Form Ct-1065 - Connecticut Partnership Income Tax Return And Instructions

Line 8 - Business Apportionment Fraction

Mailing the Return

Retain a copy of this return for the partnership records.

Divide the amount on Line 7 by three (or by the actual

Attach copies of any required schedules and forms to

number of fractions if fewer than three). Carry the result

this return. Attach the entire federal Form 1065. Do

to four decimal places and enter the result on Line 8,

not include Schedules K-1.

Column C.

Schedule C - Partner Information

Signature

Complete this part for all persons who were partners of

Form CT-1065 must be signed by a general partner and

the partnership for any part of the taxable year.

a phone number must be provided.

Identification Number means either Federal Employer

Identification Number or Social Security Number,

Paid Preparer Signature

whichever is applicable. In the profit % column enter

each partner’s profit percentage from federal Form

Anyone you pay to prepare the return must sign and

1065, Schedule K-1. The status of each partner is

date it. Paid preparers must also enter their Social

determined at the end of the partnership's taxable year

Security Number (SSN) or Preparer Tax Identification

or at the date the partner leaves the partnership. Number

Number (PTIN), their firm's Federal Employer

each partner sequentially. List the partners in the

Identification Number, and their firm's address and

following order:

telephone number in the spaces provided.

•

Partners that are nonresident individuals, trusts,

or estates;

Paid Preparer Authorization

•

Partners that are resident individuals, trusts, or

If the partnership wishes to authorize DRS to contact

estates;

the paid preparer who signed the 2003 tax return to

•

Partners that are partnerships, LLCs that are

discuss it, check the “Yes” box in the signature area of

treated as partnerships for federal purposes, or

the return. This authorization applies only to the

S corporations; and

individual whose signature appears in the Paid Preparer's

Signature section of the return. It does not apply to the

•

Partners that are neither individuals, trusts,

firm, if any, shown in that section.

estates, partnerships, nor S corporations.

If the “Yes” box is checked, the partnership is

Each partner must be assigned the same “Partner #”

authorizing DRS to call the paid preparer to answer any

for Schedules C, D, and E.

questions that may arise during the processing of the

2003 Partnership Income Tax Return. The partnership

Example: If Mary K. Jones is identified as Partner #1

is also authorizing the paid preparer to:

in Schedule C, Mary K. Jones must also be

identified as Partner #1 in Schedules D and E. If

•

Give DRS any information that is missing from

Mary K. Jones is a resident individual, no

the return;

information is entered in Schedule E with respect

•

Call DRS for information about the processing

to her. Therefore, no entry would be made in

of the partnership's return or the status of the

Schedule E with respect to a person identified as

partnership's refund or payment; and

Partner #1.

•

Respond to certain DRS notices that the

partnership may have shared with the preparer

If there are more than three partners, attach additional

regarding math errors, offsets, and return

sheets in the same format as Schedules C, D, and E of

preparation. The notices will not be sent to the

this return.

preparer.

The partnership is not authorizing the paid preparer to

Schedule D - Partners' Share of

receive any refund check, bind the partnership to

Connecticut Modifications

anything (including additional tax liability), or otherwise

represent the partnership before DRS. The authorization

If the partnership had Connecticut modifications to

cannot be revoked. However, the authorization will

federal income, complete Schedule D for all persons

automatically end no later than the due date (without

who were partners (other than partners that are

regard to extensions) for filing the 2004 Partnership

C corporations) during any part of the taxable year.

Income Tax Return. This is on or before the fifteenth

Amounts reported on Line 1 through Line 8 for

day of the fourth month following the close of the taxable

nonresident partners are calculated by multiplying the

period.

amount of each nonresident partner's distributive share

of each modification by the apportionment fraction on

Form CT-1065, Schedule B, Line 8.

Page 11

Form Ct-1065 - Connecticut Partnership Income Tax Return And Instructions - 2003 Page 11

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