Get ADV:U5-10

Gifts, money, or other property you inherit or that was willed to you. Dividends on veteran's life insurance. Life insurance proceeds received because of a person's death. Interest on obligations of the State of Alabama or any county, city, or municipality of Alabama.

Form AL8379 is filed by one spouse (the in- jured spouse) on a jointly filed tax return when the joint overpayment was (or is ex- pected to be) applied (offset) to a past-due obligation of the other spouse. By filing Form AL8379, the injured spouse may be able to get back his or her share of the joint refund.

Business Privilege Tax Rate The rates range from $0.25 to $1.75 for each $1,000 of net worth in Alabama. The minimum business privilege tax is $100.

810-3-2-. 01- Individuals domiciled within Alabama (residents) are taxable on their income, whether earned within or without Alabama, subject to certain exclusions and exemptions as provided under Alabama income tax law, regardless of their physical presence within Alabama at any time during the taxable year.

Taxpayers using the Single and Married Filing Separately filing statuses are entitled to a $1,500 personal exemption. Taxpayers using the Married Filing Jointly and Head of Family filing statuses are entitled to a $3,000 personal exemption. Part year residents are entitled to the full exemption amount.

All income is subject to Alabama income tax unless specifically exempted by state law. The term “income” includes, but is not limited to: Wages including salaries, fringe benefits, bonuses, commissions, fees, and tips.

If you are an Alabama resident or earn income within the state, you will likely need to file an Alabama state tax return.

An Alabama Tax Power of Attorney Form, otherwise known as “Form 2848A”, is a document that is used by a person paying taxes to the Department of Revenue who would like to use a tax preparer to conduct the filing on their behalf.