Screen ALTPWS - Alabama Tax Projection (1120)

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Use this screen to enter information you expect to be different for the next tax year. The application uses this data to calculate the Alabama Tax Projection Worksheet. This worksheet is based on current law and next year’s tax law differences (when known). Enter only the items you expect to be different for the coming year. If you don't  expect a difference, leave the field blank to allow the current-year amount to automatically transfer to the next-year column of the Alabama Tax Projection Worksheet. However, fields that are marked with an asterisk (*) in the ALTPWS screen won't automatically transfer the current-year amount.

Taxes and Payments

2025
overpayment credited to
2026
(Force)
Enter the total amount of estimated tax payments that are projected for next year and the amount of current year overpayment. If this field is blank, the application defaults to the sum of any payments reported on Form(s) PTE-V - Pass Through Entity Payment Voucher, plus any additional amounts paid that are reported under the
Next year estimates already paid
fields of the ALEst screen plus the amount credited to next year’s estimated tax from the current year return.

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