Nebraska Schedule III — Computation of Nebraska Tax
2019
FORM 1040N
Schedule III
• You must complete lines 1 through 14, Form 1040N. If you have state, local, or federal bond interest or other
adjustments, complete Parts A and B of Nebraska Schedule I. Use Schedule III to calculate your Nebraska tax liability.
• You do not have to provide a copy of other state returns when filing Schedule III.
Nebraska Schedule III —
Computation of Nebraska Tax for PARTIAL-YEAR RESIDENTS AND NONRESIDENTS ONLY
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Line 3
From Form 1040N, Line 5 + Line 12 - Line 13 +
- 4
1
Income derived from Nebraska sources. Include income from wages, interest, dividends, business, farming,
Nebraska unemployment payments, severance payments connected to Nebraska employment, partnerships,
S corporations, limited liability companies, estates and trusts, gain or loss, rents, royalties, and financial
institution tax credit amount.
If there is no Nebraska income or loss, enter -0-.
a List type: b Amount: $
List type: Amount:
Total income derived from Nebraska sources. Enter total of lines 1b .............................................................. 1
2 Adjustments as applied to Nebraska income, if any (see instructions)
a List type: b Amount: $
List type: Amount:
Total adjustment as applied to Nebraska income. Enter total of lines 2b ........................................................ 2
3 Nebraska adjusted gross income (line 1 minus line 2) ....................................................................................... 3
4
Ratio — Nebraska’s share of the total income (calculate to six decimal places, and round to five):
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Line 3
(Form 1040N, Line 5 + Line 12 – Line 13) + – 4
5 Nebraska Taxable Income (line 14, Form 1040N) 5
6 Nebraska tax calculation (see instructions)
a Tax on Nebraska Taxable Income from line 5 ...............................................................6 a $ ___________
b
Partial-year residents, enter Nebraska nonrefundable credit for the elderly or disabled ...
6 b $ ___________
c Partial-year residents, enter Nebraska child/dependent care nonrefundable credit ......6 c $ ___________
d Subtotal credits (add lines 6b and 6c) ...........................................................................6 d $ ___________
Line 6a minus line 6d ...................................................................................................................... ............... 6
7 Multiply Nebraska personal exemption credit of $137 by the number of Nebraska personal exemptions on
line 4, Form 1040N ............................................................................................................................................. 7
8 Tax after Nebraska personal exemption credit (line 6 minus line 7). If less than $0, enter -0- here, and if you
have any other tax due, apply any unused Nebraska personal exemption credit against that tax on line 10e ... 8
9 Nebraska income tax. Multiply line 8 by the ratio you computed on line 4. Enter result here and on
line 15, Form 1040N ............................................................................................................................................ 9
10 Nebraska other tax calculation:
a Federal Tax on Lump Sum Distributions (Form 4972) .................................................10 a $ ___________
b Federal tax on early distributions (lesser of Form 5329 or line 6, Schedule 2,
Federal Form 1040 or 1040-SR) .................................................................................. 10 b $ ___________
c Subtotal (add lines 10a and 10b) .................................................................................10 c $ ___________
d Tax calculation. Multiply line 10c by 29.6% (x .296) ....................................................10 d $ ___________
e Enter any unused Nebraska personal exemption credit from the calculation on line 8 10 e $ ___________
f Subtract line 10e from line 10d ....................................................................................10 f $ ___________
Multiply line 10f by line 4 ratio. Enter result here and on line 16, Form 1040N. ............................................ 10
11 Earned income credit (Partial-Year Residents Only)
a Number of qualifying children. Enter here and on line 34, box 97, Form 1040N ......... 11 a ____________
b Enter federal earned income credit from federal tax return here and on
line 34, box 98, Form 1040N ......................................................................................11 b $ ___________
Multiply line 11b amount by 10% (x .10). Enter the result here (see instructions). ........................................ 11
12 Nebraska earned income credit. Multiply line 11 by the ratio you computed on line 4 (attach a copy of
federal tax return pages 1 and 2 to your return). Enter result here and on line 34, Form 1040N ........................ 12
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Name on Form 1040N Social Security Number