Form Ct-1040es - Estimated Connecticut Income Tax Payment Coupon For Individuals - 2012 Page 4
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6Table B - Tax Calculation for 2012 Taxable Year
Use the fi ling status you expect to report on your 2012 tax return. This initial tax calculation does not include personal tax credits,
3% phase-out add-back, or tax recapture.
Single or Filing Separately - If the amount on the Tax Calculation Schedule, Line 3 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 $525,000, Line 4 is $32,725
Line 3 is $13,000, Line 4 is $450
$525,000 - $250,000
=
$275,000
$13,000 - $10,000
=
$3,000
$275,000 x .067
=
$18,425
$3,000 X .05
=
$150
$14,300 + $18,425
=
$32,725
$300 + $150
=
$450
Filing Jointly/Qualifying Widow(er) - If the amount on the Tax Calculation Schedule, Line 3 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 $22,500, Line 4 is $725
Line 3 is $1,100,000, Line 4 is $68,800
$22,500 - $20,000
=
$2,500
$1,100,000 - $500,000
=
$600,000
$2,500 x .05
=
$125
$600,000 x .067
=
$40,200
$600 + $125
=
$725
$28,600 + $40,200
=
$68,800
Head of Household - If the amount on the Tax Calculation Schedule, Line 3 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 $825,000, Line 4 is $51,355
Line 3 is $20,000, Line 4 is $680
$825,000 - $400,000
=
$425,000
$20,000 - $16,000
=
$4,000
$425,000 x .067
=
$28,475
$4,000 x .05
=
$200
$22,880 + $28,475
=
$51,355
$480 + $200
=
$680
Table C - 3% Phase-Out Add-Back
Use the fi ling status you expect to report on your 2012 tax return and your Connecticut AGI * (Tax Calculation Schedule, Line 1)
to determine your phase-out amount.
Filing Jointly or
Single
Filing Separately
Head of Household
Qualifi ed Widow(er)
Connecticut AGI*
Connecticut AGI*
Connecticut AGI*
Connecticut AGI*
3%
3%
3%
3%
More Than Less Than Phase-Out More Than Less Than Phase-Out More Than Less Than Phase-Out More Than Less Than Phase-Out
or Equal To Add-Back
or Equal To Add-Back
or Equal To Add-Back
or Equal To Add-Back
$
0
$ 56,500
$
0
$
0
$100,500
$
0
$
0
$50,250
$
0
$
0
$ 78,500
$
0
$ 56,500
$ 61,500
$ 20
$100,500
$105,500
$ 40
$50,250
$52,750
$ 20
$ 78,500
$ 82,500
$ 32
$ 61,500
$ 66,500
$ 40
$105,500
$110,500
$ 80
$52,750
$55,250
$ 40
$ 82,500
$ 86,500
$ 64
$ 66,500
$ 71,500
$ 60
$110,500
$115,500
$120
$55,250
$57,750
$ 60
$ 86,500
$ 90,500
$ 96
$ 71,500
$ 76,500
$ 80
$115,500
$120,500
$160
$57,750
$60,250
$ 80
$ 90,500
$ 94,500
$128
$ 76,500
$ 81,500
$100
$120,500
$125,500
$200
$60,250
$62,750
$100
$ 94,500
$ 98,500
$160
$ 81,500
$ 86,500
$120
$125,500
$130,500
$240
$62,750
$65,250
$120
$ 98,500
$102,500
$192
$ 86,500
$ 91,500
$140
$130,500
$135,500
$280
$65,250
$67,750
$140
$102,500
$106,500
$224
$ 91,500
$ 96,500
$160
$135,500
$140,500
$320
$67,750
$70,250
$160
$106,500
$110,500
$256
$ 96,500
$101,500
$180
$140,500
$145,500
$360
$70,250
$72,750
$180
$110,500
$114,500
$288
$101,500
and up
$200
$145,500
and up
$400
$72,750
and up
$200
$114,500
and up
$320
* Form CT-1040NR/PY fi lers must use income from Connecticut sources if it exceeds Connecticut adjusted gross income.
Form CT-1040ES (Rev. 1/12)
Page 4 of 6
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