Law.com legal forms guide Form 1120S in Nebraska is used to file the state income tax return for S corporations operating in Nebraska. This form can be found on the website of the Nebraska Department of Revenue, along with instructions and supplementary schedules. To complete the form: 1. Provide your business trade name and address. 2. Provide your business classification code, the date when you started operating in Nebraska, a brief description of your principal activities, and your federal and state ID numbers. Check the if your S corporation has non-resident individual shareholders and complete Schedule 2 if necessary. 3. Check the to indicate if you are filing an initial, amended, or final return. Also indicate if you are filing to document a change of address, and if you are attaching Forms 7004 or 3800. 4. Enter your ordinary business income on Line 1. 5. Complete Schedule A to determine the values for Lines 2 and 3. 6. Subtract Line 3 from the sum of Lines 1 and 2, and enter the result on Line 4. 7. Enter your income reported to the state on Line 5. 8. Complete Lines 6 through 16 as instructed to calculate your tax owed or any potential refund due to overpayment. 9. If you are entitled to a refund and wish to receive it via direct deposit, provide your routing number on Line 17a. Indicate if your account is a checking or savings account on Line 17b, and enter your account number on Line 17. If the account is located outside the United States, check the on Line 17d. 10. An officer should sign and date the form. For more information and videos, visit laws.com.
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Video instructions and help with filling out and completing Where Form 1120 C Taxpayer
