Missouri contributions

You may donate part or all of your overpaid amount or contribute additional pay ments to any of the trust funds listed on Form MO-1040 or any two additional trust funds. Children’s Trust Fund – Children’s Trust Fund, Missouri’s Foundation for Child Abuse Prevention, is a non-profit organization dedicated to the vision of children free to grow and reach their full [...]

Kansas Purchases from Qualified Vendor Credit K-4

Effective January 1, 2019 through 2023. 15% tax credit on goods and services purchased from “qualified vendors” or nonprofit “certified business” that employ individuals with disabilities and offer to contribute at least 75% of premium cost for individual health insurance coverage for each employee. The new credit schedule is the K-44 Purchases from Qualified Vendor [...]

Connecticut Subtraction Modification of Pension andAnnuity Income

42% of Pension or Annuity Income If your filing status is single, married filing separately, or head of household with federal AGI for the taxable year of less than $75,000 or married filing jointly with federal AGI of less than $100,000, and you receive income from certain pensions and annuities, such as from a defined benefit plan, 401(k), 403(b) or 457(b) plans, you qualify for this [...]

Social Security Benefits ExemptFrom Connecticut Income Tax

For taxable years beginning on or after January 1, 2019, the adjusted gross income thresholds for determining the amount of Social Security benefits excluded from Connecticut income tax are revised as follows: Federal Filing status Federal AGI (Form CT-1040, line 1) Subtraction Modification Single or Married Filing Separately Less than $75,000 $75,000 or more [...]

Connecticut Angel Investor Tax Credit

An angel investor must apply to Connecticut Innovations, Inc. (CII) to reserve the credit and must receive an Angel Investor Tax Credit Voucher from CII before claiming the credit on the income tax return Any tax credit claimed but not applied against the income tax liability may be carried forward for the five immediately succeeding taxable years until the full credit has been applied. The [...]