Conn. Gen. Stat. § 12-703

Current with legislation from the 2024 Regular and Special Sessions.

Section 12-703 - Credits based on adjusted gross income

(a)

(1) Any person, other than a trust or estate, subject to the tax under this chapter for any taxable year who files under the federal income tax for such taxable year as a married individual filing separately or for taxable years commencing prior to January 1, 2000, who files under the federal income tax for such taxable year as an unmarried individual shall be entitled to a credit in determining the amount of tax liability for purposes of this chapter in accordance with the following schedule:

ConnecticutAdjusted Gross Income	Amount of Credit
Over $12,000 but
not over $15,000	75%
Over $15,000 but
not over $15,500	70%
Over $15,500 but
not over $16,000	65%
Over $16,000 but
not over $16,500	60%
Over $16,500 but
not over $17,000	55%
Over $17,000 but
not over $17,500	50%
Over $17,500 but
not over $18,000	45%
Over $18,000 but
not over $18,500	40%
Over $18,500 but
not over $20,000	35%
Over $20,000 but
not over $20,500	30%
Over $20,500 but
not over $21,000	25%
Over $21,000 but
not over $21,500	20%
Over $21,500 but
not over $25,000	15%
Over $25,000 but
not over $25,500	14%
Over $25,500 but
not over $26,000	13%
Over $26,000 but
not over $26,500	12%
Over $26,500 but
not over $27,000	11%
Over $27,000 but
not over $48,000	10%
Over $48,000 but
not over $48,500	9%
Over $48,500 but
not over $49,000	8%
Over $49,000 but
not over $49,500	7%
Over $49,500 but
not over $50,000	6%
Over $50,000 but
not over $50,500	5%
Over $50,500 but
not over $51,000	4%
Over $51,000 but
not over $51,500	3%
Over $51,500 but
not over $52,000	2%
Over $52,000 but
not over $52,500	1%

(2) For taxable years commencing on or after January 1, 2000, any person, other than a trust or estate, subject to the tax under this chapter for any taxable year who files under the federal income tax for such taxable year as an unmarried individual shall be entitled to a credit in determining the amount of tax liability for purposes of this chapter in accordance with the following schedule:

(A) For taxable years commencing on or after January 1, 2000, but prior to January 1, 2001:

ConnecticutAdjusted Gross Income	Amount of Credit
Over $12,250 but
not over $15,300	75%
Over $15,300 but
not over $15,800	70%
Over $15,800 but
not over $16,300	65%
Over $16,300 but
not over $16,800	60%
Over $16,800 but
not over $17,300	55%
Over $17,300 but
not over $17,800	50%
Over $17,800 but
not over $18,300	45%
Over $18,300 but
not over $18,800	40%
Over $18,800 but
not over $20,400	35%
Over $20,400 but
not over $20,900	30%
Over $20,900 but
not over $21,400	25%
Over $21,400 but
not over $21,900	20%
Over $21,900 but
not over $25,500	15%
Over $25,500 but
not over $26,000	14%
Over $26,000 but
not over $26,500	13%
Over $26,500 but
not over $27,000	12%
Over $27,000 but
not over $27,500	11%
Over $27,500 but
not over $49,000	10%
Over $49,000 but
not over $49,500	9%
Over $49,500 but
not over $50,000	8%
Over $50,000 but
not over $50,500	7%
Over $50,500 but
not over $51,000	6%
Over $51,000 but
not over $51,500	5%
Over $51,500 but
not over $52,000	4%
Over $52,000 but
not over $52,500	3%
Over $52,500 but
not over $53,000	2%
Over $53,000 but
not over $53,500	1%

(B) For taxable years commencing on or after January 1, 2001, but prior to January 1, 2004:

ConnecticutAdjusted Gross Income	Amount of Credit
Over $12,500 but
not over $15,600	75%
Over $15,600 but
not over $16,100	70%
Over $16,100 but
not over $16,600	65%
Over $16,600 but
not over $17,100	60%
Over $17,100 but
not over $17,600	55%
Over $17,600 but
not over $18,100	50%
Over $18,100 but
not over $18,600	45%
Over $18,600 but
not over $19,100	40%
Over $19,100 but
not over $20,800	35%
Over $20,800 but
not over $21,300	30%
Over $21,300 but
not over $21,800	25%
Over $21,800 but
not over $22,300	20%
Over $22,300 but
not over $26,000	15%
Over $26,000 but
not over $26,500	14%
Over $26,500 but
not over $27,000	13%
Over $27,000 but
not over $27,500	12%
Over $27,500 but
not over $28,000	11%
Over $28,000 but
not over $50,000	10%
Over $50,000 but
not over $50,500	9%
Over $50,500 but
not over $51,000	8%
Over $51,000 but
not over $51,500	7%
Over $51,500 but
not over $52,000	6%
Over $52,000 but
not over $52,500	5%
Over $52,500 but
not over $53,000	4%
Over $53,000 but
not over $53,500	3%
Over $53,500 but
not over $54,000	2%
Over $54,000 but
not over $54,500	1%

