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Section 40-18-35.3 Deductions from Federal Taxable for Amounts Included in Income Under 26 U.s.c. § 118(B)(2)

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Alabama Code › Title 40 › Chapter 18 › Section 40-18-35.3

This text was captured on Aug 14, 2026. It is a snapshot, not a live feed, so check the official code before relying on it.

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The amount of any contribution by the State of Alabama or any political subdivision thereof computed in accordance with 26 U.S.C. § 118(b)(2), to the extent that the amount is included in the corporation’s federal taxable income pursuant to 26 U.S.C. § 118(b)(2) shall be deducted from federal taxable income for purposes of computing taxable income under this chapter.

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Section 40-18-35.3 Deductions from Federal Taxable for Amounts Included in Income Under 26 U.s.c. § 118(B)(2) · Ala. Code § 40-18-35.3 | Frix