Fillable Form 20 - Nebraska Tax Application (Page 4 of 4) in pdf

v Corporation Income Tax. Every business entity subject to

v Severance and Conservation Tax. Every person severing

federal corporate income tax and engaged in business in Nebraska,

oil or natural gas from the soil of Nebraska must be licensed and

or having sources of income from Nebraska, must file a Nebraska

pay the severance and conservation tax, unless the oil or gas is

Corporation Income Tax Return, Form

1120N. Insurance

sold in Nebraska, and then the first purchaser must pay the tax.

companies and certain nonprofit organizations filing Federal

v Nebraska Prepaid Wireless Surcharge. Every person

Forms 990-T, 1120H, or 1120POL, must also file Form 1120N.

making taxable sales of prepaid wireless telecommunications

Corporations which have elected to file under Subchapter S of

services must be licensed to collect the Nebraska Prepaid

the Internal Revenue Code must file a Nebraska S Corporation

Wireless Surcharge. Sales of prepaid mobile phones, prepaid

Income Tax Return, Form

1120-SN, unless all shareholders are

phone cards, and the recharging of those prepaid phones and

Nebraska residents, and all income is derived from Nebraska

cards are taxable.

sources. A LLC electing to file as a corporation must file a

v Wholesale Cigarette Dealer. In order to purchase and

Nebraska Corporation Income Tax Return, Form 1120N or

affix cigarette tax stamps to packages of cigarettes for sale or

if electing to file as a S Corporation, if it has a nonresident

distribution, a dealer must obtain a permit. A bond is required.

shareholder or non-Nebraska income, it must file a Nebraska S

This permit is required to be renewed annually. Each location

Corporation Income Tax Return, Form 1120-SN.

that affixes tax stamps must be licensed.

v Partnership Income Tax. The

Nebraska Partnership Return of

Important Note. Visit the Department’s website for the

Income, Form

1065N, must be completed by every partnership

Nebraska Directory of Certified Tobacco Product Manufacturers

that has one or more nonresident partners or income derived

and Brands

that contains the list of cigarettes and roll your

from outside of Nebraska. A partnership return is not required if

own (RYO) products that are approved for sale in Nebraska. It

all partners are residents of Nebraska, and all income is derived

is unlawful to sell, offer, or possess for sale in Nebraska, any

from Nebraska sources. Form 1065N must also be filed by a

cigarettes or RYO tobacco that is not listed on this Directory.

limited liability company (LLC) which is treated as a partnership

for federal income tax purposes and which derives income from

the Department’s website on a continual basis to be aware of

Nebraska sources. A Form 1065N is required unless all of the

changes made to this Directory.

LLC’s members are residents of Nebraska and all of its income

v License to Transport Unstamped Cigarettes. Common

is derived from Nebraska sources.

carriers transporting unstamped cigarettes from any bonded

v Fiduciary Income Tax. Every fiduciary of a resident estate or trust

warehouse to a licensed wholesale cigarette dealer in Nebraska

must file a Nebraska Fiduciary Income Tax Return, Form

1041N,

must obtain a license to transport unstamped cigarettes. A bond

if the estate or trust is required to file a federal income tax return

is required.

for the taxable year. A fiduciary return is not required for a simple

v Tobacco Products. A license must be obtained by the

trust if all of the trust’s beneficiaries are residents of Nebraska, all

first owner of the tobacco products prior to importing or

of the trust’s income is derived from sources in Nebraska, and the

manufacturing and selling tobacco products in Nebraska. The

trust has no federal taxable income.

first owner is any out-of-state supplier who ships or transports

tobacco products to retailers in Nebraska. The first owner also

v Financial Institution Tax. Every financial institution

includes any wholesaler or retailer who purchases tobacco

which maintains a permanent place of business in Nebraska

products from an out-of-state supplier who does not have a

and actively solicits deposits from Nebraska residents

license. Tobacco products include those forms of tobacco,

must file a

Nebraska Financial Institution Tax Return,

other than cigarettes, suitable for chewing or smoking.

Form

1120NF. A financial institution does not file a Nebraska

Corporation Income Tax Return.

Each of the following programs has a separate

application form, as indicated, and is available on the

MISCELLANEOUS TAX PROGRAMS

Department’s website.

Fee. Retailers selling new tires for a motor vehicle, trailer,

Tire

MECHANICAL AMUSEMENT DEVICE

semitrailer, or farm tractor must obtain a tire fee permit. Only one

Operators and distributors of mechanical amusement devices that are

permit is issued regardless of the number of locations selling new

used for a game, contest, or amusement, must file a

Nebraska Tax

tires (see

Nebraska Tire Fee Information

Guide).

Application and Return for Mechanical Amusement Device Decals,

Form

54.

Tax. Any person operating a hotel, motel, inn, campground,

Lodging

bed and breakfast, or other lodging facility in Nebraska must obtain a

BINGO, LOTTERY, RAFFLE, OR LOTTERY BY

lodging tax permit for each location. Important Note: The location

PICKLE CARD

address and the county of business location given on this application

Any qualified Nebraska nonprofit organization, volunteer fire company

must reflect the actual physical location of the lodging facility, not a

or volunteer first-aid, rescue, ambulance or emergency squad may apply

management company or office location (see Nebraska and Local Taxes

for a license to conduct bingo, a lottery by the sale of pickle cards, a

on Lodging Information

Guide).

lottery with gross proceeds in excess of $1,000, or a raffle with gross

proceeds in excess of $5,000, by filing a

Nebraska Application for

Fee. Manufacturers, wholesalers, and retailers having

Litter

Bingo, Lottery, Raffle, or Lottery by Pickle Card, Form 50.

annual gross proceeds of $100,000 or more from sales in this state

of products subject to the litter fee must obtain a litter fee license

MOTOR FUELS TAXES

for each place of business selling these products. Manufacturers,

Every person owning or possessing motor fuel in Nebraska for

wholesalers, or retailers with more than one location must license

distribution, sale, or delivery in Nebraska must have the appropriate

each location and file a combined litter fee return and report the

license from the Motor Fuels Division before conducting business.

total gross proceeds for all locations. A

Nebraska Combined Filing

The appropriate motor fuels license is obtained by filing a Nebraska

Application, Form

11, must be filed to obtain a combined litter

Motor Fuels License Application, Form 20MF.

fee number (see

Nebraska Litter Fee Information

Guide).

Form 20 - Nebraska Tax Application Page 4

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