Form Ct-1120s - Instructions
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1FORM CT-1120S EXT
Instructions
Purpose
When to File Form CT-1120S EXT
Use Form CT-1120S EXT, Application for Extension
File Form CT-1120S EXT on or before the 15th day of the
of Time to File S Corporation Business Tax Return,
fourth month following the close of the income year
to request a six-month extension of time to file
(April 15 for calendar year taxpayers). If the due date falls
Form CT-1120S, S Corporation Business Tax Return .
on a Saturday, Sunday, or legal holiday, the next business
It is not necessary to include a reason for the Connecticut
day is the due date.
extension request if an extension on federal Form 7004
was already filed with the Internal Revenue Service.
Required Information
Enter the beginning and ending dates of the S corporation’s
If federal Form 7004 was not filed, the S corporation can
income year, corporate name, address, Connecticut Tax
apply for a six-month extension of time to file
Registration Number, and Federal Employer Identification
Form CT-1120S provided there is reasonable cause for
Number.
the request.
Signature
This extension is not an extension to file Form CT-1120SI,
This form must be signed by a principal officer of the
S Corporation Information and Composite Income Tax
S corporation.
Return . Use Form CT-1120SI EXT.
Paid Preparer Signature
The Department of Revenue Services will notify the
Anyone who is paid to prepare the return must sign and
S corporation only if the request for extension is denied.
date it. Paid preparers must also enter their Social
Security Number or Preparer Tax Identification Number
How to Get an Extension
(PTIN), their firm’s Federal Employer Identification Number
To obtain a Connecticut filing extension the S corporation
(FEIN), and their firm’s address and telephone number in
must complete Form CT-1120S EXT in its entirety,
the spaces provided.
including all tax credits; file it by the 15th day of the fourth
month following the close of the income year; and pay the
Others Who May Sign
amount shown on the front page, Line 3.
Anyone with a signed Power of Attorney on file may sign
on behalf of the principal officer. If the principal officer is
NOTE: Form CT-1120S EXT only extends the time to
unable to sign a request for an extension, by reason of
file the Connecticut S Corporation Business Tax
illness, absence or other good cause, any person standing
Return. Form CT-1120S EXT does not extend
in a close personal or business relationship to the principal
the time to pay the amount of tax due.
officer (including an attorney, accountant, or enrolled agent)
may sign the request on the principal officer’s behalf, and
Interest and Penalty
shall be considered as a duly authorized agent for this
Interest will be assessed at the rate of 1% per month or
purpose, provided the request sets forth the reasons for a
fraction of a month on any underpayment of tax computed
signature other than by the principal officer and the
from the 15th day of the fourth month following the close of
relationship existing between the principal officer and the
the income year. The penalty for underpayment of tax is
signer.
10% (.10) or $50, whichever is greater. However, a
taxpayer that has been granted a filing extension may avoid
Where to File
a late payment penalty provided the outstanding balance
due is 10% or less and is paid with the filing of the
Mail to:
State of Connecticut
Connecticut S Corporation Business Tax Return.
Department of Revenue Services
PO Box 150406
In the event that no tax is due, the Commissioner of
Hartford CT 06115-0406
Revenue Services may impose a $50 penalty for the late
filing of any return or report that is required by law to be
filed.
FORM CT-1120S EXT Back (Rev. 12/00)
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