Instructions For Form Ct-1040 - Connecticut Resident Income Tax

Table B - Tax Calculation for 2012 Taxable Year

Enter the tax calculation amount on the Tax Calculation Schedule, Line 4.

Use the ﬁ ling status shown on the front of your return. This is the initial tax calculation of your tax liability. It does not

include personal tax credits, the 3% phase-out or tax recapture.

Single or Filing Separately

If the amount on line 3 of the Tax Calculation Schedule is:

Less than or equal to: ..................................................... $ 10,000 ............... 3.00%

More than $10,000, but less than or equal to ................. $ 50,000 ............... $300 plus 5.0% of the excess over $10,000

More than $50,000, but less than or equal to ................. $100,000 .............. $2,300 plus 5.5% of the excess over $50,000

More than $100,000, but less than or equal to ............... $200,000 .............. $5,050 plus 6.0% of the excess over $100,000

More than $200,000, but less than or equal to ............... $250,000 .............. $11,050 plus 6.5% of the excess over $200,000

More than $250,000 ..................................................................................... $14,300 plus 6.7% of the excess over $250,000

Single or Filing Separately Examples:

Line 3 is $13,000, Line 4 is $450

Line 3 is $525,000, Line 4 is $32,725

$13,000 - $10,000

$3,000

$525,000 - $250,000

= $275,000

$3,000 X .05

$150

$275,000 x .067

= $18,425

$300 + $150

$450

$14,300 + $18,425

= $32,725

Filing Jointly/Qualifying Widow(er)

If the amount on line 3 of the Tax Calculation Schedule is:

Less than or equal to: ..................................................... $ 20,000 ............... 3.00%

More than $20,000, but less than or equal to ................. $100,000 .............. $600 plus 5.0% of the excess over $20,000

More than $100,000, but less than or equal to ............... $200,000 .............. $4,600 plus 5.5% of the excess over $100,000

More than $200,000, but less than or equal to ............... $400,000 .............. $10,100 plus 6.0% of the excess over $200,000

More than $400,000, but less than or equal to ............... $500,000 .............. $22,100 plus 6.5% of the excess over $400,000

More than $500,000 ..................................................................................... $28,600 plus 6.7% of the excess over $500,000

Filing Jointly/Qualifying Widow(er) Examples:

Line 3 is $1,100,000, Line 4 is $68,800

Line 3 is $22,500, Line 4 is $725

$1,100,000 - $500,000

= $600,000

$22,500 - $20,000

$2,500

$600,000 x .067

= $40,200

$2,500 x .05

$125

$28,600 + $40,200

= $68,800

$600 + $125

$725

Head of Household

If the amount on line 3 of the Tax Calculation Schedule is:

Less than or equal to: ..................................................... $ 16,000 ............... 3.00%

More than $16,000, but less than or equal to ................. $ 80,000 ............... $480 plus 5.0% of the excess over $16,000

More than $80,000, but less than or equal to ................. $160,000 .............. $3,680 plus 5.5% of the excess over $80,000

More than $160,000, but less than or equal to ............... $320,000 .............. $8,080 plus 6.0% of the excess over $160,000

More than $320,000, but less than or equal to ............... $400,000 .............. $17,680 plus 6.5% of the excess over $320,000

More than $400,000 ..................................................................................... $22,880 plus 6.7% of the excess over $400,000

Head of Household Examples:

Line 3 is $20,000, Line 4 is $680

Line 3 is $825,000, Line 4 is $51,355

$20,000 - $16,000

$4,000

$825,000 - $400,000

= $425,000

$4,000 x .05

$200

$425,000 x .067

= $28,475

$480 + $200