How are trusts and estates affected by the increase in the highest marginal rate?
The flat income tax rate for trusts and estates was increased to 6.5%. A trust or estate required to make estimated payments should use the 6.5% rate to calculate the 2009 taxable year fourth quarter estimated payment due January 15, 2010. Effect on Other Documents: None affected. Effect of This Document: An Informational Publication issued by DRS addresses frequently asked questions about a current position, policy, or practice, usually in a less technical question and answer format. For Further Information: Call DRS during business hours, Monday through Friday: • 1-800-382-9463 (Connecticut calls outside the Greater Hartford calling area only); or • 860-297-5962 (from anywhere). TTY, TDD, and Text Telephone users only may transmit inquiries anytime by calling 860-297-4911. Forms and Publications: Visit the DRS website at www.ct.gov/DRS to download and print Connecticut tax forms and publications. Paperless Filing/Payment Methods (fast, easy, free, and confidential): Business and indi
