{"data":{"id":"us-al/ala.-code-38-14-7","jurisdiction":"us-al","citation":"Ala. Code § 38-14-7","heading":"Exclusion from Gross Income.","body":"Money deposited into individual development accounts shall not be included in gross income for income tax purposes. Any amount withdrawn from a parallel account, matching funds, may not be includable in an eligible individual’s gross income. Money withdrawn from an individual development account shall only be included in gross income if used for a purpose other than a qualified purpose.","path":["Title 38 Public Welfare.","Chapter 14 Individual Development Account Program."],"source_url":"https://alison.legislature.state.al.us/code-of-alabama?section=38-14-7","current_through":"Act 2026-611","vintage":"","retrieved_at":"2026-09-03T14:01:53Z","sha256":"3b5bb64fa9f6a9515e30cac782d4db81a8268b142105b3f9359dea91dad676e4","source_id":"us-al","stale":false,"prev":"us-al/ala.-code-38-14-6","next":"us-al/ala.-code-38-14-8"},"notice":"GroundRules: Original legal text. Not legal advice."}