INSTRUCTIONS: ALABAMA CORPORATION INCOME TAX RETURN 2011 (Form 20C)

Corporations which operate in Alabama document their income tax owed to the state with a form 20C. This document is available on the website of the Alabama Department of Revenue.

Alabama Corporation Income Tax Return 2011 20C Step 1: At the top of the form, if you are filing on a fiscal year basis, give the starting and ending dates. Indicate with a check mark if you are filing an initial, final or amended form, or one documenting an address change.

Alabama Corporation Income Tax Return 2011 20C Step 2: Give your corporation's name, address, federal business code number and employer identification number, the state and date of your incorporation, the date you qualified to do business in Alabama and the nature of your corporation.

Alabama Corporation Income Tax Return 2011 20C Step 3: Five filing statuses are listed on the right. If you chose filing status number 2 as a multistate corporation filing on an apportionment basis, complete schedules C and D-1. If you choose filing status number 3 as a multistate corporation filing on a percentage of sales basis, complete schedule D-2.

Alabama Corporation Income Tax Return 2011 20C Step 4: Skip to the second page. Schedule A concerns adjustments and deductions. Follow instructions and enter the result from line 25 on line 3 of the first page.

Alabama Corporation Income Tax Return 2011 20C Step 5: Schedule B is a table to perform calculations regarding operating losses. Enter the result on line 13 of page 1.

Alabama Corporation Income Tax Return 2011 20C Step 6: Schedule E concerns federal income tax deductions.

Alabama Corporation Income Tax Return 2011 20C Step 7: Schedule F concerns credits and exemptions. Transfer the total from line 7 to line 16f on the first page.

Alabama Corporation Income Tax Return 2011 20C Step 8: Return to the first page. Lines 1 through 14 provide instructions to calculate taxable income.

Alabama Corporation Income Tax Return 2011 20C Step 9: Multiply line 14 by 6.5% to determine income tax due. Enter this on line 15.

Alabama Corporation Income Tax Return 2011 20C Step 10: Lines 16 through 18 allow for adjustments based on credits, deferrals, payments already made and previous overpayments.

Alabama Corporation Income Tax Return 2011 20C Step 11: Sign and date the form. Give your title and a daytime telephone number.