PDF
Word
This version of the form is not currently in use and is provided for reference only. Download this version of
Form CT-1120 HPC
for the current year.
Form CT-1120 HPC Housing Program Contribution Tax Credit - Connecticut
What Is Form CT-1120 HPC?
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-1120 HPC Housing Program Contribution Tax Credit?
A: Form CT-1120 HPC is a tax form used in Connecticut to claim the Housing Program Contribution Tax Credit.
Q: Who can use Form CT-1120 HPC?
A: Individuals or businesses that have made qualified contributions to affordable housing programs in Connecticut can use this form.
Q: What is the purpose of the Housing Program Contribution Tax Credit?
A: The purpose of this tax credit is to incentivize individuals and businesses to contribute to affordable housing programs in Connecticut.
Q: What qualifies as a qualified contribution?
A: Qualified contributions include cash, property, or services provided to eligible affordable housing programs in Connecticut.
Q: What is the process to claim the Housing Program Contribution Tax Credit?
A: To claim the tax credit, individuals or businesses need to complete Form CT-1120 HPC and attach it to their Connecticut income tax return.
Q: What is the benefit of claiming this tax credit?
A: Claiming the Housing Program Contribution Tax Credit can reduce the amount of taxes owed to the state of Connecticut.
Q: Are there any limitations or restrictions on this tax credit?
A: Yes, there are limitations on the amount of credit that can be claimed, as well as specific requirements for eligible affordable housing programs.
Form Details:
- Released on December 1, 2021;
- The latest edition provided by the Connecticut Department of Revenue Services;
- Easy to use and ready to print;
- Quick to customize;
- Compatible with most PDF-viewing applications;
- Fill out the form in our online filing application.
Download a printable version of Form CT-1120 HPC by clicking the link below or browse more documents and templates provided by the Connecticut Department of Revenue Services.
