Main Navigation
Form 1040N-ES 2012 Nebraska Individual Estimated Income Tax Payment Voucher
$ 86 825 $110 825 0 428% ( 00428) of AGI above $86 825 110 825 261 825 $ 102 72 + 0 327% ( 00327) of the excess over $110 825 $173 650 $197 650 0 428% ( 00428) of AGI above $173 650 $173 650 $218 650 0 428% ( 00428) of AGI above $173 650 218 650 453 650 192 60 + 0 327% ( 00327) of the excess over $218 650 $173 650 $221 650 0 428% ( 00428) of AGI above $173 650 221 650 523 650 $ 205 44 + 0 327% ( 00327) of the excess over $221 650 (line 18 of estimated tax worksheet) 1 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; 1 Amended estimated tax (enter here and on line 1 of the payment voucher) 1 1 April 1 Estimated federal adjusted gross income (AGI) 1 1 Estimated tax (or amended estimated tax) (line 18 of 1 Estimated tax (or amended estimated tax) (line 18 of 1 Estimated tax for the year ending 1 The primary SSN; 10 Estimated Nebraska taxable income (line 7 plus line 8 minus line 9) 10 11 Estimated Nebraska income tax amount on line 10 (See 2012 Nebraska Estimated Tax Rate Schedule 12 Estimated Nebraska minimum or other taxes (total of taxes from Federal Forms 6251 4972 and 5329; 13 Total estimated Nebraska tax (total of lines 11 and 12) 13 14 Estimated Nebraska credits including: 15 Nebraska 2012 estimated income tax (line 13 minus line 14) If zero or less enter 0 15 16 a Multiply line 15 by 90% (66 2/3% if engaged in farming or fishing) 16a 17 500 27 000 600 51 + 5 12% of the excess over $17 500 17 Income tax withheld and estimated to be withheld during 2012 (including income tax withholding on 18 Subtract line 17 from line 16c (Note: If the result is zero or less or line 15 minus line 17 is less than $500 19 COMPUTATION OF INSTALLMENTS 197 650 348 650 $ 102 72 + 0 327% ( 00327) of the excess over $197 650 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 2 400 17 500 $ 61 44 + 3 57% of the excess over $ 2 400 2 A notation identifying the payment as an estimated payment; and 2 Amount of the 2011 overpayment previously applied as a credit to 2012 estimated 2 Amount of this installment (line 19 of Estimated Tax 2 Amount of this installment (line 19 of Estimated Tax 2 Estimated federal itemized deductions (line 29 Form 1040 Schedule A) 2 2 June 261 825 356 825 596 49 + 0 172% ( 00172) of the excess over $261 825 27 000 1 086 91 + 6 84% of the excess over $27 000 28 000 40 000 954 15 + 5 12% of the excess over $28 000 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 3 Amount of overpayment from last year (all or part) 3 Amount of overpayment from last year applied to this 3 Amount of overpayment from last year applied to this 3 September 3 State and local income taxes (line 5 Schedule A) 3 3 The tax year to which the payment should be applied 3 Total amount previously paid for 2012 estimated tax installments 3 348 650 443 650 596 49 + 0 172% ( 00172) of the excess over $348 650 35 000 54 000 1 201 02 + 5 12% of the excess over $35 000 356 825 759 89 4 500 28 000 $ 115 20 + 3 57% of the excess over $ 4 500 4 800 35 000 $ 122 88 + 3 57% of the excess over $ 4 800 4 Amount of this payment (line 2 minus line 3) Enter here 4 Amount of this payment (line 2 minus line 3) Enter here 4 January 4 Line 2 plus line 3 4 4 Nebraska itemized deductions (line 2 minus line 3) 4 40 000 1 568 55 + 6 84% of the excess over $40 000 443 650 759 89 453 650 573 650 961 05 + 0 172% ( 00172) of the excess over $453 650 5 Standard deduction (enter Nebraska standard deduction amount): 5 Unpaid balance (line 1 minus line 4) 5 523 650 713 650 1 192 98 + 0 172% ( 00172) of the excess over $523 650 54 000 2 173 82 + 6 84% of the excess over $54 000 573 650 1 167 45 6 Amount to be paid (line 5 divided by number of remaining payments) 6 Enter the greater of line 4 or line 5 6 65 or older and blind 2 300 65 or older and blind 2 900 65 or older and/or blind (see reverse side) 5 65 or older or blind $1 150 65 or older or blind $1 450 7 Estimated Nebraska income before adjustments (line 1 minus line 6) 7 713 650 1 519 78 8 Estimated Nebraska adjustments increasing federal AGI (including non Nebraska state and municipal 9 Estimated Nebraska adjustments decreasing federal AGI (including federal bond interest) 9 A married individual (filing jointly or separately) or a qualifying widow(er) and Also enter 1/4 of the amount on line 18 and on line 2 of Payment Voucher 4; Also enter 1/4 of the amount on line 18 and on lt Vouchers 3 and 4; An unmarried individual (single or head of