Connecticut Apprenticeship Training Tax Credit
Extracted from PDF file 2019-connecticut-form-ct-1120-at.pdf, last modified October 2019
Apprenticeship Training Tax CreditDepartment of Revenue Services State of Connecticut 2019 Form CT-1120AT Apprenticeship Training Tax Credit (Rev. 12/19) For Income Year Beginning:________________________ , 2019 and Ending:_________________________ ,__________ . Connecticut Tax Registration Number Corporation name Complete this form in blue or black ink only. Do not use staples. Please note that each form is year specific. The correct year’s form must be used. Use Form CT‑1120AT to claim the credit available under Conn. Gen. Stat. § 12-217g. The Apprenticeship Training tax credit is administered by the Connecticut Department of Labor (DOL) and may not be claimed until DOL issues a tax credit certification letter indicating the amount of the available tax credit. Assignment S Corporations, limited liability companies, limited liability partnerships, and limited partnerships may earn and assign the credit for apprenticeships in manufacturing trades. Apprenticeship Training tax credits earned in manufacturing trades may be applied against the Corporation Business Tax (Chapter 208), Utility Companies Tax (Chapter 212), and Petroleum Gross Earnings Tax (Chapter 227). Credits allowed may not be sold, transferred, or assigned more than three times. A corporation that earns a credit may not assign the credit to another corporation. Only credits earned for the manufacturing portion of the Apprenticeship Training tax credit may be assigned, and not for the plastics and construction trades portions. An assignee must claim the credit in the same year that the assignor would have been eligible to claim the credit. Additional Information See the Guide to Connecticut Business Tax Credits available on the Department of Revenue Services (DRS) website at portal.ct.gov/DRS, or contact DOL at Connecticut Department of Labor, Office of Apprenticeship Training, 200 Folly Brook Boulevard, Wethersfield, CT 06109 or 860-263-6085. Part I - Credit Computation Amount of Apprenticeship Training tax credit claimed as listed on the tax credit certification letter 1. issued by the DOL or the amount received by assignment. Enter here and on Form CT-1120K, Part I-B, Column A. 1. The Apprenticeship Training tax credit is being claimed by: Entity hiring apprentices An assignee Type of apprenticeship: Manufacturing trades Plastic trades Construction trades If credit is being claimed by an assignee, enter the name and Connecticut Tax Registration Number (if available) of the assignor below. Only the portion of the credit attributable to manufacturing trades may be assigned. Initial owner Second assignor Third assignor Owner/Assignor’s Name Assignor’s Connecticut Tax Registration Number
Form CT-1120 AT
More about the Connecticut Form CT-1120 AT Corporate Income Tax Tax Credit
We last updated the Apprenticeship Training Tax Credit in March 2020, and the latest form we have available is for tax year 2019. This means that we don't yet have the updated form for the current tax year. Please check this page regularly, as we will post the updated form as soon as it is released by the Connecticut Department of Revenue Services. You can print other Connecticut tax forms here.
Related Connecticut Corporate Income Tax Forms:
|Form Code||Form Name|
|Form CT-1120 CC||Authorization and Consent to be Included in a Combined Return|
|Form CT-1120 RDC||Research and Development Credit|
|Form CT-1120 A-LP||Corporation Business Tax Return Apportionment of Limited Partnership Interests|
|Form CT-1120 SBJ||Small Business Job Creation Tax Credit|
|Form CT-1120||Corporation Business Tax Return|
|Form CT-1120 A-IRIC||Corporation Business Tax Return Approtionment Computation of Income From Services to Regulated Investment Companies|
|Form CT-1120 DA||Digital Animation Tax Credit|
|Form CT-1120 DL||Donation of Land Credit|
|Form CT-1120 MEC||Machinery and Equipment Expenditure Credit|
|Form CT-1120 XCH||Application for Exchange of Research and Development or Research and Experimental Expenditures Tax Credits by a Qualified Small Business|
Connecticut usually releases forms for the current tax year between January and April. We last updated Connecticut Form CT-1120 AT from the Department of Revenue Services in March 2020.
Form CT-1120 AT is a Connecticut Corporate Income Tax form. States often have dozens of even hundreds of various tax credits, which, unlike deductions, provide a dollar-for-dollar reduction of tax liability. Some common tax credits apply to many taxpayers, while others only apply to extremely specific situations. In most cases, you will have to provide evidence to show that you are eligible for the tax credit, and calculate the amount of the credit to which you are entitled.
About the Corporate Income Tax
The IRS and most states require corporations to file an income tax return, with the exact filing requirements depending on the type of company.
Sole proprietorships or disregarded entities like LLCs are filed on Schedule C (or the state equivalent) of the owner's personal income tax return, flow-through entities like S Corporations or Partnerships are generally required to file an informational return equivilent to the IRS Form 1120S or Form 1065, and full corporations must file the equivalent of federal Form 1120 (and, unlike flow-through corporations, are often subject to a corporate tax liability).
Additional forms are available for a wide variety of specific entities and transactions including fiduciaries, nonprofits, and companies involved in other specific types of business.
Historical Past-Year Versions of Connecticut Form CT-1120 AT
We have a total of four past-year versions of Form CT-1120 AT in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:
CT-1120AT, 2016 Apprenticeship Training Tax Credit
CT-1120AT, 2015 Apprenticeship Training Tax Credit
While we do our best to keep our list of Connecticut Income Tax Forms up to date and complete, we cannot be held liable for errors or omissions. Is the form on this page out-of-date or not working? Please let us know and we will fix it ASAP.