Alabama Form 20C – Fill Out and Use This PDF

The Alabama 20C form, officially issued by the Alabama Department of Revenue, serves as the Corporation Income Tax Return for entities operating within the state. It encompasses various income, tax payment, and deduction details that companies must accurately report for the fiscal or calendar year. Detailed instructions accompany the form to aid in correct filing, highlighting filing statuses, apportionment calculations, and specific Alabama tax adjustments. For those looking to ensure their corporation complies with Alabama’s tax regulations, completing and filing the Alabama 20C form diligently is a crucial step. Make sure your corporation meets its tax obligations by clicking the button below to fill out the form.

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Alabama Form 20C PDF Details

In the state of Alabama, corporations are required to navigate through various tax-related forms and procedures, one of which is the Alabama 20C Corporation Income Tax Return form. Serving as a crucial document for the fiscal year 2010, this form is tailored to cater to different corporate structures within the state, ranging from those operating solely in Alabama to multisite corporations and those filing as part of a consolidated federal return. Among its key features are sections designated for identifying the corporation's detailed financial standing, including federal taxable income, net operating losses, adjustments based on Alabama-specific requirements, and the apportionment of income for those operating in multiple states. Furthermore, this comprehensive document outlines necessary calculations such as the Alabama apportionment factor and detailed schedules for reconciling federal taxable income to Alabama's taxable basis. It also accounts for various deductions, additions, and tax credits, emphasizing its role as a pivotal tool in ensuring corporations comply with state tax regulations. Designed with complexity, it integrates essential elements like the Federal Employer Identification Number, state of incorporation, and nature of business within Alabama, ensuring a thoroughly documented tax filing process. With its intricate structure, the Alabama 20C form exemplifies the multifaceted nature of corporate tax obligations and stands as a testament to the detailed reporting required to meet state mandates effectively.

Question	Answer
Form Name	Alabama Form 20C
Form Length	5 pages
Fillable?	Yes
Fillable fields	214
Avg. time to fill out	22 min 3 sec
Other names	alabama 20c instructions 2020, alabama form 20c, alabama state filing instructions form 20c, al 20c instructions

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					1000012C					ALABAMA DEPARTMENT OF REVENUE •FY
		FORM														•CY	2010
		20C								Corporation Income Tax Return •SY
		20C								Corporation Income Tax Return •SY
																		ADOR
		For the year January 1 – December 31, 2010, or other tax year beginning •_______________________, 2010, ending •_______________________, ________
			FEDERAL BUSINESS CODE NUMBER						FEDERAL EMPLOYER IDENTIFICATION NUMBER					Filing Status: (see instructions)
	Check		•						•					Filing Status: (see instructions)
	Check		•						•
	applicable		NAME											•	1. Corporation operating only in
		box:	•												Alabama.
			ADDRESS											•	2. Multistate Corporation –
		Initial												•	2. Multistate Corporation –
•		Initial													Apportionment (Sch. D-1).
•		return	CITY, STATE, COUNTRY (IF NOT U.S.)								9-DIGIT ZIP CODE				Apportionment (Sch. D-1).
		Final									•			•	3. Multistate Corporation –
•		Final	STATE OF INCORPORATION		DATE OF INCORPORATION			DATE QUALIFIED IN ALABAMA		NATURE OF BUSINESS IN ALABAMA					Percentage of Sales (Sch. D-2).
		return	•		•			•		•					Percentage of Sales (Sch. D-2).
		return	•		•			•		•				•	4. Multistate Corporation – Separate
		Amended	•	This company files as part of a consolidated federal return.										•	4. Multistate Corporation – Separate
•		Amended	•												Accounting (Prior written approval
		return	Common parent corporation: (See page 4, “Other Information,” item 5.)												Accounting (Prior written approval
		return													required and must be attached).
															required and must be attached).
		Address	Name						FEIN •					•	5. Proforma Return – files as part of
•		change	•	Notification of Final IRS change		•	Federal Form 1120-REIT filed					•	2220AL Attached		Alabama Affiliated Group.
															Alabama Affiliated Group.


