Alabama Administrative Code
Title 810 - ALABAMA DEPARTMENT OF REVENUE
Chapter 810-3-26 - INFORMATION FROM SOURCE OF INCOME
Section 810-3-26-.02 - Voluntary Withholding Of Alabama Income Tax From Nonwage Payments
Current through Register Vol. 42, No. 11, August 30, 2024
(1) Alabama income tax is not required to be withheld from distributions from a retirement or pension plan, interest payments or other nonwage payments. However, voluntary withholding of Alabama income tax is permissible. If a payer of nonwage payments voluntarily withholds Alabama income tax, the following procedures must be followed:
(2) See Rule 810-3-26-.01 for form requirements.
(3) On or before the last day of January of the year following a nonwage payment from which Alabama income tax was withheld, the payer shall file with the Department a copy of the statement described in the above paragraph (1)(b). Such statement must be accompanied by Form A-3, Annual Reconciliation of Alabama Income Tax Withheld. This statement must be filed in the same manner as described in § 40-18-75.
Authors: Neal Hearn
Statutory Authority: Code of Ala. 1975, §§ 40-2A-7(a)(5), 40-18-26, 40-18-75.