Alabama Pro-Forma Corporation Income Tax Return

Pro-Forma Corporation Income Tax Return
Proforma Form 20C 
*2300012C*

FORM

20C

•CY
•FY
•SY
•52/53 WK

Alabama
Department of Revenue

Reset Form

Corporation Income Tax Return






2023

For the year January 1 – December 31, 2023, or other tax year beginning •_______________________, 2023, ending •_______________________, ________

Check
applicable
box:
•  PL 86-272
Initial
•  return
Final
•  return
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Amended
return

Federal
•  audit
change
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FEDERAL BUSINESS CODE NUMBER

FEDERAL EMPLOYER IDENTIFICATION NUMBER

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NAME •
ADDRESS •

SUITE, FLOOR, ETC •

CITY

STATE

COUNTRY (IF NOT U.S.) 9-DIGIT ZIP CODE

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CHECK ONLY ONE BOX. The taxpayer files the following form for federal purposes:

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1120

This company files as part of

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Federal Parent Name:

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Alabama Parent Name:

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2220AL Attached

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1120-REIT

consolidated federal group

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1120-F

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990/990T

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Other

consolidated Alabama group
FEIN •
FEIN •

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Filing Status: (see instructions)
•  1. Corporation operating only in
Alabama.
•  2. Multistate Corporation –
Apportionment (Sch. D-1).
•  3. Multistate Corporation –
Percentage of Sales (Sch. D-2).
•  4. Multistate Corporation – Separate
Accounting (Prior written approval
required and must be attached).
•  5. Proforma Return – files as part of
Alabama Affiliated Group.

Schedule of Adjustments to FTI

FEDERAL TAXABLE INCOME (see instructions). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Federal Net Operating Loss (included in line 1) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Reconciliation adjustments (from line 26, Schedule A). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Federal taxable income adjusted to Alabama Basis (add lines 1, 2 and 3). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Net nonbusiness (income)/loss – Everywhere (from Schedule C, line 2, col. E) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Apportionable income (add lines 4 and 5) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Alabama apportionment factor (from line 9, Schedule D-1) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Income apportioned to Alabama (multiply line 6 by line 7) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Net nonbusiness income/(loss) – Alabama (from Schedule C, line 2, col. F). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Alabama income before federal income tax deduction (line 8 plus line 9). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Federal income tax deduction /(refund) (from line 12, Schedule E). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Small Business Health Insurance Premiums (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Alabama income before net operating loss (NOL) carryforward (line 10 less lines 11a and b). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Alabama NOL deduction (see instructions). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Alabama taxable income (line 12 less line 13). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Alabama Income Tax (6.5% of line 14). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
LIFO Reserve Tax Deferral (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Alabama Income Tax after LIFO Reserve Tax Deferral (line 15 less line 16) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Nonrefundable Credits (from Schedule BC, Section E, line E3) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Net tax due Alabama (line 17 less line 18) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Payments:
a Carryover from prior year. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20a •
b Current year's estimated tax payments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20b •

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UNLESS A COPY OF THE
FEDERAL RETURN IS
ATTACHED, THIS RETURN
WILL BE CONSIDERED
INCOMPLETE. (SEE ALSO
20C INSTRUCTIONS, OTHER
INFORMATION, NO. 5.)

c Current year's Composite Payment(s)/Electing Pass-Through Entity Credit(s) from
Schedule CP-B, line 3 (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20c •
d Extension payment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20d •
e Payments prior to adjustment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20e •
f Refundable credits (from Schedule BC, Section F, line F3) . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20f •
g Total Payments (add lines 20a through 20f). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20g •
21 Reductions/applications of overpayments
a Credit to subsequent year's estimated tax. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
b Penny Trust Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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c Penalty due (see instructions) Late Payment Estimate •
Other
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d Interest due (see instructions) Estimate Interest
Interest on Tax •

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21b
21c
21d
e Total reductions (total lines 21a, b, c and d) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21e
22 Total amount due/(refund) (line 19 less 20g, plus 21e) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22

Please
Sign
Here

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•  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 are
true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.

