Alabama Alabama Business Privilege Tax Initial Privilege Tax Return

Alabama Business Privilege Tax Initial Privilege Tax Return
Layout 1
FORM

BPT-IN

2025

*251101BN*

Alabama Department of Revenue

WARNING:
USE
A DIFFERENT
Alabama
Business PrivilegePLEASE
Tax Initial Privilege
Tax Return

PDF VIEWER

Initial Privilege Tax – This form is to be completed ONLY by taxpayers who incorporated, organized, qualified,
registered or started doing business in Alabama in 2025. NOTE: Initial returns must be filed within 2-1/2
months of incorporation, organization or qualification. See the detailed instructions on the Alabama Department of Revenue Web site (www.revenue.alabama.gov).

You tried to open
this form in an application
that is not compatible with some of the
1b. • Insurance Company
1c. • Financial Institution Group Member
Enter Month of Tax Year End •
features enabled in this form.
LLE Taxed as Corporation 1e. • Real Estate Investment Trust 1f. • Business Trust
Please enter the date the entity incorporated, organized,
qualified or registered in Alabama or started doing business in
S Corporation
1h. • Limited Liability Entity
1i. • Disregarded Entity
Alabama, whichever
occurred first: MAC®
Today, besides
Adobe® Reader, there are a number of applications
(Chrome®,
DO NOT FILE FORM BPT-IN AS AN ANNUAL RETURN
2a. Date of Qualification,
PDF
viewer plugin, Foxit® Reader, etc) that allow you to view PDF
documents and also,
TAXPAYER
INFORMATION
Incorporation or Organization •
3a. LEGAL NAME OF
(mm/dd/yyyy)
fill•PDF fillable forms.
BUSINESSto
ENTITY
FEIN NOT REQUIRED 3c. BPT ACCOUNT NO.

3b. FEIN •
(SEE INSTRUCTIONS) •
•
(SEE INSTRUCTIONS)
2b. •  No Alabama Factor Presence Nexus (This option
3d. SECRETARY OF STATE
3e. FEDERAL BUSINESS CODE NO.
is only available for
entities formed or organized outside the
these applications
are(SEEnot
prepared
features
ENTITY IDUnfortunately,
NO. (SEE SOS.ALABAMA.GOV) •
(NAICS)
SOS.ALABAMA.GOV)
• to run the advanced
State of Alabama)
3f. MAILING
in this form.
ADDRESScontained
•
Type of taxpayer (check only one):

•
1d. •
1g. •
1a.

C Corporation

3g. CITY •
4a. CONTACT PERSON
CONCERNING THIS FORM
4a. TAXPAYER’S
E-MAIL ADDRESS •

3h. STATE •

3i. COUNTRY (IF NOT IN US) •

3j. ZIP CODE •

To solve• this problem, please use Adobe® Reader. Please
follow
the
instructions
4b. CONTACT
PERSON’S
PHONE
NO.•
below this line:

County of incorporation
organization
for all the
Alabama
entities(PDF
. . . . . . . .file)
. . . . . in
. your
5a
1. Toorstart,
save
form
hard drive and from now on, work on the
State or country of incorporation
or
organization
for
all
foreign
entities
.
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.
.
.
.
.
.
5b
document. If you need to fill more than one form, make copies and assign
Date of qualification or registration in Alabama for foreign entities . . . . . . . . . . . .
6a
different file name to each form.
Date of incorporation or organization for all entities . . . . . . . . . . . . . . . . . . . . . . .
6b
Date started doing business in Alabama . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
6c
Telephone number
taxpayer . . . .Reader
. . . . . . . . . . . is
. . . not
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. . . . . . . . . . . in6d
2. Ifof the
Adobe®
your computer, you can download it at:
Name of registeredhttp://www.adobe.com/go/getreader/
agent in Alabama . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
7a
FEIN or social security number . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
7b
Street address . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
7c
3.zip Open
Reader (version 6 or higher), or with
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Name of corporate Adobe®
president or primary
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8a
Acrobat
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Social security number . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8b
IMPORTANT:
Street address
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City, state,
and
zip
code
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.
.
.
.
.
.
.
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.
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.
.
.
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8d
located on top of page 1. If you use File->Print a blank page will be printed.
Name of corporate secretary or secondary member/partner. . . . . . . . . . . . . . . . .
9a
Social Adobe®
security numberReader
. . . . . . . . . . . XI
. . . .or
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9b save the form data and complete the form
to
Street address
. . . . . . . . . sessions.
.........................................
9c
in different
City, state, and zip code . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9d
Kind of business done in Alabama. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10
Principal place of business in Alabama . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11
City, state,
and zip code
...........................................
Thank
you.
12. Kind of business done generally . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12
13. Mailing address of the principal place of business if outside State of Alabama . . . 13
City, state, and zip code . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5a.
5b.
6a.
6b.
6c.
6d.
7a.
7b.
7c.
7d.
8a.
8b.
8c.
8d.
9a.
9b.
9c.
9d.
10.
11.

