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Alabama Income Tax Credit for Unemployed Veterans Who Start a Business

Alabama Department of Revenue
$2,000 Alabama income tax credit

If you are a recently discharged, unemployed Alabama veteran and you start your own business, you can claim an additional $2,000 Alabama income tax credit.

Check eligibility

How to apply

Claim the credit on your Alabama income tax return for the year you start the business.

What you'll need

Your DD214 showing a recent discharge, proof you were unemployed, and business-formation records showing you started the business.

Eligibility

  • You are a recently discharged unemployed Alabama veteran
  • You started your own business

Source

Official source