filed late. In such a case, a copy of the…

Regulations of Connecticut State AgenciesSec. 12-723-6. Person other than taxpayer requesting extension(a) Extension of time to file.(1) Any person who is authorized by § 12-725-1 of Part XI to sign a return on behalf of another person may request an extension of time for filing …

Regulations of Connecticut State AgenciesSec. 12-723-7. DefinitionsAs used in this Part, unless the context otherwise requires:(1) \"Return\" includes a return, declaration, statement or other document required or permitted to be made or filed under the Income Tax Act upon which …

Regulations of Connecticut State AgenciesSec. 12-725-1. Signing of Connecticut income tax returns, declarations, statements or other documents(a) General. Except as provided in subsection (b) of this section, any Connecticut return shall be signed by the individual making or fili…

Regulations of Connecticut State AgenciesSec. 12-725-2. Signing of Connecticut returns prepared by a person other than the taxpayer(a) (1) An individual who is a return preparer (as defined in subsection (b) of this section), with respect to a Connecticut return, shall sign such …

Regulations of Connecticut State AgenciesSec. 12-726(a)-1. Informational return required from partnership(a) A partnership as such is not subject to the income tax, but a partnership which has any income, gain, loss or deduction derived from or connected with sources within Conne…

Regulations of Connecticut State AgenciesSec. 12-726(b)-1. Informational return required from S corporation(a) An S corporation as such is not subject to the income tax, but an S corporation that has any income, gain, loss or deduction derived from or connected with sources withi…

Regulations of Connecticut State AgenciesSec. 12-727(a)-2. Informational reporting by certain employers, payers or real estate reporting persons(a) (1) Except as otherwise provided in this subsection, where, during a calendar year, an employer pays remuneration which is not subje…

Regulations of Connecticut State AgenciesSec. 12-727(b)-1. Timely-amended federal income tax returns(a) General. If the amount of a taxpayer's federal income is changed or corrected by the Internal Revenue Service or other competent authority, or as the result of a renegotiation …

Regulations of Connecticut State AgenciesSec. 12-727(b)-2. Report of amended federal income or income tax withholding return(a) Any taxpayer who files a timely amended federal income tax return resulting in a change in federal income or federal alternative minimum taxable income,…

Regulations of Connecticut State AgenciesSec. 12-727(b)-3. Federal changes not binding(a) The Department is not required to accept as correct any change in a taxpayer's federal income, the disallowance (in whole or in part) of a claim for credit or refund of federal income tax, o…

Regulations of Connecticut State AgenciesSec. 12-727(b)-4. Final determination(a) A final determination for purposes of this Part includes but is not limited to the following: (1) a closing agreement made under section 7121 of the Internal Revenue Code finally and irrevocably adj…

Regulations of Connecticut State AgenciesSec. 12-727(b)-5. Recomputation of Connecticut income tax(a) The assessment of Connecticut income tax may be made at any time if a taxpayer or employer fails to report a change or correction or fails to file an amended Connecticut income t…

Regulations of Connecticut State AgenciesSec. 12-728(a)-1. Interest on deficiency assessments(a) If a deficiency is assessed by the Commissioner after examination of a final return pursuant to Section 12-728 of the general statutes, the amount of the deficiency shall bear interes…

Regulations of Connecticut State AgenciesSec. 12-728(a)-2. Penalties on deficiency assessments(a) A penalty of 10% shall be imposed on the amount of any deficiency assessment in the case of negligence or intentional disregard of the provisions of the Income Tax Act or any rule or…

Regulations of Connecticut State AgenciesSec. 12-728(b)-1. Notice of deficiency(a) A notice of deficiency shall set forth the reason for the proposed assessment, and shall be mailed to the taxpayer's last known address, as shown in the records of the Department. It is the respons…

Regulations of Connecticut State AgenciesSec. 12-731-1. Mathematical errors(a) If the amount of tax is understated on a return due to a mathematical error, the Commissioner shall notify the taxpayer that an amount of tax in excess of that shown on the return, plus interest at the…

Regulations of Connecticut State AgenciesSec. 12-732(a)-1. Claim for refund(a) Except as otherwise provided in § 12-732(b)-1 of this Part, if any tax imposed by the Income Tax Act has been overpaid, a taxpayer may file a claim for refund in writing with the Commissioner within th…

Regulations of Connecticut State AgenciesSec. 12-732(a)-2. Claim for refund by nonobligated spouse(a) Except as otherwise provided in § 12-732(b)-1 of this Part or in section 12-732 of the Connecticut General Statutes, if a joint Connecticut income tax return has been filed by an…

Regulations of Connecticut State AgenciesSec. 12-732(b)-1. Timely filing of claim for refund after the three-year period provided by section 12-732(a)(a) (1) If a change to or correction of a taxpayer's federal tax return by the Internal Revenue Service or other competent authori…

Regulations of Connecticut State AgenciesSec. 12-733(a)-1. Notice of proposed deficiency(a) (1) Except as otherwise provided in the Income Tax Act or in subdivision(2) or (3) of this subsection, a notice of proposed deficiency assessment for a taxable year shall be mailed to the …

Regulations of Connecticut State AgenciesSec. 12-733(f)-1. Agreement extending time for assessing deficiency or claiming refund(a) If, within the time prescribed in § 12-733(a)-1 of this Part for the assessment of a deficiency, a written agreement between the Department and a tax…

Regulations of Connecticut State AgenciesSec. 12-734-1. Liens(a) The amount of any tax, penalty and interest due and unpaid shall be a lien, from the last day of the taxable year with respect to which such tax is due until discharged by payment, against all real estate of the tax…

Regulations of Connecticut State AgenciesSec. 12-735(a)-1. Penalties and interest(a) (1) If any person fails to pay the amount of tax reported to be due on such person's return (other than an amended return) within the time specified under the provisions of the Income Tax Act, th…

Regulations of Connecticut State AgenciesSec. 12-735(b)-1. Commissioner's assessment on best information(a) (1) If any person has not made a required return (other than an amended return) within three months after the due date specified for such return under the provisions of the…