Form Preview Example

Department of Revenue Services

Form CT-1065/CT-1120SI

State of Connecticut

(Rev. 12/20)

Connecticut Pass-Through Entity

10651120SI 1220W 01 9999

Tax Return

Complete this return and all attachments in blue or black ink only. Do not use staples.

Enter income year beginning 

and ending 

M M - D D - Y Y Y Y

M M - D D -

2020

Y Y Y Y

Name of pass-through entity

Federal Employer Identification Number (FEIN)



This return MUST be filed electronically!



Number and street

PO Box

DO NOT MAIL paper tax return to DRS.

City, town, or post office

State

ZIP code

Connecticut Tax Registration Number



Type of PE:

	Limited liability partnership (LLP)		Limited partnership (LP)		General partnership (GP)
	S corporation		Partnership (LLC treated as a partnership)

Pass-Through Entity Information

A. Return type



Final return (out of business in Connecticut)

Date of dissolution:

M M - D D - Y Y Y Y



Amended return 

Short period return

Explanation:

B.Change of address. See instructions.

C.Enter the six-digit Business Code Number from federal Form 1065 or federal Form 1120S. Business Code Number 

D. (a) Did this PE transfer a controlling interest in an entity that owns, directly or indirectly, CT real property?



Yes

If Yes, enter: Entity name

Federal Employer ID Number

(b) If this PE directly or indirectly owns CT real property, was a controlling interest of this PE transferred?



Yes

If Yes, enter: Transferor name

FEIN / SSN

Date of transfer

, and attach a list of addresses for all Connecticut real property transferred.

M M - D

D - Y Y Y Y

E. Did this PE elect out of the new federal centralized partnership audit regime enacted by the Bipartisan Budget Act of 2015? 

Yes

Select a Filing Method, Required. Select one. See instructions.

Standard Base (default). Complete Form CT-1065/CT-1120SI.

Alternative Base (election). Complete Form CT-1065/CT-1120SI and attach Schedule CT-AB, Alternative Base Calculation.

Combined Election, Optional. See instructions.

PE elects to calculate its tax as a combined group with other commonly-owned PEs. If combined election is made, select one of the following:

PE is the Designated Combined Reporting PE. Complete Schedule CT-CE, Combined Election. On Part I, Schedule A, Line 1, enter the amount from Schedule CT-CE, Section 1, Line 9, Column C.

PE’s income is reported on Schedule CT-CE filed by the Designated Combined Reporting PE listed below.

Complete this return, except enter zero (“0”) on Part I, Schedule A, Line 1.

Designated Combined Reporting PE’s name:	
Designated Combined Reporting PE’s FEIN:	

Each PE must file its own return and select the same filing base (standard or alternative) as the other members of the combined group.

Nonresident Composite Income Tax Remittance Election, Optional. See instructions.

PE elects to remit income tax on behalf of its nonresident members. If election is made, complete Form CT-1065/CT-1120SI and attach Schedule CT-NR, Elective Composite Income Tax Remittance Calculation. By checking this box, the PE agrees to the terms and conditions as set forth in Schedule CT-NR.

Form CT-1065/CT-1120SI (Rev. 12/20)

Page 2 of 9

10651120SI 1220W 02 9999

Pass-through entity’s Federal Employer Identification Number

Part I, Schedule A – Computation of Amount Due

1.	PE Income/(Loss) Subject to Tax
	Standard Base Filers: Enter amount from Part I, Schedule B, Line 20, Column D.
	Alternative Base Filers: Enter the amount from Schedule CT-AB, Section 1, Line 5.
	Combined Filers: See instructions.	1.	
2a.	PE Tax due: Multiply Line 1 by 6.99% (.0699). If Line 1 is zero or less, enter zero (“0”).	2a.	
2b.	Elective Composite Income Tax Remittance from Schedule CT-NR, Line 22 (if applicable).	2b.	
2.	Total tax due: Add Line 2a and Line 2b.	2.	
3a.	2020 estimated payments	3a.	
3b.	Payment made with Form CT-1065/CT-1120SI EXT	3b.	
3c.	Overpayment from prior year applied to 2020.	3c.	
3.	Payments: Enter the total of Lines 3a, 3b and 3c.	3.	
4.	Balance due/(overpaid): Subtract Line 3 from Line 2.	4.	
5a.	If late, enter penalty. See instructions.	5a.	
5b.	If late, enter interest. Multiply the amount on Line 4 by 1% (.01). Multiply the result by	5b. 
	the number of months or fraction of a month late.	5b. 
	the number of months or fraction of a month late.
5c.	Interest on underpayment of estimated tax: See instructions.	5c.	

