GeorgeM Posted February 5, 2018 Report Posted February 5, 2018 I am only doing a few returns this year, and the 1st one I have I noticed it is not given a credit for property taxes. Is this something new with the state of Connecticut? Quote
SaraEA Posted February 6, 2018 Report Posted February 6, 2018 To get the property tax credit in 2017, you have to be at least age 65 or have a dependent on your federal return. Not sure how this will be handled in 2018 when there are no more exemptions. Also, CT keeps decreasing the AGI threshold to be eligible for the full credit. It could be your client is too "rich" to get any. I've only done a few returns so far this season but all got zero credit except one who got $20! When I did projections last year, I put zero in for the credit on every worksheet, because that's about what it's worth. Quote
Lion EA Posted February 6, 2018 Report Posted February 6, 2018 And, CT lowered the max credit yet again. 1 Quote
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.