topic CT Income adjustments in Investors & landlords

CT Income adjustments

user17722209171 — Tue, 03 Mar 2026 14:15:12 GMT

One of my mutual funds reported approx 25% of income reported was derived from U.S. obligations .... But the fund assets are not invested in over 50% of U.S. obligations .... Can I still make an adjustment ( deduction) to my CT income for the value of the 25% .... Thank You ... Tony

Re: CT Income adjustments

AmyC — Thu, 05 Mar 2026 23:51:12 GMT

Each state has its own rules and CT requires at least 50% of the funds assets be invested in US government obligation. Your fund at 25% fails the test so you cannot make any adjustment.

Re: CT Income adjustments

user17722209171 — Fri, 06 Mar 2026 13:55:44 GMT

Thank You Amy.. I appreciate the input and the help... I read some conflicting statement on google- thus the question... Thank You Again .. Tony