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Alabama Free Printable  for 2020 Alabama Other Available Credits

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Other Available Credits
Schedule OC

SCHEDULE OC (FORM 40 OR 40NR) *190012OC* Alabama Department of Revenue Other Available Credits ATTACH TO FORM 40 OR 40NR Name(s) as shown on Form 40 or 40NR 2019 Your social security number PART A  –  Basic Skills Education Credit Attach this schedule to your Alabama return along with a copy of your approved certification notice issued by the Alabama Department of Education. Enter your assigned Department of Education Certification Number ______________________________________________. 1 Name of employer/firm sponsoring the education program _________________________________________________________________________. 2 Name of approved provider _________________________________________________ Location ________________________________________. 3 Were all participants for whom you are claiming a tax credit continuously employed by you for at least 16 weeks?  Yes  No 4 If the answer to line 3 is yes, did employee(s) work at least 24 hours each week?  Yes  No 5 If the answer to lines 3 and 4 above is yes, enter the total expenses available for credit (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 6 Total maximum credit available. Multiply line 5 by 20% (.20) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 7 Tax due Alabama from Form 40, page 1, line 17, or Form 40NR, page 1, line 19 . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 8 CREDIT ALLOWABLE. Enter the amount from line 6 or 7, whichever is smaller . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . PART B  –  Rural Physician Credit 1 Name of hospital and community where you live and provide medical services _________________________________________________________ _______________________________________________________________________________________________________________________. 2 Tax due Alabama from Form 40, page 1, line 17, or Form 40NR, page 1, line 19 . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 $5,000 00 3 Maximum Rural Physician Credit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 8 • 4 CREDIT ALLOWABLE. Enter the amount from line 2 or 3, whichever is smaller . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . PART C  –  Coal Credit 1 CREDIT ALLOWABLE . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . PART D  –  Alabama Enterprise Zone Act Credit 1 Enter amount from Schedule EZK1, Part II, page 2, line 13, or Schedule EZ, Part IV, page 2, line 13 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . PART E  –  Full Employment Act of 2011 Credit. Owners of qualified employers that are entities taxed under subchapters S or K of the Internal Revenue Code will report their pro rata share of credit on line 6 below. Were you in business with 50 or fewer full and/or part-time employees on June 9, 2011?  Yes  No If “No”, you do not qualify for this credit. 1 Number of full time employees on 12-31-2018 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 2 Number of full time employees on 12-31-2017 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 3 Subtract line 2 from line 1. If less than or equal to zero, STOP! You do not qualify for credit. . . . . . . . . . . . . . . . . . . 3 4 Number of qualifying new employees from line 3 that completed their first 12 months service in 2019 . . . . . . . . . . 4 4 • 1 • 1 • 5 Multiply line 4 by $1,000.00 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 Pro rata share of credit from Schedule K-1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FEIN of entity _______________________________ (If credit from more than one entity, attach schedule.) 7 CREDIT ALLOWABLE. Add line 5 and line 6. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . PART F  –  Veterans Employment Act. For owners of qualified employers that are entities taxed under subchapters S or K of the Internal Revenue Code, skip Lines 1 and 2 and report your pro rata share of credit on line 3 below. Employee Credit 1 Number of unemployed veterans included in Part E, line 4 or Schedule SBA, Part II, line 6 . . . . . . . . . . . . . . . . . . . 1 5 6 2 Multiply line 1 by $1,000.00 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 Pro rata share of credit from Schedule K-1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FEIN of entity _______________________________ (If credit from more than one entity, attach schedule.) 4 CREDIT ALLOWABLE. Add line 2 and line 3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . PART G  –  Veterans Employment Act. For owners of qualified employers that are entities taxed under subchapters S or K of the Internal Revenue Code skip Lines 1 through 4 and report your pro rata share of credit on line 5 below. Did this business start up after April 2, 2012?  Yes  No If “No”, you do not qualify for this credit. Business Start-up Expenses Credit 1 Name and business ID number ______________________________________________________________________________________________. 2 Enter total amount of business start-up expenses. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 $2,000 00 3 Maximum credit. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 2 3 4 Enter the lesser of line 2 or line 3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 Pro rata share of credit from Schedule K-1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FEIN of entity _______________________________ (If credit from more than one entity, attach schedule.) 6 CREDIT ALLOWABLE. Add line 4 and line 5. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 5 7 4 6 • • • ADOR Schedule OC (Form 40 or 40NR) 2019 *190013OC* Name(s) as shown on Form 40 or 40NR Page 2 Your social security number PART H  –  Credit for Taxes paid to a Foreign Country Note: All dollar figures must be in U.S. dollars. 1 S Corporation/Partnership/Estate/Trust Name •_________________________________________________________________________________ 2 FEIN •____________________________________ 3 Name of country income earned in •__________________________________________________________________________________________ 4 • 4 Your pro rata share in entity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 • 5 Pro rata share of income from foreign operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 • 6 Alabama tax imposed on pro rata share of income from foreign operations (line 5). . . . . . . . . . . . . . . . . . . . . . . . 7 • 7 Pro rata share of tax due the foreign country as shown on that country's tax return . . . . . . . . . . . . . . . . . . . . . . . 8 8 Tax due Alabama from Form 40, page 1, line 17 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 • 9 Multiply line 7 by 50% (.50). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 CREDIT ALLOWABLE. Enter the lesser of line 6, line 8 or line 9 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 • PART I  –  Neighborhood Infrastructure Incentive Plan Credit Note: Do not include condominium, homeowner’s or neighborhood homeowner association fees paid. 1 Local Neighborhood Infrastructure Authority District Name and Address _______________________________________________________________ ________________________________________________________________________________________________________________________ 2 FEIN ____________________________________ 3 Local Neighborhood Infrastructure Authority District Charter Number _________________________________________________________________ 4 Date of original assessment _____________________________ 5 Were you assessed by the Neighborhood Infrastructure Authority District between January 1, 2012 and December 31, 2015?  Yes  No If “Yes” is selected, please complete lines 6 through 9 below. If “No” is selected, no credit is allowable. 6 6 Enter amount of voluntary assessment paid . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 7 Multiply line 6 by 10% (.10). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $1,000 00 8 8 Maximum Allowable Credit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 CREDIT ALLOWABLE. Enter the lesser of line 7 or line 8. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 • PART J  –  Summary 1 TOTAL CREDITS ALLOWABLE. Add Part A, line 8, Part B, line 4, Part C, line 1, Part D, line 1, Part E, line 7, Part F, line 4, Part G, line 6, Part H, line 10, and Part I, line 9, Enter the total here and on Schedule NTC, line 4 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 • ADOR
Extracted from PDF file 2019-alabama-schedule-oc.pdf, last modified July 2019

