Form CT-1127 Application for Extension of Time for Payment of Income Tax - Connecticut

What Is Form CT-1127?

This is a legal form that was released by the Connecticut Department of Revenue Services - a government authority operating within Connecticut. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form CT-1127?
A: Form CT-1127 is an Application for Extension of Time for Payment of Income Tax in Connecticut.

Q: Who can use Form CT-1127?
A: Individuals and businesses in Connecticut who need additional time to pay their income tax can use Form CT-1127.

Q: What is the purpose of Form CT-1127?
A: The purpose of Form CT-1127 is to request an extension of time to pay income tax owed to the state of Connecticut.

Q: What information is required on Form CT-1127?
A: Form CT-1127 requires basic information such as the taxpayer's name, address, Social Security number or taxpayer ID number, and the amount of tax owed.

Q: When should Form CT-1127 be filed?
A: Form CT-1127 should be filed on or before the original due date of the tax return, which is April 15th for individuals and March 15th for businesses.

Q: What happens after filing Form CT-1127?
A: After filing Form CT-1127, the taxpayer will be notified by the Connecticut Department of Revenue Services if the extension request is approved. If approved, the taxpayer will be granted additional time to pay the tax owed.

Q: Is there a penalty for late payment of income tax in Connecticut?
A: Yes, there is a penalty for late payment of income tax in Connecticut. The penalty is based on a percentage of the unpaid tax amount and accrues interest over time.