DRS: DRS Forms Update

DRS Forms Update
Pass-through entity tax recharacterization forms are now available.

As a follow-up to prior DRS guidance and 
Special Notice 2018(4), Guidance on 2018 Estimated Payments for the Newly Enacted Pass-Through Entity Tax, taxpayers should note that forms for pass-through entity tax estimated payment recharacterization are now available.

To make a recharacterization request, the member must complete Form CT-1065/CT-1120SI RR and submit the request form to the memberís pass-through entity.

The pass-through entity must then gather all recharacterization request forms from its members and submit the request forms, along with Form CT-1065/CT-1120SI RRS (summary sheet), to DRS by December 31, 2018.

Both recharacterization forms must be completed and submitted in paper form, and mailed to DRS at the address provided.

Content Last Modified on 10/5/2018 10:52:02 AM