Drake Tax - AL - Business Privilege Tax Returns

Article #: 12980

Last Updated: December 05, 2024

 


Tags: Drake Tax

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Alabama Business Privilege Tax returns are available in the AL > Privilege Tax tab for individual, corporation, S corporation, partnership, and fiduciary packages.

Note  ​To produce the BPT-IN, the entity would have to be incorporated and start doing business in Alabama during the year following the tax year. For example, to produce a BPT-IN within Drake Tax 2024, the Date started doing business in Alabama field on Alabama screen BPT and the Business start date on Federal screen 1 have to be between 01-01-2025 and 12-31-2025.

e-Filing

  • Forms CPT (corporate) and PPT (S corporation and partnership pass-through) can be e-filed.

    Note  The AL Business Privilege Tax Initial Privilege Tax Return, form BPT-IN, is not an e-fileable form; it must be paper-filed.

  • Individual BPT e-filing is available.

  • Fiduciary BPT is not e-filable, it must be paper-filed.

Type of Taxpayer - Disregarded Entity AL PPT

  • The disregarded entity status is not supported in a business return; it is only available in the individual or fiduciary package.