Form Ct-1120 Njc - New Jobs Creation Tax Credit

Department of Revenue Services

2009

Form CT-1120 NJC

State of Connecticut

New Jobs Creation Tax Credit

(Rev. 12/09)

For Income Year Beginning: _______________________ , 2009 and Ending: ________________________ , _________ .

Connecticut Tax Registration Number

Corporation name

Complete this form in blue or black ink only.

Deﬁ nitions

Use Form CT-1120 NJC to claim the credit allowed under

New job is deﬁ ned as a job which did not exist prior to

Conn. Gen. Stat. §12-217ii for the creation of new jobs. This

the application and which is ﬁ lled by a person hired by the

credit is available to any taxpayer subject to the tax under

taxpayer to ﬁ ll a job which requires at least 35 or more hours

Conn. Gen. Stat. §12-202 (insurance premiums tax), Chapter

per week, and which is not temporary or seasonal.

208 (corporation business tax), or Chapter 212 (utility

Additional Information

companies tax) of the Connecticut General Statutes.

The credit is administered by the Commissioner of the

Contact DECD, 505 Hudson Street, Hartford CT 06106, at

Department of Economic and Community Development

860-270-8045; see Informational Publication 2007(31),

Guide to Connecticut Business Tax Credits; or contact

(DECD). To be entitled to claim the credit, an application

for an eligibility certiﬁ cate must be submitted to DECD and

the Department of Revenue Services, Taxpayer Services

Division at 1-800-382-9463 (Connecticut calls outside the

a certiﬁ cate reﬂ ecting the amount of the available credit

must have been issued by DECD. Attach this form to Form

Greater Hartford calling area only) or 860-297-5962 (from

CT-1120K, Business Tax Credit Summary.

anywhere).

The tax credit is claimed in the income year in which it is

earned and any credits not used in the tax year expire.

This tax credit contains a recapture provision. DECD will

notify the taxpayer in the event that the recapture provision

is triggered.

Credit Computation

Enter the Certiﬁ cate of Eligibility number issued

by the Commissioner of DECD for the 2009 income year: _________________________________________

Enter the amount of tax credit certiﬁ ed for the 2009 income year as reﬂ ected on the

certiﬁ cate of eligibility issued by the Commissioner of DECD. Enter also on

Form CT-1120K, Part I-C, Line 14, Column A.

Form Ct-1120 Njc - New Jobs Creation Tax Credit - 2009

Related Articles

Related forms

Related Categories