Form Ct-1040 Nr/py - Connecticut Nonresident And Part-Year Resident Income Tax Return And Instructions - 2011 Page 24
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56where the income or gain is derived from or connected with
Do not use Line 51 to subtract income subject to tax in a
Indian country of the tribe. Enter the words “Mashantucket
qualifying jurisdiction (see Schedule 2 - Credit for Income
Pequot Tribe enrolled member” or “Mohegan Tribe enrolled
Taxes Paid to Qualifying Jurisdictions below) or income of
member” as the case may be.
a nonresident spouse. See Spouses With Different Residency
2. Subtract the amount of interest earned on funds deposited in
Status on Page 16.
a Connecticut individual development account to the extent
Line 52: Total Subtractions
included in federal adjusted gross income.
Add Lines 42 through 51. Enter the total on Form
3. Subtract any interest paid on indebtedness incurred to acquire
CT-1040NR/PY, Schedule 1, Line 52.
investments that provide income taxable in Connecticut
but are exempt for federal purposes, that is not deductible
Schedule 2 - Credit for Income Taxes Paid to
in determining federal adjusted gross income, and that is
attributable to a trade or business of that individual.
Qualifying Jurisdictions (Part-Year Residents
4. Subtract expenses paid or incurred for the production
Only)
(including management, conservation, and maintenance of
Am I Eligible for the Credit for Income Taxes Paid
property held for production) or collection of income taxable
to Qualifying Jurisdictions
in Connecticut but exempt from federal income tax, that are
If you are a part-year resident of Connecticut and if any part of
not deductible in determining federal adjusted gross income
your income earned during the residency portion of your taxable
and are attributable to a trade or business of that individual.
year was taxed by a qualifying jurisdiction, you may be able
5. Subtract the amount of any distributions you received from
to claim a credit against your Connecticut income tax liability
the Connecticut Higher Education Trust Fund (CHET) as a
for qualifying income tax payments you have made.
designated benefi ciary to the extent includable in your federal
Nonresidents may not claim a credit for income taxes paid
adjusted gross income.
to other jurisdictions.
Congress passed legislation excluding from federal gross
income any distribution from a qualifi ed state tuition program
Taxpayers seeking a credit for alternative minimum taxes paid to
(such as CHET), to the extent the distribution is used to pay
another jurisdiction must complete Form CT-6251, Connecticut
for qualifi ed higher education expenses. (Pub. L. No. 107-16,
Alternative Minimum Tax Return - Individuals, to calculate their
§402) To the extent any distribution from CHET is excluded
alternative minimum tax credit.
from federal gross income, the amount should not be reported
Qualifying Jurisdiction
as a subtraction modifi cation on Line 51.
A qualifying jurisdiction includes another state of the United
6. Subtract any amortizable bond premium on bonds that
States, a local government within another state, or the District
provide interest income taxable in Connecticut but exempt
of Columbia. A qualifying jurisdiction does not include the
from federal income tax, which premiums were not
State of Connecticut, the United States, or a foreign country or
deductible in determining federal adjusted gross income
its provinces (for example, Canada and Canadian provinces).
and are attributable to a trade or business of that individual.
Qualifying Income Tax Payments
7. Enter any item of loss or deduction subject to special accrual
Qualifying income tax payments are income taxes you actually
to the extent the item was not deductible in determining
paid on income:
federal gross income for the taxable year. See Items Subject
to Special Accrual on Page 9.
• Derived from or connected with sources within a qualifying
8. Subtract the amount of any interest income from notes, bonds,
jurisdiction; and
or other obligations of the State of Connecticut included in
• Subject to tax in the qualifying jurisdiction.
federal adjusted gross income. This modifi cation includes
Income Derived From or Connected With Sources
any Build America Bond tax credit amount if the Build
Within a Qualifying Jurisdiction
America Bond, as described in Section 1531 of the American
• Compensation received for personal services performed in a
Recovery and Reinvestment Act of 2009 was issued by the
qualifying jurisdiction;
State of Connecticut or a Connecticut subdivision and only
• Income from a business, trade, or profession carried on in a
to the extent the credit amount is treated as interest includible
qualifying jurisdiction;
in gross income for federal income tax purposes.
• Gambling winnings from a state-conducted lottery. See
9. Subtract the amount of military pay received by a nonresident
Informational Publication 2011(28), Connecticut Income
or part-year resident during the part-year resident’s
Tax Treatment of State Lottery Winnings Received by Residents
nonresidency portion of the taxable year to the extent
and Nonresidents of Connecticut; or
includable in federal adjusted gross income.
• Income from real or tangible personal property situated in a
10. Subtract the amount of any interest, dividends, or capital
qualifying jurisdiction.
gains earned on contributions to accounts established for
Income from intangibles, such as stocks and bonds, is not derived
a designated benefi ciary under the Connecticut Homecare
from or connected with sources within a qualifying jurisdiction
Option Program for the Elderly to the extent the interest,
unless the income is from property employed in a business, trade,
dividends, or capital gains is properly included in the gross
income of the designated benefi ciary for federal income tax
or profession carried on in that jurisdiction.
purposes.
Page 24
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