1	FEDERAL TAXABLE INCOME (see instructions)					. . . . . . .	.	. . . . . . .	. . . . . . . . . . . . . . . . . . .	. .	. . . .	. . . . . . .	. . . . . . . . . . . . . . . . . . . . .	. . . . . . .	1	•
2	. . . . . . . .Federal Net Operating Loss (included in line 1)					. . . . . . .	.	. . . . . . .	. . . . . . . . . . . . . . . . . . .	. .	. . . .	. . . . . . .	. . . . . . . . . . . . . . . . . . . . .	. . . . . . .	2	•
3	.Reconciliation adjustments (from line 25, Schedule A)					. . . . . . .	.	. . . . . . .	. . . . . . . . . . . . . . . . . . .	. .	. . . .	. . . . . . .	. . . . . . . . . . . . . . . . . . . . .	. . . . . . .	3	•
4	. . . . . . . . . . . . . . . .Federal taxable income adjusted to Alabama Basis (add lines 1, 2 and 3)									. .	. . . .	. . . . . . .	. . . . . . . . . . . . . . . . . . . . .	. . . . . . .	4	•
5	. . . . . . . . . . .Net nonbusiness (income)/loss – Everywhere (from Schedule C, line 2, col. E)									. .	. . . .	. . . . . . .	. . . . . . . . . . . . . . . . . . . . .	. . . . . . .	5	•
6	. . . . . . . . . . . . .Apportionable income (add lines 4 and 5)					. . . . . . .	.	. . . . . . .	. . . . . . . . . . . . . . . . . . .	. .	. . . .	. . . . . . .	. . . . . . . . . . . . . . . . . . . . .	. . . . . . .	6	•
7	. .Alabama apportionment factor (from line 26, Schedule D-1)						.	. . . . . . .	. . . . . . . . . . . . . . . . . . .	. .	. . . .	. . . . . . .	. . . . . . . . . . . . . . . . . . . . .	. . . . . . .	7	•	%
8	. . . .Income apportioned to Alabama (multiply line 6 by line 7)						.	. . . . . . .	. . . . . . . . . . . . . . . . . . .	. .	. . . .	. . . . . . .	. . . . . . . . . . . . . . . . . . . . .	. . . . . . .	8	•
9	. . . . . . . . . . . . . .Net nonbusiness income/(loss) – Alabama (from Schedule C, line 2, col. F)									. .	. . . .	. . . . . . .	. . . . . . . . . . . . . . . . . . . . .	. . . . . . .	9	•
10	. . . . . . . . . . . . . . . . .Alabama income before federal income tax deduction (line 8 plus line 9)									. .	. . . .	. . . . . . .	. . . . . . . . . . . . . . . . . . . . .	. . . . . . .	10	•
. . . . . . . . . . . . . . . . . . . . . . .11a Federal income tax deduction /(refund) (from line 12, Schedule E)										. .	. . . .	. . . . . . .	. . . . . . . . . . . . . . . . . . . . .	. . . . . . .	11a	•
	b Small Business Health Insurance Premiums (see instructions)						.	. . . . . . .	. . . . . . . . . . . . . . . . . . .	. .	. . . .	. . . . . . .	. . . . . . . . . . . . . . . . . . . . .	. . . . . . .	11b	•
12	. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Alabama income before net operating loss (NOL) carryforward (line 10 less lines 11a and b)													. . . . . . .	12	•
13	. . . . . . . . . . . .Alabama NOL deduction (see instructions)					. . . . . . .	.	. . . . . . .	. . . . . . . . . . . . . . . . . . .	. .	. . . .	. . . . . . .	. . . . . . . . . . . . . . . . . . . . .	. . . . . . .	13	•
14	. . . . . . . . .Alabama taxable income (line 12 less line 13)					. . . . . . .	.	. . . . . . .	. . . . . . . . . . . . . . . . . . .	. .	. . . .	. . . . . . .	. . . . . . . . . . . . . . . . . . . . .	. . . . . . .	14	•
															CN
15	Alabama Income Tax (6.5% of line 14)
15	Alabama Income Tax (6.5% of line 14)				. . . . . . . . . . . . . . . .	. . . . . . .	.	. . . . . . .	. . . . . . . . . . . . . . . . . . .	. .	. . . .	. . . . . . .	. . . . . . . . . . . . . . . . . . . . .	. . . . . . .	15	•

