File Connecticut (CT) Form OP-424
Connecticut ended the Business Entity Tax (BET)
for any tax period beginning after 12/31/2018. You're still required to file any outstanding tax from prior years, so Form OP-424 is available in UltraTax CS 2019 and prior. Refer to the Connecticut DOR website for more information. Do the following to add Form OP-424:
- SelectFile, thenClient Properties.
- Select theConnecticuttab, and mark theBusiness Entity Tax Returncheckbox.
- Use theCTBETscreen to enter theSecretary of State ID number.
- For 1040 Individual returns, enter the code1in theState usefield of the federalC,Rent,F, and/or4835screens to indicate which activity is required to file Form OP-424.Due dateForm OP-424, Business Entity Tax is a biennial return and is due every other year. For a calendar year filer, the filing periods are as follows:Biennial period (2-year period)Due dateAmount dueBeginning 1/1/2017 - Ending 12/31/2018April 15, 2019$250Beginning 1/1/2019 - Ending 12/31/2020April 15, 2021N/AConnecticut doesn’t grant an extension of time to file or pay for Form OP-424.Filing methodsConnecticut doesn’t support electronic filing for Form OP-424 via third-party application such as UltraTax CS. Unless a waiver is granted, you'll need to paper file or file and pay electronically using the Taxpayer Service Center (TSC).