	5d. If annualizing estimated payments, check here: 
			
5.	Total penalty and interest: Enter the total of Lines 5a, 5b and 5c.	5.	
6a.	Amount to be applied to 2021 estimated PE Tax	6a.	
6b.	Amount to be refunded	6b.	

For faster refund, use direct deposit by completing Lines 6c, 6d, and 6e.

.00

6c.

Checking 

Savings 

6e. Account number 

6d.

Routing number 

6f. Will this refund go to a bank account outside the U.S.? 

Yes



.00

Total to be credited or refunded: Enter the total of Line 6a and Line 6b.

Total amount due: Add Line 4 and Line 5. If the result is zero or less, leave this line blank.



.00

DECLARATION: I declare under the penalty of law that I have examined this return and, to the best of my knowledge and belief, it is true, complete, and correct.

I understand the penalty for willfully delivering a false return or document to the Department of Revenue Services (DRS) is a fine of not more than $5,000, imprisonment for not more than five years, or both. The declaration of a paid preparer other than the taxpayer is based on all information of which the preparer has any knowledge.

Sign

Here

Keep a copy of this return for your records.

Signature of general partner or corporate officer

Date (MMDDYYYY)

This return MUST be filed electronically!

Title

Telephone number

May DRS contact the preparer Yes

DO NOT MAIL paper

return to DRS.

Email address of general partner or corporate officer

shown below about this return?



Paid preparer’s name (print)

Paid preparer’s signature

Date (MMDDYYYY)

Preparer’s PTIN



Firm’s name and address

Check if self-employed

Firm’s FEIN

Telephone number

Please note that each form is year specific. To prevent any delay in processing your return,

the correct year’s form must be submitted to DRS.

Form CT-1065/CT-1120SI (Rev. 12/20)

Page 3 of 9

10651120SI 1220W 03 9999

	Part I, Schedule B – Computation of PE’s	Column A
	Own Connecticut Source Income/(Loss)	Column A
	Own Connecticut Source Income/(Loss)	Amounts Reported by this PE on
		Amounts Reported by this PE on
		Federal Schedule K

Pass-through entity’s Federal Employer Identification Number

	Column C	Column D
	Column C	PE’s Connecticut Source Income/
	PE’s Income/(Loss) From Its	PE’s Connecticut Source Income/
Column B	PE’s Income/(Loss) From Its	(Loss) From Its OwnActivities
Column B	Own Activities	(Apportioned or allocated from
	Own Activities	(Apportioned or allocated from
Amounts From Subsidiary PE(s)	(Column A minus Column B)	Column C. See instructions.)

1.	Ordinary business income (loss)	1.		.00 	.00	.00 
2.	Net rental real estate income (loss)	2.		.00 	.00	.00 
3.	Other net rental income (loss)	3.		.00 	.00	.00 
4.	Guaranteed payments	4.		.00 	.00	.00 
5.	Interest income	5.		.00 	.00	.00 
6a.	Ordinary dividends	6a.		.00 	.00	.00 
7.	Royalties	7.		.00 	.00	.00 
8.	Net short-term capital gain (loss)	8.		.00 	.00	.00 
9a.	Net long-term capital gain (loss)	9a.		.00 	.00	.00 
10.	Net section 1231 gain (loss)	10.		.00 	.00	.00 
11.	Other income (loss): Attach statement.	11.		.00 	.00	.00 
11a.	Subtotal: Add Lines 1 through 11.	11a.		.00 	.00	.00 
12.	Section 179 deduction	12.		.00 	.00	.00 
13.	Other deductions: Attach statement.	13.		.00 	.00	.00 
13a.	Subtotal: Add Line 12 and Line 13.	13a.		.00 	.00	.00 
14.	Total: Subtract Line 13a from Line 11a.	14.		.00 	.00	.00 
15.	Subtractions from Part I, Schedule C, Line 12a	15.		.00 	.00	.00 
16.	Subtotal: Subtract Line 15 from Line 14.	16.		.00 	.00	.00 
17a.	Connecticut PE tax payments deducted in
	calculating income/(loss) for federal purposes 17a. 			.00 	.00	.00 
17b.	Additions from Part I, Schedule C, Line 6a 17b. 			.00 	.00	.00 
18.	Subtotal: Add Lines 16, 17a, and 17b.	18.		.00 	.00	.00 
19.	Net operating loss deduction. Enter as a positive number. See instructions. .................................................................................................................................. 19. 

