{"data":{"id":"us-ct/conn.-gen.-stat.-12-704j","jurisdiction":"us-ct","citation":"Conn. Gen. Stat. § 12-704j","heading":"Credit for owner of family child care home.","body":"(a) There shall be allowed a credit against the tax imposed by this chapter, other than the liability imposed by section 12-707, for a taxpayer who owns a family child care home, as described in section 19a-77 and is licensed under section 19a-87b, in the amount of five hundred dollars per family child care home.\n(b) If the taxpayer is an S corporation or an entity treated as a partnership for federal income tax purposes, the credit may be claimed by the taxpayer's shareholders or partners. If such taxpayer is a single member limited liability company that is disregarded as an entity separate from its owner, the credit may be claimed by such limited liability company's owner, provided such owner is subject to the tax imposed under this chapter.\n(c) If the amount of the credit allowed pursuant to this section exceeds such taxpayer's tax liability for the tax imposed under this chapter, the Commissioner of Revenue Services shall treat such excess as an overpayment and, except as provided in section 12-739 or 12-742, shall refund the amount of such excess, without interest, to such taxpayer.","path":["TITLE 12. TAXATION","CHAPTER 229. INCOME TAX"],"source_url":"https://www.cga.ct.gov/2026/sup/chap_229.htm#sec_12-704j","current_through":"Revised to January 1, 2026 (2026 Supplement to the General Statutes of Connecticut, applied over the base revision of January 1, 2025)","vintage":"","retrieved_at":"2026-09-06T19:07:22Z","sha256":"6a53ba0e3d9649b9cac2b353e879aa0c97431563ba2fd646886263ed3a9fa8c5","source_id":"us-ct","stale":false,"prev":"us-ct/conn.-gen.-stat.-12-791-to-12-799","next":"us-ct/conn.-gen.-stat.-12-704k"},"notice":"GroundRules: Original legal text. Not legal advice."}