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Nebraska Nebraska Return of Partnership Income, with Schedule A - Partnership with other Income and Deductions - Adjustments to Ordinary Business Income
Extracted from PDF file 2023-nebraska-form-1065n.pdf, last modified December 2023Nebraska Return of Partnership Income, with Schedule A - Partnership with other Income and Deductions - Adjustments to Ordinary Business Income
PRINT FORM RESET FORM FORM 1065N Nebraska Return of Partnership Income 2023 for the calendar year January 1, 2023 through December 31, 2023 or other taxable year beginning , 2023 and ending , PLEASE DO NOT WRITE IN THIS SPACE Name Doing Business As (dba) Please Type or Print Legal Name Street or Other Mailing Address City State Principal Business Activity in Nebraska Federal ID Number ZIP Code Business Class. Code (See Instr.) Nebraska ID Number Date Business Began in Nebraska Does the partnership have nonresident individual partners? YES (Complete Schedule II, unless box 5 is checked) NO Type of Organization Partnership Limited Liability Company Publicly Traded Partnership Check if: (1) Initial Return (3) Address Change (4) Name Change (2) Final Return (Example, dissolved. See instr.) Other (describe) _____________________________________ The partnership is electing or previously (5) elected to be subject to income tax under Neb. Rev. Stat. § 77-2727(6). (See instructions and complete Schedule PTET) (6) Form 7004 Attached 1 Ordinary business income (line 23, Federal Form 1065)..................................................................................................... 2 Nebraska adjustments increasing ordinary business income (line 13, Schedule A)........................................................... 3 Nebraska adjustments decreasing ordinary business income (line 24, Schedule A).......................................................... 4 Nebraska adjusted income (line 1 plus line 2 minus line 3)................................................................................................. Form 3800N, 775N, 312N, or (7) 1107N Attached (8) Distributed Form 3800N Credit 1 2 3 4 00 00 00 00 5 Income reported to Nebraska (enter line 4 above or line 3, Schedule I, if applicable) If less than zero, do not complete columns (E), (F), or (G) on Schedule II..................................................................................................... 5 If line 5 shows a loss, do not complete lines 6 through 12, 14 or 15. 6 Electing pass-through entity tax (PTET) for tax year 2023. (If box 5 is checked, enter line 5 multiplied by .0664).............. 6 7 Premium tax credit (see instructions - attach schedule)........................................................ 7 00 8 Employer's credit for expenses incurred for TANF (ADC) recipients (see instr.)................... 8 00 9 Form 3800N nonrefundable credit (attach Form 3800N)...................................................... 9 00 10 NE employer tax credit for employing convicted felons. Enter certificate number from Form ETC-A_____________________ ...................................................................... 10 00 11 Total nonrefundable credits (total of lines 7 through 10)...................................................................................................... 11 12 Nebraska PTET for tax year 2023 after nonrefundable credits. Subtract line 11 from line 6 (if line 11 is more than line 6, enter -0-).............................................................................................................................................................................. 12 13 PTET for tax years 2018 through 2022 (see instructions).................................................................................................... 13 14 Income reported to Nebraska subject to withholding (If box 5 is not checked, enter the Column (F), Schedule II total).... 14 15 Nebraska income tax withheld for nonresident individual partners (If box 5 is not checked, enter the Column (G), Schedule II total)................................................................................................................................................................. 15 16 Nebraska tax after nonrefundable credits (line 12 plus lines 13 and 15).............................................................................. 16 17 Form 3800N refundable credit and recapture (see instructions).......................................... 17 00 18 Tax deposited with Form 7004N and 2023 estimated income tax payments...................... 18 00 19 Beginning Farmer credit....................................................................................................... 19 00 20 Nebraska income tax withheld (attach 1099-NEC) (see instructions).................................. 20 00 21 Credit for school district property taxes (attach Form PTC) ................................................ 21 00 22 Credit for community college property taxes (attach Form PTC) ........................................ 22 00 23 PTET credit received from a lower-tier electing partnership (attach Schedules K-1N)........ a Name:__________ b Nebraska ID Number___________ c Amount: $_____________ (Attach a schedule if the credit was received from more than one partnership.)................ 23 00 24 Total refundable credits and payments (total of lines 17 through 23) .................................................................................. 24 25 TAX DUE if line 16 minus line 24 is greater than zero. Check this box if your payment is being made electronically.... 25 26 Overpayment if line 16 minus line 24 is less than zero...................................................................................................... 26 27 Amount of line 26 you want applied to your 2024 estimated tax.......................................................................................... 27 28 Overpayment to be REFUNDED (line 26 minus line 27). Complete lines 29a, 29b, and 29c to receive your refund electronically. Complete line 29d if appropriate (see instructions)....................................................................................... 28 29a Routing Number 29b Type of Account 1 = Checking 2 = Savings 00 00 00 00 00 00 00 00 00 00 00 00 00 29c Account Number 29d Check this box if this refund will go to a bank account outside the United States. sign here paid preparer’s use only Under penalties of perjury, I declare that as taxpayer or preparer, I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is correct and complete. Signature of Partner or Member Date Email Address ( ) Title Phone Number Preparer’s Signature Date Print Firm’s Name (or your's if self-employed), Address and ZIP Code Preparer’s PTIN EIN Paper filers must attach a copy of the federal return and supporting schedules to this return. All filers are encouraged to e-file their return including schedules K-1N. ( ) Daytime Phone Mail this return and payment to: Nebraska Department of Revenue, PO Box 94818, Lincoln, NE 68509-4818. revenue.nebraska.gov, 800-742-7474 (NE and IA), 402-471-5729 8-284-2023 PRINT FORM RESET FORM Partnership With Other Income And Deductions Nebraska Schedule A — Adjustments to Ordinary Business Income Name on Form 1065N FORM 1065N Schedule A 2023 Nebraska ID Number Adjustments Increasing Ordinary Business Income Totals • Enter amounts for lines 1 through 9, and 11 from Schedule K, Federal Form 1065. 