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Department of Revenue Services State of Connecticut (Rev. 12/12) 2012 Form CT1120 MEC Machinery and Equipment Expenditures Tax Credit For Income Year Beginning:, 2012 and Ending:, Connecticut Tax

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What is form ct1120 mec?

Form CT1120 MEC is a tax form used by certain corporations to report their federal income tax liability and to calculate the Connecticut Minimum Tax (CMT) and the Connecticut Alternative Minimum Tax (AMT).

Who is required to file form ct1120 mec?

Corporations that are doing business in Connecticut and meet certain criteria are required to file Form CT1120 MEC. This includes C corporations, S corporations, and limited liability companies treated as corporations for federal tax purposes.

How to fill out form ct1120 mec?

To fill out Form CT1120 MEC, you will need to provide information about your corporation's income, deductions, credits, and other relevant tax information. You can refer to the instructions provided by the Connecticut Department of Revenue Services for detailed guidance on filling out the form.

What is the purpose of form ct1120 mec?

The purpose of Form CT1120 MEC is to determine the corporation's Connecticut Minimum Tax (CMT) and Connecticut Alternative Minimum Tax (AMT) liabilities. It is also used to report the corporation's federal income tax liability.

What information must be reported on form ct1120 mec?

Form CT1120 MEC requires corporations to report their federal taxable income, deductions, credits, and other relevant tax information. It also requires the corporation to calculate and report its Connecticut Minimum Tax (CMT) and Connecticut Alternative Minimum Tax (AMT) liabilities.

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