16Tax Payments, Credits, and Deferral:

a	Carryover from prior year (2009)	16a	•
b	2010 estimated tax payments	16b	•
c	2010 composite payment(s) made on behalf of this entity (see instructions)	16c		UNLESS A COPY OF THE
	Paid by •__________________________________ FEIN • __________________		•	UNLESS A COPY OF THE
			•	FEDERAL RETURN IS
d	Automatic extension payment	16d	•	FEDERAL RETURN IS
d	Automatic extension payment	16d	•	ATTACHED, THIS RETURN
e	Payments prior to adjustment	16e	•	WILL BE CONSIDERED
f	Credits (from line 8, Schedule F)	16f	•	INCOMPLETE. (SEE ALSO
g	LIFO Reserve Tax Deferral (see instructions)	16g	•	PAGE 4, OTHER
g	LIFO Reserve Tax Deferral (see instructions)	16g	•	INFORMATION, NO. 5.)
h	Total Payments, Credits, and Deferral (add lines 16a through 16g)	16h	•	INFORMATION, NO. 5.)
h		16h	•
17 Reductions/applications of overpayments
a	Credit to 2011 estimated tax	17a	•
b	Penny Trust Fund	17b	•
c	Penalty due (see instructions)	17c	•
d	Interest due (computed on tax due only)	17d	•
e	Total reductions (total lines 17a, b, c and d)	17e	•
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .18 Total amount due/(refund) (line 15 less 16h, plus 17e)		. . . . .	18	•
If you paid electronically check here:
If you paid electronically check here:

Please

Sign

Here

•I authorize a representative of the Department of Revenue to discuss my return and attachments with my preparer.

Under penalties of perjury, I declare that I have examined this return and accompanying schedules and statements, and to the best of my knowledge and belief they are true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.

( )

	Signature		Title			Date			Daytime Telephone No.

Paid	Preparer’s			Date					Preparer’s Social Security Number
	Preparer’s				Check if
	signature			•	Check if			•
Preparer’s	signature			•	self-employed			•

	Firm’s name (or yours, •			Tel. No. • (	)		E.I. No. •
Use Only	Firm’s name (or yours, •			Tel. No. • (	)		E.I. No. •
	if self-employed)
	if self-employed)	•					ZIP Code •
	and address	•					ZIP Code •

*1000022C*

ALABAMA 20C – 2010

PAGE 2

SCHEDULE A Reconciliation Adjustments of Federal Taxable Income to Alabama Taxable Income

§40-18-33, CODE OF ALABAMA 1975, defines Alabama Taxable Income as federal taxable income without the benefit of the federal net operating loss plus specific additions and less specific deductions. The specific additions and deductions are reflected in the lines provided below. Other reconciliation items include transition adjustments to prevent duplicate deduction or duplicate taxation of items previously deducted or reported on Alabama income tax returns.

ADDITIONS

1 State and local income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

2 Federal exempt interest income (other than Alabama) on state, county and municipal obligations (everywhere) . . . . . . . . . . . . . . . . . .

3Dividends from corporations in which the taxpayer owns less than 20 percent of stock to the extent properly deducted on

federal income tax return (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .


4		a Federal depreciation on pollution control items previously deducted for Alabama (see instructions)
		b Nondeductible Federal Depreciation (Economic Stimulus Act of 2008) (see instructions)
5	Net income from foreclosure property pursuant to §10-13-21 (real estate investment trust)
6	Related members interest or intangible expenses or costs. From Schedule AB (see instructions).
	Total Payments		6a	•	minus Exempt Amount	6b	•		equals
7		Captive REITS: Dividends Paid Deduction (from federal Form 1120-REIT)
8		•
9		Total additions (add lines 1 through 8)					. . . . . . . . . . . . . . . . . . . . . . .	. . . . .	. . . . . . .

1•

2 •

3•

4a •

4b •

5 •

6c •

7•

8 •

9 •

DEDUCTIONS

10 Refunds of state and local income taxes (due to overpayment or over accrual on the federal return) . . . . . . . . . . . . . . . . . . . . . . . . . . .

11 Interest income earned on direct obligations of the United States. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

12 Interest income earned on obligations of Alabama or its subdivisions or instrumentalities to extent included in

federal income tax return (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

13 Interest income earned on obligations issued prior to 12/31/1994 of this state or its subdivisions or instrumentalities

pursuant to §40-9B-7, to extent included in federal income tax return. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

14 Aid or assistance provided to the Alabama State Industrial Development Authority pursuant to §41-10-44.8(d) . . . . . . . . . . . . . . . . . . .

15 Expenses not deductible on federal income tax return due to election to claim a federal tax credit . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

16 Dividends described in 26 U.S.C. §78 from corporations in which taxpayer owns more than 20% of stock (see instructions) . . . . . . . . .

