Form Ct-1041es - Estimated Connecticut Income Tax Payment Coupon For Trusts And Estates - 2013 Page 2
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1
2
3Interest is computed separately for each installment. Therefore, you may
How to File and Pay: Visit to use
owe interest for an earlier installment even if you paid enough tax later
the Taxpayer Service Center (TSC) to electronically
to make up for the underpayment. Interest at 1% per month or fraction of
fi le your return and make a direct tax payment or to
a month will be added to the tax due until the earlier of April 15, 2014, or
download and print the return. If you choose, you can
the date on which the underpayment is paid.
mail the completed payment coupon to the address
listed on the coupon.
If you fi le your income tax return for the 2013 taxable year on or before
January 31, 2014, and pay the full amount computed on the return
For More Information: Call the Department of Revenue Services (DRS)
as payable for the taxable year, no interest will be calculated on the
during business hours, Monday through Friday, at 800-382-9463
underpayment of estimated income tax for the fourth required installment.
(Connecticut calls outside the Greater Hartford calling area only) or
This does not apply to taxpayers paying estimated Connecticut income
860-297-5962 (from anywhere). TTY, TDD, and Text Telephone users
taxes as farmers or fi shermen.
only may transmit inquiries anytime by calling 860-297-4911.
2013 Estimated Connecticut Income Tax Worksheet
1. Federal taxable income of trust or estate you expect in 2013 .................................................................................
1.
00
2. Allowable Connecticut fi duciary adjustments: Additions or subtractions, see instructions. .....................................
2.
00
3. Connecticut taxable income: Add Line 1 and Line 2.
Nonresident trusts and estates and part-year resident trusts without any nonresident, noncontingent
benefi ciaries: Enter your income from Connecticut sources if greater than your Connecticut taxable income. ..... 3.
00
4. Connecticut income tax: Multiply Line 3 by 6.7% (.067). .........................................................................................
4.
00
5. Apportionment factor: Connecticut resident trusts and estates, enter 1.0000. Nonresident trusts and estates
.
and part-year resident trusts, see instructions. ........................................................................................................
5.
6. Multiply Line 4 by Line 5. .........................................................................................................................................
6.
00
7. Net credit for income taxes due to qualifying jurisdictions: See instructions. ..........................................................
7.
00
8. Subtract Line 7 from Line 6. . ...................................................................................................................................
8.
00
9. Estimated Connecticut alternative minimum tax: See instructions. .........................................................................
9.
00
10. Add Line 8 and Line 9. ............ ................................................................................................................................ 10.
00
11. Total allowable credits from Schedule CT-IT Credit, Part 1, Line 11: See instructions. ........................................... 11.
00
12. Total estimated income tax: Subtract Line 11 from Line 10. .................................................................................... 12.
00
13. Multiply Line 12 by 90% (0.90). ............................................................................................................................... 13.
00
14. Enter 100% of the income tax shown on your 2012 Connecticut income tax return. See instructions. ..............
.
.... 14.
00
15. Enter the lesser of Line 13 or Line 14. If Line 14 is blank, enter the amount from Line 13.
This is your required annual payment. See caution below. ................................................................................ 15.
00
Caution: Generally, if you do not prepay (through timely estimates or withholding, or both) the lesser of 100% of the income tax shown on your 2012 Connecticut
income tax return or 90% of the income tax shown on your 2013 Connecticut income tax return, you may owe interest. To avoid interest charges, make sure
your estimate is as accurate as possible. You may prefer to pay 100% of the income tax shown on your 2012 Connecticut income tax return.
16. Connecticut income tax withheld or expected to be withheld in 2013: If Line 12 minus Line 16 is $1,000 or less,
no estimated payment is required. .. ........................................................................................................................ 16.
00
17. Subtract Line 16 from Line 15. If the result is zero or less, no estimated payment is required. .............................. 17.
00
.25
18. Installment percentage ......................................................................................................................................... 18.
19. Multiply Line 17 by Line 18. Pay this amount for each installment. ......................................................................... 19.
00
Instructions for Completing Worksheet
Line 2: Enter the total of your estimated allowable Connecticut fi duciary
Line 7: Resident estates, resident trusts, and part-year resident
adjustments. See the Form CT-1041 instruction booklet for information
trusts only: Enter estimated allowable net credit for income taxes due
about allowable adjustments.
and paid to other jurisdictions. Enter “0” if not applicable. See Credit
for Income Taxes Paid to Qualifying Jurisdictions and Worksheet
Line 3: Nonresident trusts and estates and part-year resident trusts
Instructions in the Form CT-1041 instruction booklet.
without any nonresident, noncontingent benefi ciaries: If the trust
Line 9: If the trust or estate expects to owe federal alternative minimum
or estate’s Connecticut-sourced income is greater than the Connecticut
tax in 2013, it may also owe Connecticut alternative minimum tax.
gross taxable income, enter the Connecticut-sourced income on this line.
Enter the estimated Connecticut alternative minimum tax liability. See
Resident or part-year resident inter vivos trusts with nonresident,
instructions for Form CT-1041 Schedule I, Connecticut Alternative
noncontingent benefi ciaries:
Minimum Tax Return Computation of Trusts and Estates.
Resident, Noncontingent
Non-CT-Sourced
CT Taxable
CT-Sourced
(
)
Line 11: Allowable Credits: Enter the estimated allowable credits from
+
Benefi ciaries
Income During
x
=
Income
Income
Schedule CT-IT Credit, Income Tax Credit Summary, Part I, Line 11.
Total Period of
Total Noncontingent
Benefi ciaries
CT Residency
Line 14: If the 2012 Connecticut income tax return covered a 12-month
Line 5: Nonresident trusts and estates and part-year resident trusts
period, enter the amount from the 2012 Form CT-1041, Line 9. If
without any nonresident, noncontingent benefi ciaries: If the trust
the trust or estate was a resident in 2012 and did not fi le a 2012
or estate’s Connecticut-sourced income is less than the Connecticut
Connecticut income tax return because it had no Connecticut income
gross taxable income, complete the calculation below and enter the
tax liability, enter “0.” If the trust or estate was a nonresident or part-year
result on Line 5.
resident in 2012 with Connecticut-sourced income and did not fi le a 2012
Connecticut-Sourced Income
= Line 5
Connecticut income tax return because it had no Connecticut income
Connecticut Taxable Income (Line 3)
tax liability, enter “0.” All other taxpayers must leave Line 14 blank.
Do not enter a number less than zero or greater than 1. If the result is
zero or less, enter “0.” If greater than 1, enter 1.0000. Round to four
decimal places.
Form CT-1041ES (Rev. 01/13)
Page 2 of 3
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