Baker Law Firm, P.C.
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Posts tagged "Connecticut"

Connecticut Exempts All, or Almost All, Social Security Benefits from Income Taxes

Connecticut, and several other states, exempt some or all of federally taxable Social Security income. Connecticut allows taxpayers to exempt all of that income depending on filing status and federal adjusted gross income. A taxpayer can deduct 100% of her federally taxable Social Security benefits if she is:

When will the Connecticut DRS consider waiving a tax penalty?

The Connecticut Department of Revenue Services expects taxpayers to be diligent about filing their taxes in full and on time. Unfortunately, individuals, businesses, estates and other taxpayers miss the deadline sometimes, and that can mean a hefty late-filing penalty. It can feel like the tax man is just piling onto your debt -- especially if the mistake wasn't your fault.

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