More about the Alabama Schedule OC Individual Income Tax Tax Credit TY 2019

Use this form to specify additional tax credits you qualify for. Attach to Form 40 or 40NR.

We last updated the Other Available Credits in January 2020, so this is the latest version of Schedule OC, fully updated for tax year 2019. You can download or print current or past-year PDFs of Schedule OC directly from TaxFormFinder. You can print other Alabama tax forms here.

Other Alabama Individual Income Tax Forms:

TaxFormFinder has an additional 47 Alabama income tax forms that you may need, plus all federal income tax forms.

Form Code Form Name
Form 40 Alabama Individual Income Tax Return
Schedule A, B, & DC Itemized Deductions, Interest and Dividend Income and Donation Checkoffs (Form 40)
Form 40A Individual Income Tax Return (Short Form)
Form 40 Booklet Form 40 Income Tax Instruction Booklet
Form 40-V Individual Income Tax Payment Voucher

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 Schedule OC from the Department of Revenue in January 2020.

Show Sources >

Schedule OC is an Alabama Individual Income Tax form. States often have dozens of even hundreds of various tax credits, which, unlike deductions, provide a dollar-for-dollar reduction of tax liability. Some common tax credits apply to many taxpayers, while others only apply to extremely specific situations. In most cases, you will have to provide evidence to show that you are eligible for the tax credit, and calculate the amount of the credit to which you are entitled.

About the Individual Income Tax

The IRS and most states collect a personal income tax, which is paid throughout the year via tax withholding or estimated income tax payments.

Most taxpayers are required to file a yearly income tax return in April to both the Internal Revenue Service and their state's revenue department, which will result in either a tax refund of excess withheld income or a tax payment if the withholding does not cover the taxpayer's entire liability. Every taxpayer's situation is different - please consult a CPA or licensed tax preparer to ensure that you are filing the correct tax forms!

Historical Past-Year Versions of Alabama Schedule OC

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



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