September 03, 2009

New Tax Changes to Connecticut Personal Income Tax (Individuals)...

The new law increases the marginal personal income tax rate from 5% to 6.5% for:
• joint filers with taxable incomes over $1 million;
• heads of households with taxable incomes over $800,000; and
• single filers and married individuals filing separately with taxable incomes over
$500,000.
The legislation also increases the flat income tax rate for trusts and estates from
5.0% to 6.5%.

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