Instructions for Form ET-1C Consolidated Financial Institution Excise Tax Return - Alabama

This document contains official instructions for Form ET-1C , Consolidated Financial Institution Excise Tax Return - a form released and collected by the Alabama Department of Revenue.

FAQ

Q: What is Form ET-1C?A: Form ET-1C is the Consolidated Financial Institution Excise Tax Return.

Q: Who needs to file Form ET-1C?A: Financial institutions in Alabama that meet certain criteria need to file Form ET-1C.

Q: What information is required on Form ET-1C?A: Form ET-1C requires financial institutions to provide information such as income, deductions, and tax liability.

Q: When is the deadline for filing Form ET-1C?A: The deadline for filing Form ET-1C is the 15th day of the 4th month following the end of the taxable year.

Q: Are there any penalties for late filing of Form ET-1C?A: Yes, there are penalties for late filing of Form ET-1C, including interest charges on the unpaid tax amount.

Q: Can I e-file Form ET-1C?A: Yes, financial institutions have the option to e-file Form ET-1C.

Q: Are there any additional forms or attachments required with Form ET-1C?A: Yes, financial institutions may be required to submit additional schedules and attachments with Form ET-1C.

Q: What should I do if I have questions or need assistance with Form ET-1C?A: You can contact the Alabama Department of Revenue for assistance with Form ET-1C.