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).

Property owners must respond if they are mailed a form. If you feel you have received a Income and Expense Report in error please contact the Assessor's Office as soon as possible. Do not disregard. Failure to file the report by the deadline results in a penalty assessment.

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 does not generate income because it 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 P.A. 23-156 upon determination that there is good cause, the assessor may grant an extension to not later than the first day of July to submit such information, if the owner of such property files a request for an extension with the assessor not later than June 1st.

Penalties

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.

Forms

• IE General Forms with cover (PDF): Report of Income and Expense for the calendar year 2024. Property is subject to 10% assessment penalty if not received by June 1, 2025.