Form Ct K-1t - Transmittal Of Schedule Ct K-1, Member'S Share Of Certain Connecticut Items - 2013 Page 2

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Form CT K-1T
Instructions
Complete this form in blue or black ink only.
Part IV - Summary of Income Tax Credits
Form CT K-1T, Transmittal of Schedule CT K-1, Member’s
Lines 1 through 4: Enter the total amount from all
Share of Certain Connecticut Items, must be fi led with the
Schedule CT K-1s, Part IV, Column A, Lines 1 through 4,
Department of Revenue Services (DRS) when a PE issues
allocated to members for each respective credit. The amounts
one or more Schedule CT K-1, Member’s share of Certain
should equal the amounts reported on Form CT-1065/
Connecticut Items. Copies of all Schedule CT K-1s being fi led
CT-1120SI, Part VII, Totals for All Members column.
must be attached to Form CT K-1T.
Penalty
Form CT K-1T and all attached Schedule CT K-1’s must
A penalty of $5 per schedule (up to a total of $2,000 per
show the same tax year and the PE’s Federal Employer
calendar year) will be imposed for failure to provide a copy of
Identifi cation Number (FEIN).
Schedule CT-K1 to DRS unless the failure is due to reasonable
Electronically Filed Forms and Schedules
cause and not to willful neglect.
If Form CT-1065/CT-1120SI, Connecticut Composite
Income Tax Return, was electronically fi led, you are not
Signature
required to fi le Form CT K-1T and paper copies of Schedule
Form CT K-1T should be signed by a general partner
CT K-1 with DRS. However, Schedule CT K-1 is still required
or corporate offi cer. Include title and provide a contact
to be issued to the members.
telephone number.
Do not send payment with this form.
When to File
Specifi c Instructions
Form CT K-1T and Schedule CT K-1s must be submitted
on or before the fi fteenth day of the fourth month following
Pass-Through Entity Information
the close of the taxable year (April 15 if the PE’s taxable
Complete the pass-through entity information section,
year for federal income tax purposes is the calendar year).
including the entity’s FEIN and Connecticut Tax Registration
If the PE requested an extension of time to fi le Form
Number (TID).
CT-1065/CT-1120SI by timely fi ling Form CT-1065/
CT-1120SI EXT, Application for Extension of Time to File
Part I - Schedule CT K-1 Submitted
Connecticut Composite Income Tax Return, the deadline
Enter the total number of Schedule CT K-1s submitted.
is automatically extended to the fi fteenth day of the ninth
month following the close of the taxable year (September 15
Part II - Number of Members
if the PE’s taxable year for federal income tax purposes is
the calendar year).
Enter the total number of resident, nonresident, and corporate
members in Column A.
Where to File
Enter the total ownership percentage for each member type
Attach copies of all Schedule CT K-1s issued to Form
in Column B. The total of all members’ ownership percentage
CT K-1T and mail to:
should equal to 1.0000.
Department of Revenue Services
Part III - Summary of Schedule CT K-1 Information
State of Connecticut
PO Box 150420
Line 1: Enter the total Connecticut-sourced income for
Hartford CT 06115 - 0420
all nonresident noncorporate individuals, trust and estate
members.
Line 2: Enter the total Connecticut-sourced income for all
pass-through entity members.
Line 3: Enter the amount reported from Form CT-1065/
CT-1120SI, Part I, Schedule A, Line 1.
Line 4: Enter the tax liability amount reported on Form CT-1065/
CT-1120SI, Part I, Schedule A, Line 4.
Form CT K-1T Back (Rev. 12/13)

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