Supported Forms

The following Alabama forms are supported in Drake Tax 2024. Forms denoted with can be e-signed.

Form	Description	IND	CRP	SCRP	PTR	FID
20C	Corporation Income Tax Return		t
20S	S Corporation Information/Tax Return			t
2210AL	Underpayment of Estimated Tax by Individuals	t
2220AL	Underpayment of Estimated Tax for Corporations		t	t
2848A	Power of Attorney and Declaration of Representative	t	t	t	t	t
40	Individual Income Tax Return Residents & Part-Year Residents	t
40ES	Estimated Income Tax Payment Voucher	t
40NR	Individual Income Tax Return Nonresidents Only	t
40V	Individual Income Tax Payment Voucher	t
41	Fiduciary Income Tax Return					t
4952A	Investment Interest Expense Deduction	t				t
65	Partnership/Limited Liability Company Return of Income				t
8821A	Tax Information Authorization	t
AL2106	Employee Business Expenses	t
AL4562	Depreciation and Amortization	t	t	t	t	t
AL8453	Individual Income Tax Declaration for Electronic Filing	t
AL8453-B	Business Privilege Tax Declaration for Electronic Filing	t	t	t	t
AL8453-C	Corporate Income Tax Declaration for Electronic Filing		t
AL8453-FDT	Fiduciary Income Tax Declaration for Electronic Filing					t
AL8453OL	Individual Income Tax Declaration for Online Filing	t
AL8453-PTE	S-Corporation/Partnership Income Tax Declaration for Electronic Filing			t	t
BIT-V	Business Income Tax Payment Voucher		t
BPT-IN	Alabama Business Privilege Tax Initial Privilege Tax Return	t	t	t	t	t
BPT-NW	Balance Sheet – Net Worth Computation		t	t	t
BPT-NWI	Balance Sheet – Net Worth Computation	t				t
BPT-V	Business Privilege Tax Payment Voucher	t	t	t	t	t
CPT	Alabama Business Privilege Tax Return and Annual Report		t
EOO	Taxpayer e-File Opt Out Election Form	t
EPT	Electing Pass-Through Entity Payment Return			t	t
FDT-V	Fiduciary Income Tax Payment Voucher
KRCC	Project/Distributing Entity Share of Capital Credit			t	t	t
NMC	Affordable Housing Member Consent Agreement				t
NOL-85	Computation of Net Operating Loss	t
NOL-85A	Net Operating Loss Carryback or Carryforward	t
NOL-F85	Computation of Net Operating Loss					t
NOL-F85A	Application of Net Operating Loss Carryback or Carryforward					t
PPT	Alabama Business Privilege Tax Return and Annual Report	t		t	t	t
PTE-C	Nonresident Composite Payment Return			t	t
PTE-R	Request for Relief of Composite Payment				t
PTE-V	Pass Through Entity Payment Voucher			t	t
Schedule A (40)	Itemized Deductions	t
Schedule A (40NR)	Itemized Deductions	t
Schedule AAC	Alabama Adoption Tax Credit	t
Schedule AATC	Alabama Accountability Tax Credit	t
Schedule AB (20C)	Add-Back Form		t
Schedule ATP	Additional Taxes & Penalties	t
Schedule B (40)	Interest and Dividend Income	t
Schedule B (40NR)	Interest and Dividend Income	t
Schedule B-1	Alabama Net Operating Loss Carryforward Acquisitions		t
Schedule BC (20C)	Business Credits		t
Schedule BPT-E	Family Limited Liability Entity Election Form				t
Schedule CP (40/40NR)	Composite Payments/Electing PTE Credits	t
Schedule CP-B	Composite Payments/Electing Pass-Through Entity Credits		t	t	t	t
Schedule CR	Credit for Taxes Paid to Other States	t
Schedule D (40)	Net Profit or Loss	t
Schedule D (40NR)	Profit from Sale of Real Estate, Stocks, Bonds, etc.	t
Schedule D (41)	Profit or Loss from Sales of Assets
Schedule DC (40)	Donation Check-Offs	t
Schedule DS (40/NR)	Dependents Schedule	t
Schedule E (40)	Supplemental Income and Loss	t
Schedule E (40NR)	Income from Rents, Royalties, Partnerships, Estates, Trusts, and S Corporations	t
Schedule E (41)	Supplemental Income and Loss					t
Schedule EPT-C (EPT)	Electing Pass-Through Credits			t	t
Schedule EPT-K1 (EPT)	Schedules of K-1 for Form EPT			t	t
Schedule ESBT (41)	Electing Small Business Trust					t
Schedule FC	Fiduciary Credits					t
Schedule FTI	Schedule of Adjustments to Federal Taxable Income		t
Schedule G	Financial Institution Group Computation Schedule		t
Schedule G (41)	Grantor Statement of Income, Deductions, and Other Items					t
Schedule HBC	First Time Second Chance Home Buyer Deduction	t
Schedule HOF (40/40NR)	Head of Family Schedule	t
Schedule K-1 (20S)	Shareholder’s Share of Income, Deductions, Credits, etc.			t
Schedule K-1 (41)	Grantor Statement of Income, Deductions, and Other Items					t
Schedule K-1 (65)	Owner’s Share of Income, Deductions, Credits, etc.				t
Schedule KRCC-B	Recipient’s Share of Capital Credit for Business Entities, Including Trusts		t			t
Schedule KRCC-I	Recipient’s Share of Capital Credit for Individual Taxpayers	t
Schedule NRA	Alabama S-Corporation Nonresident Agreement			t
Schedule NRA-R	Alabama Composite Payment Relief Nonresident Agreement	t	t	t	t	t
Schedule NRC-EXEMPT	Subchapter K Affidavit of Exemption by Nonresident	t	t	t	t	t
Schedule OC (40/40NR)	Other Available Credits	t
Schedule OZ	Gains Invested in Qualified Opportunity Zone Funds		t	t
Schedule PAB (20S/65)	Add-Back Form			t	t
Schedule PC (20S/65)	Pass-Through Credits			t	t
Schedule PTE-AJA	Alabama Jobs Act – Investment Credit (Form PTE-C)			t	t
Schedule PTE-CK1	Nonresident Composite Schedule K-1	t	t	t	t	t
Schedule QIP-C	Qualified Investment Partnership Certification				t
Schedule RS (40/40NR)	Retirement Schedule	t
Schedule W-2 (40/40A/40NR)	Wages, Salaries, Tips, etc.	t

Modified Schedules

The following schedules have been modified for tax year 2024:

• Schedule BC, Business Credits

• Schedule FC, Fiduciary Credits

• Schedule OC, Other Available Credits

• Schedule PC, Pass-Through Credits

Obsolete Schedule

Schedule AL-CAR, Alabama Secretary of State Corporation Annual Report, is now obsolete.

Tax Law Changes

For taxable year 2025, taxpayers who would be subject to the minimum tax of $100 do not have a filing requirement (AL Act 2022-252 (amended section 40-14(A)-22)).