Alabama Form 20S PDF Details

Every year, countless businesses across Alabama prepare for tax season with varying degrees of readiness and apprehension. For S Corporations operating within the state, the completion of the Alabama 20S form is a crucial part of this season. This form, officially recognized by the Alabama Department of Revenue, serves as both an informational statement and a tax return for S Corporations. It covers the fiscal year from January 1 to December 31, 2010, or another tax year that begins within 2010. The form delves into several key areas, including the total federal income, total federal deductions, and the total assets as shown on Federal Form 1120S. It also requires details on the Alabama Apportionment Factor from Schedule C, line 26, indicating the portion of income attributable to Alabama operations. Besides offering a computation of separately stated and nonseparately stated income/tax, the Alabama 20S form includes schedules for the allocation of nonbusiness income, the apportionment factor, apportionment of federal income tax, and allocation and apportionment of income to Alabama. Additionally, it contains sections dedicated to the Alabama Accumulated Adjustments Account, tax credits, and important business information ranging from the tax accounting method used to the location of corporate records. Completing this form accurately reflects not only an S Corporation's business activities and tax responsibilities to Alabama but also plays a significant role in its financial health and compliance obligations.

QuestionAnswer
Form NameAlabama Form 20S
Form Length4 pages
Fillable?No
Fillable fields0
Avg. time to fill out1 min
Other namesform 20s, alabama, al form 20s, Apportionment

Form Preview Example

FORM

*1000012S*

ALABAMA

CY

 

 

 

20S

 

 

 

 

 

 

 

DEPARTMENT OF REVENUE

SY

2010

 

 

 

 

 

 

 

 

 

 

 

 

FY

 

 

 

 

 

 

 

S Corporation Information/Tax Return

 

 

 

 

 

For the year January 1 – December 31, 2010, or other tax year beginning _______________________, 2010, ending _______________________, _________

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Important

 

FEDERAL BUSINESS CODE NUMBER

 

 

FEDERAL EMPLOYER IDENTIFICATION NUMBER

 

 

 

 

 

 

Data Summary

 

 

 

 

 

 

 

 

 

 

 

 

Total federal income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Check

 

NAME

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total federal deductions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

applicable

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

box:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

ADDRESS

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total assets as shown on Form 1120S

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Initial

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Return

 

CITY

 

 

 

 

 

STATE

 

9-DIGIT ZIP CODE

 

 

 

Alabama Apportionment Factor from

 

Final

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Schedule C, line 26

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Return

 

STATE OF INCORPORATION

NATURE OF BUSINESS

 

 

DATE QUALIFIED IN ALABAMA

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

CN

 

 

 

 

Amended

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Return

 

CHECK IF THE CORPORATION

 

NUMBER OF SHAREHOLDERS DURING

IF YOU FILED A RETURN FOR 2009 AND THE ABOVE

 

 

 

 

 

 

 

 

 

 

 

OPERATES IN MORE THAN ONE STATE

 

TAX YEAR

NAME AND ADDRESS IS DIFFERENT, CHECK HERE

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

UNLESS A COPY OF FORM 1120S IS ATTACHED, THIS RETURN IS INCOMPLETE

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SCHEDULE A – Computation of Separately Stated and Nonseparately Stated Income / Tax

 

 

 

 

 

 

 

 

 

 

1

Federal Ordinary Income or (Loss) from trade or business activities . . . .

. .

. . .

. . . . . . . . . . . . . . . . . . . . . . . . . .

. . . .

1

 

 

 

00

 

 

2

Net short-term and long-term capital gains – income or (loss)

2

00

 

 

 

 

 

 

 

 

 

3

. . . . . . . . . .Salaries and wages reduced for federal employment credits

3

(

00 )

 

 

 

 

 

 

 

 

 

4

. . . . . . . . . . . . . . . . . . . . . .State and local net income taxes paid/(refund)

4

00

 

 

 

 

 

 

 

 

 

5

Net income or (loss) from rental real estate activities

 

 

 

 

 

 

 

 

 

 

 

Reconciliation

5

00

 

 

 

 

 

 

 

6

Net income or (loss) from other rental activities

 

 

 

 

 

 

 

 

 

 

 

 

 

to Alabama

6

00

 

 

 

 

 

 

 

 

7

Net gain or (loss) under I.R.C. §1231 (other than casualty losses)

 

 

 

 

 

 

 

 

 

 

 

 

7

00

 

 

 

 

 

 

 

 

Basis (SEE

 

 

 

 

 

 

 

 

8

Adjustments due to the Federal Economic Stimulus Act of 2008

 

 

 

 

 

 

 

 

 

 

 

 

 

INSTRUCTIONS)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(attach schedule)

 

 

 

 

 

 

8

00

 

 

 

 

 

 

 

 

 

 

 

. . . . . . . . . . . .

