Form Ct-2210 - Underpayment Of Estimated Income Tax By Individuals, Trusts, And Estates - 2012
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8Department of Revenue Services
2012
Form CT-2210
State of Connecticut
(Rev. 12/12)
Underpayment of Estimated Income Tax by Individuals, Trusts, and Estates
Your fi rst name and middle initial
Last name (as shown on your income tax return)
Your Social Security Number
__ __ __
__ __ __ __ __ __
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• •
• •
Spouse’s Social Security Number
If a joint return, spouse’s fi rst name and middle initial
Last name
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• •
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Name of estate or trust
Fiduciary’s name
Federal Employer Identifi cation Number
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Purpose: Filers of Forms CT-1040, CT-1040NR/PY, and CT-1041 who
A taxpayer who fi les his or her income tax return for the taxable year on or
underpaid their estimated Connecticut income tax may use this form to
before January 31, 2013, and pays the total amount computed on the return
calculate the amount of interest due or to lower or eliminate interest that
as payable for the taxable year, does not have to pay the January 15, 2013,
would otherwise apply.
estimate and will not incur interest on the underpayment of estimated
income tax for the fourth required installment. Do not complete Schedule B,
My Taxes Are Underpaid: In general, if you do not make timely
Worksheet D.
installments of your required annual payment and your Connecticut income
tax (after tax credits) minus Connecticut income tax withheld is $1,000 or
Farmers or fi shermen who fi le Forms CT-1040, CT-1040NR/PY, or CT-1041
more, you will be charged interest on the underpaid amount. You are not
for the taxable year on or before March 1, 2013, and pay the total amount
subject to interest on the underpayment if the income tax shown on your
computed on the return as payable for the taxable year, do not have to pay
2012 Connecticut income tax return minus Connecticut income tax withheld
the January 15, 2013, estimate, which is the only estimate required, and
is less than $1,000.
will not incur interest on the underpayment of estimated income tax. See
Special Rules for Farmers and Fishermen on Page 5.
Your required annual payment is the lesser of:
Name and Identifying Number
• 90% of the income tax shown on your 2012 Connecticut income tax
Individuals: Enter in the space provided at the top of the form your name and
return; or
Social Security Number (SSN) as it appears on your Connecticut income tax
• 100% of the income tax shown on your 2011 Connecticut income tax return
return. If you fi led a joint return, also enter your spouse’s name and SSN.
if you fi led a 2011 Connecticut income tax return that covered a 12-month
period.
Trusts and Estates: Enter the name of the trust or estate and the name
of the fi duciary as it appears on Form CT-1041 in the space provided at the
If either of the following applies to you, you are not subject to interest on
top of the form. Also enter the Federal Employer Identifi cation Number of
the underpayment. You must check Box F or G in Part I below and attach
the trust or estate.
this page to your Connecticut income tax return:
Generally, the rules above also apply in determining whether a Connecticut
• You were a Connecticut resident during the 2011 taxable year and did not
resident trust or estate, a nonresident trust or estate, or a part-year resident
fi le a 2011 Connecticut income tax return because you had no Connecticut
trust has made the required annual payment.
income tax liability; or
• You were a part-year resident or nonresident with Connecticut-sourced
Except as provided below, a trust created in 2012 must use 90% of the income
income during the 2011 taxable year but did not fi le a 2011 Connecticut
tax shown on the 2012 Form CT-1041, Connecticut Income Tax Return for
income tax return because you had no Connecticut income tax liability.
Trusts and Estates, as the required annual payment.
If you were a Connecticut part-year resident or nonresident in 2011 and you
Exceptions
did not have Connecticut-sourced income during the 2011 taxable year, you
Decedent’s Estates: For any taxable year ending before the date that is two
must use 90% of the income tax shown on your 2012 Connecticut income
years after a decedent’s death, the decedent’s estate is not required to make
tax return as your required annual payment.
estimated payments and no underpayment interest will be charged.
Interest: You may be charged interest if you did not pay enough tax through
Certain Grantor Trusts: For any taxable year ending before the date that is
withholding, estimated tax, or both, by any installment due date. This is
two years after a decedent’s death, a trust is not required to make estimated
true even if you are due a refund when you fi le your tax return. Interest is
payments and no underpayment interest will be charged if:
calculated separately for each installment. Therefore, you may owe interest
• The trust was created under IRC §§671 through 679, inclusive, as owned
for an earlier installment even if you paid enough tax later to make up the
by the decedent and will receive the residue of the decedent’s estate
underpayment. Overpayment of any estimated tax will be credited against
under the will; or
any future installment.
• If no will is admitted to probate, the trust is primarily responsible for paying
Interest on the underpayment of estimated income tax, at 1% per month or
debts, taxes, and expenses of administration.
fraction of a month, will continue to accrue until the earlier of April 15, 2013,
or the date on which the underpayment is paid.
Part I – Reasons For Filing
If one of the following boxes applies to you, you may be able to reduce or eliminate interest charges that would otherwise accrue if we calculated
the interest for you. You must check the box that applies and fi le this form with your tax return.
Check the boxes that apply. See instructions.
A. Your income varied during the year and your interest is reduced or eliminated when computed using the annualized income installment method.
B. Your required annual payment is based on the tax shown on your 2011 Connecticut income tax return and you fi led or are fi ling a joint
return for either 2011 or 2012, but not for both years.
C. Your interest is lower by treating your Connecticut income tax withheld from your income as paid on the dates it was actually withheld instead
of in equal amounts on the payment due dates.
D. You are a farmer or fi sherman as defi ned in IRC §6654(i)(2). See instructions on Page 5.
E. You cannot use the prior year tax liability as a basis for your required annual payment. See instructions on Page 5.
F. You were a Connecticut resident during the entire 2011 taxable year and you did not fi le a 2011 Connecticut income tax return because
you did not have a Connecticut income tax liability.
G. You were a part-year resident or nonresident of Connecticut during the 2011 taxable year and you had Connecticut-sourced income in 2011,
but you did not fi le a 2011 Connecticut income tax return because you did not have a Connecticut income tax liability.
Complete Form CT-2210 in blue or black ink only. If you checked any of these boxes, also be sure to check the box for Form CT-2210 on the
front page of your Connecticut income tax return and attach this form to the back of the return.
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