The Alabama 40 form is the official document used by residents and part-year residents of Alabama to file their individual income tax returns for the year. This form collects essential information about your income, deductions, and tax liabilities, helping ensure compliance with state tax laws. Understanding how to accurately complete the Alabama 40 can simplify the filing process and help maximize any potential refunds.
The Alabama 40 form is essential for residents and part-year residents who need to file their individual income tax returns for the 2020 tax year. This form captures a range of important financial information, beginning with personal details such as your name, Social Security number, and filing status. It also includes sections to report various types of income, including wages, interest, dividends, and other earnings. Deductions play a crucial role in determining taxable income, and the form allows you to choose between itemizing deductions or taking the standard deduction. Additionally, it provides spaces for tax credits and payments, ensuring you account for any Alabama income tax withheld or estimated tax payments made during the year. If you need to amend a previous return, there's a checkbox for that as well. Overall, the Alabama 40 form serves as a comprehensive tool for accurately reporting your income and calculating your tax liability, making it a vital step in fulfilling your tax obligations.
FORM
*21000140*
40
2021
ALABAMA INDIVIDUAL INCOME TAX RETURN
RESIDENTS & PART-YEAR RESIDENTS
For the year Jan. 1 - Dec. 31, 2021, or other tax year: Beginning:
Ending:
Your first name
Initial
Last name
Spouse’s first name
Present home address (number and street or P.O. Box number)
City, town or post office
State
ZIP code
Your social security number
Check if primary is deceased Primary’s deceased date (mm/dd/yy)
Spouse’s social security number
Check if spouse is deceased Spouse’s deceased date (mm/dd/yy)
Check if address is outside U.S.
Foreign Country
CHECK BOX IF AMENDED RETURN
Filing Status/
1
$1,500 Single
3
$1,500 Married filing separate. Complete Spouse SSN
Exemptions
2
$3,000 Married filing joint
4
$3,000 Head of Family (with qualifying person). Complete Schedule HOF.
5a
Alabama Income Tax Withheld (from Schedule W-2, line 18, column G)
. . . . . . . . . . . . . . . . . . . . .
A – Alabama tax withheld
B – Income
5b
Wages, salaries, tips, etc. (from Schedule W-2, line 18, column I plus J):.
. . . . . . . .
. . . . . . . . . . . . . . . . . . . . . .
00
Income
6
Interest and dividend income (also attach Schedule B if over $1,500)
. . . . .
. . . . . . . . . .
. . . . . .
. .
and
7
Other income (from page 2, Part I, line 9)
. . . . . . . . . . . . . . . . .
Adjustments
8
Total income. Add amounts in the income column for line 5b through line 7 . .
9
Total adjustments to income (from page 2, Part II, line 16)
10
Adjusted gross income. Subtract line 9 from line 8
Deductions
11
Check box a, if you itemize deductions, and enter amount from Schedule A, line 27.
Box a or b MUST be checked
Check box b, if you do not itemize deductions, and enter standard deduction (see instructions)
If claiming a deduc-
a
Itemized Deductions
b
Standard Deduction
tion on line 12, you
must attach page
12
Federal tax deduction (see instructions)
. . . . . . . . . . . . . . . . . . . . . . . . .
1,2 and Schedule 1
of your Federal
DO NOT ENTER THE FEDERAL TAX WITHHELD FROM YOUR FORM W-2(S)
Return, if applica-
ble.
13
Personal exemption (from line 1, 2, 3, or 4)
14
Dependent exemption (from page 2, Part III, line 2)
15
Total deductions. Add lines 11, 12, 13, and 14
. . . . . . . . . . . . . . . . . . . . . . . . . . . . .
. . .
. . . .
16
Taxable income. Subtract line 15 from line 10
17
Income Tax due. Enter amount from tax table or check if from
Form NOL-85A
Tax
18
Net tax due Alabama. Check box if computing tax using Schedule OC
, otherwise enter amount from line 17 . . . .
