Business Privilege Tax Returns
Form PPT, Alabama Business Privilege Tax Return, and Form BPT-IN, Alabama Business Privilege Tax Initial Privilege Tax Return is only applicable to limited liability entities such as Limited Partnerships, Limited Liability Companies, and Limited Liability Partnerships.
- To complete Form PPT or BPT-IN, selectFile, thenClient Properties.
- Select the optionBusiness Privilege Return.
Forms PPT and BPT-IN are filed for the upcoming year. Forms in UltraTax CS 2022 are filed for the 2023 tax year. If the business began in 2022, you must use UltraTax CS 2021 to file Form BPT-IN.
note
- The minimum business privilege tax is $100 and the maximum is $15,000.
- Form PPT, Page 2, lines 10-15 for disregarded entities is only applicable to Form 1040, Individual returns.
