Alaska Sales Tax Information

Instructions For Form 6100 and Form 6150 (Filed Under 15 AAC 20.421(c))
2022 Alaska Oil and Gas Corporation Net Income Tax Return

Note: This document is an instructions packet for Alaska corporate income tax forms, including Form 6100 and Form 6150. It contains reference tables, filing guidance, and appendices for worksheets.

Tax Rate Table (tax years beginning on or after 8/26/13)

Use the following rate table for computing Alaska tax on ordinary income.

What’s New

Charitable Contributions Deduction: The limit on the deduction for qualified charitable contributions made in 2022 is 10% of taxable income.

Electronic Filing Requirement

Effective July 1, 2016, a taxpayer is required to electronically file any return or report, unless a waiver is granted by the Department of Revenue (DOR). Failure to file electronically may result in a penalty.

If You Need Help

Juneau: 907-465-2320

Anchorage: 907-269-6620

Website: www.tax.alaska.gov

Avoid Common Mistakes

Be sure to file the correct form, attach required federal returns and schedules, and use the correct taxpayer name.

Who Must File

Every corporation engaged in either oil and gas production or transportation of oil or gas via regulated pipeline in Alaska must file an Alaska Oil and Gas Corporation Net Income Tax Return.

Return Information

Check all boxes that apply

Final Alaska return

Consolidated Alaska return

Amended return

Filing extension

Public Law 86-272 applies (P.L. 86-272)

Exempt organization with UBTI

S Corporation

Personal Holding Company

Amended return to report IRS audit or Form 1120X

Protective claim

Schedule A – Net Income Tax Summary

Schedule B – Alaska Taxpayer Information

Schedule C – Tax Payment Record

Schedule D – Alaska Tax Computation

Schedule E – Other Taxes

Schedule G – Computation of Alaska Income

Schedule I – Apportionment Factor

Schedule J – Alaska Capital and Section 1231 Gains and Losses

Schedule K – Alaska Charitable Contribution Deduction

Schedule L – Alaska Dividends-Received Deduction (DRD)

Form 6150 Specific Instructions

For Form 6150, the petroleum business and other business segments are reported separately, with separate schedules and apportionment factors.

Appendix A – Worksheet for Charitable Contribution Deduction

Use the worksheet below to calculate the taxable income limitation for charitable contributions.

Appendix B – Worksheet for Dividends-Received Deduction (DRD)

Use the worksheet below to calculate the allowable dividends-received deduction.

Form 6150 Appendices

Appendix A and Appendix B are also provided for Form 6150 with corresponding business segment calculations.