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This version of the form is not currently in use and is provided for reference only. Download this version of
Form CT-1120 RDC
for the current year.
Form CT-1120 RDC Research and Development Expenditures Tax Credit - Connecticut
What Is Form CT-1120 RDC?
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 RDC?
A: Form CT-1120 RDC is a tax form used in Connecticut to claim the Research and Development Expenditures Tax Credit.
Q: What is the RDC Research and Development Expenditures Tax Credit?
A: The RDC Research and Development Expenditures Tax Credit is a credit offered by Connecticut for businesses that incur qualified research and development expenses.
Q: Who is eligible to claim the RDC tax credit?
A: Businesses that incur qualified research and development expenses in Connecticut are eligible to claim the RDC tax credit.
Q: What expenses qualify for the RDC tax credit?
A: Qualified research and development expenses include wages, supplies, and certain overhead costs directly related to research and development activities.
Q: How is the RDC tax credit calculated?
A: The RDC tax credit is calculated as a percentage of qualified research and development expenses.
Q: How can I claim the RDC tax credit?
A: To claim the RDC tax credit, businesses must complete and file Form CT-1120 RDC with their Connecticut tax return.
Q: Are there any limitations or restrictions on the RDC tax credit?
A: Yes, there are certain limitations and restrictions on the RDC tax credit, including a maximum credit amount and carryforward provisions.
Form Details:
- Released on December 1, 2020;
- 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 RDC by clicking the link below or browse more documents and templates provided by the Connecticut Department of Revenue Services.
Download Form CT-1120 RDC Research and Development Expenditures Tax Credit - Connecticut
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