My husband is currently working in Alabama, on our tax return it is asking whom he paid LEDO to and the amount. What exactly does this mean?

Forum|Forum|1 year ago
March 10, 2025
1 reply
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We live in GA so part of his taxes are GA and the other half are AL taxes.

TurboTax Deluxe Online

TomK2023

Did your husband contribute to a local economic development organization (the “LEDO”)?

"The Tax Incentive is an incentive to provide a source of funds for site preparation and public infrastructure needs of existing industrial sites. Approved projects are funded when Taxpayers make contributions to a local economic development organization (the “LEDO”). Taxpayers receive an income tax credit (the Tax Incentive) equal to their contributions."

Alabama Department of Revenue: Growing Alabama Credit

Alabama Department of Commerce: The Growing Alabama Credit

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