. .

. . . . . . . . . . . . . . . . . . . . . .

. . . . .

.

. . . . . .

 

 

 

 

 

 

 

 

 

9

. . . . . . . . . . . . . . . . . . . . . . . .Other reconciliation items (attach schedule)

9

00

 

 

 

 

 

 

 

 

 

10

Net reconciling items (add lines 2 through 9)

 

 

 

 

 

 

 

 

 

 

 

 

 

. . . . . . .

. .

. . .

. . . . . . . . . . . . . . . . . . . . . . . . . .

. . . .

10

 

 

 

00

 

 

11

. .Net Alabama nonseparately stated income or (loss) (add line 1 and line 10)

. . . . . . . . . . . . . . . . . . . . . . . . . .

. . . .

11

 

 

 

00

 

 

12

Contributions . . .

. . . . . . . . . . . .

. .

. . . . . . . . . . . . . . . . . . . . . .

. . . . .

.

. . . . . .

12

(

00 )

 

 

 

 

 

 

 

 

 

13

. . . . . . . .Oil and gas depletion

. .

. . . . . . . . . . . . . . . . . . . . . .

. . . . .

.

. . . . . .

13

(

00 )

 

 

 

 

 

 

 

 

 

14

. . . . . . . . . . . . . . .I.R.C. §179 expense deduction (complete Schedule K)

14

(

00 )

 

 

 

 

 

 

 

 

 

15

Casualty losses .

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Separately

. . . . . . . . . . . .

. .

. . . . . . . . . . . . . . . . . . . . . .

. . . . .

.

. . . . . .

15

(

00 )

 

 

 

 

 

 

 

 

Stated Items

16

. . . . . . . . . . . . . . .Portfolio income less expenses (complete Schedule K)

16

00

 

 

 

 

 

 

 

 

(Related to

17

Other separately stated items (attach schedule)

 

 

 

 

 

 

 

 

 

 

 

 

17

00

 

 

 

 

 

 

 

 

 

18

Net separately stated items (add line 12 through 17)

 

 

 

 

 

 

 

 

 

 

 

 

Business

. . . . . . .

. .

. . .

. . . . . . . . . . . . . . . . . . . . . . . . . .

. . . .

18

 

 

 

00

 

Income)

19

. . . . . . . . . . . . . . . . . . . . . . . .Total separately stated and nonseparately stated items (add line 11 and line 18)

. . . .

19

 

 

 

00

 

 

20

. . . . . . . . . . . .Nonseparately Stated Income Allocated and Apportioned to Alabama from Schedule E, line 7

. . . .

20

 

 

 

00

 

 

21

ALABAMA INCOME TAX (see instructions and attach schedule)

. . . . . . .

. .

. . .

. . . . . . . . . . . . . . . . . . . . . . . . . .

. . . .

21

 

 

 

00

 

 

22

Tax Payments, Credits, and Deferrals:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

a. 2010 estimated tax payments and amounts applied

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from 2009 return

. .

. . . . . . . . . . . . . . . . . . . . . .

. . . . .

.

. . . . . .

22a

00

 

 

 

 

 

 

 

 

 

 

 

. . . . . . . . . . . . . . . . . .b. Automatic extension payments (see instructions)

22b

00

 

 

 

 

 

 

 

 

 

 

 

c. Payments prior to amendment (original return or

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Department adjustment) . . .

. .

. . . . . . . . . . . . . . . . . . . . . .

. . . . .

.

. . . . . .

