Get Ct-1120x, 2014 Amended Corporation Business Tax Return - Ct

Filing tax returns can be a complex process, especially when it comes to amendments. This guide will provide you with clear and detailed instructions on how to complete the CT-1120X, the amended corporation business tax return for the year 2014, online.

Follow the steps to properly complete the CT-1120X form.

1. Click ‘Get Form’ button to obtain the CT-1120X form and open it for editing.
2. Enter the income year details. Fill in the beginning and ending dates for the income year using the provided lines.
3. Input the corporation's name, address, and Connecticut tax registration number in the specified fields.
4. Indicate whether the return is currently under audit by checking the appropriate box.
5. Select the type of return being amended (either CT-1120 or CT-1120U) and reason for amendment by checking the corresponding boxes.
6. Complete Schedule A by calculating the net income, apportionment fraction, Connecticut net income, operating loss carryover, and the tax amount. Ensure to enter each computed value in the correct section.
7. Proceed to Schedule B to compute the minimum tax based on the corporate business tax calculations. Follow the prompts to determine the minimum tax due.
8. Fill out Schedule C for the total tax calculations, including any surtax due and recapture of tax credits.
9. Complete Schedule D by entering details related to your federal taxable income and any adjustments that may apply.
10. Review all entries for accuracy. Make sure to explain any changes in the space provided and attach necessary additional schedules if required.
11. Once all information is completed, save your changes, and choose to download, print, or share the completed form as needed.

Complete your CT-1120X form online today to ensure timely and accurate filing.