household) and and in your Record of Estimated Tax Payments 4 and in your Record of Estimated Tax Payments 4 And one spouse is also 65 or older 3 450 And one spouse is also blind 3 450 Angel Investment credit annual payment you may still owe tax when you file your return You must also make timely estimated applied to this installment 3 April 17 2012 enter 1/4 of the amount on line 18 here and on line 2 of Payment Vouchers 1 2 3 and 4; at least the amount on line 16c you may owe a penalty for not paying enough estimated tax To avoid a b Enter the tax shown on your 2011 tax return (110% of that amount if you are Beginning Farmer credit bond interest) 8 Both spouses are 65 or older 2 300 Both spouses are 65 or older and both are blind 4 600 Both spouses are blind 2 300 c Required annual payment to avoid a penalty Enter the smaller of line 16a or 16b 16c Caution: If you do not prepay (through income tax withholding and estimated tax payments) CDAA credit City State Zip Code City State Zip Code Complete if an original or amended computation 1 Complete if an original or amended computation 1 Computation Schedule Computation Schedule Credit for tax paid to another state Credit for the elderly or the disabled and Current Mailing Address (Number and Street or PO Box) Current Mailing Address (Number and Street or PO Box) Earned income credit Enter here and on line 2 of the payment voucher 6 estimated tax worksheet) for the year ending estimated tax worksheet) for the year ending File only if you are making a payment of estimated tax File only if you are making a payment of estimated tax Financial institution tax credit 14 Fiscal year taxpayers see instructions Fiscal year taxpayers see instructions For all taxpayers For full year residents For residents and partial year residents Form 3800N credit and from line 3 of Worksheet A 11 greater than $173 650; $86 825 if married filing separately) 2 Head of Household $8 700; If a Joint Return Spouse s First Name and Initial Last Name If a Joint Return Spouse s First Name and Initial Last Name If AGI is: The tax to add is: If the first payment you are required to make is due to be filed on: If your estimated tax needs to be amended use the Amended If your estimated tax needs to be amended use the Amended included in this booklet ) If AGI is above $173 650 ($86 825 if married filing separately) enter the amount installment (and not applied to previous installments) 3 installment (and not applied to previous installments) 3 January 15 2013 enter the amount on line 18 here and on line 2 of Payment Voucher 4 19 June 15 2012 enter 1/2 of the amount on line 18 here and on line 2 of Payment Voucher 2 Lincoln Nebraska 68509 8911 Married Filing Jointly $11 900; Married Filing Separately $5 950; or multiplied by 296) 12 Multiply this difference by 10% ( 10) Name that will be Shown First on your Income Tax Return Last Name Name that will be Shown First on your Income Tax Return Last Name Nebraska Department of Revenue not engaged in farming or fishing and the AGI shown on that return is more over but not over payments to avoid underpayment penalties If you prefer you can pay the amount shown on line 15 penalty make sure your estimate on line 15 is as accurate as possible Even if you pay the required pensions annuities certain deferred income etc ) 17 Personal exemption credit PO Box 98911 Refundable and nonrefundable credits for child and dependent care expense September 17 2012 enter 3/4 of the amount on line 18 here and on line 2 of Payment Voucher 3 Single $5 950; Spouse s Social Security Number Spouse s Social Security Number SSN that will be Shown First on your Income Tax Return SSN that will be Shown First on your Income Tax Return still have to make a payment at a later date See instruction titled Changes in Estimated Tax stop here You are not required to make estimated tax payments ) 18 Subtract $173 650 ($86 825 if married filing separately) from your federal AGI; and tax installments 2 than $150 000; ($75 000 if your filing status for 2012 is married filing separately) 16b Use this schedule if your estimated tax changes during the year Worksheet or line 6 of Amended Computation Schedule) 2 Worksheet or line 6 of Amended Computation Schedule) 2 Worksheet) 2 You had zero tax liability for the full 12 month preceding tax year; 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 You were a U S citizen or resident during that year; and Your Nebraska return for that year reported zero tax liability $ 0 $ 2 400 2 