(
Signature

Title

Date

)
Daytime Telephone No.
ADOR

*2300022C*
PAGE

ALABAMA 20C – 2023

Schedule A

2

Reconciliation Adjustments of Federal Taxable Income to Alabama Taxable Income

§40-18-33, Code of Alabama 1975, defines Alabama Taxable Income as federal taxable income without the benefit of the federal net operating loss plus specific
additions and less specific deductions. The specific additions and deductions are reflected in the lines provided below. Other reconciliation items include transition
adjustments to prevent duplicate deduction or duplicate taxation of items previously deducted or reported on Alabama income tax returns.

ADDITIONS
1 State and local income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
2 Federal exempt interest income (other than Alabama) on state, county and municipal obligations (everywhere) . . . . . . . . . . . . . . . . . .
3 Dividends from corporations in which the taxpayer owns less than 20 percent of stock to the extent properly deducted on
federal income tax return (see instructions). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
4 Federal depreciation on pollution control items previously deducted for Alabama (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5 Net income from foreclosure property pursuant to §10A-10-1.21 (real estate investment trust). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
6 Related members interest or intangible expenses or costs. From Schedule AB (see instructions).
Total Payments 6a •
minus Exempt Amount 6b •
equals
7 Captive REITS: Dividends Paid Deduction (from federal Form 1120-REIT) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8 Contributions not deductible on state income tax return due to election to claim state tax credit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9 Intangible foreign-derived and global low-taxed income deducted under 26 U.S.C. §250. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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11 Total additions (add lines 1 through 10). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

DEDUCTIONS
12 Refunds of state and local income taxes (due to overpayment or over accrual on the federal return) . . . . . . . . . . . . . . . . . . . . . . . . . . .
13 Interest income earned on direct obligations of the United States. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
14 Interest income earned on obligations of Alabama or its subdivisions or instrumentalities to extent included in
federal income tax return (see instructions). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
15 Aid or assistance provided to the Alabama State Industrial Development Authority pursuant to §41-10-44.8(d) . . . . . . . . . . . . . . . . . . .
16 Expenses not deductible on federal income tax return due to election to claim a federal tax credit . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
17 Dividends described in 26 U.S.C. §78 from corporations in which taxpayer owns more than 20% of stock (see instructions). . . . . . . . .
18 Dividend income – more than 20% stock ownership (including that described in 26 U.S.C. §951) from non-U.S.
corporations to the extent the dividend income would be deductible under 26 U.S.C. §243 if received from domestic corporations. . . .
19 Dividends received from foreign sales corporations as determined in 26 U.S.C. §922 (see instructions). . . . . . . . . . . . . . . . . . . . . . . . .
20 Amount of the oil/gas depletion allowance provided by §40-18-16 that exceeds the federal allowance (see instructions). . . . . . . . . . . .
21 Additional Alabama depreciation related to Economic Stimulus Act of 2008 (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
22 Exemption of gain under §40-18-8.1 (Tech Company) (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
23 Global intangible low-taxed income included in the gross income under 26 U.S.C. §951A . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
24 •
25 Total deductions (add lines 12 through 24) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
26 TOTAL RECONCILIATION ADJUSTMENTS (subtract line 25 from line 11 above).
Enter here and on line 3, page 1 (enclose a negative amount in parentheses). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Schedule B
Column 1
Loss Year End
MM / DD / YYYY

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2 •
3 •
4 •
5 •
6c
7
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11

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17

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25

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Alabama Net Operating Loss Carryforward Calculation (§40-18-35.1, Code of Alabama 1975)
Column 2
Amount of Alabama
net operating loss

Column 3
Amount used in years
prior to this year

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Alabama net operating loss (enter here and on line 13, page 1).

