Alabama Form 65 PDF Details

Alabama Form 65 is the Partnership/Limited Liability Company Return of Income required by the Alabama Department of Revenue. Partnerships, LLCs, syndicates, pools, and joint ventures operating in Alabama must file this return each year to report state income, deductions, and distributive share items.

Who Must File Alabama Form 65

Any partnership or LLC doing business in Alabama, earning income from Alabama sources, or owning property in the state must file. This includes multi-member LLCs treated as partnerships for federal tax purposes. Entities that file IRS Form 1065 at the federal level will generally owe a Form 65 return to Alabama as well. Partners who receive a Schedule K-1 may also need to file an Alabama individual tax return (Form 40A) to report their share of income.

Key Schedules in Alabama Form 65

The return includes several supporting schedules. Schedule A captures separately stated income and deductions reconciled from IRS Form 1065. Schedules B through E address apportionment factors such as property, payroll, and sales for entities with multi-state operations. Schedule K reports each partner's or member's distributive share of income, deductions, and credits. The state also allows qualifying entities to claim the Enterprise Zone Credit or the Alabama Capital Credit on this return.

Filing Deadline and Related Forms

Alabama Form 65 is due on the 15th day of the third month after the entity's tax year ends. Businesses operating as LLCs in Alabama should also have a signed Alabama LLC operating agreement to define member rights and obligations. For e-filing authentication purposes, some partnerships may need Alabama Form 8453.

QuestionAnswer
Form NameAlabama Form 65
Form Length4 pages
Fillable?No
Fillable fields0
Avg. time to fill out1 min
Other namesform al 65, alabama form 65, FEIN, preparer

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FORM

*10000165*

ALABAMA

65

 

DEPARTMENT OF REVENUE

CY

FY 2010

SY

 

 

 

 

 

Partnership/Limited Liability Company Return of Income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

ALSO TO BE FILED BY SYNDICATES, POOLS, JOINT VENTURES, ETC.

 

 

 

 

 

 

Important!

 

 

For Calendar Year 2010 or Fiscal Year

 

 

 

 

 

 

 

 

 

DEPARTMENT USE ONLY

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

beginning _________________________________, 2010, and ending ____________________________, _________

FN

 

You Must Check

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Applicable Box:

 

 

FEDERAL BUSINESS CODE NUMBER

 

 

 

 

FEDERAL EMPLOYER IDENTIFICATION NUMBER

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amended Return

 

 

Name of Company

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Federal income as shown on

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Initial Return

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Form 1065, line 8.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Final Return

 

 

 

Number and Street

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Federal deductions as shown on

General Partnership

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Form 1065, line 21.

City or Town

 

 

 

 

 

 

State

 

9 Digit ZIP Code

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Limited Partnership

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total assets as shown on Form 1065.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

LLC/LLP

 

 

 

Check if the company operates

 

 

If above name or address is different from the one

 

 

 

 

 

 

 

 

 

in more than one state

 

shown on your 2009 return, check here

 

 

.

. .

 

 

 

 

 

 

 

 

 

 

 

. .

.

. . . .

 

 

 

Qualified Investment

Check if the company qualifies for the Alabama

Number of Members

 

 

 

 

 

 

 

CN

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Partnership

 

 

 

Enterprise Zone Credit or the Capital Credit .

. . . . .

. . . .

During The Tax Year

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

State in Which Company Was Formed

Nature of Business

 

Date Qualified in Alabama

Number of Nonresident Members

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Included in Composite Filing . . .

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

UNLESS A COPY OF FEDERAL FORM 1065 IS ATTACHED THIS RETURN IS INCOMPLETE

 

 

 

 

 

 

 

 

 

 

 

SCHEDULE A

 

 

 

COMPUTATION OF SEPARATELY STATED AND NONSEPARATELY STATED INCOME

 

 

 

 

 

 

 

 

1

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

. .

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

. . . . .

. . . . .

.

1

 

 

 

 

2

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

. .

. .

.

. . . .

 

2

 

 

 

 

 

 

 

 

 

 

 

 

3

.Salaries and wages reduced for federal employment credits

. .

. .

.

. . . .

 

3

(

 

 

 

 

)

 

 

 

 

 

 

 

4

. . . . . . . .Net income or (loss) from rental real estate activities

. .

. .

.

. . . .

 

4

 

 

 

 

 

 

 

 

 

 

Reconciliation

5

. . . . . . . . . . . .Net income or (loss) from other rental activities

. .

. .

.

. . . .

 

5

 

 

 

 

 

 

 

 

 

 

6

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

 

 

6

 

 

 

 

 

 

 

 

 

 

 

to Alabama

. . . .

 

 

 

 

 

 

 

 

 

 

 

 

7

Adjustments due to the Federal Economic Stimulus Act of 2008

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basis (see

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(attach schedule)

 

 

 

 

 

 

 

 

7

 

 

 

 

 

 

 

 

 

 

 

instructions)

 

. . . .

. . . . . . . . . .

. .

. .

.

. . . .

 

 

 

 

 

 

 

 

 

 

 

 

8

Other reconciliation items (attach schedule)

 

 

 

 

 

 

 

8

 

 

 

 

 

 

 

 

 

 

 

 

. . . .

. . . . . . . . . .

. .

. .

.

. . . .

 

 

 

 

 

 

 

 

 

 

 

 

 

9

.Net reconciling items (add lines 2 through 8)

. . . .

. . . . . . . . . .

. .

. .

.

. . . . .

.

. .

. .

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

. . . . .

. . . . .

.

