Alabama Net Profit or Loss and Supplemental Income and Loss Schedules
Extracted from PDF file 2023-alabama-schedule-d-e.pdf, last modified July 2023Net Profit or Loss and Supplemental Income and Loss Schedules
*XX001040* SCHEDULES D& E (FORM 40) Alabama Department of Revenue Schedule D – Net Profit or Loss 2023 (Schedule E is on back) ATTACH TO FORM 40 — SEE INSTRUCTIONS FOR SCHEDULES D AND E Name(s) as shown on Form 40 Your social security number Net Profit or Loss From Sale of Real Estate, Stocks, Bonds, etc. (a) (b) Kind of Property Date Acquired (c) (d) Date Sold (e) Amount Received Depreciation Allowable Since Acquisition (f) (g) Cost or Other Basis (h) Subsequent Improvements Net Profit or (Loss) (Cols. d & e less Cols. f & g) 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 1 TOTAL NET PROFIT OR (LOSS). Enter here and on Form 40, page 2, Part I, line 3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Schedule D (Form 40) 2023 1 00 ADOR SCHEDULE E (FORM 40) *XX001140* Alabama Department of Revenue Supplemental Income and Loss 2023 (From Rental Real Estate, Royalties, Partnerships, S Corporations, Estates, Trusts, REMICs, etc.) ATTACH TO FORM 40. SEE INSTRUCTIONS FOR SCHEDULE E (FORM 40). Name(s) shown on return PART I Your social security number Income or Loss From Rental Real Estate and Royalties Note: If you are operating under a Federal Employer Identification Number, report income and expenses from your business of renting personal property on Schedule C or C-EZ. 1 Show the kind and location of each Rental Real Estate Property: 2 For each rental real estate property listed on line 1, did you or your family use it during the tax year for personal purposes for more than the greater of: • 14 days, or • 10% of the total days rented at fair rental value? A B C Income: Properties B A 3 4 00 00 00 00 00 00 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 Add lines 5 through 18 . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20 Depreciation expense or depletion . . . . . . . . . . . . . . . . . . . 19 20 21 Total expenses. Add lines 19 and 20 . . . . . . . . . . . . . . . . . 22 Income or (loss). Subtract line 21 from line 3 (rents) or line 4 (royalties). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 22 00 00 00 S Es 23 Total Real Estate and Royalty income or (loss). Add columns A, B, and C from line 22 and enter the result here . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (i) (h) PART II Income from Partnerships, S Corporations, Estates, and Trusts Employer ra po r Co B C Identification Number 3 4 00 00 12 00 19 20 00 00 23 (j) 00 Amount t n us ip tio Tr sh er or rtn te Pa ta Check One A Totals (Add Columns A, B, and C) C 3 Rents received . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 Royalties received. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Expenses: 5 Advertising . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 Auto and travel . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 Cleaning and maintenance . . . . . . . . . . . . . . . . . . . . . . . . . 8 Commissions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 Insurance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 Legal and other professional fees . . . . . . . . . . . . . . . . . . . . 11 Management fees . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12 Mortgage interest . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13 Other interest . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 Repairs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15 Supplies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16 Taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17 Utilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18 Other (list) ___________________________________ _______________________________________________ _______________________________________________ _______________________________________________ (g) Name and Address Yes No 00 00 00 00 24 TOTAL INCOME FROM PARTNERSHIPS, S CORPORATIONS, ESTATES, AND TRUSTS. Add the amounts in column (j). Enter the total here and include on line 25 below. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24 00 25 TOTAL INCOME OR (LOSS). Combine lines 23 and 24. Enter the total here and on Form 40, page 2, Part I, line 5 . . . . . . . . . . . . . . . . . . . . . . . . 25 00 Schedule E (Form 40) 2023 ADOR
Schedule D&E TY 2023_7-13-23_F
More about the Alabama Schedule D & E Individual Income Tax TY 2023
We last updated the Net Profit or Loss and Supplemental Income and Loss Schedules in February 2024, so this is the latest version of Schedule D & E, fully updated for tax year 2023. You can download or print current or past-year PDFs of Schedule D & E directly from TaxFormFinder. You can print other Alabama tax forms here.
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File Now with TurboTaxRelated Alabama Individual Income Tax Forms:
TaxFormFinder has an additional 47 Alabama income tax forms that you may need, plus all federal income tax forms. These related forms may also be needed with the Alabama Schedule D & E.
Form Code | Form Name |
---|---|
Schedule D | Net Profit or Loss (Form 41) |
Schedule DS & HOF | Dependents Schedule and Head of Family Schedule |
View all 48 Alabama Income Tax Forms
Form Sources:
Alabama usually releases forms for the current tax year between January and April. We last updated Alabama Schedule D & E from the Department of Revenue in February 2024.
About the Individual Income Tax
The IRS and most states collect a personal income tax, which is paid throughout the year via tax withholding or estimated income tax payments.
Most taxpayers are required to file a yearly income tax return in April to both the Internal Revenue Service and their state's revenue department, which will result in either a tax refund of excess withheld income or a tax payment if the withholding does not cover the taxpayer's entire liability. Every taxpayer's situation is different - please consult a CPA or licensed tax preparer to ensure that you are filing the correct tax forms!
Historical Past-Year Versions of Alabama Schedule D & E
We have a total of twelve past-year versions of Schedule D & E in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:
Schedule D&E TY 2023_7-13-23_F
Schedule D&E TY 2021.qxp
Schedule D&E TY 2020.qxp
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#10 Comm. Office
Sch D&E TY 2005
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