56% of the income $ 0 $ 4 500 2 56% of the income $ 0 $ 4 800 2 56% of the income (Column B plus Column C) 1 Nebraska Tax Table tax on line 10 estimated taxable income Form 1040N ES Worksheet 1 2 Additional tax calculated from the Additional Tax Rate Schedule on next page (if AGI is 2011 Overpayment 2012 Nebraska Additional Tax Rate Schedule 2012 Nebraska Estimated Tax Rate Schedule 3 Total tax (line 1 plus line 2) Enter here and on line 11 Form 1040N ES Worksheet 3 8 014 2011 8 014 2011 8 014 2011 800 742 7474 (NE or IA) or 402 471 5729 ADDITIONAL STANDARD DEDUCTION FOR ELDERLY AND/OR BLIND AMENDED COMPUTATION SCHEDULE Amount Paid and Credited AVAILABLE CALCULATING AND MAKING YOUR PAYMENT 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 CLAIM THIS AMOUNT ON YOUR 2012 NEBRASKA Complete the Estimated Income Tax Worksheet (Worksheet) to compute your 2012 estimated tax If line 18 is less than $500 estimated tax payments are not required but may still be made If 2012 federal AGI is expected to be more than $173 650 ($86 825 if married filing separately) then complete Worksheet A included in this booklet Subtract the amount of any carryover from the 2011 Form 1040N before making your payment Consider paying by EFT Otherwise mail this voucher and your check or money order to: Consider paying by EFT Otherwise mail this voucher and your check or money order to: CREDIT CARD: Credit card payments are originated through Official Payments Eligible credit cards include VISA MasterCard Discover and American Express A convenience fee of 2 49% of the tax payment ($1 minimum) is charged to the card you use and is paid to Official Payments You will be told about this fee during the transaction Secure credit card payments can be initiated at www officialpayments com or at (800) 2PAY TAX If you are making your credit card payment by telephone you will need to provide the Nebraska Jurisdiction Code which is 3700 At the end of your transaction you will be given a confirmation number Keep this for your records Date Filed DO NOT USE IT TO COMPUTE AN AMOUNT FOR ANY TAX RETURNS E PAY (ACH DEBIT): To use e pay (sometimes called an electronic check) visit the Department s website This payment option is free to use and you will receive an email confirmation for each payment You can schedule your estimated payments up to one year in advance of having your bank account debited 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: ELECTRONIC PAYMENT OPTIONS (EFT) ELECTRONIC PAYMENT OPTIONS ARE Enter the additional tax calculated from this schedule on line 2 of Worksheet A FARMERS AND RANCHERS If at least two thirds of your gross income for 2011 or 2012 is derived from farming ranching or fishing you may pay all of your estimated tax on or before January 15 2013 You must then pay the entire amount of the estimated tax If you file your 2012 Nebraska Individual Income Tax Return Form 1040N on or before March 1 2013 and pay the total tax due at that time you do not need to file an estimated tax payment for 2012 FISCAL YEAR TAXPAYERS Fiscal year taxpayers must report by the 15th day of the fourth sixth and ninth months of the fiscal year and the first month of the following fiscal year Form 1040N ES FORM 1040N ES FORM 1040N ES Form 1040N ES Worksheet is: Form 1040N ES Worksheet is: Head of Household If AGI is: The tax to add is: If AGI is: The tax to add is: If estimated payments have been made under a spouse s Social Security number (SSN) and this spouse dies during the year please indicate deceased on any e filed return when prompted On paper returns write DECEASED at the top of the Form 1040N and give the date of death next to the SSN Verify that the surviving spouse s name and SSN are correct on Form 1040N ES and indicate what SSN will be used in filing a Form 1040N ES for the next year If line 10 The Nebraska estimated tax is: If line 10 The Nebraska estimated tax is: If married filing separately these amounts apply only if you can claim an exemption for your spouse If your estimated Nebraska taxable income is less than $54 000 perform the following calculation: If your line 10 estimated taxable income is less than the 10% difference calculated enter 6 84% ( 0684) of line 10 income on line 3 Nebraska Estimated Tax Worksheet; otherwise complete the additional tax calculation above If your Nebraska individual income tax after allowance of personal exemption credits is expected to exceed withholding and other credits by $500 or more then estimated income tax payments