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Form 2220 Online Connecticut: What You Should Know

Tax) for 2017. 2 Enter your 2024 corporate business tax rate as shown in the 2024 Corporate Tax Schedule. 3 Enter your 2024 state corporate business tax rate as shown in the 2024 State Corporate Business Tax Schedule. Enter “0” if there is no state corporate business tax rate. Enter “10” if the state rate is 10%. 4 Enter your 2024 corporate state business income tax rate. 5 Enter the 2024 corporation state business tax. Check the box if this state business tax is higher than the 2024 corporate state business tax rate. If the 2024 state business tax is lower than the 2024 state business tax, enter the 2024 state business tax rate. 6 Enter the 2024 metropolitan transportation business area rate, CT.gov/MTRA6 7 If you have two or more corporations reporting this corporation type, check “1”. (In this case, the total is the sum of all businesses). 8 In this example, the corporations are Hartford Fire and Casualty Company and Hartford Transit Company. 9 For 2018, the Hartford Fire and Casualty Company will use the corporate state business tax rate of 12%, while the Hartford Transit Company is required to pay the metropolitan transportation business area rate of 4%. 10 Total of the corporate tax brackets: CT.

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