*2100052S*
PART III
Shareholder’s Share of Current Year Income, Deductions,
Credits, and Other Items
shareholder’s share of
Income, Deductions, credits, etc.
SEE INSTRUCTIONS
Tax year beginning _________________, 2021 and ending _________________, 20_____
SCHEDULE
K-1
(Form 20S)
•
Final K-1
•
Amended K-1
2021
Distributive share allocated and
apportioned to Alabama
G Ordinary income (loss)
•
H Net rental real estate income (loss)
•
I RESERVED FOR FUTURE USE
J Portfolio income
•
K Net capital gain (loss)
•
L Other income (loss)
•
M Nonbusiness items
•
N Section 179 Deduction
•
•
Nondeductible
O Contributions
•
P Investment interest expense
•
Q Other deductions
•
R Oil and gas depletion
•
S Casualty losses
•
T Tax-exempt income
•
U Nondeductible expenses
•
V Distributions
•
W Investment income
•
X Investment expenses
•
Y Other items and amounts
•
Z Composite/Electing Pass-Through Entity
payments
•
AA US taxes paid
•
AB Repayment of loans from shareholders
•
AC Dividend Distributions from AE&P
•
Distributive share to be reported by
Alabama Residents
G2 Ordinary income (loss)
•
H2 Net rental real estate income (loss)
•
I2 RESERVED FOR FUTURE USE
J2 Portfolio income
•
K2 Net capital gain (loss)
•
L2 Other income (loss)
•
M2 Nonbusiness items
•
N2 Section 179 Deduction
•
•
Nondeductible
O2 Contributions
•
P2 Investment interest expense
•
Q2 Other deductions
•
R2 Oil and gas depletion
•
S2 Casualty losses
•
T2 Tax-exempt income
•
U2 Nondeductible expenses
•
V2 Distributions
•
W2 Investment income
•
X2 Investment expenses
•
Y2 Other items and amounts
•
AA2 US taxes paid
•
AB2 Repayment of loans from shareholders
•
AC2 Dividend Distributions from AE&P
•
AlAbAmA DepArtment of revenue
Income tAx ADmInIstrAtIon DIvIsIon
ADOR
A Corporation’s Employer Identification Number
B Corporation’s name, address, city, state, and zip code
C Shareholder’s identifying number
•
D Name
•
Street
•
City State Zip
• • •
E 1. What type of entity is this shareholder?
• •
Nominee
2. Shareholder’s percentage of stock ownership for tax year
• %
3. •
Schedule NRA filed
4. Check if owner/shareholder is nonresident • Nonresident
If a nonresident, provide state of legal residence: •
F Credits from Schedule PC
Code Maximum Allowable
1. • •
2. • •
3. • •
•
Electing Pass-Through Entity
PART I Information About the Corporation
PART II Information About the Shareholder