(C) For taxable years commencing on or after January 1, 2004, but prior to January 1, 2007:

ConnecticutAdjusted Gross Income	Amount of Credit
Over $12,625 but
not over $15,750	75%
Over $15,750 but
not over $16,250	70%
Over $16,250 but
not over $16,750	65%
Over $16,750 but
not over $17,250	60%
Over $17,250 but
not over $17,750	55%
Over $17,750 but
not over $18,250	50%
Over $18,250 but
not over $18,750	45%
Over $18,750 but
not over $19,250	40%
Over $19,250 but
not over $21,050	35%
Over $21,050 but
not over $21,550	30%
Over $21,550 but
not over $22,050	25%
Over $22,050 but
not over $22,550	20%
Over $22,550 but
not over $26,300	15%
Over $26,300 but
not over $26,800	14%
Over $26,800 but
not over $27,300	13%
Over $27,300 but
not over $27,800	12%
Over $27,800 but
not over $28,300	11%
Over $28,300 but
not over $50,500	10%
Over $50,500 but
not over $51,000	9%
Over $51,000 but
not over $51,500	8%
Over $51,500 but
not over $52,000	7%
Over $52,000 but
not over $52,500	6%
Over $52,500 but
not over $53,000	5%
Over $53,000 but
not over $53,500	4%
Over $53,500 but
not over $54,000	3%
Over $54,000 but
not over $54,500	2%
Over $54,500 but
not over $55,000	1%

(D) For taxable years commencing on or after January 1, 2007, but prior to January 1, 2008:

ConnecticutAdjusted Gross Income	Amount of Credit
Over $12,750 but
not over $15,900	75%
Over $15,900 but
not over $16,400	70%
Over $16,400 but
not over $16,900	65%
Over $16,900 but
not over $17,400	60%
Over $17,400 but
not over $17,900	55%
Over $17,900 but
not over $18,400	50%
Over $18,400 but
not over $18,900	45%
Over $18,900 but
not over $19,400	40%
Over $19,400 but
not over $21,300	35%
Over $21,300 but
not over $21,800	30%
Over $21,800 but
not over $22,300	25%
Over $22,300 but
not over $22,800	20%
Over $22,800 but
not over $26,600	15%
Over $26,600 but
not over $27,100	14%
Over $27,100 but
not over $27,600	13%
Over $27,600 but
not over $28,100	12%
Over $28,100 but
not over $28,600	11%
Over $28,600 but
not over $51,000	10%
Over $51,000 but
not over $51,500	9%
Over $51,500 but
not over $52,000	8%
Over $52,000 but
not over $52,500	7%
Over $52,500 but
not over $53,000	6%
Over $53,000 but
not over $53,500	5%
Over $53,500 but
not over $54,000	4%
Over $54,000 but
not over $54,500	3%
Over $54,500 but
not over $55,000	2%
Over $55,000 but
not over $55,500	1%

(E) For taxable years commencing on or after January 1, 2008, but prior to January 1, 2012:

ConnecticutAdjusted Gross Income	Amount of Credit
Over $13,000 but
not over $16,300	75%
Over $16,300 but
not over $16,800	70%
Over $16,800 but
not over $17,300	65%
Over $17,300 but
not over $17,800	60%
Over $17,800 but
not over $18,300	55%
Over $18,300 but
not over $18,800	50%
Over $18,800 but
not over $19,300	45%
Over $19,300 but
not over $19,800	40%
Over $19,800 but
not over $21,700	35%
Over $21,700 but
not over $22,200	30%
Over $22,200 but
not over $22,700	25%
Over $22,700 but
not over $23,200	20%
Over $23,200 but
not over $27,100	15%
Over $27,100 but
not over $27,600	14%
Over $27,600 but
not over $28,100	13%
Over $28,100 but
not over $28,600	12%
Over $28,600 but
not over $29,100	11%
Over $29,100 but
not over $52,000	10%
Over $52,000 but
not over $52,500	9%
Over $52,500 but
not over $53,000	8%
Over $53,000 but
not over $53,500	7%
Over $53,500 but
not over $54,000	6%
Over $54,000 but
not over $54,500	5%
Over $54,500 but
not over $55,000	4%
Over $55,000 but
not over $55,500	3%
Over $55,500 but
not over $56,000	2%
Over $56,000 but
not over $56,500	1%

(F) For taxable years commencing on or after January 1, 2012, but prior to January 1, 2013:

