Other Helpful Information
- Filing and Paying by Mail
- Requesting a Refund for the Student Loan Payment Tax Credit
- Waiver of Penalty
- Rounding Off to Whole Dollars
- Recordkeeping
- Signature
- Paid Preparer Signature
- Power of Attorney
- Fraud Reporting Form or DRS Fraud Hotline: 855-842-1441
- Change of Address
- Copies of My Returns
- Status Letter
Those granted an electronic filing and payment waiver may file by paper and make payment by check. Complete this return in blue or black ink only. Do not use staples. To request a one-year waiver from the electronic filing requirement, visit portal.ct.gov/DRS and complete Form DRS‑EWVR, Electronic Filing and Payment Waiver Request. Please note that each form is year specific. To prevent any delay in processing your return, the correct year’s form must be submitted to DRS. If you pay by mail, make check payable to Commissioner of Revenue Services. To ensure payment is applied to your account, write “2024 Form 207F” and your Connecticut Tax Registration Number on the front of your check. DRS may submit your check to your bank electronically.
Mail paper return to:
Department of Revenue Services
State of Connecticut
PO Box 2990
Hartford CT 06104-2990
Attachments: Attach the following to this return:
- A copy of Schedule T, as filed with the Connecticut Insurance Department;
- Connecticut state business page from the Annual Statement filed with the Connecticut Insurance Department;
- 2024 Schedule GAA, if applicable;
- 2024 Form 207I, if applicable;
- 2024 Form CT‑207K, if applicable;
- Any forms, certificates, and/or supporting documents required to claim credits, if applicable; and
- Forms and worksheets required for the retaliatory calculation.
Requesting a Refund for the Student Loan Payment Tax Credit
Application Procedure for Credit to be issued in the Form of a Refund
Check the Yes box on the Form 207F if the insurance company is requesting a refund for the Student Loan Payment tax credit available under Conn. Gen. Stat. § 12‑217qq. Enter the amount of credit refund requested in the space provided on Page 1 of Form 207F. File Form CT‑RSLP, Application for Refund of Student Loan Payment Tax Credits by a Qualified Small Business, separately from Form 207F. Attach Form CT‑SLP, Student Loan Payment Tax Credit, and all required supporting schedules and documentation to Form CT‑RSLP. After filing Form 207F, mail the completed application for refund and supporting information to:
Department of Revenue Services
State of Connecticut
PO Box 150420
Hartford, CT 06115-0420
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 fax, or by mail.
For more information about the penalty waiver process, see Penalty Waiver Request, Offer of Compromise or Protest.
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.
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.
The treasurer of the company, or a principal officer of the company, must sign Form 207F, Connecticut Insurance Premiums Tax Return - Nonresident and Foreign Companies.
A paid preparer must sign and date Form 207F. 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.
To authorize one or more individuals to represent you or your business before the Department of Revenue Services (DRS), submit form 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.
Complete and attach LGL‑001 through myconneCT at portal.ct.gov/DRS-myconneCT.
To attach LGL‑001 through myconneCT:
- Log into myconneCT.
- Click the More… tab.
- Under the Forms panel click the Submit LGL-001- for Power of Attorney hyperlink.
LGL-001 must be completed and signed prior to submission on myconneCT.
Page Last Reviewed or Updated: 16-Dec-2024