A
D
R
LABAMA
EPARTMENT OF
EVENUE
Partnership/Limited Liability
CY
1998
65
FY
Company Return of Income
FORM
SY
ALSO TO BE FILED BY SYNDICATES, POOLS, JOINT VENTURES, ETC.
For Calendar Year 1998 or Fiscal Year
DEPARTMENT USE ONLY
beginning __________________________________, 1998, and ending _______________________________, 19______
FN
FEDERAL BUSINESS CODE NUMBER
FEDERAL EMPLOYER IDENTIFICATION NUMBER
Important
Name of Company
AUDITED BY
Check Applicable Box:
Number and Street
Initial Return
K-1’s
Final Return
City or Town
State
ZIP Code
Amended Return
REVIEWED BY
Does This Company Operate
If above address is different from the one
Composite Return
shown on your 1997 return, check here . . .
in More Than One State? . . . . . . . . . . . . . . . . . . Yes
No
CN
Does This Company Qualify For The Alabama Enterprise Zone Credit or Capital
Number of Members as of
End of Year
Credit? (If yes, attach required certification and forms.) . . . . . . . . . . . . . . Yes
No
State in Which Company Was Formed
Nature of Business
Date Qualified in Alabama
Number of Non-Resident Members Included
in Composite Filing
UNLESS A COPY OF FEDERAL FORM 1065 IS ATTACHED THIS RETURN IS INCOMPLETE
SCHEDULE A
COMPUTATION OF INCOME, DEDUCTIONS, AND EXPENSES
1
Ordinary income (loss) from trade or business activities (Federal Form 1065, line 22). . . . . . . . . . . . . . . . . . . . . . . . . .
1
2
Interest income exempt from Alabama taxation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
2
[
]
3
Interest taxable to the State of Alabama that is not included on Federal Form 1065. . . . . . . . . . . . . . . . . . . . . . . . . . . .
3
4
Dividends taxable to State of Alabama that are not included on Federal Form 1065 . . . . . . . . . . . . . . . . . . . . . . . . . . .
4
5
[
]
5
Depreciation on I.R.C. § 179 property placed in service prior to 1990 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
6
Job credit adjustment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
6
[
]
INCOME
7
Net income (loss) from rental activities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
7
AND
8
Net gain (loss) under I.R.C. § 1231
(other than casualty losses) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8
ADJUSTMENTS
9
Net short-term / long-term capital gains (loss) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9
10
10
Net portfolio income (net of investment interest expense) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
11
Other income (list below or attach schedule)
11
12
Total adjusted income (add lines 1 through 11)
(If this partnership operates in more than one state, carry the amount from line 12 to Schedule D, line 1). . . . . . . . .
12
13
13
Charitable contributions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
DEDUCTIONS
14
Section 179 expense deduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
14
15
Other deductions (attach schedule) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
15
16
Interest expense on investment debts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
16
INVESTMENT
17
Investment income NOT included in lines 9 and 10 above. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
17
INTEREST
18
18
Investment expenses included in lines 9 and 10 above . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
19
Total amount of Capital Credit Claimed in 1998.
CAPITAL CREDIT
(SEE INSTRUCTIONS) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
19
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.
Please
Sign
(
)
Here
Signature of general partner
Date
Daytime Tel. No.
Social Security No.
Preparer’s Social Security No.
Date
Preparer’s
Check if
Paid
Signature
self-employed
Preparer’s
Firm’s name (or yours,
E.I. No.
Use Only
if self-employed)
ZIP Code
and address
Mail to:
Alabama Department of Revenue, Individual and Corporate Tax Division, P.O. Box 327441, Montgomery, AL 36132-7441 on or before April 15, 1999.
(Fiscal Year Returns must be filed on or before the 15th day of the fourth month following the close of the fiscal year.)