ConnecticutAdjusted Gross Income	Amount of Credit
Over $13,500 but
not over $16,900	75%
Over $16,900 but
not over $17,400	70%
Over $17,400 but
not over $17,900	65%
Over $17,900 but
not over $18,400	60%
Over $18,400 but
not over $18,900	55%
Over $18,900 but
not over $19,400	50%
Over $19,400 but
not over $19,900	45%
Over $19,900 but
not over $20,400	40%
Over $20,400 but
not over $22,500	35%
Over $22,500 but
not over $23,000	30%
Over $23,000 but
not over $23,500	25%
Over $23,500 but
not over $24,000	20%
Over $24,000 but
not over $28,100	15%
Over $28,100 but
not over $28,600	14%
Over $28,600 but
not over $29,100	13%
Over $29,100 but
not over $29,600	12%
Over $29,600 but
not over $30,100	11%
Over $30,100 but
not over $54,000	10%
Over $54,000 but
not over $54,500	9%
Over $54,500 but
not over $55,000	8%
Over $55,000 but
not over $55,500	7%
Over $55,500 but
not over $56,000	6%
Over $56,000 but
not over $56,500	5%
Over $56,500 but
not over $57,000	4%
Over $57,000 but
not over $57,500	3%
Over $57,500 but
not over $58,000	2%
Over $58,000 but
not over $58,500	1%

(G) For taxable years commencing on or after January 1, 2013, but prior to January 1, 2014:

ConnecticutAdjusted Gross Income	Amount of Credit
Over $14,000 but
not over $17,500	75%
Over $17,500 but
not over $18,000	70%
Over $18,000 but
not over $18,500	65%
Over $18,500 but
not over $19,000	60%
Over $19,000 but
not over $19,500	55%
Over $19,500 but
not over $20,000	50%
Over $20,000 but
not over $20,500	45%
Over $20,500 but
not over $21,000	40%
Over $21,000 but
not over $23,300	35%
Over $23,300 but
not over $23,800	30%
Over $23,800 but
not over $24,300	25%
Over $24,300 but
not over $24,800	20%
Over $24,800 but
not over $29,200	15%
Over $29,200 but
not over $29,700	14%
Over $29,700 but
not over $30,200	13%
Over $30,200 but
not over $30,700	12%
Over $30,700 but
not over $31,200	11%
Over $31,200 but
not over $56,000	10%
Over $56,000 but
not over $56,500	9%
Over $56,500 but
not over $57,000	8%
Over $57,000 but
not over $57,500	7%
Over $57,500 but
not over $58,000	6%
Over $58,000 but
not over $58,500	5%
Over $58,500 but
not over $59,000	4%
Over $59,000 but
not over $59,500	3%
Over $59,500 but
not over $60,000	2%
Over $60,000 but
not over $60,500	1%

(H) For taxable years commencing on or after January 1, 2014, but prior to January 1, 2016:

ConnecticutAdjusted Gross Income	Amount of Credit
Over $14,500 but
not over $18,100	75%
Over $18,100 but
not over $18,600	70%
Over $18,600 but
not over $19,100	65%
Over $19,100 but
not over $19,600	60%
Over $19,600 but
not over $20,100	55%
Over $20,100 but
not over $20,600	50%
Over $20,600 but
not over $21,100	45%
Over $21,100 but
not over $21,600	40%
Over $21,600 but
not over $24,200	35%
Over $24,200 but
not over $24,700	30%
Over $24,700 but
not over $25,200	25%
Over $25,200 but
not over $25,700	20%
Over $25,700 but
not over $30,200	15%
Over $30,200 but
not over $30,700	14%
Over $30,700 but
not over $31,200	13%
Over $31,200 but
not over $31,700	12%
Over $31,700 but
not over $32,200	11%
Over $32,200 but
not over $58,000	10%
Over $58,000 but
not over $58,500	9%
Over $58,500 but
not over $59,000	8%
Over $59,000 but
not over $59,500	7%
Over $59,500 but
not over $60,000	6%
Over $60,000 but
not over $60,500	5%
Over $60,500 but
not over $61,000	4%
Over $61,000 but
not over $61,500	3%
Over $61,500 but
not over $62,000	2%
Over $62,000 but
not over $62,500	1%

(I) For taxable years commencing on or after January 1, 2016:

ConnecticutAdjusted Gross Income	Amount of Credit
Over $15,000 but
not over $18,800	75%
Over $18,800 but
not over $19,300	70%
Over $19,300 but
not over $19,800	65%
Over $19,800 but
not over $20,300	60%
Over $20,300 but
not over $20,800	55%
Over $20,800 but
not over $21,300	50%
Over $21,300 but
not over $21,800	45%
Over $21,800 but
not over $22,300	40%
Over $22,300 but
not over $25,000	35%
Over $25,000 but
not over $25,500	30%
Over $25,500 but
not over $26,000	25%
Over $26,000 but
not over $26,500	20%
Over $26,500 but
not over $31,300	15%
Over $31,300 but
not over $31,800	14%
Over $31,800 but
not over $32,300	13%
Over $32,300 but
not over $32,800	12%
Over $32,800 but
not over $33,300	11%
Over $33,300 but
not over $60,000	10%
Over $60,000 but
not over $60,500	9%
Over $60,500 but
not over $61,000	8%
Over $61,000 but
not over $61,500	7%
Over $61,500 but
not over $62,000	6%
Over $62,000 but
not over $62,500	5%
Over $62,500 but
not over $63,000	4%
Over $63,000 but
not over $63,500	3%
Over $63,500 but
not over $64,000	2%
Over $64,000 but
not over $64,500	1%

