Yes – you may
take a credit against your 2016 Connecticut income tax liability for qualifying
property tax payments you made to your Connecticut town or taxing district on
your privately owned or leased motor
vehicle, or both.
The maximum credit
allowed on your motor vehicle is $200
per return, regardless of filing status.
The number of motor vehicles eligible for this credit
depends on your filing status as shown on the front of your Connecticut income
tax return:
1.
Any individual whose filing status is single, filing separately, or head of
household is limited to the property tax paid on 1 motor vehicle
2.
Individuals whose filing status is filing jointly or qualifying widow(er) with
dependent child are limited to the property taxes paid on 2 motor vehicles
You enter the property taxes paid on your motor vehicle to a
Connecticut town or taxing authority in TurboTax as follows:
·
In your return, select State Taxes tab
·
Answering all questions in the state interview
section for Connecticut, starting with questions about your income in
Connecticut
·
When you have completed your income section, you
will come to a page entitled “Take a look at Connecticut credits and taxes”
·
Click on Start button for Property Taxes Credit
·
Complete information about your Connecticut
primary residence on “Primary Residence Property Tax Information” page, then
click on Continue button
·
You will be asked whether you paid taxes on one
or more motor vehicles in Connecticut – click on Yes button
·
Complete all information about property taxes
paid on your vehicle on “Motor Vehicle Information” page
For more
information, please see Form CT-1040 instructions:
http://www.ct.gov/drs/lib/drs/forms/1-2016/incometax/booklets/ct-1040booklet.pdf
