Day

June 7, 2023
Alabama passes a one-time, refundable income tax credit for qualified individual taxpayers. Effective June 1, 2023, Act 377 of 2023 (S86) provides qualified Alabama individual taxpayers with a one-time, refundable income tax credit. The credit amount is determined based on the taxpayer’s filing status for the 2021 tax year. Here are the specific amounts: Single,...
Continue Reading