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  • Ct Op 424

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Department of Revenue Services State of Connecticut Form OP-424 DRS/N Rev. 12/07 Business Entity Tax Return The business entity tax BET is an annual tax of 250 imposed on the following business types S corporations Qualified subchapter S subsidiaries QSSS are not liable for the BET.

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How to fill out the Ct Op 424 online

The Ct Op 424 form is essential for reporting the business entity tax in Connecticut. This guide provides clear, step-by-step instructions on how to complete the form online, ensuring that all necessary information is accurately submitted.

Follow the steps to successfully complete your Ct Op 424 form.

  1. Click ‘Get Form’ button to obtain the form and open it in the editor.
  2. Enter the entity's taxable year in the designated field at the top of the form.
  3. Provide the Connecticut Tax Registration Number in the specified section.
  4. Input the Federal Employer Identification Number in the relevant field.
  5. Fill in the Connecticut Secretary of State Identification Number as required.
  6. Indicate the total amount due by adding the business entity tax amount of $250, and if applicable, enter any penalties or interest.
  7. Complete the name and address section by printing or typing your information clearly.
  8. Sign and date the form in the provided spaces, ensuring all required declarations are confirmed.
  9. Once all sections are completed, save your changes and proceed to download, print, or share the form as needed.

Get started by completing the Ct Op 424 form online today.

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Connecticut LLC Annual Report Fee ($80/year) You simply confirm the information (like your business address and registered agent name) on the Annual Report, file it with the Connecticut Secretary of State, and pay the Annual Report fee. The Connecticut LLC Annual Report costs $80 per year.

The business entity tax costs $250 and is due every two years.

If you are a resident and you meet the requirements for Who Must File a Connecticut Resident Return for the taxable year, you must file Form CT-1040, Connecticut Resident Income Tax Return.

Connecticut Annual Report Due Dates and Fees Connecticut Annual Report Fee ScheduleBusiness TypeCostHow to FileCorporations$150OnlineForeign Corporations$435OnlineLimited Liability Companies (LLCs) – foreign and domestic$80Online3 more rows

LLC members must pay personal income tax on their earnings at the federal self-employment tax rate of 15.3% (12.4% for social security and 2.9% for Medicare).

Business Entity Tax Return. An entity is liable for the BET until it ceases to transact business in Connecticut and officially dissolves/withdraws with the Connecticut Secretary of the State.

Once formed, you will need to maintain your LLC to remain in good standing. This will require you to file an annual report, which is due each year at the end of the month in which your LLC was originally formed. The fee to do so is $20. Stay up-to-date with your taxes, including a biennial tax of $250.

Connecticut law requires annual report filings for all corporations, nonstock corporations, limited liability companies, limited liability partnerships and limited partnerships.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate WorkFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232