(a) Individuals. Individuals shall pay estimated income tax in accordance with 26 U.S.C. § 6654 except:
(1) The provisions of 26 U.S.C. § 6654(d)(2)(C)(iii) and 26 U.S.C. § 6654(f)(2) shall not apply;
(2) Five hundred dollars ($500) shall be substituted for the amount provided for in 26 U.S.C. § 6654(e)(1).
(b) For the purposes of this section:
(1) Section 40-18-2 shall be substituted when 26 U.S.C. § 6654 refers to Chapter 1 and Chapter 2;
(2) Section 40-18-71 shall be substituted when 26 U.S.C. § 6654 refers to Section 31;
(3) Sections 40-18-21(a), 40-18-132, 40-18-136, 40-18-194, 40-18-220, 40-18-243, and 41-23-24 shall be substituted when 26 U.S.C. § 6654 refers to part IV of subchapter A of Chapter 1;
(4) Commissioner shall be substituted when 26 U.S.C. § 6654 refers to Secretary;
(5) The terms alternative minimum taxable income and adjusted self-employment income referred to in 26 U.S.C. § 6654(d)(2)(C)(i) shall be ignored for Alabama purposes.
Structure Code of Alabama
Title 40 - Revenue and Taxation.
Article 2 - Withholding Tax; Optional Short Form Tax; Declaration of Estimated Tax.
Division 1 - General Provisions.
Section 40-18-70 - Definitions.
Section 40-18-71 - Withholding Tax.
Section 40-18-72 - Included and Excluded Wages.
Section 40-18-73 - Withholding Certificates.
Section 40-18-73.1 - Provisional Employers.
Section 40-18-74 - Payment of Amounts Withheld.
Section 40-18-75 - Statement to Be Furnished Employee.
Section 40-18-76 - Liability for Tax Withheld.
Section 40-18-77 - Refund to Employer.
Section 40-18-78 - Credit for Tax Withheld.
Section 40-18-79 - Overpayment of Tax.
Section 40-18-81 - Optional Short Form Tax.