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Department of Taxation and FinanceInstructions for Form CT633Economic Transformation and Facility Redevelopment Program Tax Credit General information Tax Law provides a credit to taxpayers who are

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What is recapture of tax credits?

Recapture of tax credits is the process of paying back tax credits that were previously claimed but are no longer eligible.

Who is required to file recapture of tax credits?

Individuals or businesses who claimed tax credits that are subject to recapture are required to file.

How to fill out recapture of tax credits?

Recapture of tax credits can be filled out by providing the necessary information on the designated forms provided by the tax authorities.

What is the purpose of recapture of tax credits?

The purpose of recapture of tax credits is to ensure that only eligible tax credits are claimed and to prevent tax fraud.

What information must be reported on recapture of tax credits?

The information required to be reported on recapture of tax credits includes details of the tax credits claimed, reasons for recapture, and any additional supporting documentation.

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