20.Total: Enter the amount from Line 18 for Columns A, B, and C. Subtract Line 19

from Line 18 for Column D.

20. 

.00 

.00

.00 

.00

Form CT-1065/CT-1120SI (Rev. 12/20)

Page 4 of 9

10651120SI 1220W 04 9999

Part I, Schedule C - PE’s Connecticut

Modifications

Pass-through entity’s Federal Employer Identification Number

	Column B	Column C	Column D
	Column B	Column C	PE’s Connecticut Source
Column A	Modifications Reported on	PE’s Net Modifications	Net Modifications
Column A	Schedule CT K-1s From	(Column A minus	(Apportioned or allocated from
Total Modifications	Subsidiary PE(s)	Column B)	Column C. See instructions.)

1.	Interest on state and local government obligations	1.		.00 	.00	.00 	.00
	other than Connecticut
2.	Mutual fund exempt-interest dividends from
	non-Connecticut state or municipal government	2.		.00 	.00	.00 	.00
	obligations
3.	Certain deductions relating to income exempt from	3.		.00 	.00	.00 	.00
	Connecticut income tax

4.	Section 168(k) federal bonus depreciation allowed	4.		.00 	.00	.00 	.00
	for property placed in service during this year
5.	80% of Section 179 federal deduction	5.		.00 	.00	.00 	.00
6.	Other: Attach statement.	6.		.00 	.00	.00 	.00
6a. Total additions: Add Lines 1 through 6.		6a.		.00 	.00	.00 	.00
7.	Interest on U.S. government obligations	7.		.00 	.00	.00 	.00
8.	Exempt dividends from certain qualifying mutual	8.		.00 	.00	.00 	.00
	funds derived from U.S. government obligations
9.	Certain expenses related to income exempt from	9.		.00 	.00	.00 	.00
	federal income tax but subject to Connecticut tax
10.	25% of Section 168(k) federal bonus depreciation	10.		.00 	.00	.00 	.00
	added back in preceding three years
11.	25% of Section 179 federal deduction	11.		.00 	.00	.00 	.00
	added back in preceding two years
12. Other: Attach statement.		12.		.00 	.00	.00 	.00
12a.Total subtractions: Add Lines 7 through 12.		12a.		.00 	.00	.00 	.00

Part I, Schedule D - Subsidiary PE Information (Attach supplemental attachment(s), if needed)
Only a parent PE must complete this schedule		Column A	Column B	Column C
		Column A	Column B	Column C
		Amount Reported	Amount From	PE Tax Credit Reported
Name of Subsidiary PE	FEIN	on Federal K-1	Connecticut Sources	on Schedule CT K-1, Part III, Line 1

1.   .00  .00  .00

2.   .00  .00  .00

3.   .00  .00  .00

4.   .00  .00  .00

5.   .00  .00  .00

6.	Subtotal(s) from supplemental attachment(s)	6.		.00		.00		.00
7.	Total: Add Lines 1 through 6.	7.		.00		.00		.00

The amount reported on Line 7, Column C should be allocated among the members in Part IX, Column C. Do not report this amount on Part I, Schedule A.

5. 

6. 

7. 

1. 

2. 

3. 

4. 

Form CT-1065/CT-1120SI (Rev. 12/20)

Page 5 of 9

10651120SI 1220W 05 9999

Pass-through entity’s Federal Employer Identification Number

Part II – Allocation and Apportionment of Income (See instructions.)	Column A	Column B
If the PE carries on business only within Connecticut, enter 1.000000 (100%) on Line 8 and leave the other lines blank.
	Connecticut	Everywhere

1. Gross receipts from the sale or disposition of tangible personal property held for sale in the ordinary course of trade or business

2. Gross receipts from services

3. Gross receipts from the rental, lease or license of tangible personal property

4. Gross receipts from the rental, lease or license of intangible property

5.Gross receipts from the sale or disposition of intangible property held for sale in the ordinary course of trade or business

6.Other receipts

7.Total: Add Lines 1 through 6 in Column A and Column B.

