Form Ct-1065 - Connecticut Partnership Income Tax Return And Instructions - 2003 Page 5

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other place in Connecticut where its affairs
Who Must File Form CT-1065
are systematically and regularly carried on; or
A partnership, including a limited liability partnership and
•
Activities in connection with the business are
a limited liability company (LLC) treated as a partnership
conducted in Connecticut with a fair measure
for federal purposes, must file Form CT-1065,
of permanency and continuity for livelihood or
Connecticut Partnership Income Tax Return, if it:
profit, as distinguished from isolated or
•
Is required to file a federal Form 1065, U.S.
incidental transactions.
Partnership Return of Income; and
•
Has any income, gain, loss, or deduction derived
When to File Form CT-1065
from or connected with Connecticut sources.
Form CT-1065 is due no later than the fifteenth day of
Income derived from or connected with Connecticut
the fourth month following the close of the taxable period
sources includes income, gain, loss, or deduction
(April 15 for calendar year filers). If the due date falls on
attributable to:
a Saturday, Sunday, or legal holiday, the next business
•
The ownership or disposition of any interest in
day is the due date. The return will meet the timely filed
real property or tangible personal property
and timely payment rules if the U.S. Postal Service
located in Connecticut;
cancellation date, or the date recorded or marked by a
designated private delivery service (PDS) using a
•
The ownership of any intangible personal
designated type of service, is on or before the due date.
property to the extent it is used in a business,
Not all services provided by these designated PDSs qualify.
trade, profession, or occupation carried on in
Connecticut; or
The following are the designated PDSs and designated
types of service at the time of publication:
•
A business, trade, profession, or occupation
carried on in Connecticut.
Airborne Express
DHL Worldwide Express
A partnership has income, gain, loss, or deduction from
(Airborne)
(DHL)
sources in Connecticut if it is a partner in a partnership
• Overnight Air Express Service
• DHL “Same Day” Service
which itself has income, gain, loss, or deduction derived
• Next Afternoon Service
• DHL USA Overnight
from Connecticut sources. This flow-through of
• Second Day Service
income, gain, loss, or deduction extends through all
Federal Express
United Parcel Service
layers of partnerships.
(FedEx)
(UPS)
• FedEx Priority Over night
• UPS Next Day Air
A partnership carries on a business, trade,
• FedEx Standard Overnight
• UPS Next Day Air Saver
profession, or occupation within Connecticut if:
• FedEx 2Day
• UPS 2nd Day Air
• FedEx International Priority
• UPS 2nd Day Air A.M.
•
It has or operates an office, shop, store,
• FedEx International First
• UPS Worldwide Express Plus
warehouse, factory, agency, desk space, or
• UPS Worldwide Express
Example:
Illustration:
X, a partnership having items of income, gain, loss, or deduction derived
from Connecticut sources, has 3 partners: Q, a resident individual; R, a
nonresident individual; and S, a partnership.
Partnership
Partner S has two resident individual partners, T and U, and one nonresident
individual partner, V.
X must do the following for Connecticut income tax purposes:
• File Form CT-1065.
• Provide all partners with Form CT-1065, Schedule D.
• Provide partner R with Form CT-1065, Schedule E.
resident
nonresident
partnership
• Provide partner S, a pass-through entity with a nonresident partner,
individual
with Form CT-1065, Schedule E.
Partner S has no income other than its distributive share of X's income, gain,
loss, or deduction.
S must do the following for Connecticut income tax purposes:
• File Form CT-1065.
resident
resident
nonresident
• Provide all partners with a schedule of their distributive shares of S's
individual
individual
individual
Connecticut modifications from Form CT-1065, Schedule D, provided
to S by Partnership X.
• Provide its nonresident partner, V, with a schedule of V's distributive
This partner needs to know
share of S's income, gain, loss, or deduction from Connecticut sources
what the Connecticut sourced
from Form CT-1065, Schedule E, provided to S by Partnership X.
income was from X.
Page 5

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