Form Ct-1040 Nr/py - Connecticut Nonresident And Part-Year Resident Income Tax Return And Instructions - 2012 Page 29
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56Part-year residents who fi le a surety bond or other security in
If your wages, salaries, tips, and other compensation was earned
lieu of special accruals do not include accruals in the amounts in
for services performed both in and outside of Connecticut while
Schedule CT-SI, Parts 1 and 2.
you were a nonresident and the amount of Connecticut-sourced
income is not known, complete the Employee Apportionment
Capital Losses, Passive Activity Losses, and Net
Worksheet. See the instructions, on Page 32.
Operating Losses
Income from employment activities in Connecticut that are considered
Capital losses, passive activity losses, and net operating losses
casual, isolated, or inconsequential (under the Ancillary Activity Test)
generated from activities within Connecticut can reduce
is not part of the Connecticut-sourced income of a nonresident. See
Connecticut adjusted gross income derived from or connected
Activities Considered Casual, Isolated, or Inconsequential, item 3,
with Connecticut sources of a nonresident to the extent they are
Ancillary Activity Test on Page 9.
properly computed for federal income tax purposes and are offset
against income derived from or connected with Connecticut
Line 2: Taxable Interest
sources. A nonresident must recompute capital losses, passive
(federal Form 1040, Line 8a)
activity losses, and net operating losses as if the nonresident’s
• Part-Year Resident
federal adjusted gross income consisted only of items derived
from Connecticut sources.
Enter the total of Schedule CT-1040AW, Line 2, Column B and
Column D.
Example: Lori Ann, a nonresident of Connecticut, reported a
• Nonresident
capital gain from sources outside of Connecticut (from the sale of
securities) of $20,000 on her federal income tax return. Lori Ann
Enter that part of your federal adjusted gross income (as modifi ed
also reported on her federal income tax return a capital loss of
by adjustments on Form CT-1040NR/PY, Schedule 1) that
$8,000 from sources exclusively within Connecticut (from the
represents interest income earned as a nonresident that is part of
sale of real property not used in Lori Ann’s trade or business).
the receipts of a business, trade, profession, or occupation carried
For federal income tax purposes, Lori Ann has a gain from the
on in Connecticut or from the ownership of an interest in a pass-
sale or exchange of property of $12,000 ($20,000 minus $8,000).
through entity doing business in Connecticut and not otherwise
Lori Ann has a capital loss of $8,000 derived from or connected
exempt from Connecticut income tax. If the business is conducted
with sources within Connecticut, but may claim as a deduction
both in and outside of Connecticut, see the instructions for Line 5.
only $3,000 on her Form CT-1040NR/PY (in accordance with
Line 3: Ordinary Dividends
the federal limitation of $3,000 of capital loss to offset ordinary
(federal Form 1040, Line 9a)
income). She must carry forward the balance of the capital loss
to the succeeding taxable year(s) even though, for federal income
• Part-Year Resident
tax purposes, she will show no capital loss carryforward.
Enter the total of Schedule CT-1040AW, Line 3, Column B and
Column D.
Election to Forego Carryback
• Nonresident
Where a nonresident incurs a net operating loss for Connecticut
income tax purposes but does not incur a net operating loss for
Enter that part of your federal adjusted gross income (as modifi ed
federal income tax purposes, the nonresident is required fi rst to
by adjustments on Form CT-1040NR/PY, Schedule 1) that
carry back the net operating loss to each of the three taxable years
represents dividend income earned as a nonresident that is part of
preceding the taxable year in which the net operating loss was
the receipts of a business, trade, profession, or occupation carried
incurred (except as limited by the information highlighted below)
on in Connecticut or from the ownership of an interest in a pass-
and then to carry any remaining net operating loss forward to each
through entity doing business in Connecticut and not otherwise
of the fi fteen taxable years following the taxable year in which the
exempt from Connecticut income tax. If the business is conducted
loss was incurred. An election to forego the three-year carryback
both in and outside of Connecticut, see the instructions for Line 5.
period and to carry the loss forward may be made by fi ling a
Line 4: Alimony Received
timely Form CT-1040NR/PY for the year the loss was incurred
(federal Form 1040, Line 11)
and attaching a statement indicating that the election to forego
the carryback is being made. This election may not be revoked.
• Part-Year Resident
Enter the amount from Schedule CT-1040AW, Line 4, Column B.
Part 1 - Connecticut Income - Line Instructions
• Nonresident
The federal income tax return line references are to the
This line does not apply to a nonresident.
federal Form 1040. If you fi le federal Form 1040A or federal
Form 1040EZ, use the appropriate lines from those forms.
Line 5: Business Income or (Loss)
(federal Form 1040, Line 12)
Line 1: Wages, Salaries, Tips, Etc.
• Part-Year Resident
(federal Form 1040, Line 7)
Enter the total of Schedule CT-1040AW, Line 5, Column B and
• Part-Year Resident
Column D.
Enter the total of the amounts from Schedule CT-1040AW, Line 1,
Column B and Column D.
• Nonresident
Enter that part of your federal adjusted gross income (as modifi ed
• Nonresident
by adjustments on Form CT-1040NR/PY, Schedule 1) that
Enter all wages, salaries, tips, and other compensation you
represents business income (loss) you received from a business,
earned for services performed in Connecticut while you were a
trade, profession, or occupation carried on in Connecticut.
nonresident of Connecticut.
Page 29
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