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2021

Nebraska

Corporation Estimated

Income Tax Payment

Vouchers

Included in this Booklet:

Form 1120N-ES

Electronic payment options are available. 
See instructions.

Questions?

revenue.nebraska.gov 

Sign up for a FREE subscription service at the Nebraska Department 
of Revenue’s website to get email updates on your topics of interest.

800-742-7474 (NE or IA) or 402-471-5729

                                                                     8-013-2020



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                                                Instructions

Who Must Make Estimated Payments.        Every  corporate taxpayer subject to taxation under the Internal Revenue 
Code must make estimated income tax payments if its Nebraska income tax liability can reasonably be expected to exceed 
allowable credits by $400 or more. 
Corporations that have elected to file under subchapter S, as defined by IRC § 1361, may make voluntary estimated payments 
in the same manner as other corporations.
When to Make Estimated Income Tax Payments.  Estimated income tax installments are due by the 15th day of the 
4th, 6th, 9th, and 12th months of the tax year. The estimated income tax may be paid in full with the first installment, or paid 
in equal installments on each due date.
If  you  miss  a  payment  of  estimated  income  tax,  or  if  you  made  a  mistake  which  caused  an  underpayment  in  earlier 
installments, make an immediate “catchup” payment with your next installment payment.
Methods of Payment. Some corporations are required to make their corporation payments electronically. A corporation 
with an electronic payment mandate from the Nebraska Department of Revenue (DOR) must make all estimated income 
tax payments using one of the electronic methods outlined below. All corporations are encouraged to make their estimated 
income tax payments electronically. 

                                         Electronic Payment Options
 Electronic Funds Withdrawal (EFW). With this payment option, you provide your payment information within 
 your electronically-filed return. Your payment will automatically be withdrawn from your bank account on the date 
 you specify. 
 Nebraska e-pay. Nebraska e-pay is DOR’s web-based electronic payment system. You enter your payment and bank 
 account information, and choose a date (up to a year in advance) to have your account debited. You will receive an 
 email confirmation for each payment scheduled. 
 ACH Credit. You (or your bank) create an electronic file in the appropriate ACH file format. It is submitted to the 
 Federal Reserve and instructs your bank to “credit” the state’s bank account.
 Nebraska Tele-pay. Nebraska Tele-pay is DOR’s phone-based electronic payment system. Call 800-232-0057, 
 enter your payment and bank account information, and choose a date (up to a year in advance) to have your account 
 debited. You will receive a confirmation number at the end of your call.
 Credit Card. Secure credit card payments can be initiated through Official Payments at officialpayments.com; via 
 phone at 800-272-9829; or by downloading the OPAY app from your smart phone’s app store. Eligible credit cards 
 include American Express, Discover, MasterCard, and VISA. A convenience fee (2.35% of the payment, $1 minimum) 
 is charged to the card you use. This fee is paid to the credit card vendor, not the state, and will appear on your credit card 
 statement separately from the payment made to DOR. At the end of your transaction, you will be given a confirmation 
 number. Keep this number for your records. [If you are making your credit card payment by phone, you will need to 
 provide the Nebraska Jurisdiction Code, which is 3700.]
 Cancel a Payment. To cancel a scheduled EFW payment, contact our Taxpayer Assistance office at 800-742-7474 
 or 402-471-5729 before 4:00 pm Central Time two business days prior to your scheduled payment date. You may 
 cancel a payment scheduled through Nebraska e-pay by logging into the e-pay program from our website and selecting 
 “cancel payment.” To cancel a credit card payment, contact Official Payments.

Check or Money Order. If you are not using one of the electronic payment options described above, include a check or 
money order payable to the Nebraska Department of Revenue with the payment voucher. Checks written to DOR may be 
presented for payment electronically.
Calculating the Amount of Each Installment.
 1.  Corporate taxpayers complete the 2021 Nebraska Corporation Estimated Income Tax Worksheet. If line 9 is less 
  than $400, estimated income tax payments are not required.
 2.  Complete the appropriate payment voucher. The amount of any overpayment from last year may be applied in full 
  or in part to any estimated income tax payment installment if the corporation:
            Had an overpayment on the  2020 Nebraska Corporation Income Tax Return, Form 1120N, or the 2020 
              Nebraska S Corporation Income Tax Return, Form 1120-SN; and
            Elected to apply the overpayment to the 2021 estimated income tax.
Changes in Estimated Income Tax. If the corporate taxpayer’s income increases during the year, it may be required to 
begin filing or increase estimated income tax payments at the next due date.



