Form 775n - Nebraska Employment And Investment Growth Act Credit Computation Page 2

Download a blank fillable Form 775n - Nebraska Employment And Investment Growth Act Credit Computation in PDF format just by clicking the "DOWNLOAD PDF" button.

Open the file in any PDF-viewing software. Adobe Reader or any alternative for Windows or MacOS are required to access and complete fillable content.

Complete Form 775n - Nebraska Employment And Investment Growth Act Credit Computation with your personal data - all interactive fields are highlighted in places where you should type, access drop-down lists or select multiple-choice options.

Some fillable PDF-files have the option of saving the completed form that contains your own data for later use or sending it out straight away.

ADVERTISEMENT

NEBRASKA EMPLOYMENT AND INVESTMENT GROWTH ACT CREDIT COMPUTATION, Page 2
Project Name
Social Security or Nebraska I.D. No.
Company Name
QUALIFICATION LEVELS
Fifth Year ________
Sixth Year ________
Seventh Year ________
Eighth Year ________
Ninth Year ________
Corrected
Corrected
Corrected
Corrected
Corrected
(If corrected,
(If corrected,
(If corrected,
(If corrected,
(If corrected,
1 Taxable year ending (see instructions) . . . . . . . . . . . . . . .
1
attach explanation)
attach explanation)
attach explanation)
attach explanation)
attach explanation)
2 Total cumulative net investment in the project at taxable
$
$
$
$
$
year end. (Qualified property placed in service on or after
the date of application, net of: sales tax, retirements of
qualified property, and expired or cancelled qualified leases) 2
3 Current year investment of qualified property (net of sales
tax paid) (line 5 from Worksheet C-2 in instructions) (for
1987 applications, use Worksheet C-1) . . . . . . . . . . . . . . .
3
4 Number of new employees at taxable year end (see
Worksheet A-2 in instructions) (for 1987 applications,
use Worksheet A-1) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
4
5 Total refundable sales and use tax paid at the project
$
$
$
$
$
at year end . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5
EMPLOYEE AND WAGE INFORMATION
6 Enter in columns F through J the last day of each
(F)
(G)
(H)
(I)
(J)
tax year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
6
7 Total number of actual employees in Nebraska at each
date (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . .
7
8 Average annual wage per employee for jobs created
$
$
$
$
$
in Nebraska after the application date . . . . . . . . . . . . . . . .
8
APPLICATION OF CREDITS
9 Allowable compensation credit of current taxable year
$
$
$
$
$
(see Worksheet B-2 in instructions) (for 1987 applications,
use Worksheet B-1) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9
10 Allowable investment credit of current taxable year (see
Worksheet C-2 in instructions) (for 1987 applications, use
Worksheet C-1) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10
11 Total allowable credit of current taxable year (total of
$
$
$
$
$
lines 9 and 10) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11
12 Amount of credit carried forward from previous year . . . . . 12
13 Amount of distributed credit received during the
current year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
14 Total available credit in current year (total of lines 11,
$
$
$
$
$
12, and 13) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14
15 Amount of credit taken in current year against income
tax liability (enter amount here and on appropriate line
of Form 3800N) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15
16 Amount of credit used to receive sales and use tax
refunds on other property used at the project
(see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16
17 Amount of credit distributed to partners, S corporation
shareholders, or certain fiduciary beneficiaries
(line 2 on Schedule ) . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17
18 Ending balance of total credit to be carried forward to
$
$
$
$
$
following year’s line 12 (line 14 minus lines 15, 16, and 17) 18
ATTACH THIS FORM TO NEBRASKA INCOME TAX RETURN

ADVERTISEMENT

00 votes

Related Articles

Related forms

Related Categories

Parent category: Financial
Go
Page of 8