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Alabama Supplemental Income And Loss (Form 41)
Extracted from PDF file 2023-alabama-schedule-e.pdf, last modified August 2019Supplemental Income And Loss (Form 41)
SCHEDULE E FORM 41 *23000741* Alabama Department of Revenue Supplemental Income and Loss (From Rental Real Estate, Royalties, Partnerships, S Corporations, Estates, Trusts, etc.) Reset ATTACH TO FORM 41. SEE INSTRUCTIONS FOR SCHEDULE E (FORM 41). Name of Estate or Trust PART I Federal Employer Identification Number Income or (Loss) From Rental Real Estate and Royalties 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: 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) ___________________________________ • _______________________________________________ • _______________________________________________ • _______________________________________________ • 19 20 21 22 2023 Add lines 5 through 18 . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation expense or depletion . . . . . . . . . . . . . . . . . . . Total expenses. Add lines 19 and 20 . . . . . . . . . . . . . . . . . Income or (loss). Subtract line 21 from line 3 (rents) and/or line 4 (royalties). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Properties B A 3 • 4 • 00 • 00 • • • • • • • • • • • • • • • • • • • 19 • 20 • 21 • 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 22 • 00 • 5 6 7 8 9 10 11 12 13 14 15 16 17 18 • • • • • • • • • • • • • • • • • • • • • 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 23 Total Real Estate and Royalty income or (loss). Add Columns A, B, and C from line 22 and enter the result here . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Schedule E (Form 41) 2023 No A • • B • • C • • Totals (Add Columns A, B, and C) C 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 Yes 3 • 4 • 00 00 12 • 00 19 • 20 • 00 00 23 • 00 ADOR *23000841* Page 2 SCHEDULE E FORM 41 – 2023 Income or (loss) from Partnerships and/or S Corporations (h) (i) S n io at or rp Co ship er rtn Pa PART II (g) Name and Address Check One Federal Employer Identification Number Income (or loss) from Estates and/or Trusts • • • 00 • • • • 00 • • • • 00 • • • • 00 24 • 00 25 • 00 (m) (l) Federal Employer Identification Number Amount • • • • 00 • • • • 00 • • • • 00 • • • • 00 26 • 00 26 TOTAL INCOME OR (LOSS) FROM ESTATES AND/OR TRUSTS. Add the amounts in column (n). Enter total here and on Form 41, Schedule C, Column C, line 5b, or Schedule G, Column a, line 6 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Schedule E (Form 41) 2023 (n) t te us Tr ta Check One Es (k) Name and Address Amount • 24 TOTAL INCOME OR (LOSS) FROM PARTNERSHIPS AND/OR S CORPORATIONS. Add the amounts in Column (j). Enter the total here and include on line 25 below.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25 TOTAL INCOME OR (LOSS). Combine lines 23 and 24. Enter total here and on Form 41, page 3, Schedule C, Column C, line 5a, or Schedule G, Column a, line 5 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . PART III (j) ADOR
Schedule E
More about the Alabama Schedule E Corporate Income Tax TY 2023
Use this schedule to report supplemental income from Rental Real Estate, Royalties, Partnerships, S Corporations, Estates, Trusts, REMICs, etc.
We last updated the Supplemental Income And Loss (Form 41) in January 2024, so this is the latest version of Schedule E, fully updated for tax year 2023. You can download or print current or past-year PDFs of Schedule E directly from TaxFormFinder. You can print other Alabama tax forms here.
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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 E.
| Form Code | Form Name |
|---|---|
| Form Schedule EC | Excise Credits |
| Form Schedule EC (Instructions) | Excise Credits - Instructions |
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 E from the Department of Revenue in January 2024.
About the Corporate Income Tax
The IRS and most states require corporations to file an income tax return, with the exact filing requirements depending on the type of company.
Sole proprietorships or disregarded entities like LLCs are filed on Schedule C (or the state equivalent) of the owner's personal income tax return, flow-through entities like S Corporations or Partnerships are generally required to file an informational return equivilent to the IRS Form 1120S or Form 1065, and full corporations must file the equivalent of federal Form 1120 (and, unlike flow-through corporations, are often subject to a corporate tax liability).
Additional forms are available for a wide variety of specific entities and transactions including fiduciaries, nonprofits, and companies involved in other specific types of business.
Historical Past-Year Versions of Alabama Schedule E
We have a total of ten past-year versions of Schedule E in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:
2014 Schedule E
Sch D&E TY 2005
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