Connecticut State Department of Revenue Services

Holiday Closure: The Department of Revenue Services will be closed on Wednesday, January 1st, a state holiday.

Upcoming CT DRS webinar: Select to register for the upcoming Withholding Forms W-2 and 1099 Annual Filing Webinar on Wednesday, January 15, 2025, at 10:00 a.m.

AN 96(6)

Estimated Domestic Insurance Tax Payments By Electronic Funds Transfer

PURPOSE: This announcement alerts Domestic Insurance Tax filers of new requirements when using the Electronic Funds Transfers (EFT) payment method.

EFT ELIMINATES USE OF COUPONS: When using EFT to make payments, you are no longer required to mail in a Form CT-207 ESA, ESB, ESC or ESD coupon each quarter. To ensure proper application of your payment, use the EFT tax type code listed below when making payments:

ESTIMATED
PAYMENT:
EFT Tax Type  
Code:  
 Replacescoupon:  Due date:  
first 07111 CT-207 ESA    March  15  
second 07112       CT-207 ESB    June 15   
third  07113 CT-207 ESC    Sept. 15   
fourth 07114 CT-207 ESD    Dec. 15   

WHO CAN USE EFT?: Only taxpayers making Domestic Insurance Tax estimated payments can use EFT. All other payments made with extensions or completed returns MUST be paid by check.

TIMELY FILING OF EFT TAX PAYMENTS: EFT tax payments must be credited to the State of Connecticut's bank account on or before the due date to be considered timely.

Taxpayers using the Automated Clearing House (ACH) Debit method must initiate their transactions no later than 4:30 p.m. Eastern Time on the last banking day prior to the due date. Taxpayers using the ACH Credit method should consult with their financial institution.

EFFECT OF THIS DOCUMENT: An Announcement is a document that alerts taxpayers to important information. Such information may include new administrative policies or procedures of the Department.

RELATED FORMS AND PUBLICATIONS:

IP 93(2.1), Q & A on Paying Taxes By Electronic Funds Transfer
SN 96(5), 1996 Legislative Changes Affecting Payment of Connecticut Taxes By Electronic Funds Transfer

EFFECT ON OTHER DOCUMENTS: None.

PLEASE NOTE THE FOLLOWING NEW INFORMATION ABOUT DRS.

FOR FURTHER INFORMATION: To order forms and publications or for further information, call the Department of Revenue Services at 860-297-5962 (Hartford area or out-of-state) or 1-800-382-9463 (in-state). Forms and publications may be ordered through voice-mail 24-hours a day by choosing Option 3 on your touch tone telephone.

Telecommunications Device for the Deaf (TDD/TT) users only call 860-297-4911 during business hours.

AN 96(6)
Domestic Insurance Tax
Issued: 9/3/96