Report any adjustments increasing federal adjusted gross income including, but not limited to:

• Federal net operating loss deduction. Enter the amount deducted as a federal net operating loss carryforward from your federal AGI. You must include this loss as an increase to adjusted gross income. A previously established net operating loss may be deducted.
• S Corporation and Limited Liability Company (LLC) non-Nebraska loss. Enter the amount of loss from an S corporation or LLC that is not from Nebraska sources. You must include this loss as an increase to adjusted gross income.
• Any other allowable adjustments increasing federal adjusted gross income

Your contributions are used by the Nebraska Game and Parks Commission to protect and manage Nebraska's nongame and at-risk birds, mammals, amphibians, fish, reptiles, and invertebrates. The fund will help prevent species from becoming endangered by managing, restoring, and protecting their habitat.

For more information, contact:

Nebraska Game and Parks Commission, Wildlife Division
2200 North 33rd Street
Lincoln, NE 68503-0370
or call 1-402-471-0641
or visit www.outdoornebraska.org

The purpose of the Campaign Finance Limitation Act is to lessen the reliance of candidates on contributions from special interest organizations by providing contributed funds to assist in financing election campaigns of candidates seeking statewide offices.

For more information, contact: Nebraska Accountability and Disclosure Commission
11th Floor, State Capitol, P.O. Box 95086
Lincoln, NE 68509-5086
call 1-402-471-2522
or visit www.nadc.state.ne.us

If your school district appears on the screen, simply select it and FREETAXUSA will provide the appropriate school district number based on your selection. If it does not show up, go to the Nebraska Department of Revenue forms website and open the "2009 High School District Codes" form. All school districts are listed in the individual income tax booklet.

You may select "Other" on this screen and manually type in the school district number.

Interest or dividend income included in federal adjusted gross income from the following sources qualifies for subtraction from Nebraska income:

1. U.S. government bonds, such as series EE and HH savings bonds
2. U.S. Treasury bills
3. U.S. government notes
4. U.S. government certificates
5. Commodity Credit Corporation
6. Federal Home Loan Banks
7. Federal Reserve Banks
8. Federal Savings and Loan Insurance Corporation
9. Tennessee Valley Authority bonds
10. Interest on debentures issued to mortgagees of mortgages foreclosed under the National Housing Act if insured after February 3, 1938
11. Postal Service bonds
12. Retirement bonds as provided by I.R.C. section 409
13. Farm Credit Bank Consolidated System-wide bonds
14. Farm Credit System including the following members unless noted elsewhere:
1. Federal Land Banks and Federal Land Bank Associations
2. Federal Intermediate Credit Banks
3. Federal Farm Mortgage Corporation
4. Any other institution chartered by and subject to the supervision of the Farm Credit Administration unless noted elsewhere
15. General Service Administration Participation Certificates
16. Federal Housing Finance Board
17. Resolution Trust Corporation
18. Reconstruction Finance Corporation

Interest, but NOT dividend income, included in federal adjusted gross income from the following sources qualifies for subtraction from Nebraska income:

1. Federal Deposit Insurance Corporation (F.D.I.C)
2. Student Loan Marketing Association
3. Production Credit Association
4. Central Bank for Cooperatives

Interest or dividend income from the following sources DOES NOT qualify for subtraction from Nebraska income: (Do NOT enter your information if your interest or dividend income came from one of these sources):

1. Federal or State Banks
2. Federal or State Savings and Loan Associations
3. Building and Loan Associations
4. Postal Savings Accounts (discontinued in 1966)
5. Export Import Bank bonds
6. Federal or State Credit Unions
7. Interest on debentures issued to mortgagees of mortgages foreclosed under the National Housing Act if insured before February 3, 1938
8. Interest on federal income tax refunds
9. Farmers Home Administration
10. New Community debentures
11. Merchant Marine bonds
12. Ship Financing bonds
13. U.S. Merchant Marine Ship notes
14. U.S. Merchant Marine Offshore Ship Services notes
15. Federal Home Loan Mortgage Corporation
16. World Bank
17. International Bank for Reconstruction and Development bonds
18. Asian Development Bank notes and bonds
19. Inter-American Development Bank bonds
20. Interest from U.S. Government Government Life Insurance (unless exempted by I.R.C. section 101[d][1][B])
21. Bankers' Acceptance
22. Certificates of Deposit
23. Penn Central Transportation certificates
24. Federal Financing Bank
25. Federal National Mortgage Association (FNMA's)
26. Federal Mortgage Corporation (FMC's)
27. Governmental National Mortgage Association (GNMA's)
28. Crysler Corporation secured notes
29. Lockheed convertible bonds
30. Washington Metropolitan Area Transit Authority bonds

The simple calculation method is to sum the amount of depreciation previously added back from tax years 2000 through 2005, and multiply the total by 20%. This is the amount of your allowed subtraction.

Add together any Section 179 amount previously added back for 2003, 2004, and/or 2005. Multiply this total by 20%. This is the amount of your allowed Enhanced Section 179 Subtraction.

Nebraska resident individuals may elect to deduct from their adjusted gross income the extraordinary dividends paid on and the gain received from the sale or exchange of capital stock of a "qualified" corporation acquired either because of employment by the corporation or while employed by the "qualified" corporation. "Extraordinary dividend" means any dividend exceeding 20 percent of the fair market value of the stock on which it is paid as of the date the dividend is declared. Individuals are entitled to one election during their lifetime for the capital stock of one "qualified" corporation.

Special Capital Gains Election Computation, Form 4797N, must be sent to the Nebraska Department of Revenue to report your election. Visit Nebraska's website to obtain this form.

When claiming the Extraordinary Dividend Deduction, a copy of Federal Schedule B is required.

S Corporation and Limited Liability Company non-Nebraska Income. Income from an S corporation or limited liability company that is not from Nebraska sources is deductible. Income from partnerships, LLP's, and other entities cannot be deducted.

Native American Indian reservation Income. Native American Indians residing on a Nebraska Native American Indian reservation with income derived from sources within the boundaries of the reservation may deduct such income.

Claim of right repayment. A taxpayer who is required on a federal return to take a credit for a claim of right repayment may deduct the amount of the repayment.

Nebraska net operating loss carryforward. A Nebraska net operating loss from an earlier year which is available for carryforward to 2009 may be deducted.

Nebraska ag revenue and federally taxable NIFA bonds. Income from bonds which are subject to federal income tax but exempt from Nebraska tax by Nebraska law may be deducted. Be sure to specify which type of bond for which you are deducting income.

Federally Taxable Build America Bonds Issued by Nebraska Governmental Units. The America Recovery and Revitalization Act of 2009 established a category of federally taxable bonds that are exempt under Nebraska law. Income from these bonds may be deducted.

Nebraska Revenue Ruling 22-09-01 states that certain line items from the federal Form 6251 will be adjusted for Nebraska purposes. FREETAXUSA will make these calculation changes, given the information you provide on this screen.

The credit for taxes paid to another state is to alleviate any double taxation of income. If you were required to pay tax in another state on income that is included in your Nebraska adjusted gross income, this income would be taxed again by Nebraska if not for the credit. If you paid tax to another state on income included in your Nebraska AGI, enter the amount of tax paid as well as the amount of income. If you earned income in another state that was NOT taxed by the other state, do NOT enter the information associated with that income.