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Department of Revenue Services State of Connecticut (New 01/23)2023Form DRS CAN Schedule B Sales of Cannabis Edible ProductsThis schedule is used to report each sale of cannabis edible products made

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What is state and municipal taxes?

State and municipal taxes are taxes imposed by state and local governments on income, property, sales, and other activities to generate revenue for public services and infrastructure.

Who is required to file state and municipal taxes?

Typically, individuals and businesses earning income within a state or municipality are required to file state and municipal taxes, as specified by the local tax laws.

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To fill out state and municipal taxes, taxpayers must complete the appropriate tax forms provided by the state or local taxing authority, detailing their income, deductions, and credits.

What is the purpose of state and municipal taxes?

The purpose of state and municipal taxes is to fund essential public services such as education, healthcare, transportation, public safety, and infrastructure development.

What information must be reported on state and municipal taxes?

Taxpayers must report information such as total income, deductions, credits, property details, and any other relevant financial information as required by state and local tax laws.

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