Alabama Alabama Accountability Tax Credit
Extracted from PDF file 2023-alabama-schedule-aatc.pdf, last modified July 2023Alabama Accountability Tax Credit
SCHEDULE AATC 2023 *230022AA* Alabama Department of Revenue Alabama Accountability Tax Credit NAME(S) AS SHOWN ON TAX RETURN PRIMARY SOCIAL SECURITY NO. SPOUSE SOCIAL SECURITY NO. PART I ALABAMA DEPARTMENT OF REVENUE Credit for Transferring from Failing Public School to Nonfailing Public School or Nonpublic School 1 2 3 4 5 6 7 8 9 Name of student: • Social security number of student: • Name of failing school attended or zoned for: • Name of school transferred to: • Grade level at time of transfer: • Date of enrollment at nonfailing public school or nonpublic school: • 80% of the average annual cost of attendance for an Alabama public K-12 student . . . . . . . . . . . . . . . . . . . . . . . . Actual cost of attending nonfailing public school or nonpublic school . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Enter the lesser of line 7 or line 8 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 8 • 9 • 10 11 12 13 14 15 16 17 18 Name of student: • Social security number of student: • Name of failing school attended or zoned for: • Name of school transferred to: • Grade level at time of transfer: • Date of enrollment at nonfailing public school or nonpublic school: • 80% of the average annual cost of attendance for an Alabama public K-12 student . . . . . . . . . . . . . . . . . . . . . . . . 16 Actual cost of attending nonfailing public school or nonpublic school . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17 • Enter the lesser of line 16 or line 17 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18 • 19 20 21 22 23 24 25 26 27 Name of student: • Social security number of student: • Name of failing school attended or zoned for: • Name of school transferred to: • Grade level at time of transfer: • Date of enrollment at nonfailing public school or nonpublic school: • 80% of the average annual cost of attendance for an Alabama public K-12 student . . . . . . . . . . . . . . . . . . . . . . . . 25 Actual cost of attending nonfailing public school or nonpublic school . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26 • Enter the lesser of line 25 or line 26 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27 • 28 29 30 31 32 33 34 35 36 Name of student: • Social security number of student: • Name of failing school attended or zoned for: • Name of school transferred to: • Grade level at time of transfer: • Date of enrollment at nonfailing public school or nonpublic school: • 80% of the average annual cost of attendance for an Alabama public K-12 student . . . . . . . . . . . . . . . . . . . . . . . . 34 Actual cost of attending nonfailing public school or nonpublic school . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 35 • Enter the lesser of line 34 or line 35 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 36 • 4,795 00 4,795 00 4,795 00 4,795 00 37 Add the amounts from line 9, line 18, line 27, and line 36. Enter the amount here and on Schedule OC, Section B, Part K, line K1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 37 • ADOR
Schedule AATC TY 2023 Print Version_7-21-23_F
More about the Alabama Schedule AATC Corporate Income Tax Tax Credit TY 2023
This form is used to receive a tax credit for money that was donated to state-approved scholarship granting organizations.
We last updated the Alabama Accountability Tax Credit in February 2024, so this is the latest version of Schedule AATC, fully updated for tax year 2023. You can download or print current or past-year PDFs of Schedule AATC directly from TaxFormFinder. You can print other Alabama tax forms here.
Other Alabama Corporate Income Tax Forms:
TaxFormFinder has an additional 47 Alabama income tax forms that you may need, plus all federal income tax forms.
Form Code | Form Name |
---|---|
Form PTE-V (Obsolete) | Pass Through Entities Payment Voucher |
Schedule D | Net Profit or Loss (Form 41) |
Schedule K-1 (Form 20S) | Pass Through Shareholder’s Share of Income, Deductions, Credits, etc. (Form 20S) |
Schedule K1 (Form 65) | Partnership Owner’s Share of Income, Deductions, Credits, etc (Form 65 K-1) |
Form 65 | Partnership / Limited Liability Company Return of Income |
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 AATC from the Department of Revenue in February 2024.
Schedule AATC is an Alabama Corporate Income Tax form. States often have dozens of even hundreds of various tax credits, which, unlike deductions, provide a dollar-for-dollar reduction of tax liability. Some common tax credits apply to many taxpayers, while others only apply to extremely specific situations. In most cases, you will have to provide evidence to show that you are eligible for the tax credit, and calculate the amount of the credit to which you are entitled.
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 AATC
We have a total of eleven past-year versions of Schedule AATC in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:
Schedule AATC TY 2023 Print Version_7-21-23_F
AATC
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