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

The unitary group is not authorizing the paid preparer to receive any

Attach a schedule that lists the beginning and ending book values

of total holdings of stock of private corporations, including treasury

refund check, bind the unitary group to anything (including additional

stock. The total book value of shares must equal the amount claimed

tax liability), or otherwise represent the unitary group before DRS.

as a deduction on Schedule E, Line 5. The book value of stock does

The authorization cannot be revoked. However, the authorization

not include the value of other assets acquired and held in connection

will automatically end no later than the due date (without regard to

extensions) for filing the 2013 Unitary Corporation Business Tax

with or incidental to the ownership of such stock.

Return. This is on or before the first day of the month following the

Private corporations means all non-governmental corporations,

due date of the unitary group’s corresponding federal income tax

whether closely or publicly held.

return for the income year (April 1 for calendar year filers).

Line 6 - Subtract Line 5, Column C, from Line 4, Column C. Enter

Schedule of Corporations Included in the Unitary Return

the result here and on Form CT-1120U, Schedule B, Line 1.

Enter the corporation name, Connecticut Tax Registration Number,

Schedule F - Taxes

and FEIN for each company included in this unitary return.

Conn. Gen. Stat. §12-217 disallows any deduction for the

Check the corresponding column if the company has nexus with

Connecticut corporation business tax and any deduction for taxes

Connecticut. A Connecticut Tax Registration Number must be

imposed on or measured by income or profits by any state, political

included for parent and all affiliates, if applicable. Attach a schedule

subdivision, or the District of Columbia.

if additional lines are needed.

Line 1 - Enter the amount of Connecticut corporation business tax

For Further Information

deducted in arriving at federal taxable income.

Call DRS during business hours, Monday through Friday:

Line 2 - Enter the total of all payroll taxes, real property taxes,

•

1-800-382-9463 (Connecticut calls outside the Greater

personal property taxes, and any other tax not based on income or

Hartford calling area only), or

profits, deducted in arriving at federal taxable income.

•

860-297-5962 (from anywhere).

Line 3 - Enter any corporate tax imposed on or measured by

TTY, TDD, and Text Telephone users only may transmit inquiries

income or profits by any state (other than Connecticut) or political

anytime by calling 860-297-4911.

subdivision, or the District of Columbia, deducted in the computation

Forms and Publications

of federal taxable income.

Visit the DRS website at to download and print

Line 4 - Add the amounts on Line 1 and Line 3. Enter the total here

and on Schedule D, Line 3.

Connecticut tax forms and publications.

Signature

The unitary return must be signed by a duly authorized officer.

Paid Preparer Signature

A paid preparer must sign and date Form CT-1120U. Paid preparers

must also enter their Social Security Number (SSN) or Preparer

Tax Identification Number (PTIN) and their firm’s FEIN the spaces

provided.

Paid Preparer Authorization

If the unitary group wants to authorize DRS to contact the paid

preparer who signed the 2012 Unitary Corporation Business Tax

Return to discuss it, check the Yes box in the signature area of

the return. This authorization applies only to the individual whose

signature appears in the paid preparer’s signature section of the

unitary return. It does not apply to the firm, if any, shown in that

section.

If the Yes box is checked, the unitary group is authorizing DRS

to call the paid preparer to answer any questions that may arise

during the processing of the 2012 Unitary Corporation Business Tax

Return. The unitary group is also authorizing the paid preparer to:

•

Give DRS any information that is missing from the unitary

return;

•

Call DRS for information about the processing of the unitary

group’s return or the status of the unitary group’s refund or

payment; and

•

Respond to certain DRS notices that the unitary group may

have shared with the preparer regarding math errors, offsets,

and return preparation. The notices will not be sent to the

preparer.

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

Page 7 of 7

Form Ct-1120u - Unitary Corporation Business Tax Return Instructions Page 7

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