Column 5
Remaining unused
net operating loss

Column 4
Amount used
this year

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Column 6
Acquired
NOL

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ADOR

*2300032C*
Schedule C

3

PAGE

ALABAMA 20C – 2023

Allocation of Nonbusiness Income, Loss, and Expense – Use only if you checked Filing Status 2, page 1

Identify by account name and amount, all items of nonbusiness income, loss and expense removed from apportionable income and those items which are directly allocable to
Alabama. Adjustment(s) must also be made for any proration of expenses under Alabama Income Tax Rule 810-27-1-.01, which states, “Any allowable deduction that is
applicable to both business and nonbusiness income of the taxpayer shall be prorated to each class of income in determining income subject to tax as provided…” (See
instructions.)
ALLOCABLE GROSS INCOME / LOSS
Column A
Everywhere

DIRECTLY ALLOCABLE ITEMS OF
NONBUSINESS INCOME OR LOSS

Column B
Alabama

RELATED EXPENSE
Column C
Everywhere

NET OF RELATED EXPENSE

Column D
Alabama

Column E
Everywhere

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2 NET NONBUSINESS INCOME / LOSS
Enter Column E total ((income)/loss) on line 5 of page 1. Enter Column F total (income/(loss)) on line 9 of page 1 . . . . . . . . . . . . . .

Schedule D-1

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ALABAMA

EVERYWHERE

(a) If this corporation is an accrual-basis taxpayer and files a separate
(nonconsolidated) federal income tax return with the IRS, skip to line 6 and
enter the amount of federal income tax liability shown on Form 1120.
(b) If this corporation is a cash-basis taxpayer and files a separate
(nonconsolidated) federal income tax return with the IRS, skip to line 6 and

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7
8a
8b
8c
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10
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12

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ALABAMA

EVERYWHERE

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Federal Income Tax (FIT) Deduction/(Refund)

Only method 1552(a)(1) can be used to calculate the Federal Income Tax
Deduction.

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5

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Percentage of Sales – Use only if you checked Filing Status 3, page 1 – See instructions

DO NOT USE THIS SCHEDULE IF ALABAMA SALES EXCEED $100,000.
1 Gross receipts from sales . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . •
2 Tax due (multiply line 1, Alabama by .0025) (enter here and on page 1, line 15) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . •

Schedule E

Column F

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Apportionment Factor – Use only if Filing Status 2 or Filing Status 5, page 1 with Multi-State Operations –
Amounts must be Positive (+) Values
SALES

Schedule D-2

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Column E

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Gross receipts from sales . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . •
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Dividends. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . •
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Interest . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . •
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Rents. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . •
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Royalties . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . •
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Gross proceeds from capital and ordinary gains . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . •
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Other •
(Federal 1120, line •
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8b •
Total Sales . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8a •
Line 8a/8b = ALABAMA APPORTIONMENT FACTOR (Enter here and on line 7, page 1) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

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Column F
Alabama

enter the amount of federal income tax paid during the year.
(c) If this corporation is a member of an affiliated group which files a consolidated federal
return, enter the separate company income from line 30 of the proforma 1120 for this
company on line 1. You must complete lines 1-5 before moving on to line 6.
Items excluded from Alabama Taxable Income must be added to adjusted total income
on line 8b to calculate the Federal Income Tax deduction. (This includes any amounts
listed on Schedule A lines 13, 14, 17, 18, and 19).

This company’s separate federal taxable income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Total positive consolidated federal taxable income. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
This company’s percentage (divide line 1 by line 2). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Consolidated federal income tax (liability/payment) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Federal income tax for this company (multiply line 3 by line 4) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

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4
5

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Federal income tax to be apportioned . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 •
Alabama income, page 1, line 10. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 •
Adjusted total income, page 1, line 4 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8a •
Income excluded from Alabama Taxable Income (include any amounts listed on Schedule A lines 13, 14, 17, 18, and 19) . . . . . . . . . . . . . . . . 8b •
Adjusted Total Income including items excluded from Alabama Taxable Income (Add lines 8a and 8b). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8c •
Federal income tax ratio (divide line 7 by line 8c) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 •
Federal income tax apportioned to Alabama (multiply line 6 by line 9) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 •
Less refunds or adjustments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 •
Net federal income tax deduction / <refund> (enter here and on Page 1, line 11a). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12 •