may be required IMPORTANT: SSNs MUST BE ENTERED BELOW IMPORTANT: SSNs MUST BE ENTERED BELOW Included in this Booklet: Income Tax Payment Income Tax Worksheet Individual Estimated INDIVIDUAL INCOME TAX RETURN FORM 1040N Installment INSTRUCTIONS JOINT PAYMENTS Payments of estimated income tax may be made on a married filing jointly basis for Nebraska tax purposes Married filing jointly payments may not be made if the spouses are separated under a decree of either divorce or separate maintenance or if they have different taxable years If joint payments are made but a joint return is not filed for the taxable year the estimated tax for the year may be divided between spouses A copy of a signed agreement to divide the estimated payments should be attached to each Form 1040N When e filing a letter is not required Simply claim the agreed upon amounts on each spouse s return KEEP FOR YOUR RECORDS DO NOT FILE AMENDED COMPUTATION SCHEDULE ON REVERSE SIDE List the names and SSNs in the same order on the joint voucher as you will list them on your joint return Make appropriate entries in your Record of Estimated Tax Payments Make the smart choice pay electronically using the Department s e pay program or by credit card When paying electronically vouchers are not required Married Filing Jointly and Surviving Spouses Married Filing Separately METHODS OF PAYMENT Make checks or money orders payable to the Nebraska Department of Revenue Nebraska NEBRASKA DEPARTMENT OF REVENUE PO BOX 98911 LINCOLN NE 68509 8911 NEBRASKA DEPARTMENT OF REVENUE PO BOX 98911 LINCOLN NE 68509 8911 Nebraska Individual Estimated Nebraska Individual Estimated Income Tax Nebraska Individual Estimated Income Tax NOTE: If you are not required to make an estimated tax payment on the first installment date you may Number OR BEFORE APRIL 17 2012 OR BEFORE JANUARY 15 2013 OR BEFORE JUNE 15 2012 OR BEFORE SEPTEMBER 17 2012 over but not over over but not over over but not over over but not over OVERPAYMENT CREDIT FROM 2011 If you had an overpayment on your 2011 Form 1040N and elected to apply it to your 2012 estimated income tax the amount of that overpayment may be applied in full or in part to any installment Pay by EFT or attach a check or money order to the payment voucher and mail it by the due date to: Payment Payment Voucher Payment Voucher 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 Please pay by using EFT Questions? Record of Estimated Tax Payments See instructions inside Sign up for a FREE subscription service at the Department s website to get email updates on your topics of interest Single Taxpayer SPECIAL INSTRUCTIONS Subtract $123 from the table calculation for each federal personal exemption allowed Taxpayers must ensure that adequate and timely estimated payments are made in order to avoid underpayment of estimated income tax penalties The penalty does not apply if: THIS INSTALLMENT IS DUE ON THIS INSTALLMENT IS DUE ON TOTAL Total Amount Paid USE THIS RATE SCHEDULE ONLY FOR COMPUTING 2012 ESTIMATED TAX Use this worksheet if your estimated 2011 federal AGI is more than $173 650 ($86 825 if married filing separately) Various indexed values for the personal exemption credit standard deduction and other elements of the Nebraska tax calculation are included in this year's changes You should calculate your estimated tax for 2012 in light of these changes Vouchers WHEN TO FILE The first payment must be filed on or before April 17 2012 and on later dates as set out below April 17 2012 is the Internal Revenue Service s due date because of Emancipation Day in Washington D C The estimated tax may be paid in full with the first payment or in equal installments on or before April 17 2012 June 15 2012 September 17 2012 and January 15 2013 WHO MUST MAKE ESTIMATED PAYMENTS Every resident and nonresident must make estimated income tax payments if their Nebraska income tax after personal exemption credits is expected to exceed withholding and other credits by $500 or more If you are an employee with amounts being withheld from your earnings you may ask your employer to withhold an additional amount for state taxes rather than make these four estimated income tax payments Worksheet WORKSHEET A Nebraska Estimated Tax www revenue ne gov You can download the payment vouchers from our website or include an information sheet with the following: 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 Your Nebraska standard deduction is increased by this amount if at the end of 2012 you are: