Current through Register Vol. 42, No. 11, August 30, 2024
(1) SCOPE - This
rule defines the information required for the Fiduciary Income Tax declaration
for electronic filing through the Alabama Business Modernized E-File
Program.
(2) The Fiduciary Income
Tax Declaration for Electronic Filing requires the following information and
authorizations:
(a) The estate or trust
name.
(b) The estate or trust
Employer Identification Number.
(c)
The name and title of fiduciary.
(d) Fiduciary phone number.
(e) The fiduciary address.
(f) The Alabama taxable income reported by
the electronic return.
(g) The
total tax liability reported by the electronic return.
(h) The total credits reported by the
electronic return.
(i) The total
reductions reported by the electronic return.
(j) The refund amount reported by the
electronic return.
(k) The amount
due reported by the electronic return.
(l) The amount of payment remitted
electronically.
(m) If applicable,
authorization for the Department and its designated financial agent to initiate
an electronic funds withdrawal (direct debit) entry to the financial
institution account indicated in the tax preparation software for payment of
the estate/trust's Alabama taxes owed on this return, and the financial
institution to debit the entry to this account.
(n) Authorization for the Department to
discuss the return and attachments with the preparer.
(o) Consent to the disclosure of all
information pertaining to the user of the computer system and software used to
create the business return and to the electronic transmission of the business
tax return to the Department.
(p)
The signature of a fiduciary/officer of the estate or trust, their title and
date of the signature. The Department will accept a signature made on a
signature pad (defined in
810-3-29-.03)
(q) The signature of the electronic return
originator and date of the signature.
(r) An indication whether the electronic
return originator is self-employed.
(s) The firm name of the electronic return
originator.
(t) The address,
including the zip code, of the electronic return originator.
(u) The federal employer identification
number of the electronic return originator.
(v) If the paid preparer is different from
the electronic return originator, the following information is required:
1. The signature of the paid preparer and
date of the signature.
2. An
indication whether the paid preparer is self-employed.
3. The firm name of the paid
preparer.
4. The address, including
the zip code, of the paid preparer.
(3) The signatures of the officer/partner,
the electronic return originator, and the paid preparer (if the paid preparer
is different from the electronic return originator) must be affixed to the
Alabama Form AL8453-FDT - Fiduciary Income Tax Declaration for
Electronic Filing before the return is electronically transmitted.
(a) Members of the firm or designated
employees may sign for the electronic return originator.
(b) If the taxpayer is unable to obtain the
paid preparer's signature on the Alabama Form AL8453-FDT, in lieu of the paid
preparer's signature the electronic return originator may attach to the Alabama
Form AL8453-FDT a copy of the appropriate pages of the paper return with the
paid preparer's signature.
(c)
Electronic return originators and electronic return preparers are prohibited
from allowing taxpayers to sign a blank Alabama Form AL8453-FDT.
(4) The completed and signed
Alabama Form AL8453-FDT will serve as the filing declaration for the electronic
Fiduciary Income Tax Return.
(5)
The completed and signed Alabama Form AL8453-FDT must be retained by the
electronic return originator for a period of three years from the due date of
the return or three years from the date the return was filed, whichever is
later. The electronic return originator will provide the Department with the
original Alabama Form AL8453-FDT within five business days of receiving a
written request for the documents from the Department.
