Form Ct 1040es - Estimated Connecticut Income Tax Payment - 2005

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2005 ESTIMATED CONNECTICUT INCOME TAX WORKSHEET

1.

Federal adjusted gross income you expect in the 2005 taxable year (From 2005 federal Form 1040ES,

2005 Estimated Tax Worksheet, Line 1) ............................................................................................................................................ 1. ___________________

2.

Allowable Connecticut modifications (Additions or subtractions, see instructions) ....................................................................... 2. ___________________

3.

Connecticut adjusted gross income (Combine Line 1 and Line 2) ................................................................................................... 3. ___________________

Nonresidents and Part-Year Residents: Enter Connecticut source income if greater than Connecticut adjusted gross income.

4.

Connecticut income tax (Complete Tax Calculation Schedule – see last page of tax booklet. Single filers, see instructions) 4. ___________________

5.

Apportionment factor (Connecticut residents enter 1.0000. Nonresidents and part-year residents, see instructions.) ... 5. ___________________

6.

Multiply Line 5 by Line 4 ..................................................................................................................................................................... 6. ___________________

7.

Credit for income taxes paid to qualifying jurisdictions (See instructions) ...................................................................................... 7. ___________________

8.

Subtract Line 7 from Line 6 ............................................................................................................................................................... 8. ___________________

9.

Estimated Connecticut Alternative Minimum Tax (See instructions) ................................................................................................. 9. ___________________

10.

Add Line 8 and Line 9 ...................................................................................................................................................................... 10. ___________________

11.

Adjusted Net Connecticut Minimum Tax Credit (See instructions) .................................................................................................. 11. ___________________

12.

Total estimated income tax (Subtract Line 11 from Line 10) ........................................................................................................... 12. ___________________

13.

Multiply Line 12 by 90% (66

2

/

% for farmers and fishermen) ........................................................................................................ 13. ___________________

3

14.

Enter 100% of the income tax shown on your 2004 Connecticut income tax return (See instructions) ..................................... 14. ___________________

15.

Enter the lesser of Line 13 or Line 14. (If Line 14 is blank, enter amount from Line 13.) This is your required annual payment ..... 15. ___________________

Caution: Generally, you may owe interest if you do not prepay (through timely estimates, withholding, or both) the lesser of 100% of the income tax shown on

your 2004 Connecticut income tax return, or 90% of the income tax shown on your 2005 Connecticut income tax return. To avoid interest charges, make sure your

estimate is as accurate as possible. You may prefer to pay 100% of the income tax shown on your 2004 Connecticut income tax return.

16.

Connecticut income tax withheld or expected to be withheld during the 2005 taxable year ........................................................ 16. ___________________

17.

Subtract Line 16 from Line 15. If zero or less, or if Line 12 minus Line 16 is less than $1,000, no estimated payment is required 17. ___________________

.25

18.

Installment amount ............................................................................................................................................................................ 18. ___________________

19.

Multiply Line 17 by Line 18. Pay this amount for each installment ................................................................................................. 19. ___________________

SINGLE FILERS ONLY - TABLE A

SINGLE FILERS ONLY - TABLE C

PERSONAL EXEMPTIONS FOR 2005 TAXABLE YEAR

PERSONAL TAX CREDITS FOR 2005 TAXABLE YEAR

CONNECTICUT AGI

CONNECTICUT AGI

CONNECTICUT AGI

DECIMAL

DECIMAL

EXEMPTION

More Than

Less Than

More Than

Less Than

More Than

Less Than

AMOUNT

AMOUNT

Or Equal To

Or Equal To

Or Equal To

$27,100

$27,600

.13

$

0

$25,500

$ 12,750

$12,750

$15,900

.75

$27,600

$28,100

.12

$25,500

$26,500

$ 11,750

$15,900

$16,400

.70

$28,100

$28,600

.11

$26,500

$27,500

$ 10,750

$16,400

$16,900

.65

$28,600

$51,000

.10

$27,500

$28,500

$ 9,750

$16,900

$17,400

.60

$51,000

$51,500

.09

$17,400

$17,900

.55

$28,500

$29,500

$ 8,750

$51,500

$52,000

.08

$17,900

$18,400

.50

$29,500

$30,500

$ 7,750

$52,000

$52,500

.07

$30,500

$31,500

$ 6,750

$18,400

$18,900

.45

$52,500

$53,000

.06

$31,500

$32,500

$ 5,750

$18,900

$19,400

.40

$53,000

$53,500

.05

$32,500

$33,500

$ 4,750

$19,400

$21,300

.35

$53,500

$54,000

.04

$33,500

$34,500

$ 3,750

$21,300

$21,800

.30

$54,000

$54,500

.03

$34,500

$35,500

$ 2,750

$21,800

$22,300

.25

$54,500

$55,000

.02

$22,300

$22,800

.20

$35,500

$36,500

$ 1,750

$55,000

$55,500

.01

$22,800

$26,600

.15

$36,500

$37,500

$

750

$55,500

and up

.00

$26,600

$27,100

.14

$37,500

and up

$

0

COMPLETING THE PAYMENT COUPON

Complete all required taxpayer identification information. Enter the payment amount on Line 1 of the coupon. In determining your payment amount,

you may subtract from your installment amount any available overpayment of 2004 income tax. If you file this coupon, preprinted personalized

coupons will be mailed to you for the 2005 taxable year.

.................................................................................................. Cut Here ............................................................................................

cut here

cut here

2005

CT-1040ES

ESTIMATED CONNECTICUT INCOME TAX PAYMENT

Your Social Security Number

Spouse’s Social Security Number

Due Date

Your First Name and Middle Initial

Last Name

00

1. Payment Amount

Spouse’s First Name and Middle Initial

Last Name

Home Address (number and street), Apartment Number, PO Box

Send completed coupon and payment to:

City, Town, or Post Office

State

ZIP Code

Department of Revenue Services

• Do not file coupon if no payment is due or if you pay by credit card.

PO Box 2932

• Print all information. Include your spouse’s Social Security Number, if filing jointly.

Hartford CT 06104-2932

• Make your check or money order payable to: “Commissioner of Revenue Services.”

• Do not send cash.

• Cut along dotted line and mail coupon and payment to the address printed on the coupon.

• To ensure proper posting, write your SSN(s) and “2005 Form CT-1040ES” on your check or money order.

Form CT-1040ES Back (Rev. 12/04)