PTIN requirement.   Paid preparers must enter their Preparer Tax Identification Number (PTIN) in the Paid preparer use only section in Part 5 of Form CT-1 X for all Forms CT-1 X filed after December 31, 2010. For more information, visit the IRS website at www.irs.gov/taxpros.

Qualified employer's Tier I tax exemption.   Qualified employers are allowed an exemption for their share (6.2%) of Tier I employer tax on compensation paid to qualified employees after March 31, 2010, and before January 1, 2011. Any errors discovered on previously filed Forms CT-1 for this exemption are corrected on lines 6b, 6c, and 12b of Form  
CT-1 X.

Qualified employer's Tier I tax credit.   Qualified employers are allowed a credit in the second quarter of 2010 for their share (6.2%) of Tier I employer tax on compensation paid to qualified employees after March 18, 2010, and before April 1, 2010. Any errors discovered on previously filed Forms CT-1 for this credit are corrected on lines 17a and 17b of Form CT-1 X.