9

 

 

 

 

10

Net Alabama nonseparately stated income or (loss) (add line 1 and line 9)

. .

. .

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

. . . . .

. . . . .

.

10

 

 

 

 

11

Contributions

. . . .

. . . . . . . . . .

. .

. .

.

. . . .

 

11

(

 

 

 

 

)

 

 

 

 

 

 

 

12

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

. . . .

. . . . . . . . . .

. .

. .

.

. . . .

 

12

(

 

 

 

 

)

 

 

 

 

 

 

 

13

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

. .

. .

.

. . . .

 

13

(

 

 

 

 

)

 

 

 

 

 

 

Separately

14

. . . . . . . . . . . . . . . . . . . . . . . . . .Casualty losses

. . . .

. . . . . . . . . .

. .

. .

.

. . . .

 

14

(

 

 

 

 

)

 

 

 

 

 

 

15

Portfolio income or (loss) less expenses (complete Schedule K)

 

 

15

 

 

 

 

 

 

 

 

 

 

 

Stated Items

. . . .

 

 

 

 

 

 

 

 

 

 

 

 

16

Other separately stated items (attach schedule)

 

 

 

 

 

16

 

 

 

 

 

 

 

 

 

 

 

(Related to

. .

. .

.

. . . .

 

 

 

 

 

 

 

 

 

 

 

 

Business

17

. . . . . . . .Net separately stated items (add line 11 through 16)

. .

. .

.

. . . . .

.

. .

. .

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

. . . . .

. . . . .

.

17

 

 

 

18

Total separately stated and nonseparately stated items (add line 10 and line 17)

 

 

 

 

 

18

 

 

 

Income)

. . . . .

. . . . .

.

 

 

 

19

Alabama apportionment factor from Schedule D, line 4

 

 

 

 

 

19

%

 

 

Do not multiply line 18 by line 19

 

 

. .

. .

.

. . . .

 

 

 

 

 

20

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

. . . . .

. . . . .

.

20

 

 

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

Please

Sign

Here

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 of general partner

Date

Daytime Telephone No.

Social Security No.

 

Preparer’s

 

Signature

Paid

Firm’s name (or yours,

Preparer’s

if self-employed)

Use Only

and address

 

 

Date

Check if

 

Preparer’s Social Security No.

 

 

 

self-employed

 

Telephone No.

 

E.I. No.

()

ZIP Code

Email Address

Mail to: Alabama Department of Revenue, Individual and Corporate Tax Division, P.O. Box 327441, Montgomery, AL 36132-7441

ADOR

on or before April 15, 2011. (Fiscal Year Returns must be filed on or before the 15th day of the fourth month following the close of the fiscal year.)

 

 

 

 

*10000265*

 

Form 65 — 2010

Page 2

 

 

 

 

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 expens- es 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 tax- payer 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 the 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 1065, 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 D, page 3)

26

%

ADOR

How to Edit Alabama Form 65 Online for Free

Alabama Form 65 can be completed online with ease using the FormsPal PDF editor. Our tool is updated regularly based on user feedback to make the process as smooth as possible. Follow the steps below to get started:

Step 1: Access the form in our editor by clicking the "Get Form" button at the top of this page.

Step 1 for filling in Alabama Form 65 NONBUSINESS section

Step 2: Fill in the required fields. Start with the opening section, which includes the following: State in Which Company Was Formed, Nature of Business, Date Qualified in Alabama, Number of Nonresident Members, and Schedule A fields for separately stated income and deductions.

Step 2 for completing Alabama Form 65 Partnership Return

Take extra care with the COMPUTATION OF SEPARATELY STATED items and the UNLESS A COPY OF FEDERAL FORM IS field. These are areas where many filers make errors.

Step 3: Complete the signature section. Fill in the fields for Separately Stated Items, Please Sign Here, Paid Preparer information, Signature of General Partner, Preparer's Signature, Firm Name, Email Address, Date, Daytime Telephone No., Social Security No., and Preparer's Social Security No.

Step 3 for signing Alabama Form 65 Partnership Return

Step 4: Move on to Schedule C. Enter the Apportionment Factor fields: Nonseparately Stated Items, Separately Stated Items, Tangible Property at Cost for Beginning and End of Year, and Inventories, Land, Furniture, and related items.

Step 4 for completing Schedule C in Alabama Form 65

Step 5: Complete the final section with Salaries, Wages, Commissions, and Related to the Production of Income fields, along with the Sales apportionment schedule, Destination Sales, Alabama and Everywhere columns, and the ADOR certification line.

Step 5 for completing the final section of Alabama Form 65

When done, review all fields for accuracy, then click "Done" to save. After creating a free account, you can download the completed Alabama Form 65 or send it by email directly. Your data is protected and never shared.

Common Mistakes When Filing Alabama Form 65

Avoiding these errors will save time and reduce the risk of a notice from the Alabama Department of Revenue:

  • Using the wrong tax year form. Always confirm you are filing the current-year version of Form 65. The Alabama Department of Revenue updates the form annually.
  • Skipping Schedule K-1 entries. Each partner or member must receive a complete Schedule K-1 reflecting their distributive share. Missing entries trigger audit flags.
  • Incorrect apportionment calculations. Multi-state entities must carefully compute the property, payroll, and sales apportionment fractions in Schedules C and D.
  • Missing the filing deadline. Late filing without an approved extension results in penalties. The return is due by the 15th of the third month after your fiscal year closes.

For related Alabama filings, see Alabama Form 40 for individual partners and Alabama Form A-1 for employer withholding returns.