Form 20s - S Corporation Information/tax Return - 2007 Page 4

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0700042S
FORM 20S – 2007
Page 4
SCHEDULE K – Distributive Share Items
Apportionment
Enter on Alabama
Federal Amount
Alabama Amount
Factor
Schedule K-1
1 Alabama Nonseparately Stated Income (Schedule E, line 7) .
Part III, Line M
Separately Stated Items:
2 Contributions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Part III, Line S
3 Oil and gas depletion . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Part III, Line Z
4 I.R.C. §179 expense deduction . . . . . . . . . . . . . . . . . . . . . . . . . .
Part III, Line O
5 Casualty losses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Part III, Line W
6 Portfolio income. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Part III, Line Q
7 Interest expense related to portfolio income. . . . . . . . . . . . . . . .
Part III, Line P
8 Other expenses related to portfolio income (attach schedule)
Part III, Line R
9 Other separately stated business items (attach explanation) .
Part III, Line T
10 Separately stated nonbusiness items (attach schedule) . . . . .
Part III, Line AA
11 Composite payment made on behalf of owner/shareholder . .
Part III, Line U
12 U.S. taxes paid (attach explanation) . . . . . . . . . . . . . . . . . . . . . .
Part III, Line V
13 Alabama exempt income (attach explanation). . . . . . . . . . . . . .
Part III, Line AB
Transactions with Owners:
14 Property distributions to owners . . . . . . . . . . . . . . . . . . . . . . . . . .
Part III, Line X
I authorize a representative of the Department of Revenue to discuss my return and attachments with my preparer.
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
Please
are true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
Sign
Here
(
)
Signature
Date
Daytime Telephone No.
Social Security No.
Telephone No.
Date
Preparer’s Social Security No.
Preparer’s
Signature
(
)
Paid
Preparer’s
E.I. No.
Firm’s Name (or yours
Use Only
if self-employed)
and address
ZIP Code
CHECK LIST
HAVE THE FOLLOWING FORMS BEEN ATTACHED TO THE FORM 20S:
ALABAMA SCHEDULE K-1 (one for each shareholder)
ALABAMA SCHEDULE NRA (if applicable)
FEDERAL FORM 1120S (entire form as filed with IRS)
FEDERAL FORM 1120S PROFORMA (if applicable)
FEDERAL FORM 7004 (if applicable)
FORM BIT-V (if applicable)
Returns without Payments
Returns with Payments
MAIL TO: Alabama Department of Revenue
MAIL TO: Alabama Department of Revenue
Pass Through Entity
Pass Through Entity
PO Box 327441
PO Box 327444
Montgomery, AL 36132-7441
Montgomery, AL 36132-7444
ADOR

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