Form Ct-1120 - Corporation Business Tax Return

2012

Form CT-1120

Department of Revenue Services

State of Connecticut

Corporation Business Tax Return

(Rev. 12/12)

Enter Income Year Beginning

, 2012, and Ending

 __________________________

 _______________________

_________

Total assets

Corporation name

Federal Employer ID Number (FEIN)



Amount from federal Form 1120, Line

DRS use only

Number and street

PO Box

11: See Schedule C, Line 1b below.

–

– 20



City or town

State

ZIP code

CT Tax Registration Number

NAICS code: See instructions.



Check and Complete All Applicable Boxes

Visit



Address change

to file and pay this



2. Return status:

Initial

Final

Short period

return electronically.



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Withdrawn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.)





6. Was this company included in a CT combined or unitary business tax return for the previous year?

Yes



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.)



8. Is the principal place of business located in CT?

Yes



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.)



10. Did this corporation use the annualized method to calculate its estimated tax installments?

Yes (Attach Form CT-1120I.)



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.)





12. Is this corporation filing Form CT-1120 PIC?

Yes (Attach Form CT-1120 PIC.)





13. Did this corporation have an average monthly net employment gain as calculated on Form CT-1120 TCE?

Yes



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.

Schedule C – Computation of Amount Payable (Minimum Tax $250)

For a faster refund, file

this return electronically at

Tax: Greater of Schedule A, Line 6; Schedule B, Line 6; or $250 .......

1a.



1b.

Surtax: Line 1a multiplied by 20%. If federal Form 1120, Line 11 is

less than $100,000,000 or Line 1a is $250 enter “0.” ..........................



and choose direct deposit.

1c. Recapture of tax credits: See instructions. ..........................................



1. Total tax: Enter the total of Lines 1a through Line 1c. If no tax credits claimed, enter also on Line 6. .........

2. M ultiply Line 1 by 30% (0.30). If Line 13 above is Yes, see instructions. ...................................................



3. E nter the greater of Line 2 or $250. ............................................................................................................



4. T ax credit limitation: Subtract Line 3 from Line 1. .......................................................................................



5. Tax credits from Form CT-1120K, Part II, Line 11. Do not exceed amount on Line 4. ...........................



6. B alance of tax payable: Subtract Line 5 from Line 1.

......................................................................................



7a. Paid with application for extension from Form CT-1120 EXT .................



7b. Paid with estimates from Forms CT-1120 ESA, ESB, ESC, & ESD ........



7c. Overpayment from prior year ...................................................................



7. Tax payments: Enter the total of Lines 7a, 7b, and 7c.

....................................................................................



8. B alance of tax due (overpaid): Subtract Line 7 from Line 6. ......................................................................



9a. Penalty ................................................................................................



9b. Interest ................................................................................................



9c. CT-1120I Interest ................................................................................



9. T otal penalty and interest: Enter the total of Lines 9a, 9b, and Line 9c. ...........................................................

10a. Amount to be credited to 2013 estimated tax ....................................

10a



10b. Amount to be refunded ......................................................................

10b



For faster refund, use Direct Deposit by completing Lines 10c, 10d, and 10e.



10c. C hecking

Savings

10d. Routing number





10e. Account number

10f. Will this refund go to a bank account outside the U.S.?

Yes



10. T otal to be credited or refunded: Enter the total of Line 10a and Line 10b.

.................................................................

11. Balance due with this return: Add Line 8 and Line 9. .............................................................................



Form Ct-1120 - Corporation Business Tax Return - 2012

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