×
tax forms found in
Tax Form Code
Tax Form Name

Alabama Free Printable  for 2024 Alabama Partnership / Limited Liability Company Return of Income

Tax season is open, and returns are due on April 16th! Save by eFiling early with TurboTax start now

It appears you don't have a PDF plugin for this browser. Please use the link below to download 2023-alabama-form-65.pdf, and you can print it directly from your computer.

Partnership / Limited Liability Company Return of Income
Form 65

FORM Reset Form 65 *23000165* Alabama Department of Revenue Partnership/Limited Liability Company Return of Income Important • • • PL86-272 Amended Return FEDERAL BUSINESS CODE NUMBER FEDERAL EMPLOYER IDENTIFICATION NUMBER • • 1. Company operating only in Alabama. •  2. Multistate Company – Apportionment (Sch. C).  • 3. Multistate Company – Separate Accounting (Prior written approval required and must be attached) or Sch. B non-business allocation only. Name of Company Initial Return • Final Return General Partnership Number and Street Suite Limited Partnership • LLC/LLP City or Town State 9 Digit ZIP Code • • • Qualified Investment Partnership •  Public Housing Project Publicly Traded Series LLC 2023 For Calendar Year 2023 or Fiscal Year Filing Status: (see instructions) beginning • _________________________________, 2023, and ending • ____________________________, _________  Check applicable box: • • • • • • • • CY • FY • SY • 52/53 Week • • Federal Audit Change. . . . . . . . . . . . . . . . . . . . . . . . •  Check if the company qualifies for the Alabama Enterprise Zone Credit or the Capital Credit . . . . . . . . . •  State in Which Company Was Formed Nature of Business • • •  Electing Pass-Through Entity Number of Members During the Tax Year. . . . . . . . . . . . . . • Date Qualified in Alabama Number of Nonresident Members • Included in Composite Filing . . . • UNLESS A COPY OF FEDERAL FORM 1065 IS ATTACHED THIS RETURN IS INCOMPLETE Caution. Include only trade or business income and expenses on lines 1a through 22 below. See the instructions for more information. 1. a. Gross receipts or sales. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1a • b. Returns and allowances . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1b • c. Balance. Subtract line 1b from line 1a . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1c • 2. Cost of goods sold (attach Federal Form 1125-A) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 • 3. 4. 5. 6. 7. 8. 9. Gross Profit. Subtract line 2 from line 1c . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Ordinary income (loss) from other partnerships, estates, and trusts (from Schedule P, line 1d). . . . . . . . . . . . . . . . . . . . . . . . . . . . Net farm profit (loss) attach Schedule F (Federal Form 1040) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net gain (loss) from Federal Form 4797, Part II, line 17 (attach Federal Form 4797) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10. 11. 12. 13. Federal Deduction 14. 15. (see the 16. instructions for limitations) 17. 18. 19. 20. 21. Guaranteed payments to partners . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repairs and maintenance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Bad debts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Rent. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Taxes and licenses (attach statement) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Federal Income 22. 23. 24. 25. 26. 27. 28. 29. 30. 31. 32. 33. Other income (loss) (attach statement) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total income (loss). Combine lines 3 through 7 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Salaries and wages (other than to partners) (less employments credits). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 4 5 6 7 8 9 10 11 12 13 14 15 • • • • • • • • • • • • • a. Depreciation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16a • b. Less depreciation reported on Federal Form 1125-A and elsewhere on return 16b • Depletion (do not deduct oil and gas depletion) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retirement plans, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Employee benefits programs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other deductions (attach statement) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total deductions. Add the amounts shown in the far right column for lines 9 through 20. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16c • 17 • 18 • 19 • 20 • 21 • Federal ordinary business income (loss). Subtract line 21 from line 8 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22 • Alabama nonseparately stated Reconciliations (from Schedule A, line 11) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23 • Federal ordinary business income (loss) adjusted to Alabama basis (add lines 22 and 23) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24 • Net nonbusiness income (loss) – Everywhere (from Schedule B, line 1d, Column E) enter income as negative and losses as positive . . . . . . . . . . . . 25 • Apportionable income (add lines 24 and 25) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26 • Alabama apportionment factor (from line 9, Schedule C) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27 • Income (loss) apportioned to Alabama (multiply line 27 by line 26) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28 • Net nonbusiness income (loss) – Alabama (from Schedule B, line 1d, Column F) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 29 • Small Business Health Insurance Premium Deduction (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30 • ( Alabama ordinary income (loss) (add lines 28, 29, and 30) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 31 • 2017 Alabama Historic Rehabilitation Tax Credit (from Schedule PC, Part T, line 6) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 32 • Railroad Modernization Act Credit (from Schedule PC, Part T, line 7) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33 • Mail to: Alabama Department of Revenue, Income Tax Administration Division, P.O. Box 327441, Montgomery, AL 36132-7441 % ) ADOR *23000265* Form 65 — 2023 SCHEDULE A Additions Deductions 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. Page 2 (NONSEPARATELY STATED RECONCILIATION ADJUSTMENTS) Related members interest or intangible expenses or costs from Schedule PAB (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . 