Alabama Form 65 – Fill Out and Use This PDF

The Alabama 65 form is an essential document for partnerships, limited liability companies, syndicates, pools, joint ventures, and similar entities to report their income to the Alabama Department of Revenue for the tax year specified. This comprehensive form includes details such as the total federal income, deductions, assets, and information on business operations in and out of Alabama. To ensure compliance and accurate reporting of your business's income, it's vital to fill out the Alabama 65 form correctly. Click the button below to start filling out the form.

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Alabama Form 65 PDF Details

The Alabama 65 form is a crucial document for partnerships and limited liability companies (LLCs) operating within Alabama, playing a significant role in the administration of state income tax obligations. This form, required by the Alabama Department of Revenue, serves as the "Partnership/Limited Liability Company Return of Income" and is also applicable to syndicates, pools, joint ventures, and similar entities. The form's comprehensive nature covers various aspects essential for the accurate reporting of income, deductions, and credits for the applicable fiscal or calendar year, specifically the year 2010 as per the provided example. Entities are required to provide detailed information including, but not limited to, total federal income and deductions as reported on Form 1065, assets, the nature of the business, and details regarding the company's operations in multiple states. Interestingly, the form also inquires about qualification for specific Alabama credits, such as the Enterprise Zone Credit or the Capital Credit, underscoring the state's interest in promoting investments within certain areas or sectors. Additional schedules attached to the form, such as Schedules A through E and Schedule K, guide the filer through the calculation of separately stated and non-separately stated income, allocations of nonbusiness income, apportionment factors for income produced across multiple states, and distributive share items. Overall, the Alabama 65 form embodies a critical filing requirement, ensuring partnerships and LLCs conform to Alabama tax laws by accurately reporting their income and activities, thereby facilitating the equitable assessment of state income taxes.

Question	Answer
Form Name	Alabama Form 65
Form Length	4 pages
Fillable?	No
Fillable fields	0
Avg. time to fill out	1 min
Other names	form 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
						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
	Applicable Box:			•						•
				•						•

•	Amended Return			Name of Company																				Total Federal income as shown on
•	Amended Return																							Total Federal income as shown on
•	Initial Return			•																				Form 1065, line 8.
•	Initial Return																							•
																								•
•	Final Return			Number and Street																				Total Federal deductions as shown on
•	General Partnership																							Form 1065, line 21.
•	General Partnership			City or Town								State			9 Digit ZIP Code									•
				City or Town								State			9 Digit ZIP Code									•
•	Limited Partnership																							Total assets as shown on Form 1065.
																								Total assets as shown on Form 1065.
•	LLC/LLP			Check if the company operates				If above name or address is different from the one
•	LLC/LLP			in more than one state		•		shown on your 2009 return, check here											.	. . •
•				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
				Check if the company qualifies for the Alabama					Number of Members
	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		•
Reconciliation		6	Net gain or (loss) under I.R.C. §1231 (other than casualty losses)											6		•
	to Alabama	6										. . . .		6		•
	to Alabama	7	Adjustments due to the Federal Economic Stimulus Act of 2008
	Basis (see	7
	Basis (see		(attach schedule)											7		•
	instructions)		(attach schedule)			. . . .	. . . . . . . . . .	. .	. .	.	. . . .			7		•
	instructions)	8	Other reconciliation items (attach schedule)											8		•
		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		•(					)
	Separately	15	Portfolio income or (loss) less expenses (complete Schedule K)											15		•
	Stated Items	15										. . . .		15		•
	Stated Items	16	Other separately stated items (attach schedule)											16		•
	(Related to	16	Other separately stated items (attach schedule)						. .	. .	.	. . . .		16		•
	Business	17	. . . . . . . .Net separately stated items (add line 11 through 16)						. .	. .	.	. . . . .	.	. .	. .	. . . . . . . . . . . . . . . . . . .			. . . . .	. . . . .	.	17			•
	Business	18	Total separately stated and nonseparately stated items (add line 10 and line 17)																			18			•
	Income)	18															. . . . .	. . . . .	.			18			•
	Income)	19	Alabama apportionment factor from Schedule D, line 4											19		•	%						Do not multiply line 18 by line 19
		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	Firm’s name (or yours, •
	Preparer’s	if self-employed)
	Use Only	and address
	Use Only
		•

Date	Check if		Preparer’s Social Security No.
	Check if
•	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

		10000365
	Form 65 — 2010	Page 3

SCHEDULE D		APPORTIONMENT AND ALLOCATION OF INCOME TO ALABAMA

1 Net Alabama nonseparately stated income or (loss) from line 10, Schedule A . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

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

3 Apportionable income or (loss) – add line 1 and line 2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

4 Apportionment factor from line 26, Schedule C . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

5 Income or (loss) apportioned to Alabama (multiply amount on line 3 by the percentage on line 4) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

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

7 Nonseparately Stated Income Allocated and Apportioned to Alabama (add lines 5 and 6). Enter this amount on line 20,

Schedule A and line 1, Schedule K – Alabama Amount . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

1•

2	•
3	•
4	•	%
5	•

6•

7•

	SCHEDULE E			OTHER INFORMATION
1	Indicate method of accounting	(a) •	cash	(b) •	accrual	(c) •	other
2	Check if the company is currently being audited by the IRS	•	What years are involved? __________________________________
3	Check if the IRS has completed any audits	•

4Enter this company’s Alabama Withholding Tax Account Number •

5 Briefly describe your operations •

•

6 Indicate if company has been(a) • dissolved(b) • sold(c) • incorporated If company has been dissolved, sold, or incorporated, complete the following:

