Form 20s - S Corporation Information/tax Return - 2007 Page 3
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40700032S
FORM 20S – 2007
Page 3
SCHEDULE D – Apportionment of Federal Income Tax
1 Enter the federal income tax from Federal Form 1120S . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1
00
2 Enter the Alabama income from line 7, Schedule E below, if applicable. (If corporation operates
exclusively in Alabama, do not complete lines 2-8.) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
00
2
3 Apportionment of separately stated items
3a
3b x
% =
00
3c
Apportionment Factor
Enter in line 3a the amount from line 18, Schedule A
(line 26, Schedule C)
00
4 Separately stated items allocated to Alabama (line 1h, Column F, Schedule B) . . . . . . . . . . . . . . . . .
4
5 Total (add lines 2, 3c and 4) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5
00
6 Adjusted total income (add line 19, Schedule A to line 1h, Column E, Schedule B) . . . . . . . . . . . . . .
00
6
7 Federal income tax apportionment factor (line 5 divided by line 6) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
7
%
8 Federal income tax apportioned to Alabama (multiply line 1 by the percent on line 7) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8
00
%
SCHEDULE E – Apportionment and Allocation of Income to Alabama
1 Net Alabama nonseparately stated income or (loss) from line 11, Schedule A. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1
00
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 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
2
00
3 Apportionable income or (loss) (add line 1 and line 2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
3
00
4
4 Apportionment ratio from line 26, Schedule C . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
%
5 Income or (loss) apportioned to Alabama (multiply amount on line 3 by percent on line 4) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5
00
6
00
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). Also enter this amount on
7
00
line 2, Schedule D; line 20, Schedule A; and line 1, Schedule K . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
SCHEDULE F – Alabama Accumulated Adjustments Account
1 Beginning balance (prior year ending balance) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1
00
2
00
2 Net Alabama nonseparately stated income or (loss) (line 11, Schedule A) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
3 Net separately stated items (line 18, Schedule A). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
3
00
4
00
4 Federal income tax deduction (line 1, Schedule D). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5
00
5 Separately stated nonbusiness items (line 1h, Column E, Schedule B) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
6 Other additions/(reductions) (Do not include tax exempt income and related expenses). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
6
00
7
00
7 Less distributions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8 Ending balance (total appropriate lines) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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SCHEDULE G – Tax Credits (Caution – See Instructions)
1
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1 Employer Education Tax Credit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
2 Coal Credit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
2
00
3 TOTAL (add lines 1 and 2). Enter here and on line 22d, Schedule A. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
3
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SCHEDULE H – The Following Information Must Be Entered For This Return To Be Considered Complete
1 Indicate tax accounting method used:
Cash
Accrual
Other
2 Briefly describe your Alabama operations:
3 Enter this company’s Alabama Withholding Tax Account No.:
4 Person to contact for information concerning this return:
Name
Telephone Number (
)
5 Location of the corporate records:
6 Check if an Alabama business privilege tax return was filed for this entity:
7 If the privilege tax return was filed using a different FEIN, please provide the name and FEIN used to file the return:
FEIN:
NAME:
ADOR
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