Form Ct-1120u - Unitary Corporation Business Tax Return Instructions (Page 2 of 7) in pdf

When to File Form CT-1120U

Pay by Credit Card or Debit Card: You may elect to pay your

Every corporation must file a return on or before the first day of the

tax liability using a credit card (American Express®, Discover®,

MasterCard®, or VISA®) or comparable debit card.

month following the due date of the company’s corresponding federal

income tax return for the income year (April 1 for calendar year

A convenience fee will be charged by the service provider. You will

taxpayers). In the case of any company that is not required to file a

be informed of the amount of the fee and you may elect to cancel the

transaction. At the end of the transaction you will be given a confirmation

federal income tax return for the income year, the Connecticut unitary

corporation business tax return is due on or before the first day of

number for your records.

the fourth month following the end of the income year. If the due

There are three ways to pay by credit card:

date falls on a Saturday, Sunday, or legal holiday, the next business

• Log in to your account in the TSC and select Make Payment by

day is the due date. The return will meet the timely filed and timely

Credit Card;

payment rules if the U.S. Postal Service cancellation date, or the

• Visit: and select State Payments; or

date recorded or marked by a designated private delivery service

• Call Official Payments Corporation toll-free at 1-800-2PAY-TAX

(PDS) using a designated type of service, is on or before the due

date. Not all services provided by these designated PDSs qualify.

(1-800-272-9829) and follow the instructions. You will be asked to

enter the Connecticut Jurisdiction Code: 1777.

The following are the designated PDSs and designated types of

service at the time of publication:

Your payment will be effective on the date you make the charge.

Pay by Mail: Make your check payable to Commissioner of

Federal Express (FedEx)

United Parcel Service (UPS)

Revenue Services. To ensure payment is applied to your account,

• FedEx Priority Overnight

• UPS Next Day Air

write “2012 Form CT-1120U” and the corporation’s Connecticut Tax

• FedEx Standard Overnight

• UPS Next Day Air Saver

Registration Number on the front of the check. Be sure to sign your

• FedEx 2Day

• UPS 2nd Day Air

check and paper clip it to the front of your return. Do not send cash.

• FedEx International Priority

• UPS 2nd Day Air A.M.

DRS may submit your check to your bank electronically.

• FedEx International First

• UPS Worldwide Express

Plus

Where to File

• UPS Worldwide Express

A corporation filing Form CT-1120U must continue to submit paper

DHL Express (DHL)

returns to DRS.

• DHL Same Day Service

Mail return with payment to:

Department of Revenue Services

This list is subject to change. See Policy Statement

2012(2),

State of Connecticut

Designated Private Delivery Services and Designated Types of

PO Box 2974

Service.

Hartford CT 06104-2974

Mail return without payment to:

If Form CT-1120U is filed late, see Interest and any of the applicable

Department of Revenue Services

penalty sections on Page 3 to determine if interest and penalty should

State of Connecticut

be reported with this return.

PO Box 150406

Extension Request

Hartford CT 06115-0406

The unitary group may request an extension of time to file the

Amended Returns

annual return by filing CT-1120 EXT, Application for Extension of

For income years beginning on or after January 1, 2006, any

Time to File Corporation Business Tax Return, not later than the

corporation, combined group, or unitary group that fails to include

first day of the month following the due date of the unitary group’s

items of income or deduction or makes any other error on a return

corresponding federal income tax return for the income year (April 1

must:

for calendar year taxpayers). In the case of a group not required to

•

File an amended return using Form CT-1120X, Amended

file a federal income tax return for the income year, the extension

request must be filed on or before the first day of the fourth month

Corporation Business Tax Return, that applies to the tax year

being amended; or

following the end of the income year. Payment of the total tax due

must be included with the request. The timely filing of Form CT-1120

•

If the corporation was included in a combined corporation

EXT will automatically extend the due date for six months.

business tax return, file an amended combined return on

Form CT-1120CR, Combined Corporation Business Tax Return,

Visit to file your extension request

that applies to the tax year being amended and check the

electronically.

Amended box.

Form CT-1120 EXT extends only the time to file the tax return. It

If a corporation or any entity included in a combined or unitary group

has filed an amended federal return with the IRS and the amendment

does not extend the time to pay the corporation business tax. Interest

on any tax not paid by the original due date is computed at 1% per

affects the corporation’s Connecticut tax return, then within 90 days

of the IRS final determination on that amended federal return, the

month or fraction of a month until the tax is paid in full.

corporation must file Form CT-1120X, and attach a copy of federal

Payment Options

Form 1120X, Amended U.S. Corporation Income Tax return.

Pay Electronically: Visit to use the Taxpayer

Corrections to taxable income made by the IRS must be reported

Service Center (TSC) to make a direct tax payment. After logging

to the Commissioner of Revenue Services on or before 90 days

into the TSC, select the Make Payment Only option and choose a

after the final determination of the change. All federal adjustments

tax type from the drop down box. Using this option authorizes the

must be reported on an amended return. An extension request for

Department of Revenue Services (DRS) to electronically withdraw

reporting federal audit changes may be submitted in writing to the

a payment from your bank account (checking or savings) on a

Commissioner stating the reason additional time is required.

date you select up to the due date. As a reminder, even if you pay

electronically you must still file your return by the due date. Tax not

paid on or before the due date will be subject to penalty and interest.

Form CT-1120U Instructions (Rev. 01/13)

Page 2 of 7

Form Ct-1120u - Unitary Corporation Business Tax Return Instructions Page 2

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