Connecticut Adjusts Withholding Methods for 2024 (1)

Changes to Connecticut’s income tax that take effect Jan. 1, 2024, affect its withholding tables and calculation rules, the state’s Department of Revenue Services said.

The two lowest tax rates in the withholding calculation rules were reduced to 2% and 4.5%, instead of 3% and 5%, for all withholding codes, the department said. Changes were also made to Table C, which becomes a 2% instead of 3% tax rate phase-out add-back, and the tax recapture Table D, the department said. Tables A, for personal exemptions, and E, for personal tax credits, were unchanged from 2023, the department said.

A new ...