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Nebraska 14N Form

The Nebraska 14N form is the Statement of Nebraska Income Tax Withheld for Nonresident Individuals. This form is essential for estates, trusts, S corporations, partnerships, and limited liability companies that have nonresident beneficiaries or members. Accurate completion and timely submission of the form ensure compliance with Nebraska tax regulations.

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Structure

The Nebraska 14N form, officially known as the Statement of Nebraska Income Tax Withheld for Nonresident Individual, serves a crucial role in the state's tax system. Designed for use by estates, trusts, S corporations, partnerships, and limited liability companies, this form ensures that nonresident individuals who receive income from these entities are accurately accounted for in terms of tax withholding. Specifically, the form captures essential information such as the names and addresses of both the organization and the nonresident individual, along with their respective identification numbers. It also outlines the amount of Nebraska income tax withheld, which is calculated at a rate of 6.84% of the income subject to withholding. Importantly, the 14N must be filed alongside the organization's Nebraska income tax return and a copy provided to each nonresident individual for whom tax has been remitted. Furthermore, nonresident individuals are required to file a Nebraska Individual Income Tax Return, allowing them to claim the withheld amount as a credit against their tax liability. This form is particularly significant for those who do not complete a Nebraska Nonresident Income Tax Agreement, ensuring compliance with state tax obligations while providing a streamlined process for both organizations and nonresident taxpayers.

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Statement of Nebraska Income Tax Withheld

for Nonresident Individual

FORM 14N

2010

ORGANIZATION’S NAME AND MAILING ADDRESS

NONRESIDENT INDIVIDUAL’S OR

NONRESIDENT GRANTOR’S NAME AND MAILING ADDRESS

Name Doing Business As (dba)

Name

Legal Name

Street or Other Mailing Address

City, Town, or Post Ofﬁce

State

Zip Code

City, Town, or Post Ofﬁce

State

Zip Code

Nebraska Identiﬁcation Number

Federal Identiﬁcation Number

Social Security Number

Spouse’s Social Security Number

Taxable Year of Organization

Beginning

, 20

and Ending

, 20

Check One:

Estate or Trust

S Corporation

Partnership

Limited Liability Company

1	Income subject to withholding for nonresident individual from:
฀฀	฀฀	•฀ Schedule฀II, column E, Form 1041N;
฀฀	฀	•฀	Schedule III, column E, Form 1065N; or
฀฀	฀	•฀	Schedule III, column E, Form 1120-SN
2	Amount of Nebraska income tax withheld and remitted (6.84% of the amount on line 1)

INSTRUCTIONS

WHO MUST FILE. Every estate, trust, S corporation, partnership which is not a publicly traded partnership, or limited liability company, must complete the Statement of Nebraska Income Tax Withheld for Nonresident Individual, Form 14N.

The Form 14N is required for each nonresident individual beneiciary, partner, member, or shareholder not completing a Nebraska Nonresident Income Tax Agreement, Form 12N. Do not ile Form 14N for entities other than individuals. For the purposes of withholding, an individual includes a nonresident grantor of a grantor trust.

WHEN AND WHERE TO FILE. The Form 14N and remittance must accompany the organization’s Nebraska income tax return when iled with the Nebraska Department of Revenue, P.O. Box 98911, Lincoln, Nebraska 68509-8911. The organization

must also provide a copy of Form 14N to each nonresident individual for whom it remitted tax.

AMOUNT OF WITHHOLDING. The amount withheld is 6.84% of the amount subject to withholding. The total of line 2

entries from each Form14N should equal the amount entered on the applicable tax return:

•Schedule II, column E, Form 1041N, Nebraska Fiduciary Income Tax Return;

•Schedule III, column E, Form 1065N, Nebraska Return of Partnership Income; or

•Schedule III, column E, Form 1120-SN, Nebraska S Corporation Income Tax Return.

NONRESIDENT INDIVIDUAL. Except as noted below, the nonresident taxpayer named on this Form 14N is required to ile a Nebraska Individual Income Tax Return, Form 1040N, with the Nebraska Department of Revenue, P.O. Box 98911, Lincoln, Nebraska 68509-8911. The amount entered on line 2, Form 14N, will be allowed as a credit against the taxpayer’s Nebraska income tax liability and should be claimed as Nebraska income tax withheld on Form 1040N. Attach a copy of the Form 14N you received from the entity to your Form 1040N in the space provided for attaching the Wage and Tax Statement, Federal Form W-2. When e-iling, use Form 8453N to send the Form 14N to the Nebraska Department of Revenue.

Nonresidents are not required to ile Form 1040N if:

1.Their only connection with Nebraska is the conduct of business activities of the organization; and

2.The organization has withheld tax from all the Nebraska income attributable to the nonresident’s share of the organization’s income.

Instead of iling a Form 1040N, the nonresident taxpayer may choose to have the full amount of the withholding retained by the Nebraska Department of Revenue.

A nonresident taxpayer who has a taxable year different from the taxable year shown on the Form 14N for the estate, trust, S corporation, partnership, or limited liability company, should claim the income and withholding on Form 1040N by attaching the Form 14N with a taxable year ending during the individual’s taxable year.

TO BE FILED IN THE ABSENCE OF FORM 12N, NEBRASKA NONRESIDENT INCOME TAX AGREEMENT.

www.revenue.ne.gov, (800) 742-7474 (toll free in NE and IA), (402) 471-5729

ATTACH TO ORGANIZATION’S NEBRASKA TAX RETURN

NONRESIDENT INDIVIDUAL — ATTACH A COPY TO FORM 1040N

MAKE A COPY FOR YOUR RECORDS.

8-282-2010

⇓ PDF File

File Information

Fact Name	Details
Form Purpose	The Nebraska 14N form is used to report income tax withheld for nonresident individuals, including beneficiaries of estates, trusts, and certain business entities.
Governing Law	This form is governed by Nebraska Revised Statutes, particularly sections related to income tax withholding for nonresidents.
Who Must File	Estates, trusts, S corporations, partnerships (excluding publicly traded partnerships), and limited liability companies must file this form for each nonresident individual.
Filing Requirements	The form must be filed along with the organization’s Nebraska income tax return and a copy must be provided to each nonresident individual for whom tax was remitted.
Withholding Rate	The withholding rate on income subject to tax is set at 6.84% of the amount reported on the applicable schedules.
Tax Credit	The amount withheld can be claimed as a credit against the nonresident individual’s Nebraska income tax liability on Form 1040N.
Exemptions	Nonresidents may not need to file Form 1040N if their only connection to Nebraska is through the organization’s business activities and all taxes have been withheld.
Record Keeping	It is essential for both the organization and the nonresident individual to keep copies of the Form 14N for their records.

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