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This designation is determined at the time the Form INT is filed for the project. A project that qualifies in a FGA will continue to be a qualified FGA project even if the county later loses its designation as a FGA as long as the project otherwise remains in compliance with the law. Line 2 Briefly describe the type of trade or business that the project is engaged in. For projects that do not require a NAICS code provide a detailed description that will identify the activities as qualifying ac ...

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What is the penalty for business privilege tax in Alabama?

The penalty for failure to timely pay the amount of tax shown due on an Alabama business privilege tax return equals to 1% of the amount of tax shown due on the return for each month the tax is unpaid not to exceed 25% of the amount shown due on the return.

What is the state of Alabama tax number?

Welcome to the My Alabama Taxes help page! If you have further questions, please call us at 1-800-322-4106.

What is the difference between state withholding and federal withholding?

Federal income tax. This is income tax your employer withholds from your pay and sends to the IRS on your behalf. The amount largely depends on what you put on your W-4. State tax: This is state income tax withheld from your pay and sent to the state by your employer on your behalf.

What is the LLC tax in Alabama?

All LLCs in Alabama need to pay an annual business privilege tax. The Alabama Business Privilege Tax rate ranges from $0.25 to $1.75 per $1,000 of net worth, with the minimum tax being $100.

How much tax is taken out of my paycheck in Alabama?

Overview of Alabama Taxes Gross Paycheck$3,146Federal Income16.20%$510State Income3.90%$123Local Income0.00%$0FICA and State Insurance Taxes7.65%$24123 more rows

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Should I claim 1 or 0 if single?

Claiming 1 on Your Taxes It just depends on your situation. If you are single, have one job, and have no dependents, claiming 1 may be a good option. If you are single, have no dependents, and have 2 jobs, you could claim both positions on one W-4 and 0 on the other.

What does withholding status state mean?

State withholding is the amount withheld from wages for taxes owed to the taxpayers state of residence. In some cases, the taxpayer may owe taxes to multiple states. For instance, if a remote worker splits their time between two residences in different states, they may owe taxes to each state.

What is the state withholding in Alabama?

Persons claiming single or zero exemption: 2 percent on first $500 of taxable wages, 4 percent on next $2,500, and 5 percent on all over $3,000. Persons claiming married exemption: 2 percent on first $1,000 of taxable wages, 4 percent on next $5,000, and 5 percent on all over $6,000.

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