1 • Nondeductible Federal Depreciation (Economic Stimulus Act of 2008) (see instructions). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 • Other reconciling items (attach schedule) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 • State income taxes not deductible . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 • Contributions not deductible on state income tax return due to an election to claim a state tax credit . . . . . . . . . . . . . . . . . . . . . . . 5 • Total additions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 • Expenses not deductible on federal income tax return due to election to claim federal tax credit. . . . . . . . . . . . . . . . . . . . . . . . . . . 7 • Adjustments due to the Federal Economic Stimulus Act of 2008 (attach schedule) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 • Other reconciling items (attach schedule) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 • Total deductions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 • Total reconciliation adjustments (subtract line 10 from line 6 above) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 • ALLOCATION OF NONBUSINESS INCOME, LOSS, AND EXPENSE SCHEDULE B Identify by account name and amount all items of nonbusiness income, loss, and expense removed from apportionable income and those items which are directly allocable to Alabama. Adjustment(s) must also be made for any proration of expenses under Alabama Income Tax Rule 810-27-1-.01, which states, “Any allowable deduction that is applicable to both business DIRECTLY ALLOCABLE ITEMS ALLOCABLE GROSS INCOME / LOSS Column A Everywhere and nonbusiness income of the taxpayer shall be prorated to each class of income in determining income subject to tax as provided…” (See instructions). Do not complete if entity operates exclusively in Alabama. RELATED EXPENSE Column B Alabama Column C Everywhere NET OF RELATED EXPENSE Column D Alabama Column E Everywhere (Col. A less Col. C) Column F Alabama (Col. B less Col. D) Nonseparately stated items 1a 1b 1c • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • 1d Total (add lines 1a, 1b, and 1c) Separately stated items 1e 1f 1g 1h Total (add lines 1e, 1f, and 1g) Person to contact for information regarding this return: Name: • Telephone Number: • ( ) Email: • Please Sign Here • I authorize a representative of the Department of Revenue to discuss my return and attachments with my preparer. 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 true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge. ( Signature of General Partner Paid Preparer’s Use Only Date Preparer’s Signature Date Firm’s Name (or yours, if self employed) • Telephone No. Check if self-employed • •( ) Daytime Telephone No. )  Social Security No. Preparer’s PTIN • E.I. No. • ZIP Code Firm’s Address Email Address ADOR *23000365* Form 65 — 2023 Page APPORTIONMENT FACTOR SCHEDULE – Do not complete if the entity operates exclusively in Alabama. ALABAMA EVERYWHERE SALES Gross receipts from sales . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 • • Dividends. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 • • Interest . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 • • Rents . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 • • Royalties . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 • • Gross proceeds from capital and ordinary gains . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 • • Other •_______________________________________ (Federal 1065, line •______ ) 7 • • Total Sales (add lines 1-7) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8a • 8b • 8a/8b = ALABAMA APPORTIONMENT FACTOR (Enter here and on line 27, page 1) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 SCHEDULE C 1. 2. 3. 4. 5. 6. 7. 8. 9. SCHEDULE D 9 • % Full Ownership List the disregarded entities in which the taxpayer holds full ownership of 100% Name of Entity Income (Loss) From All Sources FEIN AL Source Income (Loss) • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • SCHEDULE E OTHER INFORMATION •  incorporated •  sold 1. Indicate if company has been •  dissolved If company has been dissolved, sold, or incorporated, complete the following: Nature of change Name and address of new company, corporation, or owners Check this box, if entity is exempt from BPT •  2. Check if an Alabama business privilege tax return was filed for this entity •  Enter entity’s net worth If the privilege tax return was filed using a different FEIN, please provide the name and FEIN used to file the return. NAME: • FEIN: • 3. Taxpayer’s email address 4. Did any corporation, partnership, trust, individual, estate,or tax-exempt organization own, directly or indirectly, an interest of 50% or more in the profit, loss, or capital of the partnership? •  Yes •  No If Yes, attach schedule of Partners owning 50% or more of the Partnership. 5. At the end of the tax year, did the partnership own directly 50% or more of the total voting power of all classes of stock entitled to vote of any corporation, or own 50% or more directly or indirectly, in the profit, loss, or capital in any partnership or in the beneficial interest of a trust? •  Yes •  No If Yes, attach a schedule. ADOR Form 65 — 2023 *23000465* Page 4 Multistate entities should not use Schedule K to allocate separately stated income. See instructions for Schedule B. SCHEDULE K INCOME (LOSS) 1. Alabama Ordinary income (loss) (page 1, line 31) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2. Net rental real estate income (loss) (attach Form 8825) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3. a. Other gross rental income (loss) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3a • b. Expenses from other rental activities (attach statement) . . . . . . . . . 3b • 4. 5. 6. 7. 8. Federal Amount (A) Partners’ Distributive Share Items Apportionment Factor (B) Apportioned Amount (C) Enter on Alabama Schedule K-1 • • • • Part III, Line G Part III, Line H c. Other net rental income (loss). Subtract 3b from line 3a . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3c • Guaranteed payments. