Instructions For Connecticut S Corporation Information And Composite Income Tax Return Form Ct-1120si - 1999
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30Connecticut
1999
S Corporation
Information and
FORM
Composite
CT-1120SI
Income Tax
Return and Instructions
Dear Customer:
Over the past five years, the State of Connecticut has cut taxes by
$1.6 billion — with half that amount directly benefiting Connecticut
businesses, and the balance reducing the tax burden on individual
taxpayers. S corporations are seeing the results of those tax cuts, not
only with the reduction in the S corporation business tax rates, but also
with the phaseout of the percentage of net income subject to the tax.
This booklet
This is one of the ways Connecticut has recognized the importance of
contains:
companies of all sizes who have helped contribute to the economic
success of our State.
• Form CT-1120SI
Again this year, there are important tax changes that can save you tax
dollars, as well as streamline your tax reporting. Please be sure to read
• Form CT-1120SI EXT
Page 5 to learn about changes to tax rates, procedures and tax credits.
If you have questions about these changes, our Taxpayer Services
• Form CT-1NA
personnel are ready to assist you by phone, e-mail or in writing. Use the
information on the back cover of this booklet to reach them. Our Web
site shown below is a valuable resource and is available 24 hours a day,
• Form CT-2NA
seven days a week. Use it to download forms and other information that
you may need.
• Form CT-1120SI ES
At the Department of Revenue Services we are proud of the partnerships
we have created with Connecticut businesses. Our efforts continue to be
recognized regionally and nationally for their innovation and user-friendly
approach to tax administration. If you have comments about our service,
or ideas on how we can make improvements, please write or e-mail me
through our Web site, or phone. I look forward to hearing from you.
Sincerely,
Gene Gavin
Commissioner of Revenue Services
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