Form 20c - Corporation Income Tax Return - 1999 Page 4
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ALABAMA 20C – 1999
Schedule E
Federal Income Tax
(a) If this corporation is an accrual-basis taxpayer and files a separate (noncon-
under IRC §1552.
1552(a)(1)
1552(a)(2)
1552(a)(3)
solidated) federal income tax return with the IRS, enter on line 1 below the
No Election Made
Other _____________________________________
amount of federal income tax liability shown on Form 1120. Cash-basis
Attach a copy of the common parent corporation’s current 1552 election
taxpayers filing separate (nonconsolidated) federal returns should enter on
letter.
line 1 below the amount of federal income tax actually paid during the year.
Enter on line 1 the amount of the consolidated tax liability allocated to this
(b) If this corporation is a member of an affiliated group which files a
corporation under the method indicated above. Ignore any supplemental
consolidated federal return, indicate the number of the election made
elections under IRC §1502. Attach a schedule of your computations.
1 Federal income tax deduction to be apportioned . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1
Corporations not apportioning income should omit lines 2 through 4, and enter this amount on line 5.
2 Alabama income (from line 11, page 1). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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3 Adjusted total income (from line 3, page 1) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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4 Federal income tax apportionment factor (line 2 divided by line 3) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
4
%
5 Federal income tax deduction apportioned to Alabama (multiply line 1 by line 4) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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6 Refund of federal income tax deducted in prior year(s) (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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7 NET FEDERAL INCOME TAX DEDUCTION / (REFUND) (subtract line 6 from line 5). Enter here and on line 12, page 1 . . . . . . . .
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Schedule F
Credits/Exemptions Caution – See Instructions
1 Alabama Enterprise Zone Credit/Exemptions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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2 Employer Education Credit. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
2
3 Income Tax Credit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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4 Tax Increment Fund Payment Credit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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5 Coal Tax Credit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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6 Capital Tax Credit (Project Number(s) ______________________, ______________________) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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7 TOTAL (add lines 1 through 6). Enter here and on line 17d, page 1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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Consolidated Filing Fee
Other Information
Schedule G
1. Briefly describe your Alabama operations. __________________________
Complete this schedule if the corporation has elected to file a consolidated return
________________________________________________________________
for Alabama. The election is made by filing Form 20C-CRE on or before the due
(cities and counties).
2. List locations of property within Alabama
date of the return, including extensions, for the first taxable year for which the
________________________________________________________________
election is made.
________________________________________________________________
For tax periods beginning after December 31, 1998, an Alabama affiliated group
3. List other states in which corporation operates, if applicable.___________
may elect to file an Alabama consolidated return. Refer to §40-18-39(c)(1), Code
________________________________________________________________
of Alabama 1975. (See instructions.)
________________________________________________________________
Mark the appropriate box below:
4. Indicate your tax accounting method:
Total Assets of
Accrual
Cash
Other __________________________________
Affiliated Group
Annual Fee
5. If this corporation is a member of an affiliated group which files a con-
$0 to $2,500,000
$2,500
must be provided:
solidated federal return, the following information
$2,500,001 to $5,000,000
$5,000
(a) Copy of Federal Form 851, Affiliations Schedule. Identify by asterisk
$5,000,001 to $7,500,000
$7,500
or underline the names of those corporations subject to tax in
$7,400,001 to $10,000,000
$10,000
Alabama.
$10,000,001 and over
$12,500
(b) Copy of the spreadsheet of the income statements for EVERY corpo-
Consolidated Filing Fee. (Enter here and on Line 16b, page 1) ______________
ration in the consolidated group.
(Note: Total assets are those assets indicated on page one of the Federal Form
(c) Copy of consolidated Federal Form 1120, pages 1-4, as filed with the
1120.)
IRS.
6. Enter this corporation’s federal net income (shown on line 28 of Federal
Form 1120) for the last three (3) years, as last determined (e.g.: per
amended federal return or IRS audit).
1998 ________________ 1997 ______________ 1996 ________________
7. (a) Are you currently being audited by the IRS?
Yes
No
8. Location of the corporate records:
Street address: __________________________________________________
City: __________________________ State: __________ZIP: ____________
9. Person to contact for information concerning this return:
Name: _________________________________________________________
Telephone: ( _________ ) _________________________________________
Mail to: Alabama Department of Revenue
Individual and Corporate Tax Division
Corporate Tax Section
PO Box 327430
Montgomery, AL 36132-4730
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