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Form Instructions 1040 (Schedule E) online Nebraska: What You Should Know
Filing your Nebraska return electronically is easy, with a single, streamlined user interface. If you owe any tax, just fill out your electronic return, hit the “submit” button, and complete any penalties and interest that may appear on line 13. There's no need to prepare forms, so you can do most of your income tax work online. The Nebraska tax code makes several changes as of 2037 (in effect Jan. 1, 2037). You can read about them on page 3 of the Nebraska State Income Tax table of contents. When completing your Nebraska personal income tax return, please keep in mind that you must use a calendar year period, even in years with short months to reflect Nebraska laws and tax rates.  If you are a resident of Nebraska, you may owe federal income tax on any earnings and dividends from your non-Nebraska business in any state; including Canada. If the non-Nebraska business is located in Nebraska, the Nebraska State income tax will also be due. If you are a non-resident of Nebraska and have invested capital in a non-Nebraska business located anywhere in the world, you will be subject to tax on the full capital gains income. Please call the Nebraska Dept. of Revenue and ask them about your situation.
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