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 • Interest income. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 • Dividends . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 • Royalties. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 • a. Short-term and long-term capital gain(loss) . . . . . . . . . . . . . . . . . . . 8a • b. Opportunity Zone Investment(from Schedule OZ, line 4) . . . . . . . . . 8b • ) c. Exemption of gain under 40-18-8.1(Tech Company).. . . . . . . . . . . . . 8c • ( • • • • • • • • • • Part III, Line H Part III, Line I Part III, Line J Part III, Line J Part III, Line J 8d • 9 • 10 • 11 • • • • • • • Part III, Line K Part III, Line K Part III, Line L Part III, Line M 12 13a 13b 14 15 16 17 • • • • • • • • • • • • • • • • • • • Part III, Line N Part III, Line O Part III, Line P Part III, Line Q Part III, Line R Part III, Line S Part III, Line M 18a 18b 18c 19a 19b 20a 20b 20c 21 22 23 • • • • • • • • • • • • • • • • • • • • • • • • • • • Part III, Line T Part III, Line T Part III, Line U Part III, Line V Part III, Line V Part III, Line W Part III, Line X Part III, Line Y Part II, Line F Part III, Line Z Part III, Line Z d. Net short-term and long-term capital gain(loss) Add lines 8a, 8b and 8c.. . . . . . . . . . . . . . . . . . . . . 9. Net section 1231 gain (loss) (attach Form 4797) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10. Other income (loss) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11. Nonbusiness items (attach schedule) (Schedule B, Column B, line 1h) . . . . . . . . . . . . . . . . . . . . . . . . DEDUCTIONS 12. Section 179 deduction. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13. a. Contributions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Investment interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14. Other deductions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15. Oil and gas depletion. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16. Casualty losses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17. Nonbusiness items (attach schedule) (Schedule B, Column D, line 1h) . . . . . . . . . . . . . . . . . . . . . . . . OTHER 18. a. Tax-exempt interest income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other tax-exempt income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Nondeductible expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19. a. Distributions of cash and marketable securities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Distributions of other property. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20. a. Investment income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Investment expenses. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other items and amounts (attach statement) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21. Total credits (attach Schedule PC) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22. Composite payment made on behalf of owner . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23. Electing Pass-Through Entity Tax (Form EPT, line 2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 2 ADOR Form 65 — 2023 *23000565* Beginning of tax year (a) (b) SCHEDULE L – BALANCE SHEET 1 2a 2b 3 4 5 6 7a 7b 8 9a 9b 10a 10b 11 12a 12b 13 14 15 16 17 18 19a 19b 20 21 22 Assets Cash . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade notes and accounts receivable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Less allowance for bad debts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . U.S. government obligations. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Tax-exempt securities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other current assets (attach statement) . . . . . . . . . . . . . . . . . . . . . . . . . . . Loans to partners (or to persons related to partners) . . . . . . . . . . . . . . . . . . Mortgage and real estate loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other investments (attach statement) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Buildings and other depreciable assets. . . . . . . . . . . . . . . . . . . . . . . . . . . . Less accumulated depreciation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depletable assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Less accumulated depletion . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Land (net of any amortization). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Intangible assets (amortizable only) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Less accumulated amortization . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other assets (attach statement) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Liabilities and Capital Accounts payable. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Mortgages, notes, bonds payable in less than 1 year . . . . . . . . . . . . . . . . . Other current liabilities (attach statement) . . . . . . . . . . . . . . . . . . . . . . . . . . All nonrecourse loans. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Loans from partners (or persons related to partners). . . . . . . . . . . . . . . . . . Mortgages, notes, bonds payable in 1 year or more . . . . . . . . . . . . . . . . . . Other liabilities (attach statement). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Partners’ capital accounts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Liabilities and Capital . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Page End of tax year (c) • • •( • •( • •( • •( )• • • • • • • • )• )• • )• • • • • • • • • • • • 5 (d) • • •( • •( • •( • •( )• • • • • • • • )• )• • )• • • • • • • • • • • • ADOR Form 65 — 2023 SCHEDULE P *23000665* Page PARTNERSHIPS, TRUSTS, AND ESTATES (c) or (e) Ordinary Income From Alabama Sources • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • 1 TOTAL INCOME OR (LOSS). Add the amounts in columns (d) and (e). 1 • Enter the total here and include the amount from line 1d on page 1, line 4. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  • t us Tr Ordinary Income From All Sources ip sh er rtn (b) Check One (d) Employer Identification Number te Pa Ordinary income or (loss) from Partnerships, Trusts and Estates. Name and Address ta Es (a) 6
Extracted from PDF file 2023-alabama-form-65.pdf, last modified August 2019