17 Dividend income – more than 20% stock ownership (including that described in 26 U.S.C. §951) from non-U.S.

corporations to extent dividend income would be deductible under 26 U.S.C. §243 if received from domestic corporations. . . . . . . . . .

18 Dividends received from foreign sales corporations as determined in U.S.C. §922 (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . .

19 Interest portion of rent paid under lease agreements entered into prior to January 1, 1995, relating to obligations of this state and its subdivisions pursuant to §40-9B-7(c) through (e) (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

20 Amount of the oil/gas depletion allowance provided by §40-18-16 that exceeds the federal allowance (see instructions) . . . . . . . . . . . .

21 Additional Alabama depreciation related to Economic Stimulus Act of 2008 (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

22 •

23 •

24 Total deductions (add lines 10 through 23) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

25 TOTAL RECONCILIATION ADJUSTMENTS (subtract line 24 from line 9 above)

Enter here and on line 3, page 1 (enclose a negative amount in parentheses). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

10•

11•

12•

•

13•

14•

15•

16•

17•

18•

19•

20•

21•

22•

23•

24•

25•

SCHEDULE B	Alabama Net Operating Loss Carryforward Calculation (§40-18-35.1, Code of Alabama 1975)
COLUMN 1		COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5

Loss Year End		Amount of Alabama	Amount used in years	Amount used	Remaining unused
MM / DD / YYYY		net operating loss	prior to this year	this year	net operating loss
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
Alabama net operating loss (enter here and on line 13, page 1).				•

ADOR

*1000032C*

ALABAMA 20C – 2010

PAGE 3

SCHEDULE C Allocation of Nonbusiness Income, Loss, and Expense – Use only if you checked Filing Status 2, page 1

Identify by account name and amount, all items of nonbusiness income, loss and expense removed from apportionable income and those items which are directly allocable to Alabama. Adjustment(s) must also be made for any proration of expenses under Alabama Income Tax Rule 810-27-1-4-.01, which states, “Any allowable deduction that is applicable to both business and nonbusiness income of the taxpayer shall be prorated to each class of income in determining income subject to tax as provided…” (See instructions.)

				ALLOCABLE GROSS INCOME / LOSS						RELATED EXPENSE					NET OF RELATED EXPENSE
	DIRECTLY ALLOCABLE ITEMS OF			Column A			Column B			Column C		Column D			Column E				Column F
	NONBUSINESS INCOME OR LOSS			Everywhere			Alabama			Everywhere			Alabama		Everywhere				Alabama

1a	•
b •
c •
d •
e •
2	NET NONBUSINESS INCOME / LOSS														Column E				Column F
	Enter Column E total ((income)/loss) on line 5 of page 1. Enter Column F total (income/(loss)) on line 9 of page 1												.	. . . . . . . . . . . . .	•
SCHEDULE D-1		Apportionment Factor Schedule – Use only if you checked Filing Status 2, page 1 – Amounts must be Positive (+) Values
	TANGIBLE PROPERTY AT COST FOR							ALABAMA							EVERYWHERE
	PRODUCTION OF BUSINESS INCOME					BEGINNING OF YEAR				END OF YEAR				BEGINNING OF YEAR				END OF YEAR

1	Inventories				•
2	Land				•
3	Furniture and fixtures				•
4	Machinery and equipment				•
5	Buildings and leasehold improvements				•
6	IDB/IRB property (at cost)				•
7	Government property (at FMV)				•
8	•				•
9	Less Construction in progress (if included)				•
10	Totals				•
11	Average owned property (BOY + EOY ⎟ 2)								•								•
12	Annual rental expense				•		x8 =								x8 =
13	. . . . .Total average property (add line 11 and line 12)				. . .	. . . .	. . . . . . . . . . . . . . .	13a	•					. . . . . . . . . . . . . .	. . . . . . . .	13b	•
14	Alabama property factor — 13a ⎟ 13b = line 14				. . . . . . .		. . . . . . . . . . . . . . . .	. . . . . .	. . . . .	. . . . . . . . . . . . . . . . .	. . . . . .	.		. . . . . . . . . . . . . . . . . . . . . . .		14	•	%
	SALARIES, WAGES, COMMISSIONS AND OTHER COMPENSATION								15a	ALABAMA				15b EVERYWHERE			15c
	RELATED TO THE PRODUCTION OF BUSINESS INCOME
15	Alabama payroll factor — 15a ⎟ 15b = 15c			. . . . . . . . .	. . . . . . . .		. . . . . . . . . . . . . . . .	. . . .	•									%
		SALES								ALABAMA				EVERYWHERE

