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Form CT-8801 Instructions

General Information

Trusts and Estates

Enter in the space provided at the top of the form the name of

Filing Status

the trust or estate and the name of the ﬁ duciary as it appears on

Filing jointly includes ﬁ ling jointly for federal and Connecticut

Form CT-1041, Connecticut Income Tax Return for Trusts and

and ﬁ ling jointly for Connecticut only. Likewise, ﬁ ling separately

Estates. Also, enter the Federal Employer Identiﬁ cation Number

includes ﬁ ling separately for federal and Connecticut and ﬁ ling

(FEIN) of the trust or estate.

separately for Connecticut only.

How the Credit for Prior Year Minimum Tax Is Calculated

Line Instructions

Your credit for 2012 is calculated by subtracting the part of

your 2011 Connecticut alternative minimum tax attributable to

Part I

adjustments and items of tax preferences (such as exclusion

Line 4

items) specified in IRC §53(d) from your net Connecticut

Only full-year resident or part-year resident inter-vivos trusts

alternative minimum tax paid in 2011 and adding the result to

with one or more nonresident noncontingent beneficiaries

the amount of credit carried forward from the prior year.

must complete Worksheet C. All other trusts, complete

Exclusion items are your federal alternative minimum tax

Line 4 and skip Worksheet C.

adjustments and preferences for the standard deduction,

Line 9

itemized deductions (including any investment interest expense

If under age 24 at the end of 2011, follow the instructions for

reported on federal Schedule E), the deduction for charitable

Line 9 of the 2012 federal Form 8801 to determine the amount

contributions of appreciated property, certain tax-exempt interest,

to enter on this line.

and depletion.

Line 10

For more information, see the instructions for federal Form 8801,

If you ﬁ led federal Form 1040NR for 2011 and had a net gain on

Credit for Prior Year Minimum Tax - Individuals, Estates, and

the disposition of U.S. real property interests, Line 10 cannot be

Trusts.

less than the smaller of that net gain or Line 4.

How the Credit May Be Used

Line 11

You may be able to reduce your regular Connecticut income

If you claimed the foreign earned income exclusion, housing

tax liability by the amount of your credit. Your credit for 2012

exclusion, or housing deduction on federal Form 2555 or Form

is limited to the amount that your regular Connecticut income

2555-EZ for 2011, you must use the Connecticut Foreign Earned

tax for 2012, less the credit allowed for income tax paid to a

Income Tax Worksheet – Line 11 on Page 5 to compute the

qualifying jurisdiction(s) and allowable income tax credits from

amount to enter on Line 11.

Schedule CT-IT Credit, Income Tax Credit Summary, exceeds

your Connecticut alternative minimum tax for 2012, less the

Line 15: Apportionment Factor

credit allowed for alternative minimum tax paid to a qualifying

Resident Individuals

jurisdiction(s).

If you were a Connecticut resident for all of 2011, enter 1.0000.

The Unused Portion of the Credit

Nonresident and Part-Year Resident Individuals

Any unused portion of the credit may be carried forward to reduce

Recalculate the apportionment factor from your 2011 Form

your regular Connecticut income tax in future years. You may

CT-6251, Connecticut Alternative Minimum Tax Return –

carry the credit forward until it is completely used. If you are entitled

Individuals, Line 18, only taking into account exclusion items,

to any additional credit in a subsequent year, you may add that

Section 1250 gains, items of adjustment, and any other items

credit to any balance being carried forward.

that are not deferral items.

Nonresident Estates and Nonresident and

General Instructions

Part-Year Resident Trusts

Complete your 2012 federal Form 8801 before you complete

Recalculate the apportionment factor from your 2011 Form

Form CT-8801.

CT-1041 Schedule I, Connecticut Alternative Minimum Tax

Computation of Trusts or Estates, Line 18, only taking into account

If you were liable for Connecticut alternative minimum tax in 2011,

exclusion items, Section 1250 gains, items of adjustment, and

you must complete all applicable parts of this form including

any other items that are not deferral items.

Worksheets A, B, and C.

If you were not liable for Connecticut alternative minimum

tax in 2011, but you are claiming a credit carryforward, skip

Lines 1 through 25. Enter on Line 26 the amount from your 2011

Schedule CT-IT Credit, Line 10, Column E.

Individuals

Enter in the space provided at the top of the form your name and

Social Security Number (SSN) as it appears on your Connecticut

income tax return. If you ﬁ led a joint return, also enter your

spouse’s name and SSN.

Form CT-8801 (Rev. 02/13)

Page 4 of 5

Form Ct-8801 - Credit For Prior Year Connecticut Minimum Tax For Individuals, Trusts, And Estates - 2012 Page 4

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