Staple Form(s) W-2,
19
Additional taxes (from Schedule ATP, Part I, Line 3)
W-2G, and/or 1099
20
Alabama Election Campaign Fund. You may make a voluntary contribution to the following:
here. Attach Schedule
W-2 to return.
Alabama Democratic Party
$1
$2
none
20a
Alabama Republican Party
20b
21
Total tax liability and voluntary contribution. Add lines 18, 19, 20a, and 20b
22
Alabama income tax withheld (from column A, line 5a)
23
2021 estimated tax payments/Automatic Extension Payment
24
Amended Returns Only — Previous payments (see instructions)
Payments
25
Refundable Credits. Enter the amount from Schedule OC,Section F, line F4.
26
Payments from Schedule CP, Section B, Line 1 .
27
Total payments. Add lines 22, 23, 24, 25 and 26
28
Amended Returns Only – Previous refund (see instructions)
29
Adjusted Total Payments. Subtract line 28 from line 27
AMOUNT
30
If line 21 is larger than line 29, subtract line 29 from line 21, and enter AMOUNT YOU OWE and add line 31.
Place payment, along with Form 40V, loose in the mailing envelope. (FORM 40V MUST ACCOMPANY PAYMENT.)
YOU OWE
31
Penalties (from Schedule ATP, Part II, line 3) (see instructions)
OVERPAID
32
If line 29 is larger than line 21, subtract line 21 from line 29, and enter amount OVERPAID
. . . . . . . . .
33
. . . . . . . . . . . . . . . .Amount of line 32 to be applied to your 2022 estimated tax
Donations
34
Total Donation Check-offs from Schedule DC, line 2
REFUND
35
REFUNDED TO YOU. (CAUTION: You must sign this return on the reverse side.)
If line 32 is greater than zero, subtract lines 31, 33 and 34 from line 32
ADOR
*21000240*
Form 40 (2021)
Page 2
PART I
Alimony received
. . . . . . . . . . . . . .
.
. . . . . . .
. . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . .
Business income or (loss) (attach Federal Schedule C or C-EZ) (see instructions)
Gain or (loss) from sale of Real Estate, Stocks, Bonds, etc. (attach Schedule D)
Other
4a
Total IRA distributions
4b Taxable amount (see instructions)
4b
Total pensions and annuities
5b Taxable amount (see instructions)
(See
Rents, royalties, partnerships, estates, trusts, etc. (attach Schedule E) . . . .
instructions)
Farm income or (loss) (attach Federal Schedule F)
Other income (state nature and source — see instructions)
Total other income. Add lines 1 through 8. Enter here and also on page 1, line 7
PART II
1a
Your IRA deduction
Spouse’s IRA deduction
1b
Payments to a Keogh retirement plan and self-employment SEP deduction
Penalty on early withdrawal of savings
Alimony paid. Recipient’s last name
Social security no.
5
Adoption expenses
to Income
Moving Expenses (Attach Federal Form 3903) to City
ZIP
Self-employed health insurance deduction
Payments to Alabama College Counts 529 Fund or Alabama PACT Program
Health insurance deduction for small employer employee (see instructions)
Costs to retrofit or upgrade home to resist wind or flood damage . . .
Deposits to a catastrophe savings account
Contributions to a health savings account
Deposits to an Alabama First-Time and Second Chance Home Buyer Savings Account (see instructions) . . .
. . . . . . . . . . . . .
Firefighter’s Insurance Premiums
Contributions to an Achieving a Better Life Experience (ABLE) savings account
Total adjustments. Add lines 1 through 15. Enter here and also on page 1, line 9
PART III
Total number of dependents from Schedule DS, line 1b
Dependents
Amount allowed. (Multiply total number of dependents claimed on line 1 by the amount on the dependent chart
in the instructions.) Enter amount here and on page 1, line 14
PART IV
Residency Check only one box
Full Year
Part Year
From
2021 through
2021.
General
Did you file an Alabama income tax return for the year 2020?
