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The maximum property tax credit is $200 per return [183] and any excess may not be refunded or carried forward. [184] According to the Tax Foundation, on a per capita basis in the 2017 fiscal year Connecticut residents paid the 3rd highest average property taxes in the nation after New Hampshire and New Jersey. [185]
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Examples of services provided include police and fire protection, maintenance of roads or public recreation facilities, or to provide various utilities. A special tax district has the right under Connecticut law to levy taxes on real estate and personal property within its borders. This tax is in addition to any taxes owed to parent town.
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Middletown is a city in Middlesex County, Connecticut, United States. Located along the Connecticut River, in the central part of the state, it is 16 miles (26 kilometers) south of Hartford. Middletown is the largest city in the Lower Connecticut River Valley Planning Region.
Take Advantage of Tax-Loss Harvesting. If you have investments in a taxable brokerage account, you can use a strategy called tax-loss harvesting to potentially lower your tax bill.
The U.S. state of Connecticut is divided into 169 municipalities, including 19 cities, 149 towns and one borough, which are grouped into eight historical counties, as well as nine planning regions which serve as county equivalents.
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