Form Ct-1040 Nr/py - Connecticut Nonresident And Part-Year Resident Income Tax Return And Instructions - 2012 Page 31
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56from the sale or disposition of real property are not subject to
Rental and royalty income: As a nonresident, enter rents and
apportionment. In all cases, use the federal basis of property in
royalties from:
computing capital gains (losses).
1. Real property located in Connecticut, whether or not used in
connection with a business;
Line 7: Other Gains or (Losses)
2. Tangible personal property not used in a business if the
(federal Form 1040, Line 14)
property is located in Connecticut; and
• Part-Year Resident
3. Tangible and intangible personal property used in or connected
Enter the total of Schedule CT-1040AW, Line 7, Column B and
with a business, trade, profession, or occupation carried on in
Column D.
Connecticut.
• Nonresident
If the income is earned by a business carried on both in and outside
of Connecticut, apply the business apportionment percentage
Enter that part of your federal adjusted gross income (as modifi ed
(Schedule CT-1040BA) or alternative method only to items of
by adjustments on Form CT-1040NR/PY, Schedule 1) that
tangible and intangible personal property used in or connected
represents the gain (loss) from the sale or exchange of non-capital
with the business to determine the income from Connecticut
assets from Connecticut sources. Apply the federal provisions for
sources. Do not apportion income from real property located in
determining gains (losses) from the sale or exchange of other than
Connecticut (whether or not used in a business). That income
capital assets to your Connecticut transactions.
must be entirely included in Connecticut-sourced income if the
Noncapital Transactions From Connecticut Sources: Include
real property is located in Connecticut and entirely excluded from
noncapital transactions pertaining to property used in connection
Connecticut-sourced income if the real property is located outside
with a business, trade, profession, or occupation carried on in
Connecticut. Do not apportion income from tangible personal
Connecticut. Also include your share of any noncapital gain (loss)
property not used in a business. Report on this line your share of
from a partnership of which you are a partner, an estate or trust
any rental or royalty income from a partnership, trust, estate, or
of which you are a benefi ciary, or an S corporation of which you
S corporation.
are a shareholder. If any capital gains (losses) are from business
Partnerships: As a nonresident, enter your distributive share
property (other than real property) of a business carried on both
of partnership income, gain, loss, and deduction derived from
in and outside of Connecticut, apply the business apportionment
or connected with Connecticut sources. The partnership should
method (Schedule CT-1040BA) to determine the Connecticut
furnish this information to you on Schedule CT K-1, Member’s
capital gain (loss). Gains and losses from the sale or disposition
Share of Certain Connecticut Items. If your distributive share
of real property are not subject to apportionment. In all cases, use
includes any other items of partnership income taxable to a
the federal basis of property to compute capital gains (losses).
nonresident, those items must be entered on the appropriate lines
Line 8: Taxable Amount of IRA Distributions
of Schedule CT-SI.
(federal Form 1040, Line 15b)
Example: Your share of a partnership’s capital gain that is
• Part-Year Resident
Connecticut source would be included in determining the
Enter the amount from Schedule CT-1040AW, Line 8, Column B.
amount on Line 6.
• Nonresident
S corporations: As a nonresident, enter your pro rata share of the
This line does not apply to a nonresident.
S corporation’s nonseparately stated items of income or loss (to
the extent includable in your Connecticut adjusted gross income)
Line 9: Taxable Amount of Pensions and Annuities
derived from or connected with Connecticut sources. Also, enter
(federal Form 1040, Line 16b)
your pro rata share of the S corporation’s separately stated items
• Part-Year Resident
of income or loss (such as interest and dividends) derived from
Enter the amount from Schedule CT-1040AW, Line 9, Column B.
or connected with Connecticut sources on the appropriate lines of
Schedule CT-SI. The S corporation should furnish this information
• Nonresident
to you on Schedule CT K-1.
This line does not apply to a nonresident.
Trusts and estates: As a nonresident benefi ciary, enter your
Line 10: Rental Real Estate, Royalties, Partnerships,
share of trust or estate income derived from or connected with
S Corporations, Trusts, Etc.
Connecticut sources. This information should be provided to
you by the fi duciary. If your share includes any items of taxable
(federal Form 1040, Line 17)
trust or estate income from Connecticut sources not reported on
• Part-Year Resident
Line 10, those items should be included on the appropriate lines
Enter the total of Schedule CT-1040AW, Line 10, Column B and
of Schedule CT-SI.
Column D.
Passive activity loss limitations: Any deduction for passive
• Nonresident
activity losses for a nonresident must be recomputed to determine
the amounts which would be allowed if the federal adjusted gross
Enter that part of your federal adjusted gross income (as modifi ed
income took into account only items of income, gain, loss, or
by adjustments on Form CT-1040NR/PY, Schedule 1) that
deduction derived from or connected with Connecticut sources.
represents income or losses from rents, royalties, partnerships,
S corporations, trusts, and estates derived from or connected with
If you were a part-year resident, you must recalculate your
Connecticut sources.
passive activity loss limitations as if separate federal returns were
fi led for your resident and nonresident periods.
Page 31
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