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Use  the  Amended  Computation  Schedule  to  calculate  the  amended  estimated  income  tax  if  the  corporate  taxpayer’s 
estimated income tax substantially changes, or if the corporate taxpayer’s income substantially increases.  Show the amended 
estimated income tax on the next payment voucher.
Penalty For Not Paying Enough Estimated Income Tax.         A  penalty  is  imposed  on  corporate  taxpayers  for 
underpayment of estimated income tax installments. An underpayment exists when the estimated income tax payments 
plus allowable credits are less than the income tax liability. The penalty is not due if the corporation qualifies for any of the 
methods that avoid penalty listed on the Corporation Underpayment of Estimated Tax, Form 2220N.
Each  corporate  taxpayer  with  an  underpayment  of  estimated  income  tax  must  file  a  Form  2220N  with  its  Nebraska 
Corporation Income Tax Return, Form 1120N.
Overpayment of Estimated Income Tax.      A corporation that has overpaid its estimated income tax may apply for a 
reimbursement of the overpayment if the overpayment is both:
At least 10% of the corporation’s expected income tax liability; and
At least $500.
To apply for this reimbursement, a corporation must file a Corporation Application for Adjustment of Overpayment of 
Estimated Tax, Form 4466N, on or before the 15th day of the third month after the end of its tax year, and before it files its 
tax return.
Unitary Business. Corporate taxpayers who are required to file a single Nebraska Corporation Income Tax Return, 
Form 1120N, for a unitary business may file combined estimated income tax payments for the group. A combined Nebraska 
ID number is used for the group and can be requested in writing from DOR. The same combined ID number used to file 
estimated income tax payments is assigned to the corporate taxpayer’s Nebraska corporation income tax return.



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                                                                                                                                                                          FORM 1120N-ES
                                 Nebraska Corporation Estimated
                                                                                                                                                                          2021
                                        Income Tax Worksheet                                                                                                              Worksheet

 1   Estimated federal taxable income ....................................................................................................................             1

  2  Estimated Nebraska taxable income ................................................................................................................                2

  3  Enter the amount from line 2 or $100,000, whichever is less ...........................................................................                           3

  4  Line 2 minus line 3 ...........................................................................................................................................   4

  5  Tax on line 3 (line 3 multiplied by 5.58%) .................................................................   5

  6  Tax on line 4 (line 4 multiplied by 7.81%) .................................................................   6

  7  Nebraska corporation estimated income tax before credits (line 5 plus line 6) ................................................                                    7

  8  Estimated credits ..............................................................................................................................................  8

  9  Nebraska corporation estimated income tax (line 7 minus line 8) ....................................................................                              9
  10 Computation of Installments.
    If the original payment is due to be filed on:
     •  15th day of the fourth month – Enter 1/4 of the amount from line 9 here and on line 2 of the 
       payment vouchers.
     •  15th day of the sixth month – Enter 1/3 of the amount from line 9 here and on line 2 of the remaining 
       payment vouchers.
     •  15th day of the ninth month – Enter 1/2 the amount from line 9 here and on line 2 of the remaining 
       payment vouchers.
     •  15th day of the twelfth month – Enter the amount from line 9 here and on line 2 of the appropriate
       payment voucher.                                                                                                                                              10

                                               Amended Computation Schedule
                                 Use if the corporation’s estimated income tax changes during the year.
 1   Amended estimated income tax (enter here and on line 1 of the payment voucher) ...................................                                              1
  2  Amount of the 2020 overpayment previously applied as a credit to 2021 estimated income tax installments ..                                                      2
  3  Total amount previously paid for 2021 estimated income tax installments ...................................................                                     3
  4  Line 2 plus line 3 ..........................................................................................................................................   4
  5  Unpaid balance (line 1 minus line 4) ............................................................................................................               5
  6  Amount to be paid (line 5 divided by number of remaining payments).
    Enter here and on line 2 of the payment voucher.........................................................................................                         6

                    Record of Estimated Income Tax Payments
                                                                        (B)                                          (C)                                               (D)
                    Payment        Installment    (A)        Amount Paid                                            2020 Overpayment Total Amount Paid
                    Number         Date           Date Filed            (Line 4 of                                   (Line 3 of      and Credited
                                                             Payment Voucher)                                       Payment Voucher) [Col. (B) plus Col. (C)]
                    1              4th Month
                    2              6th Month
                    3              9th Month
                    4              12th Month
     Claim this amount on your 2021 Nebraska Corporation Income Tax Return, Form 1120N,                              TOTAL
                      or 2021 Nebraska S Corporation Income Tax Return, Form 1120-SN.
 Note:     If a corporate taxpayer is not required to make an estimated income tax payment on the first installment date, it may  
           still be required to make payments at a later date. See instruction entitled, “Changes in Estimated Income Tax.”
                                   RETAIN A COPY FOR YOUR RECORDS — DO NOT FILE.



