6010.1 - Bid Release Form - Instructions 121212.doc. 2001 Form CT-1120SI-2025

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Use Form CT-1120SI EXT, Application For Extension of Time to File Connecticut S Corporation Information and Composite Income Tax Return, to request a six-month extension to file a Connecticut S Corporation Information and Composite Income Tax Return.
Every member or manager of the Connecticut LLC earning profit from the LLC has to pay the Federal Self-Employment Tax (also called the Social Security or Medicare Tax). The Federal Self-Employment Tax applies to all the earnings of an LLC member or manager. The Federal Self-Employment Tax rate in Connecticut is 15.3%.
Business and individual taxpayers can use the TSC at www.ct.gov/TSC to file a variety of tax returns, update account information, and make payments online. File Electronically: You can choose first-time filer information and filing assistance or log directly into the TSC to file returns and pay taxes.
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Business and individual taxpayers can use the TSC at www.ct.gov/TSC to file a variety of tax returns, update account information, and make payments online. File Electronically: You can choose first-time filer information and filing assistance or log directly into the TSC to file returns and pay taxes.
Every PE that does business in Connecticut or has income derived from or connected with sources within Connecticut must file Form CT\u20111065/CT\u20111120SI regardless of the amount of its income or loss.
Connecticut's new pass-through entity tax or PET requires pass-through entities to pay tax at the entity level and provides an offsetting credit against individual income and corporate taxes.
Every member or manager of the Connecticut LLC earning profit from the LLC has to pay the Federal Self-Employment Tax (also called the Social Security or Medicare Tax). The Federal Self-Employment Tax applies to all the earnings of an LLC member or manager. The Federal Self-Employment Tax rate in Connecticut is 15.3%.
Pass-through taxation refers to businesses that do not pay taxes on the entity level. Instead, the income passes to the owners of the business who pays personal income taxes for their share of the business.

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