16	. . . . . . . . . . . . . . . . . .Destination sales (see instructions)				. . . . . . .		. . . . . . . . . . . . . . . . .	. . .	•
17	. . . . . . . . . . . . . . . . . . . . . . .Origin sales (see instructions)				. . . . . . .		. . . . . . . . . . . . . . . . .	. . .	•
18	. . . . . . . . . . . . . . . . . . . . . .Total gross receipts from sales				. . . . . . .		. . . . . . . . . . . . . . . . .	. . .	•
19	. .Dividends	. . . . . . . . . . . . . . . . .	. . . . . . . . . . . . . .		. . . . . . .		. . . . . . . . . . . . . . . . .	. . .	•
20	. .Interest	. . . . . . . . . . . . . . . . .	. . . . . . . . . . . . . .		. . . . . . .		. . . . . . . . . . . . . . . . .	. . .	•
21	. .Rents	. . . . . . . . . . . . . . . . .	. . . . . . . . . . . . . .		. . . . . . .		. . . . . . . . . . . . . . . . .	. . .	•
22	. .Royalties	. . . . . . . . . . . . . . . . .	. . . . . . . . . . . . . .		. . . . . . .		. . . . . . . . . . . . . . . . .	. . .	•
23	. . . . .Gross proceeds from capital and ordinary gains				. . . . . . .		. . . . . . . . . . . . . . . . .	. . .	•
24	Other •__________________________________ (Federal 1120, line •_____ )								•
25	. . . . . . .Alabama sales factor — 25a ⎟ 25b = line 25c				. . . . . . .		. . . . . . . . . . . . . . . . .	. . .	25a •					25b			25c	%
26	Sum of lines 14, 15c, and 25c ⎟ 3 = ALABAMA APPORTIONMENT FACTOR (Enter here and on line 7, page 1)														. . . . . . . .	26	•	%

SCHEDULE D-2		Percentage of Sales – Use only if you checked Filing Status 3, page 1 – See instructions

DO NOT USE THIS SCHEDULE IF ALABAMA SALES EXCEED $100,000.

1 Destination Sales . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

2 Origin Sales . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

3 Total gross receipts from sales . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

4 Tax due (multiply line 3, Alabama by .0025) (enter here and on page 1, line 15) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

ALABAMA

EVERYWHERE

•

ADOR

*1000042C*

ALABAMA 20C – 2010

PAGE 4

SCHEDULE E Federal Income Tax (FIT) Deduction/(Refund)

(a)If this corporation is an accrual-basis taxpayer and files a separate (nonconsolidated) federal income tax return with the IRS, skip to line 6 and enter the amount of federal income tax liability shown on Form 1120. Cash- basis taxpayers filing separate (nonconsolidated) federal returns should enter on line 6 below the amount of federal income tax actually paid during the year.

(b)Methods 1552(a)(1) or 1552(a)(2), enter on line 6 the amount of the consolidated tax liability allocated to this corporation from line 5.

(c)If using Method 1552(a)(3), enter on line 6 the amount of the consolidated tax allocated to this corporation. Attach a schedule of your computations. Ignore any supplemental elections under IRC §1502.

If this corporation is a member of an affiliated group which files a consolidated federal return, indicate the number of the election made under IRC §1552.

•

1552(a)(1) •

1552(a)(2) •

1552(a)(3) •

No Election Made

•Other ______________________________________________________________

1552(a)(1) enter separate company income from line 30 of the proforma 1120 for this company on line 1.

1552(a)(2) enter separate company tax liability from line 31 of the proforma 1120 for this company on line 1.

1	. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .This company’s separate federal taxable (income/tax)		1	•
2	. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Total positive consolidated federal taxable (income/tax)		2	•
3	. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .This company’s percentage (divide line 1 by line 2)		3	•	%
4	. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Consolidated federal income tax (liability/payment)		4	•
5	. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Federal income tax for this company (multiply line 3 by line 4)		5	•

