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Form 1041 (Schedule K-1) Bridgeport Connecticut: What You Should Know
Use CT-1041 for a qualifying trust or estate. Use CT-1041-G for a non-qualifying trust or estate. Use CT-1041-L for a non-resident trust or estate in a state other than Connecticut. USE CT-1140 TO REPORT THE STATE'D VALUE OF CERTAIN DEDUCTIONS, TAXES, AND CASH RESERVES Use CT-1140 to report the amount of State taxes, income and capital gains taxes, and depreciation taxes on assets sold in transfer, real estate, and business property by decedent's estate. All property purchased by a decedent's estate is eligible to be transferred or otherwise dealt with by the decedent's estate. Use CT-1140 to claim certain state refunds and state credits as federal credits on your state income tax return. Use CT-1601 FOR CUSTODY OF PROPERTY AFTER DEATH A deceased person or his estate may choose to either keep his or her property with the funeral director, or to sell the property with a representative. A representative may be a representative who is not a party to the decedent's will (like his or her beneficiaries). Use CT-1601 for a representative who is not a party to the decedent's will (like his or her beneficiaries). Form CT-1710 FOR THE EFFECTIVE DATE OF TAX REFERRED TO BY FORM CT-1041 CT-1041-G CT-1041-L CT-1140 CT-1601 CT-1710 Form CT-1041 is for all income taxes owed on sales of real estate by the decedent's estate.
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