CT Amended Return

While preparing our tax year 2005 returns, I realized that I had made an error with our Tax year 2004 tax submissions . The error, not properly recognizing a rental property as actively managed (versus passive) seemingly will result in an ~$500 refund from the feds. I used Tax Cut to prepare out returns. It was fairly straight forward to prepare a federal 1040-X. Unfortunately the Tax Cut CT state program does not seem to support an amended return. Further the CT refund would be quite small, an amount I would gladly ignore do to the "hassle factor'! My question: Is there any problem if I amend our Federal return, but not the CT?

-don

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Reply to
don
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I'm surprised TaxCut doesn't support the CT 1040X. I'm sure TurboTax does. You may technically be required to report any federal tax change to Connecticut. However, no one will penalize you for allowing the state to keep your money . If it isn't worth your time and effort to amend the return, don't bother. Katie in San Diego

Reply to
Katie

Thanks for confirming my "gut opinion"! I doubt the CT refund would be that meaningful, as the fed is only $500 -- thus I will just skip the CT change. Again -- Thanks!!!

PS -- I lived in CA for 23 years, before moving "back" to CT; San Diego is definitely the place to live !!

Reply to
don

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