Yes
No If no, state reason
Give name and address of present employer(s). Yours
Information
Your Spouse’s
All Taxpayers
Enter the Federal Adjusted Gross Income $
and Federal Taxable Income
$
as reported on your 2021 Federal
Individual Income Tax Return.
Must Complete
This Section.
Do you have income which is reported on your Federal return, but not reported on your Alabama return (other than your state tax refund)?
No
If yes, enter source(s) and amount(s) below: (other than state income tax refund)
Source
Amount
Drivers
DOB
Iss date
Exp date
(mm/dd/yyyy)
Your state
DL#
License Info
Spouse state
I authorize a representative of the Department of Revenue to discuss my return and attachments with my preparer.
Sign Here
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
In Black Ink
true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
Keep a copy
Your signature
Date
Daytime telephone number
Your occupation
(
)
of this return
for your records.
Spouse’s signature (if joint return, BOTH must sign)
Spouse’s occupation
Paid
Preparer’s
Check if
Preparer’s SSN or PTIN
signature
self-employed
Firm’s name (or yours
Daytime telephone no. (
E.I. No.
Use Only
if self-employed)
ZIP Code
and address
WHERE TO
FILE
FORM 40
If you are receiving a refund, Form 40, line 35, mail your return to: Alabama Department of Revenue, P.O. Box 154, Montgomery, AL 36135-0001
If you are making a payment, Form 40, line 30, mail your return to: Alabama Department of Revenue, P.O. Box 2401, Montgomery, AL 36140-0001
If you are not receiving a refund or making a payment, mail your return to: Alabama Department of Revenue, P.O. Box 327469, Montgomery, AL 36132-7469
Mail only your 2021 Form 40 to one of the above addresses. Prior year returns, amended returns, and all other correspondence should be mailed to Alabama Department of Revenue, P.O. Box 327464, Montgomery, AL 36132-7464.
Alabama State Trooper Accident Report Online - Effective communication of involved parties’ actions prior to the incident is gathered.
For those looking to ensure a smooth transfer of ownership, it's important to understand the legalities involved in the horse transaction. You can find a useful guide for filling out a Horse Bill of Sale properly by visiting the essential Horse Bill of Sale form guide.
Alabama Department of Industrial Relations - This form must be completed and submitted to receive written approval from the Commissioner.
Alabama 3 - Application review processes may involve contacting the National Crime Information Center.
The IRS Form 1040 serves as the standard individual income tax return for residents across the United States. Similar to the Alabama 40 form, it requires personal information, including the taxpayer's name, address, and Social Security number. Both forms involve reporting income from various sources, claiming deductions, and calculating tax liability. The 1040 allows for different filing statuses and requires taxpayers to provide information on dependents, making it comparable in structure and purpose to the Alabama 40 form.
The IRS Form 1040A is a simplified version of the standard Form 1040, designed for taxpayers with less complex financial situations. Like the Alabama 40 form, it requires basic personal information and allows for the reporting of income, deductions, and credits. Both forms share similarities in their layout and the types of income that can be reported, making the 1040A a more straightforward alternative for those eligible to use it.
The IRS Form 1040EZ is another simplified tax return form that is even more streamlined than the 1040A. This form is intended for single or married taxpayers with no dependents and a limited amount of taxable income. Much like the Alabama 40 form, it requires basic personal information and focuses on income and tax calculations. Both forms aim to simplify the filing process for taxpayers with straightforward financial situations.
The IRS Form 8862 is used by taxpayers who have previously had their earned income credit denied or reduced. This form is similar to the Alabama 40 form in that it requires detailed information about income, dependents, and eligibility for credits. Both forms emphasize the importance of providing accurate information to claim benefits, highlighting the need for transparency in tax filings.
The IRS Schedule A is used for itemizing deductions on an individual tax return. This form parallels the Alabama 40 form, as both allow taxpayers to claim various deductions related to expenses like mortgage interest, medical costs, and charitable contributions. The process of itemizing is crucial for some taxpayers to reduce their taxable income, making the relationship between Schedule A and the Alabama 40 form significant.