Nature of change •

Name and address of new company, corporation, or owner(s) •

7Location of the partnership records •

8 Check if an Alabama business privilege tax return was filed for this entity •

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

FEIN: •	NAME: •

9Taxpayer’s email address:

	SCHEDULE K	DISTRIBUTIVE SHARE ITEMS
		Federal Amount	Apportionment		Alabama Amount	Enter on Alabama
		Federal Amount	Factor		Alabama Amount	Schedule K-1
			Factor			Schedule K-1
1	Alabama Nonseparately Stated Income (Schedule D, line 7)
1	Alabama Nonseparately Stated Income (Schedule D, line 7)			•		Part III, Line M
	Separately Stated Items:
2	. . . . . .Contributions	•				Part III, Line S
3	Oil and gas depletion
3	Oil and gas depletion	•				Part III, Line Z
4	I.R.C. §179 expense deduction
4	I.R.C. §179 expense deduction
	a. Amount allowed on 1065	•
	. . . . . . . . . . . . . . . . . . . . . .b. Adjustments required (see instructions)	•
	. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .c. Amount to be apportioned	•				Part III, Line O
5	. . .Casualty losses
5	. . .Casualty losses	•				Part III, Line W
6	. . .Portfolio income
6	. . .Portfolio income	•				Part III, Line Q
7	Interest expense related to portfolio income
7	Interest expense related to portfolio income	•				Part III, Line P
8	Other expenses related to portfolio income (attach schedule)
8		•				Part III, Line R
9	Other separately stated business items (attach explanation)
9	Other separately stated business items (attach explanation)	•				Part III, Line T
10	Small business health insurance premiums (attach explanation)
10				•		Part III, Line Y
11	. . . . . . . . . . .Separately stated nonbusiness items (attach schedule)	•		•		Part III, Line AA
12	. . . . . . . .Composite payment made on behalf of owner/shareholder			•		Part III, Line U
13	. . . . . . . . . . . . . . . . . . . . . . . . . . . .U.S. taxes paid (attach explanation)	•				Part III, Line V
14	Alabama exempt income (attach explanation)
14	Alabama exempt income (attach explanation)	•				Part III, Line AB
	Transactions with Owners:
	Transactions with Owners:		100%
15	Property distributions to owners	•	100%	•		Part III, Line X
15	Property distributions to owners	•		•		Part III, Line X
16	Guaranteed payments to partners
16	Guaranteed payments to partners	•		•		Part III, Line N

CHECK LIST

HAVE THE FOLLOWING FORMS BEEN ATTACHED TO THE FORM 65?

ALABAMA SCHEDULE K-1 (one for each owner)

ALABAMA SCHEDULE NRA (if applicable)

FEDERAL FORM 1065 (entire form as filed with the IRS)

ADOR

*10000465*

Form 65 — 2010

Page 4

Required Entity Information For Partnerships and LLCs

1. List general partners.

NAME OF GENERAL PARTNER

SSN / FEIN

ADDRESS

a.•

b.•

c.•

d.•

e.•

PERCENT OF OWNERSHIP

2. List other states in which the Partnership/LLC operates, if applicable.

3. At any time during the tax year, did the Partnership/LLC transact business in a foreign country?		Yes	No
If yes, complete the information below:

NAME OF COUNTRY	NATURE OF BUSINESS			TAXABLE INCOME
NAME OF COUNTRY	NATURE OF BUSINESS			REPORTED TO COUNTRY
				REPORTED TO COUNTRY

a. •

b. •

c. •

d. •

e. •

4. At any time during the tax year, did the Partnership/LLC invest in another Pass-Through entity?	Yes		No
If yes, complete the information below:

NAME OF ENTITY		FEIN		PERCENT OF
NAME OF ENTITY		FEIN		OWNERSHIP
				OWNERSHIP

a. •

b. •

c. •

d. •

e. •

5.Person to contact for information regarding this return:

Name:

Telephone Number: (

)

Email:

ADOR

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2. After completing the previous step, head on to the subsequent stage and complete the necessary details in these blanks - State in Which Company Was Formed , Nature of Business , Date Qualified in Alabama , Number of Nonresident Members, SCHEDULE A, COMPUTATION OF SEPARATELY STATED, UNLESS A COPY OF FEDERAL FORM IS, Federal Ordinary Income or Loss, Reconciliation, to Alabama Basis see instructions, Separately Stated Items Related to, and attach schedule .

NONBUSINESS writing process outlined (part 2)

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NONBUSINESS completion process detailed (part 3)

4. It's time to proceed to this fourth part! In this case you will get all of these Nonseparately stated items, d Total add lines a b and c, Separately stated items, h Total add lines e f and g, SCHEDULE C, APPORTIONMENT FACTOR SCHEDULE Do, TANGIBLE PROPERTY AT COST FOR, BEGINNING OF YEAR, END OF YEAR, BEGINNING OF YEAR, END OF YEAR, ALABAMA, EVERYWHERE, Inventories Land Furniture and, and x b form blanks to fill in.

NONBUSINESS writing process explained (step 4)

5. Because you come near to the end of the form, you'll find several more requirements that have to be met. In particular, SALARIES WAGES COMMISSIONS AND, RELATED TO THE PRODUCTION OF, ALABAMA, b EVERYWHERE, Alabama payroll factor a b c , SALES, ALABAMA, EVERYWHERE, Destination sales , a , and ADOR should be filled out.

NONBUSINESS completion process explained (part 5)

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