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Alabama Form 1040 (Schedule D): What You Should Know
Loss (Form 41) for fiscal year 2025 on 01-Sep-2018. 2022 Instructions for Schedule D — IRS Use Schedule E (Form 42) to report the income, gains, losses and deduction from an S Corporation (with a capital stock not exceeding 1,000,000,000) or from a C corporation (with a capital stock not exceeding 100,000,000): For S Corporation (with a capital stock not exceeding 1,000,000,000), enter on line 13 (Form 42) the amount of its qualified corporation taxable income minus any exempt-source capital losses from transactions occurring at any time during its existence; For C corporation (with a capital stock not exceeding 100,000,000), enter on line 13 (Form 42) the amount of its qualified business taxable income minus any exempt-source capital gain distributions.
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