8.Apportionment fraction: Divide Line 7, Column A, by Line 7, Column B, and carry to six decimal places.

Part III – Member Information (Attach supplemental attachment(s), if needed.)

See instructions for order in which to list and for member type codes.

	Member	Name, Address, City, State, and ZIP Code		FEIN or SSN	Member
	#	Name, Address, City, State, and ZIP Code		FEIN or SSN
	#			Type Code
					

.00  .00

8. 

Distributive Share %		Capital Ownership %
Enter as a decimal.		Enter as a decimal.
.		.

					.		.
					.		.
					.		.

Form CT-1065/CT-1120SI (Rev. 12/20)

Page 6 of 9

10651120SI 1220W 06 9999

Part IV – PE’s Total Connecticut			Column A
Source Income/(Loss)			Connecticut Source Portion of PE
			Income/(Loss) From PE’s Own Activities
1.	Ordinary business income (loss)	1.	.00
2.	Net rental real estate income (loss)	2.	.00
3.	Other net rental income (loss)	3.	.00
4.	Guaranteed payments	4.	.00
5.	Interest income	5.	.00
6a.	Ordinary dividends	6a.	.00
7.	Royalties	7.	.00
8.	Net short-term capital gain (loss)	8.	.00
9a.	Net long-term capital gain (loss)	9a.	.00
10.	Net section 1231 gain (loss)	10.	.00

11.Other income (loss): Attach statement. 11. .00

12.	Section 179 deduction	12.	.00
13.	Other deductions: Attach statement.	13.	.00

Pass-through entity’s Federal Employer Identification Number

	Column C
Column B	PE’s Total Connecticut
Connecticut Source Portion of Subsidiary	Source Income/(Loss)
PE Income/(Loss)	(Column A plus Column B)
.00	.00
.00	.00
.00	.00
.00	.00
.00	.00
.00	.00
.00	.00
.00	.00
.00	.00
.00	.00
.00	.00
.00	.00
.00	.00

Column A: Report amounts from Part I, Schedule B, Column D. Include modification from Part I, Schedule C, Column D where applicable. See instructions.

Column B: Report this information from Part II of the Schedule CT K-1(s) from subsidiary PE(s).

Form CT-1065/CT-1120SI (Rev. 12/20)

Page 7 of 9

10651120SI 1220W 07 9999

Pass-through entity’s Federal Employer Identification Number

Part V – Member’s Total Share of Connecticut Modifications (Attach supplemental attachment(s), if needed.)

Additions:		Member #: 
Enter all amounts as positive numbers.
1. Interest on state and local government	1.	
obligations other than Connecticut

2.Mutual fund exempt-interest dividends from non-Connecticut state or

municipal government obligations	2.	
3. Certain deductions relating to income	3.	
exempt from Connecticut income tax	3.	

4.Section 168(k) federal bonus depreciation allowed for property

	placed in service during this year	4.	
5.	80% of Section 179 federal deduction	5.	
6.	Other	6.	
	Specify:	6.	

Subtractions: Enter all amounts as positive numbers.

7. Interest on U.S. government	7. 
obligations

8.Exempt dividends from certain qualifying mutual funds derived from

U.S. government obligations

8. 

9.Certain expenses related to income exempt from federal income tax but

	subject to Connecticut tax	9.	
10.	25% of Section 168(k) federal bonus
	depreciation added back in preceding	10.	
	three years	10.	
11.	25% of Section 179 federal deduction	11.	
	added back in preceding two years	11.	
12. Other		12.	
	Specify:	12.	

Member #: Member #: Member #: 

.00 		.00 		.00 		.00
.00 		.00 		.00 		.00
.00		.00		.00		.00
.00		.00		.00		.00
.00		.00		.00		.00
.00		.00		.00		.00

.00 		.00 		.00 		.00
.00 		.00 		.00 		.00
.00		.00		.00		.00
.00		.00		.00		.00
.00		.00		.00		.00
.00		.00		.00		.00

Additional Information Required to be Reported to Nonresident, Noncorporate Members and PE Members

13.Member’s portion of Connecticut PE tax payments deducted in calculating income/(loss) for federal purposes: Enter the member’s distributive share of the amount reported on Part I, Schedule B,

Line 17a, Column A.

