Get Form Uct - 212 Edc - The State Of Connecticut Website

This guide provides comprehensive, step-by-step instructions on how to complete the Form UCT - 212 EDC for electric distribution companies online. Users of all levels can confidently fill out this important tax return with the help of this guide.

Follow the steps to accurately complete your Form UCT - 212 EDC online.

1. Press the 'Get Form' button to access the form and open it in the online editor.
2. Enter the name of the company in the designated field at the top of the form.
3. Provide the Connecticut Tax Registration Number, ensuring it is accurate.
4. Fill in the taxpayer's address, including number and street, PO Box (if applicable), city, state, and ZIP Code.
5. Specify the calendar quarter ended by entering the appropriate date.
6. Input the Federal Employer ID Number (FEIN) in the designated field.
7. Indicate if this is an amended return or if an address change is being reported by checking the corresponding box.
8. Enter the income derived from electric transmission or distribution services allocable to residential service in Line 1.
9. Continue by entering values for Lines 2 through 5 as specified for competitive transition assessments and various charges allocable to residential services.
10. Sum up the amounts from Lines 1 to 5 and enter the total in Line 6.
11. Multiply the total from Line 6 by 6.8% and enter the result in Line 7.
12. For income allocable to other than residential service, repeat a similar process from Lines 8 through 14, entering figures as required.
13. Add the calculated amounts from Line 10 through Line 14 and enter the result in Line 15.
14. Then, multiply the total in Line 15 by 8.5% and enter this value in Line 16.
15. Combine the total from Line 7 and Line 16 for Line 17.
16. Attach any relevant tax credits using Form CT-1120K and enter the amount in Line 18.
17. Calculate the tax due by subtracting Line 18 from Line 17; enter the result in Line 19.
18. If applicable, enter any penalty or interest in Lines 20 and 21 respectively.
19. Calculate the total amount due by adding Lines 19, 20, and 21 together and enter in Line 22.
20. Sign and date the form, ensuring all details are filled out accurately.
21. Finally, review the form and save your changes. Proceed to download, print, or share the completed form as required.

Complete your Form UCT - 212 EDC online today to ensure timely filing and compliance.