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U.S. State Codes
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Alabama
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Title 40 - Revenue and Taxa...
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Chapter 18 - Income Taxes.
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Article 1 - General Provisions.
Article 1 - General Provisions.
Section 40-18-1 - Definitions.
Section 40-18-1.1 - Operating rules.
Section 40-18-2 - Levied; persons and subjects taxable generally.
Section 40-18-2.1 - Income of foreign missionary exempt.
Section 40-18-3 - Income of officers or agents of the United States, etc.
Section 40-18-4 - Interest or other income received from obligations of the United States or its possessions, agencies or instrumentalities.
Section 40-18-5 - Tax on individuals.
Section 40-18-6 - Gain or loss - Basis of property; adjusted basis.
Section 40-18-7 - Gain or loss - Determination of amount.
Section 40-18-8 - Gain or loss - Recognition.
Section 40-18-9 - Gain or loss - Optional method for returning as income increases in redemption value of securities purchased at a discount.
Section 40-18-11 - Inventory.
Section 40-18-12 - Net income of individuals - Defined.
Section 40-18-13 - Computation of income.
Section 40-18-14 - Adjusted gross income of individuals.
Section 40-18-14.1 - Deferred compensation plans.
Section 40-18-14.2 - Adjusted gross income.
Section 40-18-14.3 - Gross income - Discount and interest.
Section 40-18-15 - Deductions for individuals generally.
Section 40-18-15.1 - Net income taxable income defined - Generally.
Section 40-18-15.2 - Net operating loss.
Section 40-18-15.3 - Deductions for health insurance premiums.
Section 40-18-15.4 - Deductions for certain retrofitting or upgrades to homes - Residence in Alabama Insurance Underwriting Association zone.
Section 40-18-15.5 - Deductions for certain retrofitting or upgrades to homes - Residence in Alabama.
Section 40-18-15.6 - Deductions for contributions made to health savings accounts.
Section 40-18-15.7 - (Effective for tax years beginning after December 31, 2017) Optional increased standard deduction for qualified persons.
Section 40-18-16 - Depreciation.
Section 40-18-17 - Items not deductible.
Section 40-18-18 - Amortization of war or emergency facilities.
Section 40-18-19 - Exemptions - Generally.
Section 40-18-19.1 - Exemptions for severance, unemployment compensation, etc.
Section 40-18-19.2 - Exemption of certain death benefit payments for peace officer or fireman killed in line of duty.
Section 40-18-20 - Exemptions - Military retirement benefits.
Section 40-18-21 - Credits for taxes paid on income from sources outside the state and for job development fees.
Section 40-18-21.1 - Annual report of credits claimed for taxes paid to foreign countries.
Section 40-18-22 - Taxpayers engaged in multistate business - Allocation and apportionment of deductions and exemptions.
Section 40-18-23 - Taxpayers engaged in multistate business - Option of certain taxpayers to report and pay tax on basis of percentage of volume.
Section 40-18-24 - Taxation of subchapter K entity.
Section 40-18-24.1 - Composite return and payment by nonresident owner of subchapter K entity.
Section 40-18-24.2 - Taxation of pass-through entities.
Section 40-18-24.3 - Taxation on distributive share of interest, dividends, etc., of nonresident member of qualified investment partnership.
Section 40-18-25 - Estates and trusts.
Section 40-18-25.1 - Estates and trusts - Exemptions.
Section 40-18-25.2 - Estates and trusts - Deductions from gross income of net operating loss.
Section 40-18-26 - Information from source of income.
Section 40-18-27 - Individual taxpayer's returns; liability of innocent spouse.
Section 40-18-28 - Returns of subchapter K entities and single member limited liability companies.
Section 40-18-29 - Fiduciary returns.
Section 40-18-30 - Return when accounting period changes.
Section 40-18-31 - Corporate income tax - Generally.
Section 40-18-31.1 - Election for foreign corporations to classify dividend income from certain subsidiaries as business or nonbusiness income.
Section 40-18-31.2 - Factor presence nexus standard for business activity.
Section 40-18-32 - Corporate income tax - Exemptions.
Section 40-18-33 - Corporate income tax - Taxable income.
Section 40-18-34 - Additions required by corporations.
Section 40-18-35 - Deductions allowed to corporations.
Section 40-18-35.1 - Carry forward of net operating losses.
Section 40-18-36 - Distributions by corporations.
Section 40-18-37 - Items not deductible by corporations.
Section 40-18-38 - Additional deductions allowed for corporations; credits.
Section 40-18-39 - Corporate returns.
Section 40-18-40 - Tax to be reported on forms; department may assess additional tax penalty or interest.
Section 40-18-41 - Amortization of ad valorem tax.
Section 40-18-42 - Time and methods of payment of tax.
Section 40-18-44 - Installment method.
Section 40-18-50 - Penalty for failure to make return within time specified.
Section 40-18-51 - Applicability of lien provisions; disposition of collections; collection prior to delinquency.
Section 40-18-53 - Inspection of returns by federal or foreign state agents.
Section 40-18-54 - Supervision of assessment and collection.
Section 40-18-55 - Statement to be furnished by taxpayer.
Section 40-18-56 - Furnishing sworn statement of annual return of income to department; penalties for failure to comply; limitations on inspection of taxpayer's records.
Section 40-18-57 - Rules to be promulgated by Department of Revenue.
Section 40-18-58 - Appropriation.
Section 40-18-59 - Additional appropriations.