6	Federal income tax to be apportioned		6	•
7	. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Alabama income, page 1, line 10		7	•
8	. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Adjusted total income, page 1, line 4		8	•
9	. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Federal income tax ratio (divide line 7 by line 8)		9	•	%
10	. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Federal income tax apportioned to Alabama (multiply line 6 by line 9)		10	•
11	. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Less refunds or adjustments		11	•
12	. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Net federal income tax deduction / <refund>		12	•
	SCHEDULE F	Credits/Exemptions Caution – See Instructions
1	Alabama Enterprise Zone Credit/Exemptions		1	•
2	. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Employer Education Credit		2	•
3	Income Tax Credit . .		3	•
4	. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Tax Increment Fund Payment Credit		4	•
5	Coal Tax Credit		5	•
6	Capital Tax Credit	(Project Number(s) •______________________, •______________________)	6	•
7	. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Qualified Production Company Rebate		7	•
8	. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .TOTAL (add lines 1 through 7). Enter here and on line 16f, page 1		8	•

Other Information

1.Briefly describe your Alabama operations. •

2.List locations of property within Alabama (cities and counties). •

3.List other states in which corporation operates, if applicable. •

4.Indicate your tax accounting method:

• Accrual • Cash • Other •

5.If this corporation is a member of an affiliated group which files a consolidated federal return, the following information must be provided:

(a)Copy of Federal Form 851, Affiliations Schedule. Identify by asterisk or underline the names of those corporations subject to tax in Alabama.

(b)Signed copy of consolidated Federal Form 1120, pages 1-5, as filed with the IRS.

(c)Copy of the spreadsheet of income statements for all legal entities (including the separate column that identifies the eliminations and adjustments used in completing the federal consolidated return).

(d)Copy of federal Schedule K-1 for each tax entity that the corporation holds an interest in at any time during the taxable year.

6.Enter this corporation’s federal net income (see instructions for page 1, line 1) for the last three (3) years, as last determined (e.g.: per amended federal return or IRS audit).

2009 •___________________ 2008 •_________________

2007 •___________________

Check if currently being audited by the IRS. •

Location of the corporate records: Street address: •

City: •

State: •

ZIP: •

Person to contact for information concerning this return:

Name: •

Telephone: • (

)

10. If this entity filed an Alabama Business Privilege tax return under a different FEIN than the one listed on this Form 20C, please enter that number here: •

Non-payment returns,	Alabama Department of Revenue	Payment returns, mail with		Alabama Department of Revenue
mail to:	Individual and Corporate Tax Division	payment voucher	(Form BIT-V) to:	Individual and Corporate Tax Division
	Corporate Tax Section			Corporate Tax Section
	PO Box 327430			PO Box 327435
	Montgomery, AL 36132-7430			Montgomery, AL 36132-7435

ADOR

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1. The al 20c needs specific information to be typed in. Make sure the subsequent fields are complete:

Completing section 1 in alabama form 20c instructions 2020

2. Immediately after this part is completed, go on to enter the relevant information in all these: FEDERAL TAXABLE INCOME see, a b CN, Alabama Income Tax of line , a Carryover from prior year , Paid by FEIN , d Automatic extension payment , a b c, d e f g h, UNLESS A COPY OF THE, FEDERAL RETURN IS, ATTACHED THIS RETURN, WILL BE CONSIDERED, INCOMPLETE SEE ALSO, and PAGE OTHER.

Part no. 2 in filling in alabama form 20c instructions 2020

3. This next step is generally hassle-free - fill in every one of the empty fields in d Automatic extension payment , Reductionsapplications of, a Credit to estimated tax , d e f g h, a b c d e, PAGE OTHER, INFORMATION NO , Total amount duerefund line less, Please Sign Here, Paid Preparers Use Only, I authorize a representative of, Signature, Preparers signature, Firms name or yours if, and Title to finish the current step.

d e f g h, Title, and Reductionsapplications of of alabama form 20c instructions 2020

4. The next section requires your attention in the subsequent areas: ADDITIONS State and local income, federal income tax return see, Total Payments a , minus Exempt Amount b , equals Captive REITS Dividends, federal income tax return see, Interest income earned on, pursuant to B to extent included, corporations to extent dividend, a b , and c . Be sure that you fill out all of the needed information to go forward.

Completing segment 4 in alabama form 20c instructions 2020

When it comes to Interest income earned on and a b , make certain you get them right in this section. These could be the key fields in this file.

5. Since you approach the conclusion of the form, there are a couple extra requirements that should be fulfilled. Mainly, corporations to extent dividend, Enter here and on line page , Schedule B, Alabama Net Operating Loss, Column , Loss Year End MM DD YYYY, Column , Column , Amount of Alabama net operating, Amount used in years, prior to this year, Column , Amount used, this year, and Column must all be done.

Part number 5 in submitting alabama form 20c instructions 2020

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