Connecticut

Tax Rate Range: Low - 3.0%; High - 5.0%
Income Brackets: * Lowest - First $10,000; Highest - Over $10,000 (Click here to estimate your tax)
Number of Brackets: 2
Personal Exemptions: ** Single - $12,750; Married - $24,000; Dependents - $0 (Click for details)
Standard Deduction: None
Medical/Dental Deduction: None
Federal Income Tax Deduction: None
Retirement Income Taxes: Social Security is exempt for individual taxpayers with federal adjusted gross income of less than $50,000 and for married filing jointly taxpayers, with federal AGI below $60,000. All out-of-state government and federal civil service pensions are fully taxed. Tax information for seniors (click here).
Retired Military Pay: Follows federal rules.

State Tax Software

Military Disability Retired Pay: Disability Portion - Length of Service Pay; Member on September 24, 1975 - No tax; Not Member on September 24, 1975 - Taxed, unless combat incurred. Retired Pay - Based solely on disability: Member on September 24, 1975 - No tax; Not Member on September 24, 1975 - Taxed, unless all pay based on disability and disability resulted from armed conflict, extra-hazardous service, simulated war, or an instrumentality of war.
VA Disability Dependency and Indemnity Compensation: Not subject to federal or state taxes
Military SBP/SSBP/RCSBP/RSFPP: Generally subject to state taxes for those states with income tax. Check with state department of revenue office.

* For joint returns, the taxes are twice the tax imposed on half the income.

** Combined personal exemptions and standard deduction. An additional tax credit is allowed ranging from 75% to 0% based on state adjusted gross income. Exemption amounts are phased out for higher income taxpayers until they are eliminated for household earning over $52,000.

Sales Taxes

State Sales Tax: 6% (food, prescription & non-prescription drugs exempt).
Gasoline Tax: 40.5 cents/gallon
Diesel Fuel Tax: 39.8 cents/gallon
Cigarette Tax: $1.51/pack of 20.

Property Taxes

Taxes and real and personal property are assessed and collected by individual towns or other taxing districts. All assessments are at 70% of fair market value. An annual property tax credit or rent rebate is available to residents, age 65 or older, or to a surviving spouse of a previously approved applicant who is age 50 or older. Regardless of age, totally disabled persons are also eligible. Income parameters apply.
Municipalities may provide additional tax relief for seniors. Call 800-286-2214 or 860-297-5962 for details.

Estate Taxes

Connecticut imposes an estate tax which taxes the transfer of estates valued at $2 million or more at a progressive rate starting with 5 percent of the first $100,000 over the threshold and rising to 16 percent for the amount above $10 million.

For further information, visit the Connecticut Department of Revenue site. Also click here for more details.