22c

00

 

 

 

 

 

 

 

 

Tax Due,

 

 

. . . . . . . . . . . .d. Tax credits (from line 3, Schedule G) (see instructions)

22d

00

 

 

 

 

 

 

 

 

Payments,

 

 

. . . . . . . . . .e. Total payments (add lines 22a, 22b, 22c and 22d)

. . . . . . .

. .

. . .

. . . . . . . . . . . . . . . . . . . . . . . . . .

. . . .

22e

 

 

00

 

23

NET TAX DUE (subtract line 22e from line 21)

 

 

 

 

 

23

 

 

 

00

 

and

. . . . . . .

. .

. . .

. . . . . . . . . . . . . . . . . . . . . . . . . .

. . . .

 

 

 

 

24

Reductions/applications of overpayments

 

 

 

 

 

 

 

 

 

 

 

 

 

Credits

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

a. Penalties (see instructions)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

. .

. . . . . . . . . . . . . . . . . . . . . .

. . . . .

.

. . . . . .

24a

00

 

 

 

 

 

 

 

 

 

 

 

. . . . . . . . . . . . . . . . . . . . . . . . .b. Interest due (computed on tax due only)

24b

00

 

 

 

 

 

 

 

 

 

 

 

c. Amount to be credited to 2011 estimated tax

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

24c

00

 

 

 

 

 

 

 

 

 

 

 

d. Total reductions/applications (add lines 24a, 24b and 24c)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

. . . . . . .

. .

. . .

. . . . . . . . . . . . . . . . . . . . . . . . . .

. . . .

24d

 

 

00

 

 

25

. . . . . . . . . . . . . . . . . . . . .Amount to be refunded (see instructions)

. . . . . . .

. .

. . .

. . . . . . . . . . . . . . . . . . . . . . . . . .

. . . .

25

 

 

 

00

 

 

26

. . . . . .TOTAL AMOUNT DUE

. . .

. . . . . . . . . . . . . . . . . . . . .

. . . . .

.

. . . . . . .

. .

. . .

. . . . . . . . . . . . . . . . . . . . . . . . . .

. . . .

26

 

 

 

00

 

 

 

 

If paying by check or money order, FORM BIT-V MUST ACCOMPANY PAYMENT.

 

 

 

 

 

 

 

 

 

 

 

 

If you paid electronically check here

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

ADOR

 

*1000022S*

Page 2

 

FORM 20S – 2010

 

 

 

SCHEDULE B – Allocation of Nonbusiness Income, Loss, and Expense

 

 

 

 

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).

 

DIRECTLY ALLOCABLE ITEMS

 

ALLOCABLE GROSS INCOME / LOSS

 

 

 

RELATED EXPENSE

 

NET OF RELATED EXPENSE

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Column A

 

Column B

 

 

Column C

 

Column D

 

Column E

 

Column F

 

 

 

Everywhere

 

Alabama

 

 

Everywhere

 

Alabama

 

Everywhere

 

Alabama

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(Col. A less Col. C)

(Col. B less Col. D)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nonseparately stated items

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1a

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1b

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1c

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1d Total (add lines 1a, 1b, and 1c)

 

 

 

 

 

 

 

 

 

 

 

 

 

Separately stated items

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1e

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1f

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1g

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1h Total (add lines 1e, 1f, and 1g)

 

 

 

 

 

 

 

 

 

 

 

 

 

SCHEDULE C – Apportionment Factor Schedule. Do not complete if entity operates exclusively in Alabama.

 

 

 

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

. .

. . . . . . . . . . . . . . . . . . . . . .

. .

. . . .

 

 

 

 

 

 

 

 

 

17

. . . . . . . . . . . . . . . . . . . . . . . .Origin sales

. .

. . . . . . . . . . . . . . . . . . . . . .

. .

. . . .

 

 

 

 

 

 

 

 

 

18

. . . . .Total gross receipts from sales

. . . . . . . . . . . . . . . .

. .

. . . . . . . . . . . . . . . . . . . . . .

. .

. . . .

 

 

 

 

 

 

 

 

 

19

. . . . . . . . . . . . . . . . . . . . . . . .Dividends

. .

. . . . . . . . . . . . . . . . . . . . . .

. .

. . . .

 

 

 

 

 

 

 

 

 

20

. . . . . . . . . . . . . . . . . . . . . . . .Interest

. .

. . . . . . . . . . . . . . . . . . . . . .

