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Department of Revenue Services State of Connecticut (Rev. 12/17)2017Form CT1120HSHistoric Structures Rehabilitation Tax Creditor Income Year Beginning:, 2017 and Ending:, Connecticut Tax Registration
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How to fill out form ct-1120hs
How to fill out form ct-1120hs
01
To fill out form ct-1120hs, follow these steps:
02
Begin by entering the name of the corporation or entity being taxed at the top of the form.
03
Provide the federal employer identification number (FEIN) of the corporation or entity.
04
Indicate the tax year for which the form is being filed.
05
Fill in the federal taxable income and use the provided worksheet to calculate the Connecticut taxable income.
06
Enter any deductions or credits applicable to the corporation or entity.
07
Complete the Schedule A section to report additions and subtractions to the Connecticut taxable income.
08
Enter the corporation's or entity's tax liability and any payments or credits already made.
09
Attach additional schedules or supporting documents if required.
10
Sign and date the form before submitting it to the appropriate tax authority.
11
Retain a copy of the completed form for your records.
Who needs form ct-1120hs?
01
Form ct-1120hs is needed by corporations or entities that are subject to the Connecticut corporation business tax (CBT). It is specifically required for corporations or entities that have elected to pay the alternative tax on capital base instead of the income tax base. This form helps determine the corporation's or entity's taxable income and calculate the tax liability owed to the state of Connecticut.
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What is form ct-1120hs?
Form CT-1120HS is the Connecticut Corporation Business Tax Return for unitary or combined filers.
Who is required to file form ct-1120hs?
Corporations that are part of a unitary group or combined group doing business in Connecticut are required to file Form CT-1120HS.
How to fill out form ct-1120hs?
Form CT-1120HS must be completed by providing detailed information about the corporation's income, deductions, credits, and other relevant financial data.
What is the purpose of form ct-1120hs?
The purpose of Form CT-1120HS is to report the Connecticut corporation's business tax liability for unitary or combined filers.
What information must be reported on form ct-1120hs?
Information such as income, deductions, credits, and other financial details of the corporation must be reported on Form CT-1120HS.
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