More about the Alabama Form 65 Corporate Income Tax Tax Return TY 2023

This form is for a Partnership or Limited Liability Company to report their income.

We last updated the Partnership / Limited Liability Company Return of Income in January 2024, so this is the latest version of Form 65, fully updated for tax year 2023. You can download or print current or past-year PDFs of Form 65 directly from TaxFormFinder. You can print other Alabama tax forms here.


eFile your Alabama tax return now

eFiling is easier, faster, and safer than filling out paper tax forms. File your Alabama and Federal tax returns online with TurboTax in minutes. FREE for simple returns, with discounts available for TaxFormFinder users!

File Now with TurboTax

Related Alabama Corporate Income Tax Forms:

TaxFormFinder has an additional 47 Alabama income tax forms that you may need, plus all federal income tax forms. These related forms may also be needed with the Alabama Form 65.

Form Code Form Name
Schedule K1 (Form 65) Partnership Owner’s Share of Income, Deductions, Credits, etc (Form 65 K-1)
Form MV 40-12-265-1 Application For Replacement Motor Vehicle Credentials

Download all AL tax forms View all 48 Alabama Income Tax Forms


Form Sources:

Alabama usually releases forms for the current tax year between January and April. We last updated Alabama Form 65 from the Department of Revenue in January 2024.

Show Sources >

Form 65 is an Alabama Corporate Income Tax form. Like the Federal Form 1040, states each provide a core tax return form on which most high-level income and tax calculations are performed. While some taxpayers with simple returns can complete their entire tax return on this single form, in most cases various other additional schedules and forms must be completed, depending on the taxpayer's individual situation, to create a complete income tax return package.

About the Corporate Income Tax

The IRS and most states require corporations to file an income tax return, with the exact filing requirements depending on the type of company.

Sole proprietorships or disregarded entities like LLCs are filed on Schedule C (or the state equivalent) of the owner's personal income tax return, flow-through entities like S Corporations or Partnerships are generally required to file an informational return equivilent to the IRS Form 1120S or Form 1065, and full corporations must file the equivalent of federal Form 1120 (and, unlike flow-through corporations, are often subject to a corporate tax liability).

Additional forms are available for a wide variety of specific entities and transactions including fiduciaries, nonprofits, and companies involved in other specific types of business.

Historical Past-Year Versions of Alabama Form 65

We have a total of twelve past-year versions of Form 65 in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:


Partnership / Limited Liability Company Return of Income 2014 Form 65

#10 Comm. Office


TaxFormFinder Disclaimer:

While we do our best to keep our list of Alabama Income Tax Forms up to date and complete, we cannot be held liable for errors or omissions. Is the form on this page out-of-date or not working? Please let us know and we will fix it ASAP.

** This Document Provided By TaxFormFinder.org **
Source: http://www.taxformfinder.org/alabama/form-65