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The Alabama Department of Revenue made a few changes for the 2020 tax year.
The tax calculation if you have credits is now consolidated onto Schedule OC. Also, some credit schedules are now calculated directly on the Schedule OC instead of on separate schedules. A new section on this form also will calculate any carryforward credits.
A new adjustment is available for insurance premiums paid for cancer insurance coverage of a certified Alabama firefighter if they were not already deducted on the federal return.
Due to the IRS adjusting the federal filing deadline, the Alabama Department of Revenue has adjusted their April 15, 2021 tax deadline to May 17, 2021. This new deadline applies to both taxes owed and tax returns (not estimated payments for 2021).
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