40: 2024 Alabama Individual Income Tax Return – Residents & Part-Year Residents (2024)
Alabama · Alabama DOR · Used for tax years 2024
Alabama Form 40 is the 2024 individual income tax return for residents and part-year residents. It reports income, adjustments, deductions, tax, and payments to calculate the amount you owe or your refund.
Who files this form
Alabama Form 40 for tax year 2024 is for residents and part-year residents. In Part IV, select full-year or part-year residency. Part-year residents must enter their residency dates.
The supplied form does not state income thresholds or other rules for deciding whether you must file.
What you'll need
Have your Social Security number, address, employer information, and 2024 federal return available. The form asks for your federal adjusted gross income and federal taxable income. It also asks for spouse information when applicable.
Depending on what you report, the form calls for these documents and schedules:
- Wages and withholding: Staple Forms W-2, W-2G, and/or 1099 in the marked area and attach Schedule W-2.
- Federal tax deduction on line 12: Attach pages 1 and 2 and Schedule 1 of your federal return, if applicable.
- Interest and dividends over $1,500: Complete and attach Schedule B.
- Itemized deductions: Attach Schedule A. Additional attachments may include Form 4952A for investment interest, Form 4684 for casualty and theft losses, Federal Form 8283 for noncash charitable contributions over $500, and Federal Form 2106 if required.
- Other income: The form calls for Federal Schedule C or C-EZ for business income, Schedule D for gains or losses from sales, Schedule RS for retirement income, Schedule E for rents and similar income, and Federal Schedule F for farm income.
- Dependents or Head of Family status: Use Schedule DS for dependents and complete Schedule HOF for Head of Family status.
- Home buyer savings account deduction or interest exclusion: Submit Schedule HBC and account statements showing all transactions. For a home purchase withdrawal, attach the closing statement. For a transfer to another qualifying account, provide statements for both accounts.
How to file
- Complete Part IV, General Information. The form requires this section for all taxpayers.
- Sign the return on page 2 in black ink. Both spouses must sign a joint return.
- Attach the schedules and documents required for the amounts you report.
- If mailing a payment, place the payment and Form 40V loose in the mailing envelope. Form 40V must accompany the payment.
- Keep a copy of the return for your records.
The supplied text does not provide a mailing address or instructions for electronically filing Form 40.
Common mistakes
- Leaving line 11 unchecked: You must select box a for itemized deductions or box b for the standard deduction.
- Using W-2 federal withholding on line 12: The form specifically says not to enter federal tax withheld from your W-2 forms as the federal tax deduction.
- Forgetting signatures: Sign on page 2. Both spouses must sign a joint return.
- Including reimbursed expenses on Schedule A: Do not include expenses reimbursed or paid by others. Personal interest is not deductible.
- Claiming deductions from outside your Alabama residency period: Part-year residents should list on Schedule A only deductions actually paid while Alabama residents.
- Listing yourself or your spouse as a dependent: Schedule DS says not to include either. Married-filing-separate taxpayers may claim only dependents for whom they separately provided over 50% of total support.
- Omitting Schedule HBC: The form warns that failure to include it when claiming the home buyer savings account deduction or interest exclusion will result in automatic denial.
Questions people ask
How do I request direct deposit of my refund?
Check the direct deposit box on page 1 and complete Part V on page 2. Enter your routing number, account type, and account number. Answer whether the refund will go to or through an account outside the United States. The form refers to the instructions for eligibility, but those instructions were not supplied.
When do I need Schedule B?
If you received more than $1,500 in interest and dividend income, you must complete Schedule B and attach it to Form 40.
Can I apply an overpayment to next year's estimated tax?
Yes. Line 33 lets you enter the amount of your overpayment to apply to your 2025 estimated tax.
Can I donate part of my overpayment?
Yes. Schedule DC allows you to donate all or part of your overpayment to the listed funds and programs. Enter the total donations on Form 40, line 34.