. .

. . . .

 

 

 

 

 

 

 

 

 

21

. . . . . . . . . . . . . . . . . . . . . . . .Rents

. .

. . . . . . . . . . . . . . . . . . . . . .

. .

. . . .

 

 

 

 

 

 

 

 

 

22

. . . . . . . . . . . . . . . . . . . . . . . .Royalties

. .

. . . . . . . . . . . . . . . . . . . . . .

. .

. . . .

 

 

 

 

 

 

 

 

 

23

. . . . . . .Gross proceeds from capital and ordinary gains

. . . . . . . . . . . . . . . . . . . . . .

. .

. . . .

 

 

 

 

 

 

 

 

 

24Other ___________________________________ (Federal 1120S, 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 4, Schedule E, page 3)

26

%

ADOR

*1000032S*

 

 

FORM 20S – 2010

 

Page 3

SCHEDULE D – Apportionment of Federal Income Tax

 

 

1 Enter the federal income tax from Federal Form 1120S

1

00

2Enter the Alabama income from line 7, Schedule E below, if applicable. (If corporation operates

 

exclusively in Alabama, do not complete lines 2-8.)

 

. . . . .

.

. . . . . . . . . . . . .

. . . . 2

00

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Apportionment of separately stated items

 

 

 

 

 

 

 

 

x

% = 3c

 

 

 

 

 

3

 

3a

 

 

 

3b

 

00

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Enter in line 3a the amount from line 18, Schedule A

 

 

 

 

Apportionment Factor

 

 

 

 

 

 

 

 

 

 

 

(line 26, Schedule C)

 

 

 

 

 

4

Separately stated items allocated to Alabama (line 1h, Column F, Schedule B)

. . . . 4

00

 

 

 

5

Total (add lines 2, 3c and 4)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

. .

. . . . .

. . . . . . . . . . . . . . . . . . . . . . . . .

 

. . . . .

.

. . . . . . . . . . . . .

. . . . 5

00

 

 

 

6

. . . . . . . . . . . . . . .Adjusted total income (add line 19, Schedule A to line 1h, Column E, Schedule B)

. . . . 6

00

 

 

 

7

Federal income tax apportionment factor

(line 5 divided by line 6)

 

 

 

 

 

 

 

 

 

 

 

 

 

.

. . . . .

 

. . . . . . . . . . . . . .

. . . .

. . . . . .

. . . . . . . . . . . . . . . . . . . .

. . . 7

%

8

Federal income tax apportioned to Alabama (multiply line 1 by the percent on line 7)

 

 

 

 

 

 

 

 

 

. . . .

. . . . . .

. . . . . . . . . . . . . . . . . . . .

. . . 8

00

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SCHEDULE E – Apportionment and Allocation of Income to Alabama

 

 

 

 

 

 

 

%

1

Net Alabama nonseparately stated income or (loss) from line 11, Schedule A

.

. . . . .

.

. . . . . . . . . . . . . . .

. . . . . .

. . . . . .

. . . . . . . . . . . . . . . . . . . . . .

. . . . 1

00

2

Nonseparately stated (income) or loss treated as nonbusiness income (line 1d, Column E, Schedule B)

 

 

 

 

 

 

 

 

 

 

 

– please enter income as a negative amount and losses as a positive amount

. . . . . .

. . . . . . . . . . . . . . . . . . . . . .

. . . . 2

00

3

Apportionable income or (loss) (add line 1 and line 2)

 

 

 

 

 

 

 

 

 

 

 

 

 

. . . . . . . . . . .

.

. . . . .

.

. . . . . . . . . . . . . . .

. . . . . .

. . . . . .

. . . . . . . . . . . . . . . . . . . . . .

. . . . 3

00

4

Apportionment ratio from line 26, Schedule C

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

. . . . . . . . . . . . . . . .

. . . . . . . . . . .

.

. . . . .

.

. . . . . . . . . . . . . . .

. . . . . .

. . . . . .

. . . . . . . . . . . . . . . . . . . . . .

. . . . 4

%

5

Income or (loss) apportioned to Alabama (multiply amount on line 3 by percent on line 4)

 

 

 

 

 

 

 

 

. . . . . .

. . . . . .