The IRS Schedule C is utilized by sole proprietors to report income and expenses from their business. Like the Alabama 40 form, it requires detailed financial information to determine net profit or loss. Both forms are designed to ensure that all income is accurately reported, and that taxpayers can take advantage of applicable deductions, reinforcing the importance of thorough documentation.
The IRS Form W-2 reports wages paid to employees and the taxes withheld from those wages. This form is closely linked to the Alabama 40 form, as it provides the necessary income data that taxpayers must report. Both forms require the inclusion of accurate income figures to ensure that tax liabilities are calculated correctly, underscoring the importance of accurate wage reporting.
The IRS Form 1099 is used to report various types of income other than wages, salaries, and tips. Similar to the Alabama 40 form, it requires the reporting of income that must be included in the taxpayer's total income calculation. Both forms serve to provide a comprehensive view of an individual’s income sources, ensuring compliance with tax obligations.
When completing transactions involving personal property, it's essential to use official documentation to ensure clarity and legality. The New York Bill of Sale form serves this purpose effectively, contributing to a secure and transparent exchange. For convenient access to various templates, you can visit PDF Templates Online, where you can find the necessary resources to facilitate your transaction.
The IRS Form 8863 is used to claim education credits for qualified tuition and related expenses. This form is similar to the Alabama 40 form in that it allows taxpayers to reduce their tax liability through credits. Both forms require detailed information about expenses and eligibility, emphasizing the importance of providing accurate data to maximize tax benefits.
The IRS Form 8889 is used to report Health Savings Account (HSA) contributions and distributions. This form parallels the Alabama 40 form as it requires taxpayers to provide information about their health-related expenses and contributions. Both forms aim to ensure that taxpayers can claim appropriate deductions and credits related to health expenses, reinforcing the importance of maintaining accurate financial records.
Ensure you have the correct tax year selected on the Alabama 40 form. This form is designed for residents and part-year residents for the tax year specified, which is January 1 to December 31, 2020, in this case.
Accurate personal information is crucial. Fill in your social security number, name, and address correctly. If applicable, also include your spouse’s details, including their social security number.
Understand your filing status. The form provides options such as single, married filing jointly, and head of family. Choose the one that applies to your situation, as it affects your tax calculations.
Be diligent about reporting all income. Lines 5b through 7 require you to sum your wages, interest, dividends, and other income. This total will impact your adjusted gross income.
Review deductions carefully. Decide whether to itemize deductions or take the standard deduction. This choice will influence your taxable income, so ensure you check the appropriate boxes and enter the correct amounts.
The Alabama 40 form is the state’s individual income tax return for residents and part-year residents. It is used to report income earned during the tax year, calculate tax liability, and determine whether any tax is owed or if a refund is due. This form is specifically for the tax year from January 1 to December 31, 2020, or for other specified tax years.
Individuals who are residents or part-year residents of Alabama and have taxable income must file the Alabama 40 form. This includes those who earn wages, salaries, tips, or other forms of income. If you are unsure whether you need to file, consider your income level and residency status during the tax year.
To complete the Alabama 40 form, you will need to provide personal information such as your name, Social Security number, and address. Additionally, you must report your income, including wages, salaries, and any other taxable income. Information regarding deductions, exemptions, and tax payments made throughout the year is also required.
Your filing status is determined by your marital status and family situation as of December 31 of the tax year. The options include Single, Married Filing Jointly, Married Filing Separately, and Head of Family. Each status has different income thresholds and exemptions, which can affect your overall tax liability.
The mailing address for your completed Alabama 40 form depends on whether you are expecting a refund or making a payment. If you are receiving a refund, send it to the Alabama Department of Revenue, P.O. Box 154, Montgomery, AL 36135-0001. For payments or if you are not expecting a refund, mail it to P.O. Box 327469, Montgomery, AL 36132-7469. Ensure that you follow the instructions for any additional forms that may need to be included.