Connecticut

What's New



By the Numbers

Personal Income Tax Features (2015)
Range of Tax Rates 3.0% - 6.7%
Standard Deduction
  • None
  • Personal Exemption $14,500 ($24,000 for Married Couples) Max
    Dependent Exemption None
    Earned Income Tax Credit (EITC) 27.5% Refundable
  • Standard deduction phases out for high income levels
  • Personal exemption is available as a credit
  • Benefit of bottom 3% rate phases out for higher income levels and additional benefit recapture in place.
  • Corporate Income Tax Features (2015)
    Range of Tax Rates Personal exemption is available as a credit
    Income Level at Which Top Rate Applies Benefit of bottom 3% rate phases out for higher income levels and additional benefit recapture in place.
    Combined Reporting 7.50%, 20% surcharge on some corporations through 2015
    Apportionment Factor (Payroll) All
    Apportionment Factor (Property) No
    Apportionment Factor (Sales) 25%
    Sales Tax Features (2015)
    State Sales Tax Rate 6.35%
    Average Local Sales Tax Rate N/A
    Average Combined State & Local Sales Tax Rate 6.35%
    State Sales Tax Treatment of Groceries Exempt
    Local Sales Tax Treatment of Groceries N/A
    Number of Services Taxed 79 out of 168 surveyed (2007). In 2011, added an additional 12 services to the base.
    Streamlined Sales Tax Membership No
  • "Amazon law" in effect
  • Sales tax holiday offered in 2014
  • Sales tax applies to digital goods and services at lower 1% rate
  • Property Tax Features (2015)
  • Does not provide a homestead exemption.
  • Provides means-tested income tax credit to offset property taxes.
  • Levies a car tax.
  • Other Tax & Revenue Features (2015)
    Gasoline Tax Rate (per gallon) $0.474
    Diesel Tax Rate (per gallon) $0.549
    Cigarette Tax Rate (per pack) $3.40
    Estate or Inheritance Tax Yes
    Net Lottery Sales Per Capita $263 (2010)
    Tax Policy Oversight
    Tax Expenditure Report Yes
    Tax Incidence Analysis Capability None

    Last updated January 13, 2015