Instructions For Form Ct-1065/ct-1120si Es - Estimated Connecticut Composite Income Tax Payment - 2004
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1CT-1065/CT-1120SI ES
Instructions
Fill in the ending date of the taxable year of the entity for which this payment is made. For calendar year filers, this would be
December 31, 2004.
An entity is required to make estimated composite Connecticut income tax payments on behalf of each nonresident member whose
expected Connecticut income tax liability on the nonresident member’s distributive share of the entity’s Connecticut source income for
the 2004 taxable year is expected to equal or exceed $1,000.
For entities reporting on a calendar year basis, estimated composite Connecticut income tax payments must be made as follows:
•
June 15, 2004, a total of 50% of the 2004 Connecticut income tax liability of nonresident members must be paid;
•
September 15, 2004, a total of 75% of the 2004 Connecticut income tax liability of nonresident members must be paid; and
•
January 15, 2005, a total of 100% of the 2004 Connecticut income tax liability of nonresident members must be paid.
Note: Entities whose taxable year is other than the calendar year should refer to Informational Publication 2003(12), Q&A on
Connecticut Income Tax Changes Affecting Partnerships and Limited Liability Companies (LLCs) with Nonresident Partners, or
Informational Publication 2004(13), Q&A on Connecticut Income Tax Changes Affecting S Corporations with Nonresident Shareholders,
available from the DRS Web site at
Form CT-1065/CT-1120SI ES Back (New 5/04)
cut here
CT-1065/CT-1120SI ES
Instructions
Fill in the ending date of the taxable year of the entity for which this payment is made. For calendar year filers, this would be
December 31, 2004.
An entity is required to make estimated composite Connecticut income tax payments on behalf of each nonresident member whose
expected Connecticut income tax liability on the nonresident member’s distributive share of the entity’s Connecticut source income for
the 2004 taxable year is expected to equal or exceed $1,000.
For entities reporting on a calendar year basis, estimated composite Connecticut income tax payments must be made as follows:
•
June 15, 2004, a total of 50% of the 2004 Connecticut income tax liability of nonresident members must be paid;
•
September 15, 2004, a total of 75% of the 2004 Connecticut income tax liability of nonresident members must be paid; and
•
January 15, 2005, a total of 100% of the 2004 Connecticut income tax liability of nonresident members must be paid.
Note: Entities whose taxable year is other than the calendar year should refer to Informational Publication 2003(12), Q&A on
Connecticut Income Tax Changes Affecting Partnerships and Limited Liability Companies (LLCs) with Nonresident Partners, or
Informational Publication 2004(13), Q&A on Connecticut Income Tax Changes Affecting S Corporations with Nonresident Shareholders,
available from the DRS Web site at
Form CT-1065/CT-1120SI ES Back (New 5/04)
cut here
CT-1065/CT-1120SI ES
Instructions
Fill in the ending date of the taxable year of the entity for which this payment is made. For calendar year filers, this would be
December 31, 2004.
An entity is required to make estimated composite Connecticut income tax payments on behalf of each nonresident member whose
expected Connecticut income tax liability on the nonresident member’s distributive share of the entity’s Connecticut source income for
the 2004 taxable year is expected to equal or exceed $1,000.
For entities reporting on a calendar year basis, estimated composite Connecticut income tax payments must be made as follows:
•
June 15, 2004, a total of 50% of the 2004 Connecticut income tax liability of nonresident members must be paid;
•
September 15, 2004, a total of 75% of the 2004 Connecticut income tax liability of nonresident members must be paid; and
•
January 15, 2005, a total of 100% of the 2004 Connecticut income tax liability of nonresident members must be paid.
Note: Entities whose taxable year is other than the calendar year should refer to Informational Publication 2003(12), Q&A on
Connecticut Income Tax Changes Affecting Partnerships and Limited Liability Companies (LLCs) with Nonresident Partners, or
Informational Publication 2004(13), Q&A on Connecticut Income Tax Changes Affecting S Corporations with Nonresident Shareholders,
available from the DRS Web site at
Form CT-1065/CT-1120SI ES Back (New 5/04)
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