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Page 2 of 4 CT-33-A-I (2001)

Change of address — If your address has changed, please

Line 3 — Compute the combined alternative tax by adding

enter your new address in the appropriate area and check the

together the combined entire net income, before allocation,

box to the right of and above the address so that we can update

from line 46, column C, and the sum of the officers’ and

your address for this tax type. Do not check this box for any

stockholders’ compensation (Form CT-33, line 61) of all the

change of business information other than for your address.

corporations included in the combined report. A $15,000

deduction is allowed against the combined total of entire net

Changes in business information — You must report any

income plus officers’ salaries and stockholders’ compensation.

changes in your business name, ID number, mailing address,

Multiply this remainder by 30% (.3), then multiply the result by

physical address, telephone number, or owner/officer

the combined allocation percentage from line 42. Multiply this

information on Form DTF-95, Business Tax Account Update. If

result by 9% (.09) to determine the tax on this line.

only your address has changed, you may use Form DTF-96,

Report of Address Change for Business Tax Accounts, to

Lines 7, 8, and 9 — Enter the total combined premiums and

correct your address for this and all other tax types. You can get

compute the tax on lines 7, 8, and 9. Determine this amount by

these forms by fax, phone, or from our Web site. See

taking the premiums computed separately on Schedule H of

Need help? on page 4 for the phone number and Web address.

each participant’s individual Form CT-33 and transferring them

to Form CT-33-A, lines 52, 53, and 54, and then computing the

Amended return — If you are filing an amended return, please

combined total of premiums. List the total combined premiums

write Amended return across the top of the front page.

on lines 7, 8, and 9, and compute the additional tax on

premiums on these lines and on line 10.

Reporting period — If you are a calendar-year filer, check the

box in the upper right corner on the front of the form.

Line 12a — Add lines 6, 10, and 11, and enter the result on this

line.

If you are a fiscal-year filer, complete the beginning and ending

tax period boxes in the upper right corner on the front of the

Line 12b — Enter the amount of Empire Zone (EZ) and Zone

form.

Equivalent Area (ZEA) tax credits being claimed on line 68. A

special rule applies to taxpayers claiming EZ and ZEA tax

Employer identification number, file number, and other

credits. EZ and ZEA tax credits must be subtracted from the tax

identifying information — For us to process your corporation

reported on line 12a and may not be deducted from the tax

tax forms, it is important that we have the necessary identifying

reported on line 16.

information. You will find your employer identification number

and file number just above your printed corporation name and

Line 12c — Subtract line 12b from line 12a and enter the result.

address. Keep a record of that information and include it on

The amount after EZ and ZEA tax credits claimed may not

each corporation tax form mailed.

reduce the tax due on line 12c below the combined minimum

tax. If you have a net recapture of the EZ capital tax credit, add

If you use a paid preparer or accounting firm, make sure they

this amount to the total tax on line 12c.

use your complete and accurate identifying information when

completing all forms.

Line 13 — Multiply the amount from line 55, column C, by 2%.

Line 14 — Multiply the amount from line 56, column C by either

Specific instructions

2.4% (.024) or 2.2% (.022) depending upon the beginning date

Line A — Make your payment in United States funds. We will

of the tax return being filed. For calendar-year returns, and

accept a foreign check or foreign money order only if payable

fiscal-year returns with a beginning date before July 1, 2001,

through a United States bank or if marked Payable in U.S.

the rate shall be 2.4%. For fiscal-year returns with a beginning

funds.

date on or after July 1, 2001, the tax rate will decrease to 2.2%.

Whole dollar amounts — You may elect to show amounts in

Line 16 — Enter the lower of the tax determined under

whole dollars rather than in dollars and cents. Round an

section 1505 (line 15), or the taxes determined under sections

amount from 50 cents to 99 cents to the next higher dollar, and

1501 and 1510 (line 12c).

round any amount less than 50 cents to the next lower dollar.

Line 17 — Enter the total amount of tax credits claimed on the

Percentages — When computing allocation percentages,

recap of tax credits summary schedule, line 69. A special rule

convert decimals into percentages by moving the decimal point

applies to taxpayers claiming Empire Zone (EZ) and Zone

two spaces to the right. Carry percentages out to four decimal

Equivalent Area (ZEA) credits. These credits may not be

places. For example:

subtracted from the tax calculated under section 1505.

5,000/7,500 × .6666666 = 66.6667%.

The aggregate amount of tax credits allowed in any tax year to

corporations included in a combined return for their investments

Negative amounts — Show any negative amounts in

in certified capital companies may not exceed $10 million. Such

parentheses.

corporations may claim 10% of their investments, up to $10

Schedule M — Computation of tax and installment

million, in the year the investments are made. They may claim

payments of estimated tax

the remainder over the next nine years.

Line 1 — If the report is for calendar year 2001 or a fiscal year

Line 18 — Subtract line 17 from line 16. Add to this line any net

beginning before July 1, 2001, multiply the entire net income

recaptured CAPCO credits computed on line 140 of

from line 47, column C, by 8.5% (.085). If the report is for a

Form CT-33.

fiscal year beginning on or after July 1, 2001, multiply the entire

net income by 8% (.08).

Instructions For Form Ct-33-A - Insurance Corporation Combined Franchise Tax Return - 2001 Page 2

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