20CC: Alabama Consolidated Corporate Income Tax Return (2024)
Alabama · Alabama DOR · Used for tax years 2024
Form 20C-C is Alabama’s 2024 Consolidated Corporate Income Tax Return. It reports the group’s Alabama consolidated taxable income, net operating losses, income tax, filing fee, credits, payments, and amount due or refund, and identifies the corporations included in the return.
Who files this form
Form 20C-C is for an Alabama consolidated corporate income tax return. The form marks filing status 5, “Alabama Consolidated Return.”
The supplied form does not explain which corporations must or may file a consolidated return. It refers filers to instructions for filing-status guidance.
What you'll need
- A copy of the federal return. The form warns that the Alabama return will be considered incomplete without it.
- Proforma Forms 20C. The consolidated return uses amounts from these forms for taxable income, LIFO reserve tax deferral, credits, and composite payments or electing pass-through entity credits.
- Net operating loss records for Schedule B. These include each loss year’s ending date, the Alabama loss amount, amounts used in earlier years and this year, and the remaining unused loss.
- Corporation details for Schedule AS. List every corporation included in the Alabama consolidated return, its federal employer identification number, filing period, Alabama taxable income, and whether it is new to the federal consolidated group.
- Payment and group information. Have the amounts for prior-year carryovers, estimated payments, extension payments, and payments prior to adjustment, along with the group’s total combined assets and the taxable-year beginning date for the most recent Form 20C-CRE filed.
How to file
Complete the return and its schedules, attach a copy of the federal return, and sign and date the signature area. The form also asks for the signer’s title and daytime telephone number.
Mail consolidated returns and payments to:
Alabama Department of Revenue
Income Tax Administration Division
Corporate Tax Section
PO Box 327437
Montgomery, AL 36132-7437
Mail federal audit change returns and payments to:
Alabama Department of Revenue
Income Tax Administration Division
Corporate Tax Section
PO Box 327451
Montgomery, AL 36132-7451
Common mistakes
- Leaving out the federal return. The printed warning says this return will be considered incomplete unless a copy of the federal return is attached. It also refers filers to Form 20C-Proforma, page 4, Other Information, number 5.
Questions people ask
What income tax rate is shown on the form?
Line 2a calculates income tax at 6.5% of Alabama consolidated taxable income on line 1b. Line 2b separately lists a consolidated filing fee, and line 2c adds the tax and fee.
Where do I report the consolidated net operating loss?
Use Schedule B to calculate the Alabama consolidated net operating loss carryforward. Enter the consolidated loss on line 1a of page 1, then subtract it from line 1 to calculate line 1b.
Which corporations belong on the affiliations schedule?
Schedule AS asks for all corporations included in the Alabama consolidated income tax return, along with their identification numbers, filing periods, Alabama taxable income, and whether they are new to the federal consolidated group.
Can I authorize the department to discuss the return with my preparer?
Yes. The form has a checkbox authorizing a Department of Revenue representative to discuss your return and attachments with your preparer.