. . . . . . . . . . . . . . . . . . . . . .

. . . . 5

00

6

Nonseparately stated income or (loss) allocated to Alabama as nonbusiness income (Column F, line 1d, Schedule B)

 

 

 

 

. . . . 6

00

7

Nonseparately Stated Income Allocated and Apportioned to Alabama (add lines 5 and 6). Also enter this amount on

 

 

 

 

 

line 2, Schedule D; line 20, Schedule A; and line 1, Schedule K

.

. . . . .

 

. . . . . . . . . . . . . .

. . . .

. . . . . .

. . . . . . . . . . . . . . . . . . . .

. . . 7

00

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SCHEDULE F – Alabama Accumulated Adjustments Account

 

 

 

 

 

 

 

 

 

 

 

 

1

Beginning balance (prior year ending balance) . . .

. . . . . . . . . . . . . . . . . . . . . . . .

.

. . . . .

 

. . . . . . . . . . . . . .

. . . .

. . . . . .

. . . . . . . . . . . . . . . . . . . .

. . . 1

00

2

Net Alabama nonseparately stated income or (loss) (line 11, Schedule A)

 

 

 

 

 

 

 

 

 

 

 

 

.

. . . . .

 

. . . . . . . . . . . . . .

. . . .

. . . . . .

. . . . . . . . . . . . . . . . . . . .

. . . 2

00

3

Net separately stated items (line 18, Schedule A)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

. . . . . . . . . . . . . . . . . . . . . . . .

.

. . . . .

 

. . . . . . . . . . . . . .

. . . .

. . . . . .

. . . . . . . . . . . . . . . . . . . .

. . . 3

00

4

Federal income tax deduction (line 1, Schedule D)

 

 

 

 

 

 

 

 

 

 

 

 

 

.

. . . . .

 

. . . . . . . . . . . . . .

. . . .

. . . . . .

. . . . . . . . . . . . . . . . . . . .

. . . 4

00

5

Separately stated nonbusiness items (line 1h, Column E, Schedule B)

 

 

 

 

 

 

 

 

 

 

 

 

.

. . . . .

 

. . . . . . . . . . . . . .

. . . .

. . . . . .

. . . . . . . . . . . . . . . . . . . .

. . . 5

00

6

Other additions/(reductions) (Do not include tax exempt income and related expenses)

 

 

 

 

 

 

 

 

. . . .

. . . . . .

. . . . . . . . . . . . . . . . . . . .

. . . 6

00

7

Less distributions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

. .

. . . . .

 

. . . . . . . . . . . . . . . . . . . . . . . .

.

. . . . .

 

. . . . . . . . . . . . . .

. . . .

. . . . . .

. . . . . . . . . . . . . . . . . . . .

. . . 7

00

8

Ending balance (total appropriate lines) . .

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

. .

. . . . .

 

. . . . . . . . . . . . . . . . . . . . . . . .

.

. . . . .

 

. . . . . . . . . . . . . .

. . . .

. . . . . .

. . . . . . . . . . . . . . . . . . . .

. . . 8

00

SCHEDULE G – Tax Credits (CAUTION SEE INSTRUCTIONS)

 

 

 

 

 

 

 

 

 

 

 

 

1

Employer Education Tax Credit

. . .

. . . . .

. . . . . . . . . . . . . . . . . . . . . . . . . . . .

 

. . . . . .

 

. . . . . . . . . . . . . . . . . . . . . . . . . . .

. . . . . . . . . . . . . . . . . . . . . . . . . .

1

00

2

Coal Credit

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

. . .

. . . . .

. . . . . . . . . . . . . . . . . . . . . . . . . . . .

 

. . . . . .

 

. . . . . . . . . . . . . . . . . . . .

. . . . . . .

. . . . . . . . . . . . . . . . . . . . . . . . . .

2

00

3

. . . . . . . . . .TOTAL (add lines 1 and 2). Enter here and on line 22d, Schedule A

. . . . . .

 

. . . . . . . . . . . . . . . . . . . .

. . . . . . .

. . . . . . . . . . . . . . . . . . . . . . . . . .