COMPUTATION OF AMOUNT DUE
14. Privilege tax due (Page 2, Part B, line 20). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 •
15. Penalty due (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15 •
16. Interest due (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16 •
17. Total privilege tax due (add lines 14, 15 and 16) (Form BPT-V must be submitted if payment is made by check) . . . . . . . . . . . . . . . . . .
18. Family LLE Election: • (Signature required below)

Amount Due

17 •



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.
Title
Date
Your
Signature

Paid
Preparer’s
Use Only

•
•
ZIP Code•
Date

Preparer’s signature
Firm’s name (or yours, if
•
self-employed) and address

E.I. No.

•

Phone No. •

Preparer’s SSN/PTIN •

ADOR

BPT-IN 2025 *250002BN*

Alabama Department of Revenue

FORM

Alabama Business Privilege Tax

Initial Privilege Tax Return

PAGE 2

1a. FEIN



WARNING: PLEASE USE A DIFFERENT PDF VIEWER
1b. LEGAL NAME OF BUSINESS ENTITY

1c. DATE OF QUALIFICATION, ORGANIZATION OR
INCORPORATION (MM/DD/YYYY)

Part A – Net Worth Computation. Complete I, II or III only.
I. Corporations & Entities Taxed as Corporations
1. Issued capital stock and any additional paid in capital, but without reduction for treasury stock. . . . . . . . .

1 •

You tried to open this form in an application that is not compatible with some of the
corporations and non-stock issuing entities such as business trusts, enter assets minus liabilities . . . . . .
2 •
features enabled in this form.

2. Retained earnings, but not less than zero, including dividends payable. For LLC’s taxed as

3 •
4 •
Today, besides Adobe® Reader, there are a number
5. For S corporations, all payments for compensation, distributions or similar amounts in excess of $500,000 5 •

3. Gross amount of related party debt exceeding the sum of lines 1 and 2 . . . . . . . . . . . . . . . . . . . . . . . . . .

of applications (Chrome®, MAC®
PDF
viewer
plugin,
Foxit®
Reader,
etc)
that
allow
you
to view PDF documents
and also,
6. Total net worth (add lines 1 - 5). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
6 •
to fill
PDF
II. Limited Liability
Entities
(LLE’s)fillable forms.
4. For C corporations, all payments for compensation or similar amounts in excess of $500,000 . . . . . . . . .

7. Sum of the partners’/members’ capital accounts, but not less than zero . . . . . . . . . . . . . . . . . . . . . . . . . .

7 •

Unfortunately, these applications are not prepared
8 • to run the advanced features
9. Gross amount
of related party debt
the amount of line 7 . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
contained
in exceeding
this form.
9 •

8. All compensation, distributions, or similar amounts paid to each partner/member in excess of $500,000 . .

10. Total net worth (add lines 7, 8 and 9). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

10 •

To solve this problem, please use Adobe® Reader. Please follow the instructions
11. Single Member
Name: •
FEIN/SSN: •
below
this line:
III. Disregarded Entities

12. If a disregarded entity has as its single member a taxpayer that is subject to the privilege tax, then the disregarded entity does not have a filing requirement.. (Go to Part B, line 20.)

1. To start, save the form (PDF file) in your hard drive and from now on, work on the
13 •form, make copies and assign
document. If you need to fill more than one
14. Gross amount of related party debt exceeding the amount on line 13. . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 •
different file name to each form.
15. For disregarded entities, all compensation, distributions, or similar amounts paid to each member in
13. Assets minus liabilities for all disregarded entities that have as a single member an entity that is

not subject to the privilege tax (attach documentation) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

excess of $500,000. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

15 •

2. If Adobe® Reader is not installed in your computer, you can download
it at:
16 •
Part B – Privilege Tax http://www.adobe.com/go/getreader/
Exclusions and Deductions
16. Total net worth (add lines 13, 14, and 15 and go to Part B, line 1.) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Exclusions (Attach supporting documentation) (See instructions)
1. Net worth from Part A – line 6, 10, or 16 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

1 •

3. Open the form you just saved with Adobe® Reader (version 6 or higher), or with
Adobe®
Acrobat
(Standard
2. Book value of the investments
by the taxpayer
in the equity of other
taxpayers . . . . .or
. . . . Professional).
...........
2 •

3. Financial institutions only – Book value of the investments in other corporations or LLE’s if the taxpayer

IMPORTANT: To print the form, always use the 3GREEN
print button on the form,
•
4. Unamortized
portion of goodwill
coreof
deposit
intangibles
from ause
direct purchase
. . . . . . . . . a4 blank
•
located
on and
top
page
1.resulting
If you
File->Print
page will be printed.
owns more than 50% of the corporation or LLE . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

5. Unamortized balance of properly elected post-retirement benefits pursuant to FASB 106 . . . . . . . . . . . . .

5 •

Adobe® Reader XI or higher will allow you to save
6 • the form data and complete the form
7. Total exclusions
(sum of lines 2 sessions.
- 6) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
7 •
in different
6. Financial institutions only – The amount adjusted net worth that exceeds 6% of assets . . . . . . . . . . . . . .

