Prerequisite for reserving an Innovate Alabama Credit for an approved qualifying project:

• Los donantes deben tener una cuenta de My Alabama Taxes para reservar el crédito a través del sistema de reservas en línea de ALDOR.

Procedimientos para hacer una reserva de crédito en línea a través de My Alabama Taxes:

Parte I - Hacer una donación

• Inicie sesión en My Alabama Taxes.
• Una vez iniciada la sesión, navegue hasta la sección cuenta fiscal adecuada para la entidad tributaria:
  • For corporations, navigate to the Business Income Tax account. If the corporation is a public utility, then navigate to Utility 2.2 Gross Receipts License Tax account.
  • For S corps, LLCs, and partnerships, navigate to the Pass-Through Entity account. If the entity is a public utility, then navigate to Utility 2.2 Gross Receipts License Tax account.
  • For individuals, navigate to the Individual Income Tax account.
  • For financial institutions, navigate to Financial Institution Excise Tax account.
  • For insurance companies, navigate to the Business Privilege Tax or Withholding
    Tax account.
• En el marco de la correspondiente Cuenta, haga clic en ‘Report a donation to an Innovating Alabama Project y complete los campos requeridos de la siguiente manera:
  • Check the box to confirm that you’re logged into the correct My Alabama Taxes account for your reservation by checking the box. Take a moment to thoroughly review this information before proceeding to ensure that you’re using the appropriate My Alabama Taxes account. Under ‘Donor Information,’ enter the donor’s contact information and address.
  • Under ‘EDO Donation Information,’ click on the project for which you wish to make the credit reservation.
  • Importe de la donación - Introduzca el importe del crédito que está reservando.
    • En el caso de las empresas de servicios públicos que eligen la cuenta "Impuesto sobre los ingresos brutos de las empresas de servicios públicos 2.2", haga clic en "Sí" o "No" a la pregunta "¿Deseaasignar una parte de su donación a su impuesto sobre las licencias 2.2%?'
    • If you choose Yes, enter the amount of credit to be allocated against income tax and/or 2.2 utility gross receipts license tax at the time of the donation reservation. Please be advised that this allocation is irreversible once made.
  • Donation date – Enter the date the reservation is made. Please note that the donor has 21 days from this date to make the cash contribution to the EDO. Any donation that is not confirmed by the EDO on the date the online project reservation is closed will be denied.

NOTE: If you are an Innovating Alabama Credit recipient claiming the credit against the Utility 2.2 Gross Receipts License Tax, then you may apply the credit against the annual payment when filing the Utility 2.2 Gross Receipts License Tax return or apply the credit against your payments on a quarterly basis. If you choose to apply the credit against the quarterly payments, click “Make a payment” in the Utility 2.2 box on your “Accounts” page in My Alabama Taxes, then “Utilize Credits for Payment” to apply the credit against quarterly payments.

Parte II - Presentación de la revisión

El donante debe aceptar las condiciones y normas de la donación marcando la casilla antes de poder enviar la donación. Los términos y reglas incluyen lo siguiente:

• The donor has 21 days from the date of the online credit reservation to make a cash donation to the EDO for the approved project.
• The EDO has 60 days from the date the project is added to the online system to confirm that the taxpayer’s donation has been received, the project has been funded, and the project will be undertaken.
• En el caso de que la donación del contribuyente sea mayor que el importe de la reserva, el crédito se limita al importe de la reserva disponible para el proyecto.
• The credit is only available to the donating taxpayer making the donation. For pass-through entities, the credit may pass through to owners of the pass-through entity. In order to pass the income tax credit to the owner(s), the pass-through entity must submit a credit claim once they receive the Innovate Alabama approval letter from ALDOR. For detailed instructions on how to submit a credit claim to pass through entities, please click here.

Qué esperar después de presentar la reserva de crédito en línea a través de My Alabama Taxes:

• El donante recibirá un número de confirmación que acusa la recepción de la reserva. 
• El donante recibirá una notificación web posterior de My Alabama Taxes notificando si su donación ha sido aprobada o denegada por la OED.
• The donor will receive a letter from ALDOR confirming their Innovating Alabama Credit if the EDO confirms via ALDOR’s online system that the donation has been received, the project has been funded, and the project will be undertaken.