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State and Local Taxes
Connecticut State Tax Summary

Connecticut state tax summary, including corporate and individual Connecticut income taxes, credits, exemptions, deductions and more. Includes Connecticut estate, gift and inheritance tax, miscellaneous Connecticut taxes, pass-through entity treatment, payroll taxes, property taxes and Connecticut sales & use taxes.

Connecticut ranks #38 on the State Business Tax Climate Index (TaxFoundation.org).

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    taxmOuth Connecticut Taxes

Connecticut Tax Contacts

Connecticut Tax FAQs

Connecticut Tax Forms

Connecticut Corporate Taxes

  • taxmOuth Connecticut Corporate Taxes
  • Connecticut Tax Rates & Brackets:

    7.5%>$0
  • Loss Carry-back/fwd: 0 Years Back / 20 Years Forward (Unlimited)
  • Throwback Sales?: N
  • Foreign Tax Deductible?: Y
  • Alternative Minimum Tax (AMT): N
  • Gross Receipts Tax: N
  • Capital Stock (Net Worth) Tax?: 0.310% ($1 Million Max.)

Connecticut Tax Incentives and Credits

Connecticut Individual Income Taxes

  • taxmOuth Connecticut Individual Income Taxes
  • Connecticut tax rates and brackets:

    3%> $0
    5%> $10,000
  • Local Option IT Rate: None
  • Federal Inc used as Base?: Y
  • Standard Deductions: Single N/A / Joint N/A
  • Personal Exemptions/Credits (c): Single $13,000 max. / Joint $26,000 max. / Dependent N/A
  • Federal Tax Deductible?: N
  • State Tax Deductible?: Y
  • Alternative Minimum Tax (AMT)?: Y

Connecticut Estate, Gift and Inheritance Taxes

Connecticut Miscellaneous Taxes

Connecticut Pass-through Tax Treatment

Connecticut Payroll Taxes

Connecticut Property Taxes

  • taxmOuth Connecticut Property Taxes
  • Median Tax Paid on Homes (Rank): $4,603 (#2)
  • Median Value of Homes: $306,000
  • Tax as % of Home Value (Rank): 1.50% (#8)
  • Median Income of Homeowner: $87,419
  • Tax as % of Income (Rank): 5.27% (#3)

Connecticut Sales and Use Taxes

  • taxmOuth Connecticut Sales and Use Taxes
  • State Rate: 6.0%
  • County & City (Weighted Ave): None
  • Combined State and Ave. Local Rates (Rank): 6.00% (#32)
  • General Treatment of Services: Many Taxable
  • Gasoline: Exempt
  • Groceries: Exempt

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