Instructions For Form Ct-1040es - Estimated Connecticut Income Tax Payment Coupon For Individuals - 2013 Page 2

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Line 11: Enter estimated allowable Connecticut income tax credit(s). Enter
Do not enter a number that is less than zero or greater than 1. If the
“0” if you are not entitled to a credit. (Credit for a prior year alternative
result is less than zero, enter “0”; if greater than 1 enter 1.0000. Round
to four decimal places.
minimum tax is not allowed if you entered an amount on Line 9.) See
instructions for Schedule CT-IT Credit, Income Tax Credit Summary.
Line 7: Residents and Part-Year Residents Only: Enter estimated
Line 14: If your 2012 Connecticut income tax return covered a
allowable credit for income taxes paid to qualifying jurisdictions.
12-month period, enter 100% of the income tax shown on your
Enter “0,” if not applicable. See instructions for Schedule 2 - Credit
for Income Taxes Paid to Qualifying Jurisdictions of Form CT-1040 or
return (from Form CT-1040, Line 14, or Form CT-1040NR/PY,
Line 16). If you were a resident during the 2012 taxable year and you
Form CT-1040NR/PY.
did not fi le a 2012 Connecticut income tax return because you had no
Line 9: If you expect to owe federal alternative minimum tax for the
Connecticut income tax liability, enter “0.” If you were a nonresident
2013 taxable year, you may also owe Connecticut alternative minimum
or part-year resident during the 2012 taxable year with Connecticut-
tax. Enter your estimated Connecticut alternative minimum tax liability.
sourced income and you did not fi le a 2012 Connecticut income tax
See instructions for Form CT-6251, Connecticut Alternative Minimum
return because you had no Connecticut income tax liability, enter “0.”
Tax Return - Individuals.
All other taxpayers must leave Line 14 blank.
2013 Estimated Connecticut Income Tax Worksheet
1. Federal adjusted gross income you expect in the 2013 taxable year (from 2013 federal Form 1040ES, 2013 Estimated
Tax Worksheet, Line 1) ......................................................................................................................................................1. ________________
2. Allowable Connecticut modifi cations: Additions or subtractions (to your AGI), see instructions, Page 1. ......................... 2. ________________
3. Connecticut adjusted gross income: Combine Line 1 and Line 2. ..................................................................................... 3. ________________
Nonresidents and part-year residents: Enter your Connecticut-sourced income if greater than your Connecticut adjusted gross income.
4. Connecticut income tax: Complete the Tax Calculation Schedule below. ......................................................................... 4. ________________
5. Apportionment factor: Connecticut residents enter 1.0000. Nonresidents and part-year residents, see page 1.. ................ 5. ________________
6. Multiply Line 5 by Line 4. ................................................................................................................................................... 6. ________________
7. Credit for income taxes paid to qualifying jurisdictions: See instructions above. ............................................................... 7. ________________
8. Subtract Line 7 from Line 6. ............................................................................................................................................... 8. ________________
9. Estimated Connecticut alternative minimum tax: See instructions above. ........................................................................ 9. ________________
10. Add Line 8 and Line 9. ......................................................................................................................................................10. ________________
11. Estimated allowable credit(s) from Schedule CT-IT Credit: See instructions above. ........................................................ 11. ________________
12. Total estimated income tax: Subtract Line 11 from Line 10. .............................................................................................12. ________________
13. Multiply Line 12 by 90% (66
2
/
% for farmers and fi shermen). ..........................................................................................13. ________________
3
14. Enter 100% of the income tax shown on your 2012 Connecticut income tax return. See instructions above. .................14. ________________
15. Enter the lesser of Line 13 or Line 14. If Line 14 is blank, enter the amount from Line 13.
This is your required annual payment. See caution below. ..........................................................................................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 2012 Connecticut income tax return or 90% of the income tax shown on your 2013 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 2012 Connecticut income tax return.
16. Connecticut income tax withheld or expected to be withheld during the 2013 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. ________________
Tax Calculation Schedule
1. Enter Connecticut AGI from 2013 Estimated Connecticut Income Tax Worksheet, Line 3.
1.
00
2. Enter the exemption amount from Table A, Personal Exemptions. If zero, enter “0.”
2.
00
3. Connecticut Taxable Income: Subtract Line 2 from Line 1. If less than zero, enter “0.”
3.
00
4. Tax Calculation: See Table B, Tax Calculation.
4.
00
5. Enter the phase-out amount from Table C, 3% Phase-Out Add-Back. If zero, enter “0.”
5.
00
6. Enter the recapture amount from Table D, Tax Recapture. If zero, enter “0.”
6.
00
7. Connecticut Income Tax: Add Lines 4, 5, and 6.
7.
00
8. Enter the decimal amount from Table E, Personal Tax Credits. If zero, enter “0.”
8.
.
9. Multiply the amount on Line 7 by the decimal amount on Line 8.
9.
00
10. Connecticut Income Tax: Subtract Line 9 from Line 7. Enter here and on 2013 Estimated
Connecticut Income Tax Worksheet, Line 4.
10.
00
Form CT-1040ES (Rev. 12/12)
Page 2 of 6

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