Connecticut Revenue Department Releases Information on Changes to Composite Income Tax Return

The Connecticut Department of Revenue Services released information on composite tax returns for the 2024 tax year. The main updates include a new form name, mandatory filing requirements for all pass-through entities operating in Connecticut, details on estimated tax payments and electing to file the Pass-Through Entity Tax Return, and information on three new tax credits. [Conn. Dep’t of Revenue Servs., Composite Income Tax Information, 01/01/25]

This story was produced by Bloomberg Tax Automation, and edited by Bloomberg Tax staff.