Solved: The program is telling me to take 25% off the ct teachers retirement it should be 50%
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The program is telling me to take 25% off the ct teachers retirement it should be 50%

 
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Level 15

The program is telling me to take 25% off the ct teachers retirement it should be 50%

The budget that just passed maintains the exemption for the taxable years commencing January 1, 2017 and January 1, 2018,  at 25%. The exemption would increase to 50% beginning in the taxable year commencing January 1, 2019 and each taxable year thereafter.

http://www.ct.gov/trb/cwp/view.asp?A=1598&Q=558106

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Level 15

The program is telling me to take 25% off the ct teachers retirement it should be 50%

The budget that just passed maintains the exemption for the taxable years commencing January 1, 2017 and January 1, 2018,  at 25%. The exemption would increase to 50% beginning in the taxable year commencing January 1, 2019 and each taxable year thereafter.

http://www.ct.gov/trb/cwp/view.asp?A=1598&Q=558106

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