Schedule B-1: Alabama Net Operating Loss Carryforward Acquisitions for Form 20C (Revision)
Alabama · Alabama DOR · Used for tax years 2025
Alabama Schedule B-1 reports acquired net operating loss carryforwards, including each acquired company's name, FEIN, loss year end, and loss balance acquired. The schedule must be attached to Form 20C or ET-1.
Who files this form
Schedule B-1 is used to report Alabama net operating loss (NOL) carryforward acquisitions. The form states that it must be attached to Form 20C or ET-1.
What you'll need
Have the following information ready to complete Schedule B-1:
- Your taxpayer name and federal employer identification number (FEIN).
- The beginning and ending dates of your tax year.
- Each acquired company's name and FEIN.
- The loss year-end date for each entry, in MM/DD/YYYY format.
- The balance of the net operating loss (NOL) acquired.
How to file
Attach Schedule B-1 to Form 20C or ET-1. The schedule directs you to the Form 20C or ET-1 instructions for details.
Common mistakes
- Forgetting to attach the schedule. Schedule B-1 expressly states that it must be attached to Form 20C or ET-1.
Questions people ask
What does Schedule B-1 report?
It reports Alabama net operating loss carryforward acquisitions.
What information is requested for an acquired company?
The schedule asks for the company's name and FEIN, the loss year-end date, and the balance of NOL acquired.
How should I enter the loss year-end date?
Use MM/DD/YYYY format, as printed on the schedule.
Where can I find more details?
The schedule directs you to the Form 20C or ET-1 instructions.