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

Partners That Are Flow-Through Entities:

This list is subject to change. See Policy Statement

2002(4), Designated Private Delivery Services and

If the partner is a flow-through entity (such as another

Designated Types of Service.

partnership, LLC treated as a partnership for federal

purposes, or an S corporation), the partnership must

If a partnership is terminated, completely liquidated, or

provide the flow-through entity with a schedule of the

has changed its accounting method during its normal

amounts of Connecticut modifications. These amounts

taxable year, resulting in an accounting period of less than

will be reported by the flow-through entity's members

12 months, the return is due on or before the fifteenth

as follows:

day of the fourth month after the end of the accounting

period.

•

The flow-through entity's members who

are individuals must include these amounts

on their Form CT-1040, Schedule 1, or

How do Partners Report Their Income

Form CT 1040NR/PY, Schedule 1.

Resident Partners:

•

The flow-through entity's members which are

If the partner is an individual, his or her distributive

trusts or estates must include these amounts

share of partnership income or loss is included in his or

on their Form CT-1041, Schedule A.

her federal adjusted gross income and is, therefore,

The partnership must also provide the flow-through entity

includable in the federal adjusted gross income reported

with a schedule of amounts of partnership income or

on the partner's Form CT-1040, Connecticut Resident

loss derived from or connected with sources within

Income Tax Return. The partnership must provide the

Connecticut. These amounts will be reported by the

partner with a schedule of the amounts of Connecticut

flow-through entity's nonresident members as follows:

modifications that the partner must include on his or her

Form CT-1040, Schedule 1.

•

The flow-through entity's members who are

nonresident individuals must include these

If the partner is a trust or estate, its distributive share

amounts on their Form CT-1040NR/PY,

of partnership income or loss is included in its federal

Schedule CT-SI.

taxable income and is, therefore, includable in the federal

•

The flow-through entity's members which are

taxable income reported on the partner's Form CT-1041,

nonresident trusts or estates must include these

Connecticut Income Tax Return for Trusts and Estates.

amounts on their Form CT-1041, Schedule

The partnership must provide the partner with a schedule

CT-1041FA.

of the amounts of Connecticut modifications that the

partner must include on its Form CT-1041, Schedule A.

Partners That Are C Corporations:

Nonresident Partners:

If the partner is a C corporation, the partner may be

required to file Form CT-1120, Corporation Business

If the partner is an individual, his or her distributive

Tax Return.

share of partnership income or loss is included in his or

her federal adjusted gross income and is, therefore,

includable in the federal adjusted gross income reported

Group Returns for Nonresident

on the partner's Form CT-1040NR/PY, Connecticut

Individual Partners

Nonresident or Part-Year Resident Income Tax Return.

The partnership must provide the partner with a schedule

Partnerships with ten or more qualified electing

of the amounts of Connecticut modifications that the

nonresident individual partners may file a group return

partner must include on his or her Form CT-1040NR/PY,

on Form CT-G, Connecticut Group Income Tax Return.

Schedule 1. The partnership must also provide the partner

All qualified electing nonresident individual partners

with a schedule of amounts of partnership income or

must have the same taxable year.

loss derived from or connected with sources within

A qualified electing nonresident partner is one who

Connecticut for inclusion on the partner's

meets all of the following conditions:

Form CT-1040NR/PY, Schedule CT-SI.

•

The partner was a nonresident individual for

If the partner is a trust or estate, its distributive share

the entire taxable year;

of partnership income or loss is included in its federal

taxable income and is, therefore, includable in the federal

•

The partner did not maintain a permanent place

taxable income reported on the partner's Form CT-1041.

of abode in Connecticut at any time during the

The partnership must provide the partner with a schedule

taxable year;

of the amounts of Connecticut modifications that the

•

The partner (or his or her spouse if a joint

partner must include on its Form CT-1041, Schedule A.

federal income tax return is or will be filed) did

The partnership must also provide the partner with a

not have income derived from or connected

schedule of amounts of partnership income or loss

with sources within Connecticut other than the

derived from or connected with sources within

partner’s distributive share of partnership

Connecticut for inclusion on the partner's

income derived from or connected with

Form CT-1041, Schedule CT-1041FA.

sources within Connecticut;

Page 6

Form Ct-1065 - Connecticut Partnership Income Tax Return And Instructions - 2003 Page 6

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