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Tax Calculation Schedule For Individual Income Tax - Nebraska Department Of Revenue - 2014 Page 3

Federal Tax Liability Worksheet

Use this worksheet to determine if federal liability is less than the Nebraska tax liability. If federal liability

is less than calculated Nebraska Tax, enter the federal liability in the TaxAfterNonrefundableCredits

element (line 27) and check the box in the FederalTaxUsedIndicator element. The worksheet cannot be

used to replace calculated Nebraska Tax with federal tax if the result of the AdjustmentsIncreasingAGI

element (line 12) minus the AdjustmentsDecreasingAGI element (line 13) is $5,000 or more.

1. Nebraska Adjustments to AGI

a. Amount of adjustments increasing federal AGI, line 12 . . . . . . . . . . . . . . 1a. _________

b. Amount of adjustments decreasing federal AGI, line 13 . . . . . . . . . . . . . 1b. _________

c. Net adjustments to federal AGI . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1c. _________

If the amount on line 1c is $5,000 or more, stop. Line 27 of Form 1040N must be the

mathematical result of line 17 minus line 26.

2. Nebraska Tax After Nonrefundable Credits

a. Nebraska Tax, line 17, Form 1040N . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2a. $ _________

b. Total Nonrefundable Credits, line 26, Form 1040N . . . . . . . . . . . . . . . . . . 2b. _________

Nebraska Tax (line 2a) minus Total Nonrefundable Credits (line 2b) . . . . . . 2.

_________

If the line 2 amount is zero or less, enter zero on line 27, Form 1040N; and

stop here. Do not complete the remainder of the Worksheet.

3. Federal Tax Before Credits:

a. Form 1040EZ, line 10 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3a. $ _________

b. Form 1040A, line 28 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3b.

c. Form 1040, line 44 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3c. _________

d. Form 1040, line 45 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3d. _________

e. Form 1040, line 59. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3e. _________

f. Total tax – Form 1040 (add lines 3c, 3d, and 3e) . . . . . . . . . . . . . . . . . . 3f.

_________

Total federal tax (enter tax from line 3a, 3b, or 3f) . . . . . . . . . . . . . . . . . . . . . 3.

_________

In the TaxAfterNonrefundableCredits element, line 27, enter the smaller of the amounts

from line 2 or line 3 of this worksheet. Use the FederalTaxUsedIndicator element if line 3 is

entered on line 27.

Tax Calculation Schedule For Individual Income Tax - Nebraska Department Of Revenue - 2014 Page 3