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Part III

Tax Computation Using Maximum Capital Gains Rates

32. Enter the amount from Part I, Line 10. If you ﬁ led federal Form 2555 or federal Form 2555-EZ for 2013,

enter the amount from Line 3 of the Connecticut Foreign Earned Income Tax Worksheet on Page 4. .............. 32.

33. Enter the amount from 2014 federal Form 8801, Line 28. .................................................................................. 33.

34. Enter the amount from 2014 federal Form 8801, Line 29. .................................................................................. 34.

35. Enter the amount from 2014 federal Form 8801, Line 30. .................................................................................. 35.

36. Enter the smaller of Line 32 or Line 35. .............................................................................................................. 36.

37. Subtract Line 36 from Line 32. ............................................................................................................................ 37.

38. If Line 37 is $179,500 or less ($89,750 or less, if ﬁ ling separately for 2013), multiply

Line 37 by 26% (.26). Otherwise, multiply Line 37 by 28% (.28) and subtract $3,590

($1,795, if ﬁ ling separately for 2013) from the result. If you ﬁ led federal Form 1040NR,

for 2013 follow the federal instructions to calculate this amount. ....................................................................... 38.

39. Enter: $72,500 if ﬁ ling jointly or qualifying widow(er) for 2013;

$36,250 if single or ﬁ ling separately for 2013;

$48,600 if head of household for 2013; or

$2,450 for a trust or estate.

If you ﬁ led federal Form 1040NR for 2013, follow the federal instructions

to calculate this amount. ..................................................................................................................................... 39.

40. Enter the amount from 2014 federal Form 8801, Line 35. .................................................................................. 40.

41. Subtract Line 40 from Line 39. If zero or less, enter “0.” ................................................................................... 41.

42. Enter the smaller of Line 32 or Line 33. .............................................................................................................. 42.

43. Enter the smaller of Line 41 or Line 42. .............................................................................................................. 43.

44. Subtract Line 43 from Line 42. ............................................................................................................................ 44.

45. Enter the amount from 2014 federal Form 8801, Line 40. ................................................................................... 45.

46. Enter the amount from Line 41. ........................................................................................................................... 46.

47. Enter the amount from 2014 federal Form 8801, Line 42. ................................................................................... 47.

48. Add Lines 46 and 47. ........................................................................................................................................... 48.

49. Subtract Line 48 from Line 45. If zero or less, enter -0-. ..................................................................................... 49.

50 Enter the smaller of Line 44 or Line 49. ............................................................................................................... 50.

51. Multiply Line 50 by 15% (.15). ............................................................................................................................. 51.

52. Add Lines 43 and 50. .......................................................................................................................................... 52.

If Lines 52 and 32 are the same, skip Lines 53 through 57 and go to Line 58. Otherwise, go to Line 53.

53. Subtract Line 52 from Line 42. ............................................................................................................................. 53.

54. Multiply Line 53 by 20% (.20)............................................................................................................................... 54.

If Line 34 is zero or blank, skip Lines 55 through 57 and go to Line 58. Otherwise, go to Line 55.

55. Add Lines 37, 52, and 53. .................................................................................................................................... 55.

56. Subtract Line 55 from Line 32. ............................................................................................................................. 56.

57. Multiply Line 56 by 25% (.25)............................................................................................................................... 57.

58. Add Lines 38, 51, 54, and 57. .............................................................................................................................. 58.

59. If Line 32 is $179,500 or less ($89,750 or less, if ﬁ ling separately for 2013), multiply Line 32 by 26% (.26).

Otherwise, multiply Line 32 by 28% (.28) and subtract $3,590 ($1,795, if ﬁ ling separately for 2013) from

the result. If you ﬁ led federal Form 1040NR for 2013, follow the federal instructions to calculate this amount. .... 59.

60. Enter the smaller of Line 58 or Line 59 here and on Part I, Line 11. If you ﬁ led federal Form 2555 or

Form 2555-EZ for 2013, do not enter this amount on Line 11. Instead, enter this amount on Line 4 of the

Connecticut Foreign Earned Income Tax Worksheet on Page 4. ....................................................................... 60.

Page 3 of 5

Form CT-8801 (Rev. 01/15)

Form Ct-8801 - Credit For Prior Year Connecticut Minimum Tax For Individuals, Trusts, And Estates - 2014 Page 3

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