Instructions For Form Ct-1040 - Connecticut Resident Income Tax

Maximum Credit Allowed

individual sells a motor vehicle and purchases a replacement

motor vehicle during the taxable year and only owns one

The maximum credit allowed (on your primary residence, motor

motor vehicle at any time during the taxable year. Individuals

vehicle, or both) is $300 per return regardless of ﬁ ling status.

whose ﬁ ling status is ﬁ ling jointly or qualifying widow(er)

This maximum property tax credit cannot exceed the amount

with dependent child are limited to the property taxes paid

of qualifying property taxes paid or the amount of tax entered

on two motor vehicles.

on Form CT-1040, Line 10, and is phased out depending

upon your Connecticut adjusted gross income. To be allowed

Schedule 3 – Line Instructions

this credit, you must complete Schedule 3 in its entirety and

attach it to your return.

Name of Connecticut Tax Town or District

Enter the Connecticut town or taxing district to which the

Motor Vehicle Credit Restrictions

qualifying property tax was paid.

The number of motor vehicles eligible for this credit depends

on your ﬁ ling status as shown on the front of your Connecticut

Description of Property

income tax return. Any individual whose ﬁ ling status is

Enter the description of the property. If a primary residence,

single, ﬁ ling separately, or head of household is limited

enter the street address. If a motor vehicle, enter the year,

to the property tax paid on one motor vehicle even if the

make, and model.

Property Tax Credit Table

Enter the amount from Form CT-1040, Schedule 3 - Property Tax Credit, Line 65, on Line 68 and Line 11, if your ﬁ ling status is:

Single and your Connecticut AGI is ................................................................................................................. $56,500 or less

Filing jointly or qualifying widow(er) and your Connecticut AGI is .......................................................... $100,500 or less

Filing separately and your Connecticut AGI is ............................................................................................... $50,250 or less

Head of household and your Connecticut AGI is ........................................................................................... $78,500 or less

Otherwise, enter the decimal amount from the Property Tax Credit Table below on Form CT-1040, Schedule 3, Line 66.

Use your ﬁ ling status on the front of your tax return and your Connecticut AGI - Form CT-1040, Line 5.

Filing Jointly or Qualifying Widow(er)

Single

If you are ﬁ ling jointly for federal and Connecticut, ﬁ ling

If you are single and your Connecticut AGI is:

jointly for Connecticut only, or qualifying widow(er) and

your Connecticut AGI is:

Less Than

Decimal

Less Than

Decimal

Than

or Equal To

Amount

Than

or Equal To

Amount

$ 0

$100,500

$ 0

$56,500

$66,500

.15

$100,500

$110,500

.15

$110,500

$120,500

.30

$66,500

$76,500

.30

$120,500

$130,500

.45

$76,500

$86,500

.45

$130,500

$140,500

.60

$86,500

$96,500

.60

$140,500

$150,500

.75

$96,500

$106,500

.75

$150,500

$160,500

.90

$106,500

$116,500

.90

$160,500

and up

1.00

$116,500

and up

1.00

Filing Separately

Head of Household

If you are ﬁ ling separately for federal and Connecticut or

If you are head of household and your Connecticut AGI is:

ﬁ ling separately for Connecticut only and your Connecticut

AGI is:

Less Than

Decimal

Less Than

Decimal

Than

or Equal To

Amount

Than

or Equal To

Amount

$ 0

$50,250

$ 0

$78,500

$50,250

$55,250

.15

$78,500

$88,500

.15

$55,250

$60,250

.30

$88,500

$98,500

.30

$60,250

$65,250

.45

$98,500

$108,500

.45

$65,250

$70,250

.60

$108,500

$118,500

.60

$70,250

$75,250

.75

$118,500

$128,500

.75

$75,250

$80,250

.90

$128,500

$138,500

.90

$80,250

and up

1.00

$138,500

and up

1.00

Page 30

Instructions For Form Ct-1040 - Connecticut Resident Income Tax - 2011 Page 30

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