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                                                                                                                                                      FORM 1120N-ES
           Nebraska Corporation Estimated Income Tax
                                                                                                         Payment Voucher                              2021

   1  Estimated income tax for the 2021 tax year (line 9 of estimated                                      
        income tax worksheet) ..................................................................         1
    2 Amount of this installment (line 10 of estimated income tax
        worksheet).....................................................................................  2                    RESET             PRINT
    3 Amount of overpayment from last year (all or part)
        applied to this installment ..............................................................       3                    Nebraska Corporation Income Tax Rates for 2021
                                                                                                                              First $100,000 of       Taxable Income in
    4 Amount of this payment (line 2 minus line 3). Enter here and                                                            Taxable Income    5.58% Excess of $100,000 7.81%
        in your Record of Estimated Income Tax Payments ......................                           4
 Name Doing Business As (dba)                                                                              Nebraska ID Number Federal ID Number       Taxable Year Ending

 Legal Name
                                  
 Street or Other Mailing Address                                                                            This installment is due on or before the
                                                                                                            15th day of the 4th month of the taxable year.
 City                            State                           Zip Code
                                                                                                           1

   Do not mail if you are paying electronically. If you are paying by check or money order, mail this voucher and payment to: 
                                 Nebraska Department of Revenue, PO Box 94818, Lincoln, NE 68509-4818.

                                                                                                                                                                         8-013-2020

                                                                                                                                                      FORM 1120N-ES
           Nebraska Corporation Estimated Income Tax
                                                                                                         Payment Voucher                              2021

   1  Estimated income tax (or amended estimated income tax).  
     Complete if this is an original or amended computation ...............                              1
   
    2 Amount of this installment (line 10 of estimated income tax
     worksheet or line 6 of Amended Computation Schedule) .............                                  2
    3 Amount of overpayment from last year applied to this
     installment (and not applied to the previous installment)...............                            3                    Nebraska Corporation Income Tax Rates for 2021
                                                                                                                              First $100,000 of       Taxable Income in
    4 Amount of this payment (line 2 minus line 3). Enter here and                                                            Taxable Income    5.58% Excess of $100,000 7.81%
     in your Record of Estimated Income Tax Payments ......................                              4
 Name Doing Business As (dba)                                                                              Nebraska ID Number Federal ID Number       Taxable Year Ending

 Legal Name
                                  
 Street or Other Mailing Address                                                                            This installment is due on or before the
                                                                                                            15th day of the 6th month of the taxable year.
 City                            State                           Zip Code                                  2

   Do not mail if you are paying electronically. If you are paying by check or money order, mail this voucher and payment to: 
                                 Nebraska Department of Revenue, PO Box 94818, Lincoln, NE 68509-4818.

                                                                                                                                                                         8-013-2020



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                                                                                                                               FORM 1120N-ES
           Nebraska Corporation Estimated Income Tax
                                                                                  Payment Voucher                              2021

   1  Estimated income tax (or amended estimated income tax).                       
        Complete if this is an original or amended computation ...............    1
    2 Amount of this installment (line 10 of estimated income tax
        worksheet or line 6 of Amended Computation Schedule) .............        2
    3 Amount of overpayment from last year applied to this
        installment (and not applied to the previous installment)...............  3                    Nebraska Corporation Income Tax Rates for 2021
                                                                                                       First $100,000 of       Taxable Income in
    4 Amount of this payment (line 2 minus line 3). Enter here and
        in your Record of Estimated Income Tax Payments ......................    4                    Taxable Income    5.58% Excess of $100,000 7.81%
 Name Doing Business As (dba)                                                       Nebraska ID Number Federal ID Number       Taxable Year Ending

 Legal Name
                                  
 Street or Other Mailing Address                                                     This installment is due on or before the
                                                                                     15th day of the 9th month of the taxable year.
 City                            State                           Zip Code           3

   Do not mail if you are paying electronically. If you are paying by check or money order, mail this voucher and payment to: 
                                 Nebraska Department of Revenue, PO Box 94818, Lincoln, NE 68509-4818.

                                                                                                                                                  8-013-2020

                                                                                                                               FORM 1120N-ES
           Nebraska Corporation Estimated Income Tax
                                                                                  Payment Voucher                              2021

   1  Estimated income tax (or amended estimated income tax).                       
        Complete if this is an original or amended computation ...............    1
    2 Amount of this installment (line 10 of estimated income tax
        worksheet or line 6 of Amended Computation Schedule) .............        2
    3 Amount of overpayment from last year applied to this
        installment (and not applied to the previous installment)...............  3                    Nebraska Corporation Income Tax Rates for 2021
                                                                                                       First $100,000 of       Taxable Income in
    4 Amount of this payment (line 2 minus line 3). Enter here and                                     Taxable Income    5.58% Excess of $100,000 7.81%
        in your Record of Estimated Income Tax Payments ......................    4
 Name Doing Business As (dba)                                                       Nebraska ID Number Federal ID Number       Taxable Year Ending

 Legal Name
                                  
 Street or Other Mailing Address                                                     This installment is due on or before the
                                                                                     15th day of the 12th month of the taxable year.
 City                            State                           Zip Code
                                                                                    4

   Do not mail if you are paying electronically. If you are paying by check or money order, mail this voucher and payment to: 
                                 Nebraska Department of Revenue, PO Box 94818, Lincoln, NE 68509-4818.

                                                                                                                                                  8-013-2020






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