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Department of Revenue Services

2013 - 2014

Form OP-424 (DRS/N)

State of Connecticut

(Rev. 01/15)

Business Entity Tax Return

An entity is liable for the BET until it ceases to transact business in Connecticut and ofﬁ cially

dissolves/withdraws with the Connecticut Secretary of the State. An entity is also liable for the BET for the

taxable period in which it ofﬁ cially dissolves/withdraws with the Connecticut Secretary of the State.

Business Entity Tax

An entity is liable for the BET until it ceases to transact business in

Connecticut and ofﬁ cially dissolves/withdraws with the Connecticut

The Business Entity Tax (BET) is a $250 tax due every other taxable year

Secretary of the State. An entity is also liable for the BET for the taxable

and is imposed on the following business types:

period in which it ofﬁ cially dissolves/withdraws with the Connecticut

•

S corporations (Qualiﬁ ed subchapter S subsidiaries (QSSS) are not

Secretary of State.

liable for the BET.);

Visit the Connecticut Department of Revenue Services (DRS) website at

•

Limited liability companies (LLCs or SMLLCs) that are, for federal

for additional information regarding the BET.

income tax purposes, either:

Required Information

•

Treated as a partnership, if it has two or more members; or

•

Disregarded as an entity separate from its owner, if it has a single

At the top of the Form OP-424 (below), enter the entity’s taxable period,

member;

Connecticut Tax Registration Number, Federal Employer Identiﬁ cation

Number (FEIN), and Connecticut Secretary of the State Business

•

Limited liability partnerships (LLPs); and

Identiﬁ cation Number.

•

Limited partnerships (LPs).

Due Date

The BET applies to those business types listed above if the entity was:

The BET must be paid on or before the ﬁ fteenth day of the fourth month

1. Formed under Connecticut law; or

(April 15 for calendar year ﬁ lers) following the close of every other

2. Not formed under Connecticut law but is required to register with or

taxable year of the entity. An entity’s taxable year is its taxable year for

obtain a certiﬁ cate of authority from the Connecticut Secretary of the

federal income tax purposes. See Special Notice 2013(1), Legislative

State before transacting business in the state (regardless of whether or

Changes to the Business Entity Tax, for more information regarding the

not the entities have complied with the requirement).

due date for ﬁ scal and annual ﬁ lers. If the due date falls on a Saturday,

Sunday, or legal holiday, the return will be considered timely if ﬁ led by

the next business day.

Instructions continued on back.

File Electronically

DRS encourages electronic ﬁ ling and paying of Form OP-424 through the DRS Taxpayer Service Center (TSC).

The TSC is secure, free, and easy.

File your Business Entity Tax return using the TSC by either:

1. Logging into your TSC account; or

2. Visit the DRS website at and select File Business Entity Tax and follow the prompts and instructions.

To pay electronically, have your check routing number and account number available.

The TSC allows you to electronically ﬁ le, pay, and manage state tax responsibilities.



Detach and return bottom portion.

Form OP-424 (DRS/N) – Business Entity Tax Return

2013 - 2014

State of Connecticut

(Rev. 01/15)

For taxable period ending

Connecticut Tax Registration Number Federal Employer ID Number

Secretary of State Business ID

DRS use only

–

– 20







Check if this is a ﬁ nal return.

$250 00

1. Business entity tax



Check if the entity has been dissolved/withdrawn with the CT Secretary of the State.



 2.

Check if changing status (example S Corporation to a C Corporation).

2. If late: Enter penalty. See Penalty above.



Declaration: I declare under penalty of law that I have examined this return and, to

 3.

the best of my knowledge and belief, it is true, complete, and correct. I understand

3. If late: Enter interest. See Interest above.



the penalty for willfully delivering a false return or document to DRS is a ﬁ ne of not

more than $5,000, imprisonment for not more than ﬁ ve years, or both.

 4.

4. Total amount due: Add Lines 1, 2, and 3.



Visit to ﬁ le and pay Form OP-424 using the TSC.

Sign here __________________________________ Date __________________

Mail to: Department of Revenue Services

Enter business name and address. Please print or type.

State of Connecticut

PO Box 2936

Business name

Hartford CT 06104-2936

Address

Number and street

PO Box

City or town

State

ZIP code

Form Op-424 (Drs/n) - Business Entity Tax Return - Connecticut Department Of Revenue - 2013-2014

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