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Form 6765 for Stamford Connecticut: What You Should Know
May 17, 2025 — Description and Purpose — Subsection (1)(b): “This section provides for the reduction of an individual's payroll tax liability. The reduction shall be in addition to the relief or credit otherwise available under other sections of the tax code, including section 63(l) of the Internal Revenue Code, the credit provided under section 63-4 of the Internal Revenue Code, the credit provided under section 66-20(a) of the Internal Revenue Code, or the reduction of other payroll assistance available under state or local laws or ordinances.” The credit amount and its phase-out may be used to offset (as offset) income taxes paid over “any calendar year with respect to any employer or other person who is required to make remittances to the individual's former employer” and must be applied to the person's “last-year” tax liability. The credit amount can only be applied for the first taxable year. Subsection (2): “To provide relief to a taxpayer, the section shall provide for the reduction of an individual's wage (income tax) liability. Relief may be in addition to, or in excess of, the relief or credit otherwise available under other sections of the tax code, including section 63(l) of the Internal Revenue Code, the credit provided under section 63-4 of the Internal Revenue Code, the credit provided under section 66-20(a) of the Internal Revenue Code, or the reduction of other payroll assistance available under state or local laws or ordinances.” This section applies only to individuals who have “been totally disabled and who are resident in the city; and who meet the eligibility criteria and are entitled to the tax credit. Any amount of the credit in excess of the tax liability owed by a taxpayer shall be credited against the taxpayer's next taxable year's tax liability.” The credit amount has a maximum of 500 for the first year of the credit and then phases out to 250 per tax year for subsequent years. The credit cannot be claimed against other municipal income taxes. The credit is in addition to, not in lieu of the other relief or credits of the code. If you are an individual who is totally or partially disabled you can apply the credit for the 2025 tax year. Sep 29, 2025 — Description of the Credit — Section (1)(a): “This section provides for the reduction of an individual's payroll tax liability.
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