When is the Corporate/Partnership Income Tax e-file mandate effective?.
March 4, 2010 and applies to acceptable corporate/partnership income tax returns required to be filed for taxable years beginning on and after January 1, 2009.
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March 4, 2010 and applies to acceptable corporate/partnership income tax returns required to be filed for taxable years beginning on and after January 1, 2009.
No, the same extension will cover both returns.
Mail returns with payments to: Alabama Department of Revenue Pass Through Entity Section P.O. Box 327444 Montgomery, AL 36132-7444 Mail returns without payments to: Alabama Department of Revenue Pass Through Entity Section P.O. Box 327441 Montgomery, AL 36132-7441
The return is due the 15th day of the third month following the end of the S corporation tax period.
Yes, if the non-resident completes Schedule NRA (Alabama Pass-Thru Entity Non-Resident Agreement). This form should be attached to Form 20S when the corporation files. This election remains in place until the non-resident member informs the corporation in writing that he/she wishes to revoke the agreement and participate in the composite
The return is due the 15th day of the third month following the end of the S corporation tax period.
No, Alabama’s income tax laws and rules specifically require each corporation to file a separate return with the department. See §40-18-39(a), Code of Alabama 1975, Rule 810-3-39-.01(5)
If an extension has been granted for federal purposes, the extension is also granted for Alabama purposes; the Federal Form 7004 must be submitted with Form 20S. The automatic extension only applies to filing a return; no extensions are granted for payment of taxes due. ALL TAX PAYMENTS ARE DUE
Yes, a composite return may be filed by the S corporation to report the income and pay the tax for the nonresident shareholders. Use Form PTE-C.