Connecticut

TKT Payroll Software
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Connecticut

The purpose of this web page is to help you setup TKT Payroll for proper Connecticut tax withholding.

An Annual Personal Exemption amount must be determined for each employee and entered in the next to last field in each employee's record. Click the Connecticut website link below. Use the TABLE A - EXEMPTIONS to determine the Annual Personnal Exemption amount.

https://portal.ct.gov/-/media/DRS/Forms/2024/WTH/TPG-211_1223.pdf

TABLE E - PERSONAL TAX CREDITS - The decimal amount of the Personal Tax Credit is shown on the same page. The decimal amount must be used to determine the Annual Tax Credit amount to be entered in the last field in each employee's record in TKT Payroll.

Example:

Employee withholding code F (Single).

Annual Salary............................... 0 - 30000
Table A - Exemption Amount...... 15000 (enter in next to last field of employee's
record)
Table E - Personal Tax Credit Decimal Amount .15

The following calculation has to be done only one time. It is necessary to determine
the employee's Annual Personal Tax Credit amount to be entered in last field in each
employee's record in TKT Payroll.

Annual Salary
Minus Exemption Amount
Annual Taxable Income
Calculate Tax on 1st
Tax on amount over 10000

30000
15000
15000
10000
5000

X
X

.03
.05

=
=

300.00
250.00
550.00

In addition, always type the number 1 in the employee record field titled "State Tax Exemptions or Decimal Number for Percent of Federal Tax ->" for proper calculation of the Annual Tax Credit by the software.

Initial Annualized Taxable Income. 550.00
Personal Tax Credit Decimal Amt.... X .15
Annual Personal Tax Credit amount 82.50 (enter in last field of
employee's record)