Annual Reports

Fee:	Filing fee for a domestic annual report is $75. The combined foreign annual report fee, which includes the $225 annual license fee, is $300.
Forms:	Annual reports may be requested from the Secretary of State via e-mail at: crd@po.state.ct.us or by calling/writing the Secretary of State office.
Due Date:	Annual report is due by the last business day of anniversary month of incorporation/qualification.

 Corporation Tax Returns

Taxes:	Your annual corporation business tax return is based on computations derived from applicable schedules, with a $250 minimum payment. A corporation that elects S corporation status for federal income tax purposes must also file as an S corporation for Connecticut income tax purposes. There is no separate election for Connecticut tax purposes.   COMPOSITE INCOME TAX FILING REQUIREMENTS:  An S Corporation is required to file Form CT-1065/CT-1120SI, where it: Is required to file federal Form 1102S, U.S. Income Tax Return for an S Corporation; and Has any income, gain, loss, or deduction derived from or connected with sources within Connecticut. (For information on the composite filing requirements for partnerships and other pass-through entities (PE) taxed as partnerships, visit the Partnership page.)   An S corporation is required to file Form CT-1065/CT-1120SI, Connecticut Composite Income Tax Return, and make a composite Connecticut income tax payment on behalf of each nonresident  shareholder where the shareholder's pro rata share of the PE's income derived from or connected with Connecticut sources is $1,000 or more.   For more information, please see IP 2006(22), Connecticut Income Tax Changes Affecting Pass-Through Entities.   There is an annual business entity tax of $250 on each domestic or foreign entity (S corporation, limited liability company, including single member limited liability company, limited liability partnership, and limited partnership), where the entity is required to file an annual report with the Connecticut Secretary of the State.   The income tax rate is equal to 7.5% of net income.
Forms:	Tax Form CT-1120 - Corporation Business 2007 Tax Return (instructions) Form CT-1065/CT-1120SI - S Corporation 2007 Tax Return (instructions) Form OP-424 - 2007 Business Entity Tax Form TSC-BUS - E-File Business Entity Tax at the Taxpayer Service Center Corporation Business Tax List - 2007 Corporation Tax Forms Composite Income Tax List - 2007 Composite Income Tax Forms
Due Date:	Entity tax is required to be paid to DRS on or before the 15th day of the fourth month following the close of each taxable year, or April 15th for calendar year filers.