(b) Any person subject to tax under this chapter who files a return under the federal income tax for such taxable year as a head of household, as defined in Section 2(b) of the Internal Revenue Code, shall be entitled to a credit in determining the amount of tax liability for purposes of this chapter in accordance with the following schedule:

ConnecticutAdjusted Gross Income	Amount of Credit
Over $19,000 but
not over $24,000	75%
Over $24,000 but
not over $24,500	70%
Over $24,500 but
not over $25,000	65%
Over $25,000 but
not over $25,500	60%
Over $25,500 but
not over $26,000	55%
Over $26,000 but
not over $26,500	50%
Over $26,500 but
not over $27,000	45%
Over $27,000 but
not over $27,500	40%
Over $27,500 but
not over $34,000	35%
Over $34,000 but
not over $34,500	30%
Over $34,500 but
not over $35,000	25%
Over $35,000 but
not over $35,500	20%
Over $35,500 but
not over $44,000	15%
Over $44,000 but
not over $44,500	14%
Over $44,500 but
not over $45,000	13%
Over $45,000 but
not over $45,500	12%
Over $45,500 but
not over $46,000	11%
Over $46,000 but
not over $74,000	10%
Over $74,000 but
not over $74,500	9%
Over $74,500 but
not over $75,000	8%
Over $75,000 but
not over $75,500	7%
Over $75,500 but
not over $76,000	6%
Over $76,000 but
not over $76,500	5%
Over $76,500 but
not over $77,000	4%
Over $77,000 but
not over $77,500	3%
Over $77,500 but
not over $78,000	2%
Over $78,000 but
not over $78,500	1%

(c) Any husband and wife subject to tax under this chapter for any taxable year who file a return under the federal income tax for such taxable year as married individuals filing joint returns or any person who files a return for such taxable year as a surviving spouse, as defined in Section 2(a) of the Internal Revenue Code, shall be entitled to a credit in determining the amount of tax liability for purposes of this chapter in accordance with the following schedule:

ConnecticutAdjusted Gross Income	Amount of Credit
Over $24,000 but
not over $30,000	75%
Over $30,000 but
not over $30,500	70%
Over $30,500 but
not over $31,000	65%
Over $31,000 but
not over $31,500	60%
Over $31,500 but
not over $32,000	55%
Over $32,000 but
not over $32,500	50%
Over $32,500 but
not over $33,000	45%
Over $33,000 but
not over $33,500	40%
Over $33,500 but
not over $40,000	35%
Over $40,000 but
not over $40,500	30%
Over $40,500 but
not over $41,000	25%
Over $41,000 but
not over $41,500	20%
Over $41,500 but
not over $50,000	15%
Over $50,000 but
not over $50,500	14%
Over $50,500 but
not over $51,000	13%
Over $51,000 but
not over $51,500	12%
Over $51,500 but
not over $52,000	11%
Over $52,000 but
not over $96,000	10%
Over $96,000 but
not over $96,500	9%
Over $96,500 but
not over $97,000	8%
Over $97,000 but
not over $97,500	7%
Over $97,500 but
not over $98,000	6%
Over $98,000 but
not over $98,500	5%
Over $98,500 but
not over $99,000	4%
Over $99,000 but
not over $99,500	3%
Over $99,500 but
not over $100,000	2%
Over $100,000 but
not over $100,500	1%

Conn. Gen. Stat. § 12-703

( June Sp. Sess. P.A. 91-3, S. 54, 168; May Sp. Sess. P.A. 92-5, S. 4, 37; May Sp. Sess. P.A. 94-4, S. 25, 85; P.A. 95-160, S. 64, 69; P.A. 99-173, S. 6, 65; May 9 Sp. Sess. P.A. 02-1, S. 79; June 30 Sp. Sess. P.A. 03-1, S. 116; P.A. 05-251, S. 75; June Sp. Sess. P.A. 09-3, S. 123; P.A. 15-244, S. 68.)

Amended by P.A. 15-0244, S. 68 of the Connecticut Acts of the 2015 Regular Session, eff. 6/30/2015.

Amended by P.A. 09-0003, S. 123 of the June 2009 Sp. Sess., eff. 9/9/2009.