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Computation Schedule General Information The Alabama Schedule G, Financial Institution Group Computation Schedule, is used to compute the Alabama business privilege tax liability for financial institution groups, as defined by Section 40-14A-22(f), Code of Alabama 1975. See the Alabama Department of Revenue s web site (www.revenue.alabama.gov) for the Alabama Business Privilege Tax law, regulations, forms, and form preparation instructions. Available in the last section of this document are d.
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Fiduciaries FAQ
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Alabama's combined state and local general revenues were $54.5 billion in FY 2021, or $10,797 per capita. National per capita general revenues were $12,277. Alabama uses all major state and local taxes.
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Your AGI is on your Form 1040, Line 11 and says "This is your adjusted gross income."
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Checking Individual Income Tax Refund Status: The Alabama Department of Revenue provides a facility to check the status of your individual income tax refund. This can be done through the 'My Alabama Taxes' (MAT) portal. For more information, visit the My Alabama Taxes website.
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State Government Tax Collections, Total Income Taxes in Alabama (ALTLINCTAX) 2022:7,552,6792021:6,043,0932020:5,028,3242019:4,879,1402018:4,490,3161 more row
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MONTGOMERY – Governor Kay Ivey on Wednesday announced that one-time tax rebates authorized in her 2023 budget are now on their way to 1.9 million Alabama tax filers.
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The payments will be sent to the bank account listed on your 2021 Alabama state tax return. If you didn't list a bank account on your tax year 2021 return, Alabama will mail your tax rebate as a paper check. You will not need to pay Alabama income tax on your 2023 tax rebate payment.
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E‐filers: Generally, e‐filers can expect their refund about 8‐10 weeks after the date they receive their filing acknowledgement from the state. Paper filers: The return will take about 8‐12 weeks to process.
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To qualify for a rebate, taxpayers must have filed a 2021 Individual Income Tax return which the Alabama Department of Revenue received on or before October 17, 2022. Non-residents, estates or trusts or anyone who was claimed as a dependent during the 2021 tax year do not qualify.
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