Form Ct-1120k - Business Tax Credit Summary

Part I-E

Electronic Data Processing

Carryforward Amount From

2011 Credit Amount

Amount Applied to

Carryforward

Equipment Property Tax Credit

Previous Income Years

Amount to 2012

Claimed

Corporation Tax

Other Taxes

36 Electronic Data Processing Equipment

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Property - Form CT-1120 EDPC

Part II - Tax Credits Applied to the Corporation Business Tax

Combined return ﬁ lers – Do not complete Part II.

Tax Credit Limitation: Enter amount from Form CT-1120, Schedule C, Line 4.

Financial Institutions Credit: Enter amount from Part I-A, Line 1, Column B. Do not exceed amount on Line 1.

Creditable corporation business tax balance: Subtract Line 2 from Line 1.

Tax Credits With Carryback Provisions: Enter amount from Part I-B, Line 4, Column B. Do not exceed amount on Line 3.

Creditable corporation business tax balance: Subtract Line 4 from Line 3.

Tax Credits Without Carryback or Carryforward Provisions: Enter amount from Part I-C, Line 18, Column B.

Do not exceed amount on Line 5.

Creditable corporation business tax balance: Subtract Line 6 from Line 5.

Tax Credits With Carryforward Provisions: Enter amount from Part I-D, Line 35, Column C. Tax credit carryforwards that expire ﬁ rst should be claimed before other

tax credit carryforwards that either expire later or do not expire. Do not exceed amount on Line 7.

Creditable corporation business tax balance: Subtract Line 8 from Line 7.

10 Electronic Data Processing Equipment Property Tax Credit: Enter amount from Part I-E, Line 36, Column C. Tax credit carryforwards that expire ﬁ rst should be

claimed before other tax credit carryforwards that either expire later or do not expire. Do not exceed amount on Line 9.

11 Total Corporation Business Tax Credits Applied: Add Part II, Lines 2, 4, 6, 8, and 10. Enter here and on Form CT-1120, Schedule C, Line 5.

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Do not exceed amount on Line 1.

Part III - Tax Credits Applied to Taxes Other Than the Corporation Business Tax

Name of tax: __________________________ Duplicate Part III as necessary.

Tax: Enter the creditable tax amount from the appropriate tax form. Taxpayers ﬁ ling Form CT-207, Form CT-207F, or Form CT-207HCC must complete Form CT-207K

to claim tax credits.

Tax Credits With Carryback Provisions: Enter amount from Part I-B, Line 4, Column C. Do not exceed amount on Line 1.

Tax balance: Subtract Line 2 from Line 1.

Tax Credits Without Carryback or Carryforward Provisions: Enter amount from Part I-C, Line 18, Column C.

Do not exceed the amount on Line 3.

Tax balance: Subtract Line 4 from Line 3.

Tax Credits With Carryforward Provisions: Enter amount from Part I-D, Line 35, Column D. Do not exceed amount on Line 5.

Tax balance: Subtract Line 6 from Line 5.

Electronic Data Processing Equipment Property Tax Credit: Enter amount from Part I-E, Line 36, Column D.

Do not exceed amount on Line 7.

Total Tax Credits Applied to Taxes Other Than the Corporation Business Tax: Add Part III, Lines 2, 4, 6, and 8.

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