Form CT-1120RC Research and Experimental Expenditures Tax Credit - Connecticut

What Is Form CT-1120RC?

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-1120RC?
A: Form CT-1120RC is the form used to claim the Research and Experimental Expenditures Tax Credit in Connecticut.

Q: What is the Research and Experimental Expenditures Tax Credit?
A: The Research and Experimental Expenditures Tax Credit is a credit that businesses in Connecticut can claim for qualifying research expenses.

Q: Who is eligible to claim the Research and Experimental Expenditures Tax Credit?
A: Businesses that have incurred qualifying research expenses in Connecticut may be eligible to claim the credit.

Q: What are qualifying research expenses?
A: Qualifying research expenses include expenses related to the development or improvement of products, processes, or software through technological research or experimentation.

Q: How do I file Form CT-1120RC?
A: Form CT-1120RC is filed along with the Connecticut corporation business tax return (Form CT-1120) or the combined unitary corporation business tax return (Form CT-1120CU).