13. 

.00 

.00

Form CT-1065/CT-1120SI (Rev. 12/20)

Page 8 of 9

10651120SI 1220W 08 9999

Pass-through entity’s Federal Employer Identification Number

Part VI – Member’s Total Connecticut Source Income/(Loss). (Attach supplemental attachment(s), if needed.)

Enter member’s distributive share of Connecticut			Member #: 		Member #: 		Member #: 		Member #: 
source items from Part IV, Column C.

1.	Ordinary business income (loss)	1.		.00		.00		.00		.00
									
2.	Net rental real estate income (loss)	2.		.00		.00		.00		.00

									
3.	Other net rental income (loss)	3.		.00		.00		.00		.00

									
4.	Guaranteed payments	4.		.00		.00		.00		.00

									
5.	Interest income	5.		.00		.00		.00		.00

									
6a.	Ordinary dividends	6a.		.00		.00		.00		.00

									
7.	Royalties	7.		.00		.00		.00		.00

									
8.	Net short-term capital gain (loss)	8.		.00		.00		.00		.00

									
9a.	Net long-term capital gain (loss)	9a.		.00		.00		.00		.00
									
10.	Net section 1231 gain (loss)	10.		.00		.00		.00		.00

									
11.	Other income (loss): Attach statement. 11.			.00		.00		.00		.00

									
12.	Section 179 deduction	12.		.00		.00		.00		.00

									
13.	Other deductions: Attach statement.	13.		.00		.00		.00		.00

									


Part VII – Connecticut Income Tax Credit Summary
(Attach supplemental attachment(s), if needed.)			Member #: 		Member #: 		Member #: 		Member #: 


1.	Reserved for future use	1.
2.	Reserved for future use	2.
3.	Angel investor tax credit	3.		.00		.00		.00		.00
									
4.	Insurance reinvestment fund tax credit	4.		.00		.00		.00		.00

									
5.	Total credits: Add Line 3 and Line 4.	5.		.00		.00		.00		.00

Form CT-1065/CT-1120SI (Rev. 12/20)

Page 9 of 9

10651120SI 1220W 09 9999

Pass-through entity’s Federal Employer Identification Number

Do not complete Part VIII or Part IX if the PE has made the election to calculate its tax as a combined group on Page 1.

Part VIII – Direct PE Tax Credit Calculation.

1.	Enter the amount of tax from Part I, Schedule A, Line 2a.	1.		.00
2.	Total Direct PE Tax Credit Available to Members: Multiply Line 1 by 87.5% (.875). If Line 1 is zero,
	enter zero (“0”).	2.		.00

Part IX – Allocation of PE Tax Credit to Members. (Attach supplemental attachment(s), if needed.)

Column C

Column D

	Column A	Column B
	Member #	Direct PE Tax Credit
1.		1.
2.		2.
3.		3.
4.		4.
5.		5.
6.		6.
7.		7.
8.		8.
9.		9.
10. Subtotal(s) from supplemental
	attachment(s)	10. 

.00

.00 

Indirect PE Tax Credit From

Subsidiary PE(s)

.00

	Total PE Tax Credit
	(Column B plus Column C)
	.00
	.00
	.00
	.00
	.00
	.00
	.00
	.00
	.00
	.00

11. Total

11. 

.00



.00



.00

Question	Answer
Form Name	Form Ct 1065 Ct 1120Si
Form Length	9 pages
Fillable?	No
Fillable fields	0
Avg. time to fill out	2 min 15 sec
Other names	Connecticuts New Pass-Through Entity TaxWelcome to the Connecticut Department of Revenue Services ...Connecticut Department of Revenue ServicesTaxpayer Service Center - Form CT-1065/CT-1120SI

Form Ct 1065 Ct 1120Si – Fill Out and Use This PDF

Form Ct 1065 Ct 1120Si PDF Details

Form Preview Example

Form Ct 1065 Ct 1120Si isn’t the one you’re looking for?

					.		.
					.		.
					.		.

					.		.
					.		.
					.		.

Form Ct 1065 Ct 1120Si – Fill Out and Use This PDF

Form Ct 1065 Ct 1120Si PDF Details

Form Preview Example

Form Ct 1065 Ct 1120Si isn’t the one you’re looking for?

Related Documents

					.		.
					.		.
					.		.