Form Ct-1120 Sba Draft - Small Business Administration Guaranty Fee Tax Credit - 2014
ADVERTISEMENT
12014
Department of Revenue Services
Form CT-1120 SBA
State of Connecticut
Small Business Administration Guaranty Fee Tax Credit
(Rev. 12/14)
For Income Year Beginning: _______________________ ,
2014
and Ending: ________________________ , _________ .
Corporation name
Connecticut Tax Registration Number
Complete this form in blue or black ink only.
The Small Business Administration Guaranty Fee tax credit available under Conn. Gen. Stat. §12-217cc
was repealed for income years beginning on or after January 1, 2014.
Use Form CT-1120 SBA to claim the carryover credit under that provision for payments made in prior periods by
a small business to the federal Small Business Administration as a guaranty fee to obtain guaranteed financing.
Attach it to Form CT-1120K, Business Tax Credit Summary.
Part
I
– Computation of Carryforward
Credit may be carried forward to four succeeding income years.
See instructions below.
A
B
C
D
E
Total
Credit
Carryforward to
2014
Credit
Carryforward
Credit
Applied
Subtract Column B
Applied to
to
2015
Earned
2010
Through
2013
from Column A.
2014
2010
Small Business Administration
1.
Guaranty Fee tax credit from
2010
Form CT-1120 SBA, Part I.
2011
Small Business Administration
2.
Guaranty Fee tax credit from
2011
Form CT-1120 SBA, Part I.
2012
Small Business Administration
3.
Guaranty Fee tax credit from
2012
Form CT-1120 SBA, Part I.
2013
Small Business Administration
4.
Guaranty Fee tax credit from
2013
Form CT-1120 SBA, Part I.
Total Small Business Administration Guaranty Fee tax credit applied to 2014:
5.
Add Lines 1 through 4, Column D. Enter here and on Form CT-1120K, Part I-C, Column C.
Total Small Business Administration Guaranty Fee Tax Credit Carryforward to 2015: Add Lines 2 through 4,
6.
Column E. Enter here and on Form CT-1120K, Part I-C, Column E.
Computation of Carryforward Instructions
Lines 1 through 4, Columns A through D - Enter the amount for each corresponding year.
Lines 2 through 4, Column E - Subtract Column D from Column C.
Line 6, Column E -
Add Lines 2 through
4.
P:\Special\AFP\PROD\FORMS\14\CT\CT-1120 SBA\CT-1120 SBA 20140805.indd 20140805
ADVERTISEMENT
0 votes
Related Articles
Related forms
Related Categories
Parent category: Financial