Who needs the NE 1040N-ES form?
This form is the Nebraska Individual Estimated Income Tax Worksheet including Payment Voucher that should be filled out by individuals who are supposed to make estimated income tax payments. These include residents and nonresidents of the State whose individual income tax, after allowance of personal exemption credits, is expected to exceed withholding and other credits by more than $500. In case the person in question is an employee whose taxes are withheld by their employer, they are allowed not to file the form and make payments but should instead ask the employer to withhold an additional amount for state income taxes.
What is the purpose of the Nebraska 1040N-ES form?
Filing of the Worksheet form assists in computing the estimated income tax and the Payment Voucher is to help properly document the purpose and amount of payment.
When is the 2015 form due?
The estimated tax payment is expected by April 15, 2015. However, in some cases four equal installments can be made by the following due dates: April 15, 2015, June 15, 2015, September 15, 2015, and January 15, 2016. To avoid underpayment of estimated income tax penalties taxpayers must ensure adequate and timely estimated payments.
How do I fill out the 1040N-ES form?
As has been mentioned, the form consists of two components: the Nebraska Individual Estimated Income Tax Worksheet and the Individual Estimated Income Tax payment voucher. These two documents are accompanied by precise instructions to help taxpayers file their tax returns properly.
Where do I send the completed form?
The worksheet, payment voucher and a check or money order must be directed to Nebraska Department of Revenue, PO Box 98911, Lincoln, NE 68509-8911. If you choose to pay electronically, it is not necessary to submit the voucher by post.
