Navigating the intricacies of tax documentation can be a challenging task for individuals and businesses alike in Alabama. The Form 96, officially recognized by the Alabama Department of Revenue, plays a critical role in the annual financial documentation process, serving as a Summary of Annual Information Returns. This form, crucial for the accurate reporting of payments exceeding $1,500 made to taxpayers within the calendar year, is integral for those subject to Alabama income tax. It meticulously outlines the need for detailed reporting on payments excluding interest coupons payable to bearers, emphasizing the requirement for filing Form 99 or its approved substitutes if Alabama income tax has voluntarily been withheld on such payments. Interestingly, while the form mandates the compilation of payments made during a calendar year, it offers an alternative for employers through Form A-2 for salaries and wages, thereby simplifying the reporting process. Moreover, the provision to file copies of federal Form 1099 as a substitution underscores a streamlined approach to fulfilling state tax obligations. It is essential that these returns are filed by March 15 of the following year, specifically addressed to the Individual & Corporate Tax Division of the Alabama Department of Revenue, ensuring compliance and the avoidance of any potential legal complications. Furthermore, the explicit instruction to refrain from using this form if Alabama income tax has been withheld, instead directing the use of Form A-3 for Annual Reconciliation of Alabama Income Tax Withheld, highlights a structured approach to tax documentation and processing in the state.
| Question | Answer |
|---|---|
| Form Name | Alabama Form 96 |
| Form Length | 2 pages |
| Fillable? | No |
| Fillable fields | 0 |
| Avg. time to fill out | 30 sec |
| Other names | alabama dept of revenue form 96, state of alabama form 96 fillable, form 96 alabama department of revenue, al 96 fillable form |
FORM 96 |
ALABAMA DEPARTMENT OF REVENUE |
CALENDAR YEAR |
|
|
|
1/00 |
Summary of Annual Information Returns |
_______________ |
(DATE RECEIVED)
PAYER
SOCIAL SECURITY NO. OR FEIN
STREET ADDRESS OR P.O. BOX
CITY |
STATE |
ZIP CODE |
SIGNATURE
NUMBER OF FORM 99S ATTACHED _________
TITLE
Instructions
Information returns on Form 99 must be filed by every resident individual, corporation, association or agent making payment of gains, profits or income (other than interest coupons payable to bearer) of $1,500.00 or more in any calendar year to any taxpayer subject to Alabama income tax. If you have voluntarily withheld Alabama income tax from such payments, you must file Form 99 or approved substitute regardless of the amount of the payment. Employers filing Form
Returns must be filed with the Alabama Department of Revenue for each calendar year on or before March 15 of the following year.
Mail to: Alabama Department of Revenue |
NOTE: IF ALABAMA INCOME TAX HAS BEEN WITHHELD ON FORM 99 |
Individual & Corporate Tax Division |
DO NOT USE THIS FORM; USE FORM |
P.O. Box 327489 |
OF ALABAMA INCOME TAX WITHHELD. |
Montgomery, AL |
|