Other Helpful Information

• Waiver of Penalty
• Rounding Off to Whole Dollars
• Recordkeeping
• Signature
• Paid Preparer
• Power of Attorney
• Change of Address
• Copies of My Returns
• Status Letter

Waiver of Penalty

To make a penalty waiver request, complete and submit Form DRS-PW, Request for Waiver of Civil Penalty, to the DRS Operation Bureau/Penalty Waiver through myconneCT, by mail, or fax.

For more information about the penalty waiver process, see Penalty Waiver Request, Offer of Compromise or Protest.

Rounding Off to Whole Dollars

You must round off cents to the nearest whole dollar on your return and schedules. If you do not round, DRS will disregard the cents. Round down to the next lowest dollar all amounts that include 1 through 49 cents. Round up to the next highest dollar all amounts that include 50 through 99 cents. However, if you need to add two or more amounts to compute the amount to enter on a line, include cents and round off only the total.

Example: Add two amounts ($1.29+$3.21) to compute the total ($4.50) to enter on a line. $4.50 is rounded to $5.00 and entered on a line.

Recordkeeping

Keep a copy of the tax return, worksheets, and records of all items appearing on the return until the statute of limitations expires for that return. Usually, this is three years from the date the return was due or filed, whichever is later.

Signature

The taxpayer must sign and date Form DRS-CAN, Statewide Cannabis Tax Return.

Paid Preparer

A paid preparer must sign and date Form DRS-CAN. Paid preparers must also enter their Social Security Number (SSN) or Preparer Tax Identification Number (PTIN) and their firm’s Federal Employer ID Number (FEIN) in the spaces provided. 

Power of Attorney

To authorize one or more individuals to represent you or your business before Department of Revenue Services (DRS), use LGL-001, Power of Attorney. This authorization allows your representative(s) to receive and inspect confidential tax information and to act on your behalf in matters before DRS.

Submit LGL-001 electronically by sending it to DRS through a secure web message in myconneCT. Log in to myconneCT, open the More …menu, locate the Correspondence group and click the Send a Message hyperlink.

Change of Address

Taxpayers can change their address through myconneCT.

1. Log in to myconneCT.
2. Open the More... menu.
3. Locate the Taxpayer Updates group and click the Manage Names & Addresses hyperlink.
4. Continue to follow the prompts on the screen.