Schedule CT-IT Credit: Income Tax Credit Summary (2025)
Connecticut · Connecticut DRS · Used for tax years 2025
Schedule CT-IT Credit summarizes Connecticut income tax credits for individuals, trusts, and estates for 2025. It reports credits earned, prior-year carryforwards, amounts applied to income tax liability, and applicable carryforward or carryback amounts. It is not used to report
Who files this form
Individuals, trusts, and estates must attach Schedule CT-IT Credit to their Connecticut income tax return whenever they claim current-year tax credits or have carryforward tax credit balances from a prior year.
Attach it to Form CT-1040, CT-1040NR/PY, CT-1040X, or CT-1041, as applicable.
- Part 2: An individual, trust, or estate that is a member of a pass-through entity or a beneficiary of a trust or estate must complete this part. Report the credits shown on Schedule CT K-1 or Schedule CT-1041 K-1.
- Part 3: Complete this part if claiming the Angel Investor Tax Credit, whether you are the original holder or the credit was assigned, transferred, or sold to you.
Do not use this schedule to report the pass-through entity tax credit itself. Use Schedule CT-PE for that credit.
What you'll need
Have your applicable Connecticut income tax return and the documents reporting your available credits. Keep copies of the credit documents for your records.
Depending on the credits you report, you may need:
- Your 2024 Schedule CT-IT Credit: The instructions use Column E amounts from Lines 6 through 9 for the corresponding carryforward entries.
- Schedule CT K-1 or Schedule CT-1041 K-1: Use these for credits reported by a pass-through entity, trust, or estate. Part 2 also requires the entity's name and Federal Employer Identification Number (FEIN).
- Credit vouchers or certificates: These include vouchers from the Office of Policy and Management, Connecticut Innovations, Inc., the University of Connecticut, or the Connecticut Department of Housing, and the final accredited theater production certificate issued by DECD, as applicable.
- Worksheet B for Schedule CT-IT Credit: A trust or estate must complete this worksheet if allocating all or part of its credits to beneficiaries. It is in the Form CT-1041 instructions.
- Schedule CT-1040 REC: Use Line 7 for the Real Estate Conveyance Tax Credit.
- 2025 Form CT-8801: Complete it before entering the prior-year Connecticut minimum tax credit. Attach it to a paper return.
Additional documentation may be requested to support employer ABLE account or CHET contributions.
How to file
Complete the 2025 schedule in blue or black ink only and read the instructions before completing it.
- Enter your identifying information. Include the applicable taxpayer name and SSN or FEIN, plus spouse information for a joint return.
- Enter your 2025 income tax liability in Part 1, Line 1, Column A. Use Form CT-1040, Line 12; CT-1040NR/PY, Line 14; CT-1040X, Line 16; or CT-1041, Line 7.
- Report your credits. Column B is for prior-year carryforwards, Column C is for 2025 amounts earned, and Column D is for credits applied to your 2025 liability. Complete Columns E and F for applicable carryforward and carryback amounts.
- Total Column D on Line 10. Transfer the total to Form CT-1040, Line 13; CT-1040NR/PY, Line 15; CT-1040X, Line 17; or CT-1041, Line 8.
- Complete Parts 2 and 3 when required. Attach additional schedules for Part 2 as needed. For Part 3, provide the CII voucher number and indicate whether you are the original holder or assignee.
Attach the completed schedule to the back of your applicable return and submit it to the Connecticut Department of Revenue Services (DRS). Do not use staples. The text does not provide a mailing address or e-filing directions.
Common mistakes
- Using the wrong year's schedule: Each form is year specific. Attach the correct year's form to avoid processing delays.
- Reporting the pass-through entity tax credit here: Use Schedule CT-PE instead.
- Claiming too much credit: Each Column D entry cannot exceed the available credit. Total credits applied cannot exceed Line 1, Column A, your income tax liability.
- Using staples or the wrong ink: Do not staple the schedule. Complete it in blue or black ink only.
- Skipping Form CT-8801: Complete it before entering the prior-year minimum tax credit, and attach it if filing a paper return.
- Calculating a carryforward before a housing credit carryback: If using the Workforce Housing Opportunity Development Tax Credit carryback provision, complete Column F before Column E.
Questions people ask
Can I choose which credits to apply first?
Yes. If you claim multiple credits, you may choose the order. Each credit applied must stay within its available amount, and the total cannot exceed your income tax liability.
Can unused credits carry forward?
Unused Angel Investor, Real Estate Conveyance, Accredited Theater Production, Workforce Housing Opportunity Development, and University of Connecticut Incentive Program credits may carry forward if their claiming periods have not expired. Carryforward periods vary by credit.
Can the Workforce Housing Opportunity Development Tax Credit be carried back?
The instructions allow a carryback within the preceding five years. Enter the carryback amount in Column F. To claim it for a preceding year, file Form CT-1040X and include this schedule.
Can a trust or estate allocate credits to beneficiaries?
Yes. A trust or estate may allocate all or part of its credits to beneficiaries. It must complete Worksheet B for Schedule CT-IT Credit. The amount on Worksheet B, Line 6, Column D is the amount earned by the trust or estate for Column C of this schedule.
When may a prior-year Connecticut minimum tax credit be allowed?
A credit for prior-year alternative minimum tax may be allowed if you have no current-year alternative minimum tax liability. Complete Form CT-8801 and use its Part 2, Line 24 amount for Part 1, Line 9, Column C of this schedule.