Choose the statement that best describes your gross. Vehicles over $50,000 are taxed at 7.75%.Ĭonnecticut imposes a personal property tax on vehicles. Select the filing status you expect to report on your Connecticut income tax return. Motor vehicle purchases are taxed at 6.35%. (Note: Homeowners with disabilities may qualify for the property tax credit if under age 65.) Connecticut Motor Vehicle TaxesĬonnecticut taxes gasoline at $0.25 per gallon. For single homeowners, income for the 2022 tax year must not exceed $40,300.For married couples, income for the 2022 tax year must not exceed $49,100. Connecticut residents must apply for the program and meet eligibility criteria to qualify. Other homeowners can receive a credit of up to $1,000. Married homeowners can receive a credit of up to $1,250. Property Tax Credit Program: Connecticut offers property tax credits of up to $1,250 to eligible homeowners. In Connecticut, the average effective property tax rate is 2.15%, which is higher than the national average.Ĭonnecticut Property Tax Breaks for Retirees How Much Are Property Taxes in Connecticut? Connecticut does not tax some feminine products.The 5% tax rate will be lowered to 4.5%, and the 3% tax rate will be lowered to 2% starting in tax year 2024.Ĭonnecticut Income Tax Range: Single and married filing separatelyĬonnecticut's statewide sales tax is 6.35%, and localities don't charge any additional sales tax, according to data from the Tax Foundation. The tables below reflect tax rates for the 2023 tax year. Taxpayer Statement Regarding Refund - Use this form to report a lost, stolen or missing refund check. However, eligible taxpayers are only eligible to deduct the general pension or annuity income or the TRS income, not both. Underpayment of Estimated Income Tax by Individuals, Trusts, and Estates. Note: Taxpayers can deduct 50% of teacher's retirement system (TRS) pension income.
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