Get Form Ct-1120a-mfg

Filling out the Form CT-1120A-MFG, which is used for corporation business tax apportionment computation for manufacturing companies, can seem daunting. This guide provides a step-by-step overview to help users navigate the online completion of this important document.

Follow the steps to complete the Form CT-1120A-MFG online effectively.

1. Click the ‘Get Form’ button to access the form and launch it in an online editor.
2. Begin by entering the income year information: input the starting and ending dates at the top of the form. Ensure the corporation name and Connecticut Tax Registration Number are filled in accurately.
3. Proceed to the receipts factor apportionment section. Here, you will input the various types of receipts generated by your corporation. Be sure to record receipts from sales, services, interest, rents, royalties, and any net gains from the sale of tangible and intangible assets. If any amount is less than zero, input '0'.
4. Calculate the total receipts for both Column A (Connecticut) and Column B (Everywhere) by summing the values from Lines 1 through 7. Enter these totals in Line 8 of their respective columns.
5. Next, calculate the receipts apportionment fraction by dividing the total from Column A (Line 8) by the total from Column B (Line 8). Ensure the result is shown to six decimal places. This figure should also be transferred to Form CT-1120, Schedule A, Line 2.
6. If applicable, check the box for the Government Contractor Election if your corporation meets the 75% requirement of gross receipts from tangible personal property sold directly to the U.S. government.
7. Review all entries for accuracy. Once satisfied with the information provided, you can save your changes, download, print, or share the completed form as needed.

Complete your Form CT-1120A-MFG online today for a smooth filing process.