SCHEDULE
160007BC
Alabama Department of Revenue
BC
2016
Business Credits
Reset Form
ATTACH TO FORM 20C
(FORM 20C)
ADOR
NAME(S) AS SHOWN ON FORM 20C
FEDERAL EMPLOYER IDENTIFICATION NUMBER
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SECTION A
Current Tax Period Liability. Enter tax due from Form 20C, page 1, line 15 here and on Section C, Part A, Column 4 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
SECTION B
CURRENT YEAR CREDITS
Part A — Alabama Enterprise Zone Act Credit
A1 CREDIT ALLOWABLE. Enter the amount of the Alabama Enterprise Zone credit available.
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Enter here and on Section C, Part A, Column 3.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
A1
Part B — Basic Skills Education Credit. YOU MUST ATTACH YOUR APPROVED CERTIFICATION NOTICE ISSUED BY THE ALABAMA DEPARTMENT OF EDUCATION.
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B1 Enter your assigned Department of Education Certification Number . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
B1
B2 Name of employer/firm sponsoring the education program
B3 Name of approved provider
Address of approved provider
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B4 Were all participants for whom you are claiming a tax credit continuously employed by you for at least 16 weeks? .
Yes
No
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B5 If the answer to line B4 is yes, did employee(s) work at least 24 hours each week?. . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Yes
No
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B6 If the answer to lines B4 and B5 above are yes, enter the total expenses available for credit (see instructions) . . . . . . . . . . . . . . . . . . . . . . .
B6
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B7 CREDIT ALLOWABLE. Multiply line B6 by 20% (.20). Enter here and on Section C, Part B, Column 3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
B7
Part C — Income Tax Credit
C1 CREDIT ALLOWABLE. Enter the amount paid pursuant to the financing agreement, corresponding to debt service
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on the project obligations. Enter here and on Section C, Part C, Column 3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
C1
Part D — Coal Credit.
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D1 CREDIT ALLOWABLE. Enter the amount of coal credit allowable. Enter here and on Section C, Part D, Column 3 . . . . . . . . . . . . . . . . . . . .
D1
Part E — Full Employment Act of 2011 Credit
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E1 Number of full time employees on 12-31-2015 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
E1
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E2 Number of full time employees on 12-31-2014 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
E2
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E3 Subtract line E2 from line E1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
E3
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E4 Number of qualifying new employees from line E3 that completed their first 12 months service in 2016. . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
E4
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E5 CREDIT ALLOWABLE. Multiply line E4 by $1,000. Enter here and on Section C, Part E, Column 3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
E5
Part F — Alabama New Markets Development Credit
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F1
CREDIT ALLOWABLE. Enter the amount from the Notice of Certification. Enter here and on Section C, Part F, Column 3 . . . . . . . . . . . . .
F1
Part G — Heroes For Hire Tax Credit Act. Employee Credit
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G1 Number of recently deployed unemployed veterans included in Section B, Part E, line E4 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
G1
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G2 CREDIT ALLOWABLE. Multiply line G1 by $1,000. Enter here and on Section C, Part G, Column 3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
G2
Part H — Heroes For Hire Tax Credit Act. Business Start-up Expenses Credit
H1 Name
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H2 Enter your business ID number . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
H2
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H3 Enter total amount of business start-up expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
H3
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$2,000 00
H4 Maximum credit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
H4
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H5 CREDIT ALLOWABLE. Enter the lesser of line H3 or line H4. Enter here and on Section C, Part H, Column 3 . . . . . . . . . . . . . . . . . . . . . . .
H5