CT-1120, 2012 Corporation Business Tax Return - CT.gov-2025

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The document is the Corporation Business Tax Return Form CT-1120 for the State of Connecticut, revised in December 2012. It outlines the requirements for corporations to report their income, assets, and tax obligations for the year 2012. The form includes sections for entering corporate information, tax computations based on net income and capital, and additional required information regarding corporate activities. It also provides instructions for filing electronically and details on penalties for false declarations.

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Can I file my CT tax return online?

Electronically File an Individual Income Tax Return You may file your Individual Income Tax return using myconneCT. DRS also accepts Individual Income Tax returns filed through third-party software.

Who pays CT business entity tax?

The Business Entity Tax is required to be paid to the Department of Revenue Services (DRS) by a business entity subject to the tax on or before the fifteenth day of the fourth month following the close of each taxable year of the entity.

What is 1120 corporation income tax return?

A corporation that is a component member of a controlled group must use Schedule O (Form 1120) to report the apportionment of taxable income, income tax, and certain tax benefits between all component members of the group.

Can I file form 1120 online?

Providers and large taxpayers authorized to participate in the Internal Revenue Service e-file program can file Form 1120, U.S. Corporation Income Tax Return, Form 1120-F, U.S. Income Tax Return of a Foreign Corporation, Form 1120-H, U.S. Income Tax Return for Homeowners Associations, and Form 1120-S, U.S. Income Tax

How to file CT 1120 online?

Form CT-1120 can be filed electronically through myconneCT. DRS myconneCT allows taxpayers to electronically file, pay, and manage state tax responsibilities. If you file electronically you are expected to pay electronically at the time of filing.

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What is the minimum tax on CT 1120?

The minimum tax is $250. Form CT‑1120 ATT, Corporation Business Tax Return Attachment, contains the following computation schedules: Schedule H, Connecticut Apportioned Operating Loss Carryover; Schedule I, Dividend Deduction; and Schedule J, Bonus Depreciation Recovery.

Who needs to file CT-1120?

Type of Federal Return Filed An S corporation should file Form CT-1065/CT-1120SI, Connecticut Pass‑Through Entity Tax Return. A limited liability company (LLC) should file Form CT‑1120 only if the company elects to be taxed as a corporation for federal income tax purposes.

How do I file CT-1120 Ext online?

Filing and Paying Electronically File and pay Form CT-1120EXT electronically using myconneCT. DRS myconneCT allows taxpayers to electronically file, pay and manage state tax responsibilities. If you file Form CT-1120 EXT using myconneCT at portal.ct.gov/DRS‑myconneCT you must make an electronic payment at that time.

CT-1120, 2012 Corporation Business Tax Return - CT.gov-2025

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