Sec. 22-2.4. Amendments of declaration

Tax Law, § 1460(d)

In making a declaration of estimated tax, the taxpayer is required to take into account the then existing facts and circumstances as well as those reasonably to be anticipated which relate to the prospective article 32 tax. Amended or revised declarations may be made in any case in which the taxpayer finds that its estimated tax differs from the estimated tax reflected in its most recent declaration of estimated tax. However, an amended declaration may only be made on an installment date (see section 22-3.4 of this Part - Other installments of estimated tax), and no further amendments may be made until a succeeding installment date. The amended declaration shall be made on form CT-400 and marked “AMENDED.” No refund will be issued as a result of the filing of an amended declaration. Consideration will be given to a refund only in connection with a completed return filed by a taxpayer for the taxable year covered by its declaration or amended declaration.