Income & Expense Reports
Connecticut General Statutes, Section 12-63c requires all owners of rental property to annually submit or make available to the Assessor not later than the first day of June, on a form provided by the Assessor, the best available information disclosing the actual rental and rental-related income and operating expenses applicable to such property. Any information related to the actual rental and rental-related income and operating expenses will remain confidential, shall not be a public record, and is not subject to the provisions of Connecticut General Statute 1-210 (Freedom of Information Act).
Residential Rental Property
Property used solely for residential purposes, containing not more than six dwelling units and in which the owner resides need only submit the report as “Owner-Occupied.” Residential rental properties which are not owner-occupied, or properties containing more than living six units must complete the report and submit it to the Assessor not later than the first day of June
Mixed Use, Commercial or Industrial Property
If a non-residential property is partially rented and/or partially owner-occupied this report must be filed. If the property is 100% owner-occupied, please write “100% Owner-Occupied” on form and return it to the Assessor’s Office. If you have any questions, please call the Assessor’s Office.
Extension to File
As per PA 09-196 Upon determination that there is good cause, the Assessor may grant an extension of not more than thirty days to file an Income and Expense report, if the owner of such property files a request for an extension with the Assessor not later than May first.
Important! In accordance with Connecticut General Statute Section 12-63c (d), any owner of rental real property who fails to file this form by June 1st, or files an incomplete or false form with intent to defraud shall be subject to a penalty equal to a 10% increase in the assessed value of such property.
IE General Forms with cover (PDF): Report of Income and Expense for the calendar year 2018. Property is subject to 10% assessment penalty if not received by June 1, 2020.
REGARDING FILING DEADLINE FOR INCOME AND EXPENSE REPORTS
It is our sincere wish everyone is safe and in good health during this unprecedented time.
Be advised, on April 1, 2020 Governor Ned Lamont signed Executive Order 7S. Section 10 of this order extended the deadline to submit all Income and Expense Reports from June 1, 2020 to August 15, 2020.
This office will continue to receive these forms via mail, email, or facimile.
If there are any questions regarding this report please feel free to contact this office. We continue to serve the public and are currently available to assist by phone, or email.
For the most up-to-date information from the State of Connecticut on COVID-19, including an FAQ and other guidance and resources, residents are encouraged to visit ct.gov/coronavirus.