3

00

SCHEDULE H – The Following Information Must Be Entered For This Return To Be Considered Complete

 

 

1

Indicate tax accounting method used:

 

Cash

Accrual

Other

 

 

 

 

 

 

 

 

2Briefly describe your Alabama operations:

3Enter this company’s Alabama Withholding Tax Account No.:

4Person to contact for information concerning this return:

Name

Telephone Number (

)

Email Address

 

 

 

 

5Location of the corporate records:

6Check if an Alabama business privilege tax return was filed for this entity:

7If the privilege tax return was filed using a different FEIN, please provide the name and FEIN used to file the return:

FEIN:

NAME:

 

 

 

ADOR

*1000042S*

FORM 20S – 2010

SCHEDULE K – Distributive Share Items

1 Alabama Nonseparately Stated Income (Schedule E, line 7) . . . . . .

Separately Stated Items:

2 Contributions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

3 Oil and gas depletion . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

4 I.R.C. §179 expense deduction

a. Amount allowed on federal Form 1120S . . . . . . . . . . . . . . . . . . . . .

b. Adjustments required . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

c. Amount to be apportioned . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

5 Casualty losses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

6 Portfolio income. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

7 Interest expense related to portfolio income. . . . . . . . . . . . . . . . . . . . .

8 Other expenses related to portfolio income (attach schedule) . . . . .

9 Other separately stated business items (attach explanation) . . . . . .

10 Small business health insurance premiums (attach explanation) . . .

11 Separately stated nonbusiness items (attach schedule) . . . . . . . . . .

12 Composite payment made on behalf of owner/shareholder . . . . . . .

13 U.S. taxes paid (attach explanation) . . . . . . . . . . . . . . . . . . . . . . . . . . .

14 Alabama exempt income (attach explanation) . . . . . . . . . . . . . . . . . . .

Transactions with Owners:

15 Property distributions to owners . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

 

 

 

 

 

 

 

Page 4

 

 

Federal Amount

 

Apportionment

 

Alabama Amount

 

Enter on Alabama

 

 

 

 

 

 

 

 

 

 

 

 

 

Factor

 

 

Schedule K-1

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Part III, Line M

 

 

 

 

 

 

 

Part III, Line S

 

 

 

 

 

 

 

Part III, Line Z

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Part III, Line O

 

 

 

 

 

 

 

Part III, Line W

 

 

 

 

 

 

 

Part III, Line Q

 

 

 

 

 

 

 

Part III, Line P

 

 

 

 

 

 

 

Part III, Line R

 

 

 

 

 

 

 

Part III, Line T

 

 

 

 

 

 

 

Part III, Line Y

 

 

 

 

 

 

 

Part III, Line AA

 

 

 

 

 

 

 

Part III, Line U

 

 

 

 

 

 

 

Part III, Line V

 

 

 

 

 

 

 

Part III, Line AB

 

 

 

100%

 

 

Part III, Line X

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

Please

true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.

 

 

 

 

 

 

Sign

 

 

 

 

 

 

Signature

Date

 

Daytime Telephone No.

Social Security No.

Here

 

 

 

 

 

 

of Officer

 

 

(

)

 

 

 

 

 

 

 

 

 

 

 

 

 

Title

 

 

 

 

 

 

of Officer

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Preparer’s

Telephone No.

 

Date

Preparer’s Social Security No.

 

 

 

 

 

 

 

Signature

(

)

 

 

 

 

 

 

 

 

Paid

Preparer’s

Use Only

Firm’s Name (or yours if self-employed)

and address

Email

Address

E.I. No.

ZIP Code

CHECK LIST

HAVE THE FOLLOWING FORMS BEEN ATTACHED TO THE FORM 20S:

ALABAMA SCHEDULE K-1 (one for each shareholder)

ALABAMA SCHEDULE NRA (if applicable)

FEDERAL FORM 1120S (entire form as filed with IRS)

FEDERAL FORM 1120S PROFORMA (if applicable)

FORM BIT-V (if applicable)

Returns without Payments

Returns with Payments

 

 

 

 

MAIL TO: Alabama Department of Revenue

MAIL TO: Alabama Department of Revenue

Pass Through Entity

Pass Through Entity

PO Box 327441

PO Box 327444

Montgomery, AL 36132-7441

Montgomery, AL 36132-7444

ADOR

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al form 20s completion process explained (portion 3)

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