Get Form Ct-611.1

Filling out Form CT-611.1 is an important task for those claiming the brownfield redevelopment tax credit for qualified sites accepted into the Brownfield Cleanup Program after June 23, 2008. This guide will provide you with clear instructions to complete the form online, ensuring a smooth process.

Follow the steps to complete Form CT-611.1 online

1. Click the ‘Get Form’ button to access and open the form online.
2. Enter the tax period details, specifying the beginning and ending dates for the tax period.
3. Provide the legal name of the corporation filing the franchise tax return and include the employer identification number (EIN).
4. Indicate whether the Department of Environmental Conservation (DEC) accepted the site into the Brownfield Cleanup Program on or after June 23, 2008 by selecting ‘Yes’ or ‘No’.
5. If you answered ‘Yes’, complete the rest of the form, including the date of execution of the Brownfield Cleanup Agreement (BCA).
6. In Schedule A, input the identifying details of the brownfield site as listed on the Certificate of Completion (COC) issued by the DEC, and be sure to attach a copy of the COC.
7. Complete the information regarding the site location, DEC region, and the Division of Environmental Remediation (DER) site number.
8. Respond to the questions about whether the qualified site is in an environmental zone and whether there are multiple taxpayers claiming a credit.
9. Proceed to Schedule B to detail the site preparation credit component, including descriptions of costs and dates incurred.
10. Follow this with Schedule C, providing information on groundwater remediation costs.
11. Continue with Schedule D to enter details on tangible property credits.
12. If applicable, complete Schedule E for any recapture of credit taken in previous tax years.
13. Summarize all applicable credits in the credit summary section.
14. Once all fields are completed, review your entries for accuracy.
15. Finally, save your changes, and choose to download, print, or share the completed form as needed.

Complete your Form CT-611.1 online today to claim your brownfield redevelopment tax credit!