Get Al Ador Int-2 2001

The AL ADoR INT-2 form is essential for reporting investment costs in capital projects for income tax capital credit in Alabama. This guide provides clear instructions to help users fill out the form effectively and efficiently.

Follow the steps to complete the AL ADoR INT-2 form online.

1. Select the ‘Get Form’ button to access the AL ADoR INT-2 form and open it in the designated editor.
2. Enter the project number assigned by the Alabama Department of Revenue when the initial report of intent was filed in the designated field.
3. Provide the project name as identified internally. This could be an official name or a name your entity uses to recognize the project.
4. Input the project entity's name, which should be the legal entity that qualifies for the capital credit, using accurate legal identifiers.
5. Fill in the Federal Employer Identification Number (FEIN) for the project entity.
6. Enter the mailing address to receive all correspondence regarding the project, including city, state, and ZIP code.
7. Specify the project location if it differs from the mailing address provided above.
8. Input the North American Industry Classification System (NAICS) code relevant to the project's predominant activity.
9. Select the applicable project filing status by checking only one box that describes the project type (e.g., New, Expansion, etc.).
10. Briefly describe the type of trade or business the project engages in within the provided text box.
11. Detail the project description, ensuring to cover all activities, and attach additional sheets if necessary.
12. Indicate the date the project was placed in service, ensuring to account for phased projects accordingly.
13. Enter the actual project costs, itemizing them under respective categories such as Building, Land, Equipment, etc.
14. Calculate the total actual project costs and input that figure in the designated field.
15. Determine the annual credit available by multiplying the total actual project costs by 5% and entering this amount.
16. Record the number of new employees employed by this project in the appropriate field.
17. Provide the average hourly wage for these new employees and their average hourly compensation, including benefits.
18. Answer whether an investing company has closed a facility in Alabama within the last two years and provide the closure date if applicable.
19. Specify if any property included in actual project costs has been previously placed in service in Alabama, responding accordingly.
20. List the contact person for capital credit correspondence, including their name and phone number.
21. Complete the allocations of capital credit section by listing all participants and their details, ensuring all necessary attachments are included.
22. Review all information for accuracy and completeness before saving your changes, downloading, printing, or sharing the completed form.

Complete your documents online today for a seamless filing experience.