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Form 1040 - Schedule M for Waterbury Connecticut: What You Should Know

Tax Assistance — CT.gov Connecticut Department of Revenue Services. Tax Assistance Center; Preparing Tax Returns; Tax Assistance; Tax Filing; Preparing Taxes for the Federal Tax Administration (FTA); Tax-Refund; Credit; Business Tax Returns; Preparing Taxes for the State Tax Administration (STA); Tax-Refund, Credit, and Business Tax Issues. Tax-Exempt Interest — CT.gov Tax Free Business Income (FBB ITS); IRS.gov; Tax Free Business Interest (TIDBITS); Preparing Income Tax Returns; Preparing Federal Tax Returns; Tax Refund Advice; Preparing U.S. and Foreign Income Tax Returns. Tax Free Insurance Income (TF IIS); Preparing Non-Profit Insurance Income; IRS.gov; Preparing Insurance Income Tax Returns; Working With Tax-Exempt Organizations and the Government. If you're a resident of  Connecticut and choose to file Form 968, New Resident Tax Return with additional tax due, you must file a Connecticut taxable income tax return for tax year 2023 to be eligible for the credit. If you're a resident of Connecticut and choose to file Form 968, New Resident Tax Return with additional tax due, you must file a Connecticut taxable income tax return for tax year 2023 to be eligible for the credit. If you're a resident of Connecticut and choose to file Form 968, New Resident Tax Return with additional tax due, you must file a Connecticut taxable income tax return for tax year 2023 to be eligible for the credit. A credit is not allowed if you had no taxable income during the quarter or a tax refund was not claimed, and you are filing the return of a resident or a US citizen resident for the year 2018.  A credit also is not allowed if you received income in 2023 in excess of the federal poverty level for your filing status (see U.S. poverty guidelines).  For more information about this tax credit, please see the IRS Publication 970 and this instruction sheet. If you are  a Connecticut resident, and you owe tax on your home, you can apply for the home mortgage interest tax credit to reduce your tax. In 2018, this credit has a phase-out period, which increases if you take into account any of the following: The home is purchased in 2023 or later.

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