Connecticut Electronic Data Processing Equipment Property Tax Credit

Electronic Data Processing Equipment Property Tax Credit
Form CT-1120 EDPC
DRAFT 11-15-2023
2023

Department of Revenue Services
State of Connecticut
(Rev. 12/23)

Form CT-1120 EDPC

Electronic Data Processing Equipment
Property Tax Credit

For Income Year Beginning: ______________________________, 2023 and Ending: _____________________________ , ___________ .
Connecticut Tax Registration Number

Corporation name

Complete this form in blue or black ink only. Do not use staples.
Please note that each form is year specific. The correct year’s form
must be used.
Use Form CT‑1120 EDPC to claim the credit available under Conn.
Gen. Stat. § 12‑217t, for personal property taxes paid on electronic
data processing equipment to a Connecticut municipality during
the income year.
In the case of leased electronic data processing equipment, the
lessee, not the lessor, is entitled to claim this credit if the lease by its
terms or by operation imposes on the lessee the cost of the personal
property taxes on the equipment. However, the lessor and lessee
may elect, in writing, that the lessor may claim the credit. The lessor
shall provide a copy of the written election upon the request of the
Department of Revenue Services (DRS).
Definition
Electronic data processing equipment means computers,
printers, peripheral computer equipment, bundled software, and
any computer-based equipment acting as a computer as defined in
IRC § 168, and any other equipment reported as Code 20 on the
Personal Property Declaration; prescribed by the Secretary of the
Office of Policy and Management.

Credit Computation
The electronic data processing property tax credit is allowed only
after the application of all other tax credits. The allowable credit is
applied first against the Corporation Business Tax (Chapter  208)
and then may be applied against the taxes administered under the
following chapters of the Connecticut General Statutes:
•	 Chapter 207	 (Insurance Premiums Tax; Health Care Centers Tax)
•	 Chapter 208a	(Unrelated Business Income Tax)
•	 Chapter 209	 (Air Carriers Tax)
•	 Chapter 210	 (Railroad Companies Tax)
•	 Chapter 211	 (Community Antenna Television Systems and
	
One‑Way Satellite Transmission Businesses Tax)
•	 Chapter 212	 (Utility Companies Tax).
Any remaining credit balance that exceeds the credit applied may
be carried forward to five succeeding income years.
Additional Information
See the Guide to Connecticut Business Tax Credits available on the DRS
website at portal.ct.gov/DRS.

Part I – Credit Computation
Enter the amount of personal property taxes paid or incurred by the corporation on electronic data
processing equipment in 2023 from the October 1, 2022 grand list. Enter here and on Form CT‑1120K,
Part I‑D, Column B and/or Form CT‑207K Part 1C, Column B.

Part II – Computation of Carryforward - Credit may be carried forward to the five succeeding income years. See instructions below.

A

Total
Credit
Earned

B

Credit
Applied
2018 Through 2022

C

Carryforward to 2023
Subtract Column B
from Column A.

D

Credit
Applied to
2023

E

Carryforward
to
2024

	 2018 Form CT‑1120 EDPC,
1. Part I.
	 2019 Form CT‑1120 EDPC,
2. Part I.
	 2020 Form CT‑1120 EDPC,
3. Part I.
	 2021 Form CT‑1120 EDPC,
4. Part I.
	 2022 Form CT‑1120 EDPC,
5. Part I.
	 2023 Form CT‑1120 EDPC,
6. Part I, above.
	 Total Electronic Data Processing Equipment Property tax credit applied to 2023: Add Lines 1
7. through 6, Column D and enter here.
	 Total Electronic Data Processing Equipment Property tax credit carryforward to 2024: Add Lines 2 through 6,
8. Column E and enter here.

Part II Instructions
Lines 1 through 6, Columns A through D - Enter the amount for each corresponding year.
Lines 2 through 5, Column E - Subtract Column D from Column C.
Line 6, Column E - Subtract Column D from Column A.
Line 7, Column D - Enter amounts applied to the Corporation Business Tax on Form CT‑1120K, Part I‑D, Column D. Enter amounts applied against the
taxes imposed by Chapter 207 on Form CT‑207K, Part 1C, Column C. Enter amounts applied to other taxes on Form CT‑1120K, Part I‑D, Column F.
Members included in 2023 Form CT‑1120CU, Combined Unitary Corporation Business Tax Return:
Include in Column D credits shared to and used by another member of the combined group.

Visit us at portal.ct.gov/DRS for more information.