DRS: 12-717(a)-1, Part-year resident individuals: income derived from or connected with sources within Connecticut

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Conn. Agencies Regs. ß 12-717(a)-1. Part-year resident individuals: income derived from or connected with sources within Connecticut.

(a) For purposes of determining the Connecticut income tax liability of a part-year resident individual, the term "income derived from or connected with sources within this state" means the sum of: (1) such individualís Connecticut adjusted gross income for the period of residence, computed as if the taxable year for federal income tax purposes were limited to the period of residence, (2) such individualís income derived from or connected with sources within Connecticut for the period of nonresidence, computed as if the taxable year for federal income tax purposes were limited to the period of nonresidence, and determined under Part II as if the part-year resident were a nonresident and (3) the special accruals required under this Part.

(b) While this section pertains to Section 12-717(a) of the general statutes, for purposes of supplementary interpretation, as the phrase is used in Section 12-2 of the general statutes, the adoption of this section is authorized by Section 12-701(c) of the general statutes.

(Effective November 18, 1994.)