Form 1040n-Es - Nebraska Individual Estimated Income Tax Voucher

Pay by EFT or attach a check or money order to the payment voucher and mail it by the due date to:

Nebraska Department of Revenue

PO Box 98911

Lincoln, Nebraska 68509-8911

You can download the payment vouchers from our website, or include an information sheet with the following:

1. The primary SSN;

2. A notation identifying the payment as an estimated payment; and

3. The tax year to which the payment should be applied.

Make appropriate entries in your Record of Estimated Tax Payments.

You must enter your SSN (and your spouse’s SSN, if applicable) on the payment vouchers where indicated. List the

names and SSNs in the same order on the voucher as you will list them on your married, filing jointly return.

CHANGES IN ESTIMATED TAX. If your income increases during the year, you may be required to begin filing, or

increase, estimated tax payments at the next due date.

You may use the Amended Computation Schedule below to calculate your amended estimated tax if your estimated tax

substantially changes, or if your income substantially increases. When making payment by paper check, show the amended

estimated tax on line 1 of the next payment voucher filed. If making payments using EFT, DO NOT file a voucher to show

the change.

PENALTY FOR NOT PAYING ENOUGH ESTIMATED INCOME TAX. A penalty is imposed for underpayment

of estimated tax installments. The penalty is not due if you qualify for any of the exceptions listed on the

Individual

Underpayment of Estimated Tax, Form

2210N.

Each individual who has underpaid estimated tax must file a Form 2210N with the Nebraska Individual Income Tax

Return, Form 1040N. The estimated tax is underpaid if the payments (including withholding) are not equal to at least:

1. 90% (66 2/3% for those engaged in farming, ranching, and fishing) of the tax liability for the year, after reduction by

credits other than withholding or estimated payments;

2. 100% of the tax shown on the Nebraska return for the full 12-month preceding tax year, if federal AGI was $150,000

or less; or

3. 110% (the applicable federal percentage) of the preceding year’s tax reported on a Nebraska return, if 2011 federal

AGI was above $150,000. Complete the Nebraska Individual Estimated Income Tax Worksheet below. You may also

owe a penalty if estimated payments are not filed in a timely manner.

The penalty does not apply if:

• You had zero tax liability for the full 12-month preceding tax year;

• You were a U.S. citizen or resident during that year; and

• Your Nebraska return for that year reported zero tax liability.

Form 1040n-Es - Nebraska Individual Estimated Income Tax Voucher - 2012 Page 3