INSTRUCTIONS: NEBRASKA CORPORATION INCOME TAX RETURN (Form 1120N)

Corporations who owe state income tax on business conducted in the state of Nebraska should document it using a form 1120N. This form can be found on the website of the Nebraska Department of Revenue.

Nebraska Corporation Income Tax Return 1120N Step 1: Enter your business trade and legal names, your street address, city, state and zip code.

Nebraska Corporation Income Tax Return 1120N Step 2: Enter your business classification code, the date you began business activities in Nebraska, your principal business activity there, and your federal and state ID numbers.

Nebraska Corporation Income Tax Return 1120N Step 3: Check the box next to the type of return you are filing.

Nebraska Corporation Income Tax Return 1120N Step 4: Answer questions A through D in the section labeled "Corporation Filing Status."

Nebraska Corporation Income Tax Return 1120N Step 5: Calculate your adjusted federal taxable income on lines 1 through 7 as instructed. If filing as a multi-state corporation, you will need to first complete Schedule A on the next page to determine your apportionment formula.

Nebraska Corporation Income Tax Return 1120N Step 6: Calculate your net Nebraska taxable income as instructed on lines 8 through 12.

Nebraska Corporation Income Tax Return 1120N Step 7: Calculate your tax before and after the application of nonrefundable credits as instructed on lines 13 through 18.

Nebraska Corporation Income Tax Return 1120N Step 8: Document credits and refundable credits being claimed on lines 19 through 22.

Nebraska Corporation Income Tax Return 1120N Step 9: Lines 23 through 28 provide the final calculations necessary to determine your balance due or the size of the refund you may claim.

Nebraska Corporation Income Tax Return 1120N Step 10: If you are expecting to receive a refund and wish to receive it as a direct deposit, enter all information requested on lines 28a through 28d, including your routing and account number, and whether this is a checking or savings accounts.

Nebraska Corporation Income Tax Return 1120N Step 11: An officer of the firm should sign and date the bottom of the return, as well as entering their title, email address and daytime telephone number.

Nebraska Corporation Income Tax Return 1120N Step 12: Any paid preparer should provide their name, that of their firm, and all requested identifying information.