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This version of the form is not currently in use and is provided for reference only. Download this version of
Schedule CT-CHET
for the current year.
Schedule CT-CHET Connecticut Higher Education Trust (Chet) 529 College Savings Plan Contribution - Connecticut
What Is Schedule CT-CHET?
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 the Connecticut Higher Education Trust (Chet) 529 College Savings Plan?
A: The Connecticut Higher Education Trust (Chet) 529 College Savings Plan is a tax-advantaged savings plan designed to help families save for education expenses.
Q: What can the funds from the Chet 529 College Savings Plan be used for?
A: The funds from the Chet 529 College Savings Plan can be used for qualified higher education expenses, including tuition, fees, books, supplies, and room and board.
Q: What are the tax advantages of the Chet 529 College Savings Plan?
A: Contributions to the Chet 529 College Savings Plan may be deductible on your Connecticut state income tax return, and the earnings on the investments are not subject to federal or state income tax when used for qualified educational expenses.
Q: Who can contribute to a Chet 529 College Savings Plan?
A: Anyone, including parents, grandparents, other family members, and friends, can contribute to a Chet 529 College Savings Plan.
Q: Are there any contribution limits for the Chet 529 College Savings Plan?
A: Yes, there is a maximum contribution limit per beneficiary, which is set by the Plan. The current limit is $375,000 per beneficiary.
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 Schedule CT-CHET by clicking the link below or browse more documents and templates provided by the Connecticut Department of Revenue Services.
Download Schedule CT-CHET Connecticut Higher Education Trust (Chet) 529 College Savings Plan Contribution - Connecticut
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