WHEN IS A TRUST OR ESTATE SUBJECT TO THE CONNECTICUT ALTERNATIVE MINIMUM TAX?
Any trust or estate liable for the federal alternative minimum tax must complete and attach Schedule I, Connecticut Alternative Minimum Tax Computation of Trust or Estate, to Form CT-1041, Connecticut Income Tax Return for Trusts and Estates. (The rules in this informational publication apply primarily to individuals. Guidance for trusts and estates can be found in the instructions to Form CT-1041 and Schedule I of that form.) HOW IS THE CONNECTICUT ALTERNATIVE MINIMUM TAX COMPUTED? Using Form CT-6251, compute the tax in the following manner: STEP 1: Calculate your adjusted federal alternative minimum taxable income by making certain Connecticut modifications to your federal alternative minimum taxable income (as reported on Line 21 of federal Form 6251). Use your adjusted federal alternative minimum taxable income to recalculate your allowable exemption and the tentative minimum tax. The result is your adjusted federal tentative minimum tax. STEP 2: The Connecticut minimum tax is the