1 Net rental real estate income............................................................................................................... 1 00 2 Other net rental income........................................................................................................................ 2 3 Guaranteed payments for: a Services............................................................................................................. 3a ____________ b Capital................................................................................................................ 3b ____________ Total guaranteed payments (total of lines 3a and 3b)...................................................................... 3 00 4 Interest income..................................................................................................................................... 4 00 5 Ordinary dividends............................................................................................................................... 5 00 6 Royalties.............................................................................................................................................. 6 00 7 Net short-term capital gain................................................................................................................... 7 00 8 Net long-term capital gain.................................................................................................................... 8 00 9 Net gain under IRC Section 1231 (other than casualty or theft)........................................................... 9 00 10 State and local bond interest and dividend income (see instructions)................................................. 10 11 Other income (list below or attach schedule) a List type:_______________________________________________ b Amount: $___________ Total other income. Enter total of lines 11b...................................................................................... 11 12 Nebraska and local income, sales, and use taxes deducted on Federal Form 1065 under section 164 of the IRC.......................................................................................................................... 12 00 00 00 00 13 Total adjustments increasing ordinary business income (total of lines 1 through 12). Enter here and on line 2, Form 1065N................................................................................................................... 13 Adjustments Decreasing Ordinary Business Income • Enter amounts for lines 15 through 23 from Schedule K, Federal Form 1065. 00 Totals 14 Qualified U.S. government interest deduction (see instructions).......................................................... 14 00 15 Net rental real estate loss..................................................................................................................... 15 00 16 Other net rental loss............................................................................................................................. 16 00 17 Net short-term capital loss................................................................................................................... 17 00 18 Net long-term capital loss.................................................................................................................... 18 00 19 Net loss under IRC Section 1231......................................................................................................... 19 00 20 Other loss............................................................................................................................................. 20 00 21 Contributions........................................................................................................................................ 21 00 22 Section 179 deduction.......................................................................................................................... 22 23 Other deductions (list below or attach schedule) a List type:_______________________________________________ b Amount: $___________ Total other deductions. Enter total of lines 23b................................................................................ 23 24 Total adjustments decreasing ordinary business income (total of lines 14 through 23). Enter here and on line 3, Form 1065N................................................................................................................... 24 00 00 00
Form 1065N
More about the Nebraska Form 1065N Corporate Income Tax TY 2023
We last updated the Nebraska Return of Partnership Income, with Schedule A - Partnership with other Income and Deductions - Adjustments to Ordinary Business Income in February 2024, so this is the latest version of Form 1065N, fully updated for tax year 2023. You can download or print current or past-year PDFs of Form 1065N directly from TaxFormFinder. You can print other Nebraska tax forms here.
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TaxFormFinder has an additional 34 Nebraska income tax forms that you may need, plus all federal income tax forms. These related forms may also be needed with the Nebraska Form 1065N.
| Form Code | Form Name |
|---|---|
| Form 1065N-Schedule-K-1N | Partner's Share of Income, Deductions, Modifications, and Credits |
| Form 1065N-Schedule-I | Apportionment for Multistate Business, 2016 Schedule ELP, Income Reported to Partners by Electing Large Partnership, and Schedule II, Nonresident |
View all 35 Nebraska Income Tax Forms
Form Sources:
Nebraska usually releases forms for the current tax year between January and April. We last updated Nebraska Form 1065N from the Department of Revenue in February 2024.
About the Corporate Income Tax
The IRS and most states require corporations to file an income tax return, with the exact filing requirements depending on the type of company.
Sole proprietorships or disregarded entities like LLCs are filed on Schedule C (or the state equivalent) of the owner's personal income tax return, flow-through entities like S Corporations or Partnerships are generally required to file an informational return equivilent to the IRS Form 1120S or Form 1065, and full corporations must file the equivalent of federal Form 1120 (and, unlike flow-through corporations, are often subject to a corporate tax liability).
Additional forms are available for a wide variety of specific entities and transactions including fiduciaries, nonprofits, and companies involved in other specific types of business.
Historical Past-Year Versions of Nebraska Form 1065N
We have a total of twelve past-year versions of Form 1065N in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:
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