8. Net worth subject to apportionment (line 1 less line 7) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9. Alabama Apportionment Factor as of date of organization, incorporation or qualification . . . . . . . .

9 •

.       %

10. Total Alabama net worth (multiply line 8 by line 9) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Thank you.

8 •

10 •

Deductions (Attach supporting documentation) (See instructions)
11. Net investment in bonds and securities issued by the State of Alabama or political subdivision
thereof, when issued prior to January 1, 2000 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
12. Net investment in all air, ground or water pollution control devices in Alabama . . . . . . . . . . . . . . . . . . . . .

11 •
12 •

13. Reserves for reclamation, storage, disposal, decontamination, or retirement associated with a
plant, facility, mine or site in Alabama . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
14. Book value of amount invested in qualifying low income housing projects (see instructions) . . . . . . . . . . .

13 •
14 •

15. Total deductions (add lines 11 - 14) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
16. Taxable Alabama net worth (line 10 less line 15) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
17. Tax rate . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

17 •

.00025

18. Gross privilege tax calculated (multiply line 16 by line 17) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
19. Ratio of the days remaining in the Tax year divided by 365 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

19 •

15 •
16 •
18 •

.       %

20. Privilege Tax Due (Multiply line 18 by line 19) If $100 or less, STOP. You do not have a filing requirement. Do not submit return. For maximum see instructions.

Go to Page 1 of BPT-IN

Enter also on Form BPT-IN, page 1, line 14, Privilege Tax Due . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

20 •

Make check payable to: Alabama Department of Revenue
(Payment must be submitted with Form BPT-V, unless payment is made electronically)
Mail to: Alabama Department of Revenue, Business Privilege Tax Section
P.O. Box 327320, Montgomery, AL 36132-7320
ADOR

*250006NI*

WORKSHEET

BPT-NWI

BUSINESS PRIVILEGE
TAX YEAR

Reset BPT-NWI

2025

Alabama Department of Revenue

Balance Sheet – Net Worth Computation
(FOR DISREGARDED ENTITIES WITH INDIVIDUAL SINGLE MEMBER ONLY)
1a  FEIN

1c Determination Period End Date
(Balance Sheet Date):

1b  NAME

_____________________________
(mm/dd/yyyy)

The Worksheet BPT-NWI is available to be completed to substantiate the net worth computation for Forms BPT-IN and PPT. This worksheet is for Disregarded Entities that have as its single member an individual taxpayer- typically single member LLCs taxed as sole proprietorships. The balance sheet
should agree with the Disregarded Entity's books and records. Attach a statement explaining any differences.

1
2a
b
3
4
5
6
7a
b
8
9a
b
10a
b
11
12a
b
13
14
15
16
17
18
19a
b
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 members (or persons related to members).. . . . . . . . .
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 members (or persons related to members) . . . . . . .
Mortgages, notes, bonds payable in 1 year or more . . . . . . . . .
Other liabilities (attach statement) . . . . . . . . . . . . . . . . . . . . . . .
Total net worth (assets minus liabilities) . . . . . . . . . . . . . . . . . .
Total Liabilities and Net Worth. . . . . . . . . . . . . . . . . . . . . . . .

Beginning of tax year
(a)
(b)

INSTRUCTIONS

Assets
Line 1. Cash – Enter the amount of cash and the amount retained in
certificates of deposit on this line.
Line 2. Trade notes and accounts receivable – Enter the book value
of trade notes and the book value of accounts receivable that are
payable to the business entity.
Line 3. Inventories – Enter the book value of inventories held by the
business entity.
Line 4. U.S. government obligations – Enter the book value of financial debt instruments backed by the US government such as: treasury
bonds, treasury bills, and savings bonds.

End of tax year
(c)

(d)

•
•
•

•

•
•

•
•

•

•

•
•

•
•

Line 5. Tax-exempt securities – Enter the book value of: 1.) State
and local government obligations for which interest is excludable from
gross income, and 2.) Stock in a mutual fund or other regulated investment company that distributed exempt-interest dividends during the tax
year of the business entity.
Line 6. Other current assets (attach statement) – Enter the book
value of current assets (assets that are reasonably expected to be converted into cash in less than 1 year) not entered elsewhere on lines 1
through 5. Amounts included here should not be included elsewhere on
lines 1 through 13. Attach a statement itemizing the separate categories and amounts of other current assets included in the total of current assets.

ADOR