Form Ct-1127 - Application For Extension Of Time For Payment Of Income Tax - Connecticut Department Of Revenue - 2014 Page 2
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2Form CT-1127 Instructions
Purpose: The Commissioner of Revenue Services may grant
DRS will not consider a penalty waiver request unless it is
an extension of time for payment of your Connecticut income
accompanied by a fully completed and properly executed Form
tax and your individual use tax if you can show it will cause you
DRS-PW. For detailed information about the penalty waiver
undue hardship to pay the tax on the date it is due. Form CT-1127
process, see Policy Statement 2014(4), Requests for Waiver
must be fi led with the Commissioner on or before the fi fteenth
of Civil Penalties.
day of the fourth month following the close of your taxable year.
Where the time for payment of Connecticut income tax is
This is April 15 if your taxable year is the calendar year. We will
extended, interest will accrue at 1% per month or fraction of
notify you only if your request is denied.
a month on any balance due from the original due date of the
If the due date falls on a Saturday, Sunday, or legal holiday, the
Connecticut income tax return, determined without regard to any
next business day is the due date.
extension of time to fi le, to the date of actual payment.
Undue hardship means more than mere inconvenience. You
How to Get an Extension of Time to Pay: To request a
must show that you will have substantial fi nancial loss if you
Connecticut extension of time to pay your Connecticut income
pay your tax on the date it is due. (For example, a loss could be
tax, you must complete Form CT-1127 in its entirety.
caused by having to sell property at a sacrifi ce price.) You must
If you are requesting an extension of time to fi le your Connecticut
show you do not have enough cash above necessary working
income tax return, attach Form CT-1127 on top of your request.
capital to pay the tax. In determining cash available, include
If you are not requesting an extension of time to fi le your
anything you can convert into cash and show current market
prices. Also show you are unable to borrow money to pay the tax
Connecticut income tax return, attach Form CT-1127 on top of
except under terms that will cause you severe loss and hardship.
your Connecticut income tax return.
Who May File Form CT-1127: Filers of the following forms may
How to Get an Extension of Time to File
fi le Form CT-1127:
•
File Form CT-1040 EXT if you need additional time to fi le
Form CT-1040 or Form CT-1040NR/PY.
•
Form CT-1040, Connecticut Resident Income Tax Return;
Form CT-1040NR/PY, Connecticut Nonresident and Part-
•
File Form CT-1041 EXT if you need additional time to fi le
•
Year Resident Income Tax Return;
Form CT-1041.
•
File Form CT-1065/CT-1120SI EXT if you need additional
•
Form CT-1041, Connecticut Income Tax Return for Estates
and Trusts; and
time to fi le Form CT-1065/CT-1120SI.
You may fi le these forms online at
•
Form CT-1065/CT-1120SI, Connecticut Composite Income
Tax Return.
Signature: You must sign this form. If you are fi ling a joint return,
Limitation: As a general rule, an extension of time to pay any
both you and your spouse must sign.
part of income tax shown on a return is limited to six months
Others Who Can Sign for You: Anyone with a signed Power
from the date that payment is due.
of Attorney may sign on your behalf.
Security: Security satisfactory to the Commissioner may be
If a taxpayer is unable by reason of illness, absence, or other
required as a condition for granting an extension. This is to
good cause to sign a request for an extension, any person
assure that the risk of loss to the State of Connecticut will be
standing in a close personal or business relationship (including
no greater at the end of the extension period than it was at the
attorneys, accountants, and enrolled agents) to the taxpayer
beginning. The determination of the type of security, if any is
may sign the request on his or her behalf and is considered as
required, will depend on the circumstances in each case. You
a duly authorized agent for this purpose provided the request
will be contacted by the Department of Revenue Services (DRS)
states the reasons for signature other than by the taxpayer and
if any security is required.
the relationship existing between the taxpayer and the signer.
Interest and Penalty: If the extension of time for payment is
Paid Preparer’s Signature: Anyone you pay to prepare your
approved, no penalty will be assessed if the tax due is paid on
return must sign and date it. Paid preparers must also enter
or before the end of the extension period. If the extension of
their SSN or Personal Tax Identifi cation Number (PTIN) and
time for payment is not granted or the tax due is not paid on or
their fi rm’s Federal Employer Identifi cation Number (FEIN) in
before the end of the extension period, a penalty of 10% of the
the spaces provided.
amount of tax underpaid will be applied. In either case, a billing
For More Information: Call DRS during business hours, Monday
statement will be issued to you.
through Friday:
If after the extension period you are subject to a penalty that you
800-382-9463 (Connecticut call outside Greater Hartford
believe was unjustly assessed, you may request a penalty waiver.
•
calling area); or
To make a penalty waiver request, taxpayers must complete
Form DRS-PW, Request for Waiver of Civil Penalty. Taxpayers
•
860-297-5962 (from anywhere).
may mail Form DRS-PW to the address listed below or fax it to
TTY, TDD, and Text Telephone users only may transmit
the Operations Bureau/Penalty Waiver at 860-297-5727.
inquiries anytime by calling 860-297-4911.
Department of Revenue Services
Operations Bureau/Penalty Waiver
PO Box 5089
Hartford CT 06102-5089
Form CT-1127 Back (Rev. 12/14)
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