Screen NEAdj - Nebraska Income and Adjustments (1040)

Show all hidden content

Overview

Use this screen to enter adjustments to federal AGI.

Income Additions

Use this section to complete portions of Schedule I.
College savings plan recapture (Basis available on federal 1099Q Screen)
The total basis of the Nebraska College Savings Plan is displayed in federal 1099Q Screen. Complete the data entry for Schedule I only if you must recapture the amount invested in the plan. If you have not entered data in the federal screen and know the basis of the plan, enter it in the data entry field if non-qualified withdrawals took place during the calendar year. Federal information is not changed based on the information entered in these fields and may need future modification.
Interest income from all state and local obligations (Force)
Use this field to force the amount of interest income from all state and local obligations exempt from federal tax which is used on Schedule I, Part A.
Exempt interest income from Nebraska obligations (Force)
Use this field to force the amount of exempt interest income from Nebraska obligations which is used on Schedule I, Part A.
Other additions
Use the statement dialog to enter additional adjustments increasing Nebraska taxable income.

Income Subtractions

Use this section to complete portions of Schedule I
Other subtractions (Prior year net operation losses are entered on NOL-2 screen)
Use the statement dialog to enter additional adjustments decreasing Nebraska taxable income. Enter any net operating loss carryovers in NENOL-2 screen.
Military retirement
Enter the amount of military retirement income which is excludable from Nebraska income based on the election made on Form 1040N-MIL.

error-icon

Triva isn't available right now.

Check out the support page for our phone number and hours

error-close