Form Ct-601 - Claim For Ez Wage Tax Credit - 2013 Page 4
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CT-601 (2013)
Schedule D – Application of EZ wage tax credit for the current tax year
(see instructions)
Part 1 – Computation of 50% limitation
24 Current year’s tax
24
.....................................................................................................
(see instructions)
25 Fifty percent limitation
25
..............................................................................................
(see instructions)
Taxpayers claiming wage tax credits in multiple EZs and ZEAs must complete Schedule F.
Part 2 – Computation of tax limitation
26 Current year’s tax
26
.......................................................................................................
(see instructions)
27 Credits claimed before the EZ wage tax credit
27
........................................................
(see instructions)
28 Net tax
28
(subtract line 27 from line 26)
.......................................................................................................
29 Enter appropriate tax:
Article 9 – enter 10
Article 9-A – enter the tax on minimum taxable income or fixed dollar minimum tax
(whichever is greater)
Article 32 – enter the fixed minimum tax of 250
Article 33 – enter 250 ........................................................................................................................
29
30 EZ wage tax credit limitation
30
(subtract line 29 from line 28)
...................................................................
31 EZ wage tax credit limitation for current tax year
31
(enter the lesser of line 25 or line 30 amount)
.............
Part 3 – Computation of EZ wage tax credit used for the current tax year
32 EZ wage tax credit used for current tax year
32
(see instructions)
...........................................................
Part 4 – Computation of EZ wage tax credit carryforward
33 EZ wage tax credit available as carryforward
33
(subtract line 32 from line 23; see instructions)
.................
Schedule E – Computation of refundable EZ wage tax credit
(Article 9, section 185 and Article 9-A only; see instructions)
34 Qualified or new businesses only: EZ wage tax credit available for refund
34
.............
(see instructions)
35 Refund percentage
35
.5
(50%)
....................................................................................................................
36a Qualified or new businesses only: EZ wage tax credit available for refund
36a
(multiply line 34 by line 35)
36b Qualified or new businesses only: EZ wage tax credit on line 36a to be refunded
36b
..
(see instructions)
36c Qualified or new businesses only: EZ wage tax credit on line 36a to be applied as an overpayment
36c
to next year’s tax
(subtract line 36b from 36a) (see instructions)
..........................................................
37 EZ wage tax credit available to be carried forward
37
(subtract line 36a from line 33)
...............................
Schedule F – Computation of 50% limitation for multiple wage tax credit claims
(see instructions)
Part 1 – Computation of 50% limitation
38 Current year’s tax
38
(from line 24)
............................................................................................................
39 Fifty percent limitation
39
(multiply line 38 by 50% (.5))
................................................................................
Part 2 – Unused EZ wage tax credit 50% limitation
B
A
C
Fifty percent limitation
Unused EZ and ZEA wage tax
Amount of EZ and ZEA wage tax credits applied prior to this credit
credit 50% limitation
(from line 39)
Zone name
Amount of credit
(column A amount – column B Total amount used)
Total amount used
40 Unused EZ wage tax credit limitation
40
(subtract column B total from column A; enter here and on line 25)
.......
460004130094
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