Form Ct-1120 - Corporation Business Tax Return

SCHEDULE D

– – – – – COMPUTATION OF NET INCOME

1. Federal taxable income (loss) before net operating loss and special deductions ..........................................

2. Interest income wholly exempt from federal tax ...............................................................................................

3. Unallowable deduction for corporation tax ( Schedule F , Line 8) ....................................................................

4. Intangible expenses and interest expenses paid to a related member

(See instructions) .............................

5. 30% federal bonus depreciation (

See instructions) ........................................................................................

6. TOTAL (Add Lines 1, 2, 3, 4, and 5) ...............................................................................................................

7. Dividend deduction (Form CT-1120 ATT, Schedule I , Line 4) .......................................................................

8. Capital loss carryover (if not deducted in computing federal capital gain) ......................................................

9. Capital gain from sale of preserved land ..........................................................................................................

10. Federal bonus depreciation recovery (Form CT-1120 ATT, Schedule J, Line 4) .........................................

11. Other (Attach explanation) ................................................................................................................................

12. TOTAL (Add Lines 7, 8, 9, 10, and 11) ...........................................................................................................

13. NET INCOME (Subtract Line 12 from Line 6. Enter here and on Schedule A , Line 1.) ..................................

– – – – – COMPUTATION OF MINIMUM TAX BASE

SCHEDULE E

COLUMN A

COLUMN B

COLUMN C

(See instructions)

BEGINNING OF YEAR

END OF YEAR

(COLUMN A plus

1. Capital stock (federal Schedule L, Line 22a and Line 22b) .....................................

COLUMN B)

2. Surplus and undivided profits (federal Schedule L, Lines 23, 24, and 25) .............

DIVIDED BY 2

3. Surplus reserves (Attach schedule) ........................................................................

4. Total (Add Lines 1, 2, and 3.) Enter average in Column C ......................................

5. Holdings of stock of private corporations (attach schedule). Enter average in Column C

6. Balance (Subtract Line 5, Column C from Line 4, Column C. Enter here and on Schedule B , Line 1.) ..............................................

SCHEDULE F

– – – – – TAXES

COLUMN A

COLUMN B

1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6

1. Payroll

1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6

2. Real property

1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6

3. Personal property

1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6

4. Sales and use

1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6

5. Other (See instructions)

1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6

6. Connecticut corporation business

1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6

(Deducted in the computation of federal taxable income)

1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6

7. Tax on or measured by income or profits imposed by other states or political subdivisions

1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6

(Deducted in the computation of federal taxable income). ATTACH SCHEDULE

1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6

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.) .......................................................................................

SCHEDULE G

– – – – – ADDITIONAL REQUIRED INFORMATION (Attach Schedule)

Name of Officer

Home Address

Title

1. In which Connecticut town(s) does the corporation own or lease (as lessee) real or tangible personal property, or perform services?

____________________________________________________________________________________

2. (a) Did this corporation transfer a controlling interest in an entity owning Connecticut real property?

Yes

If “Yes,” enter: Transferee Name

_ _ _ _ _ _ _ _ _ _ _ _________________________ Federal Employer ID Number

___________________________

(b) Was there a transfer of a controlling interest in your company owning Connecticut real property ?

Yes

If “Yes,” enter: Transferor Name

_ _ _ _ _ _ ____________________________ Federal Employer ID Number

___________________________

3. Did any corporation at any time during the year own a majority of the voting stock of this corporation?

Yes

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 Connecticut?

Yes

No (If “No,” attach explanation.)

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 that the penalty for willfully delivering a false return to DRS is a fine of not more than $5,000, or 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.

Signature of Corporate Officer

Date

May DRS contact the preparer

SIGN HERE

shown below about this return?

Title

Telephone Number

Yes

Keep a

(

)

(See instructions, Page 17)