%

%

ADOR

*2300042C*
PAGE

ALABAMA 20C – 2023

Balance Sheet

Schedule F

Beginning of tax year
(a)
(b)

Assets
1
2a
b
3
4
5
6
7
8
9
10a
b
11a
b
12
13a
b
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28

4

Cash
Trade notes and accounts receivable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Less allowance for bad debts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
U.S. government obligations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Tax-exempt securities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Other current assets (attach statement) . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Loans to shareholders . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Mortgage and real estate loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Other investments (attach statement) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Buildings and other depreciable assets. . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Less accumulated depreciation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Depletable assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Less accumulated depletion . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Land (net of any amortization). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Intangible assets (amortizable only) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Less accumulated amortization . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Other assets (attach statement) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Total Assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Liabilities and Shareholders’ Equity
Accounts payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Mortgages, notes, bonds payable in less than 1 year . . . . . . . . . . . . . . . . . .
Other current liabilities (attach statement). . . . . . . . . . . . . . . . . . . . . . . . . . .
Loans from shareholders. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Mortgages, notes, bonds payable in 1 year or more . . . . . . . . . . . . . . . . . . .
Other liabilities (attach statement) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Capital stock
a Preferred Stock . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
b Common Stock . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Additional paid-in capital . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Retained earnings – Appropriated (attach statement). . . . . . . . . . . . . . . . . .
Retained earnings – Unappropriated. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Adjustments to shareholders’ equity (attach statement) . . . . . . . . . . . . . . . .
Less cost of treasury stock . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Total Liabilities and Shareholders’ Equity . . . . . . . . . . . . . . . . . . . . . . . .

End of tax year
(c)

(d)

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Other Information
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.

Briefly describe your Alabama operations. •
List locations of property within Alabama (cities and counties). •
List other states in which corporation operates, if applicable. •
Indicate your tax accounting method:
•  Accrual •  Cash •  Other •
Check if corporation is a member of an affiliated group which files a consolidated federal return •  See instructions for additional information that must be provided.
Enter this corporation’s federal net income (see instructions for page 1, line 1) for the last three (3) years, as last determined (e.g.: per amended federal return or IRS audit).
2022 •___________________ 2021 •_________________ 2020 •___________________
Check if currently being audited by the IRS. •  If so, enter the periods: •________________________________________________
Location of the corporate records: Street address: •
ZIP: •
State: •
City: •
Person to contact for information concerning this return:
)
Telephone: • (
Email Address: •
Name: •
Files Business Privilege Tax Return. •  FEIN: •
Date Qualified in Alabama: •
Date of Incorporation: •
State of Incorporation: •
/ /
/ /

Paid
Preparer’s
Use Only

Date
Preparer’s
signature
Firm’s name (or yours,
•
if self-employed)
Firm’s address

•
Tel. No. • (

Check if
self-employed
)

•

Preparer’s Tax Identification Number

•

E.I. No. •
ZIP Code
ADOR

PAGE

ALABAMA 20C – 2023

Non-payment returns,
mail to:

Federal audit change
returns, mail to:

Alabama Department of Revenue
Income Tax Administration Division
Corporate Tax Section
PO Box 327430
Montgomery, AL 36132-7430

Payment returns, mail with
payment voucher (Form BIT-V) to:

5

Alabama Department of Revenue
Income Tax Administration Division
Corporate Tax Section
PO Box 327435
Montgomery, AL 36132-7435

Alabama Department of Revenue
Income Tax Administration Division
Corporate Tax Section
PO Box 327451
Montgomery, AL 36132-7451

PLEASE DO NOT SUBMIT THIS PAGE(5) TO THE ALABAMA
DEPARTMENT OF REVENUE WITH YOUR FORM 20C OR BIT-V.

ADOR