Schedule CP: Composite Payments (2025)
Alabama · Alabama DOR · Used for tax years 2025
Alabama Schedule CP reports composite payments and Electing PTE credits claimed on Form 40 or Form 40NR for 2025. It lists payments made on your behalf by S corporations, partnerships, estates or trusts and totals the amount to enter on your tax return.
Who files this form
Complete Schedule CP if you are claiming composite payments or Electing PTE credits on Alabama Form 40 or Form 40NR for tax year 2025.
What you'll need
Have your Schedule K-1 and the following information ready to complete Schedule CP:
- Your name as shown on your tax return and your Social Security number.
- The taxpayer’s Social Security number shown on Schedule K-1.
- Whether the taxpayer is a disregarded entity, and that entity’s name and FEIN, if applicable.
- The name and FEIN of the S corporation, partnership, estate, or trust that made the payment on your behalf.
- The amount paid on your behalf by each entity.
Questions people ask
What is Schedule CP used for?
It reports composite payments and Electing PTE credits claimed with Alabama Form 40 or Form 40NR.
What amount goes in Column G?
Enter the amount of payment made on your behalf by the S corporation, partnership, estate, or trust.
Where do I report the total?
Add the amounts in Column G and enter the total in Section B, line 1. Also enter it on Form 40, page 1, line 26, or Form 40NR, page 1, line 23.
What information does the form ask for if the taxpayer is a disregarded entity?
Column B has a checkbox to identify the taxpayer as a disregarded entity. Columns C and D ask for the disregarded entity’s name and FEIN.