Nebraska Advantage Act Incentive Computation, Form 312N
Cautions
- There are multiple versions of the schedules and instructions for this form that are based on your tier and application date. You must use the appropriate version to calculate benefits correctly. To find the tier and application date of your project, please refer to page 1 of your Nebraska Advantage Act Agreement.
- Taxpayers with multiple projects may need to use different versions of the forms for each project.
- Open an additional window of instructions to click on hyperlinked information freely. Otherwise, you may lose previously entered data on the forms.
For use with Forms 1120N, 1120-SN, 1120NF, 1065N, 1041N, and 1040N
Any taxpayer who has filed an application for a Nebraska Advantage Act project must file Form 312N, with supporting schedules, for each year beginning with the filing of the application through the expiration of all incentives under the Act. Form 312N and supporting schedules must be filed as an attachment to the taxpayer's Nebraska income tax, financial institution, or partnership return.
Form 312XN - Amended Nebraska Advantage Act Incentive Computation
Tiers 1, 2, 3, or 4 Application Date
9/6/2013 or Later
- Form 312N, Nebraska Advantage Act Incentive Computation, Pages 1 and 2
- Schedule A, Employment Calculation
- Schedule B, Investment Calculation (does not apply to Tier 3)
- Schedule I, Estimated Sales or Use Tax Refunds
- Schedule II, Ownership Analysis and Distribution of Tax Credits
- Schedule III, Changes to the Project
- Schedule V, Nebraska Advantage Act Exemption (Tiers 2 LDC and 5LDC only)
7/15/2010 to 9/5/2013
- Form 312N, Nebraska Advantage Act Incentive Computation, Pages 1 and 2
- Schedule A, Employment Calculation
- Schedule B, Investment Calculation (does not apply to Tier 3)
- Schedule I, Estimated Sales or Use Tax Refunds
- Schedule II, Ownership Analysis and Distribution of Tax Credits
- Schedule III, Changes to the Project
- Schedule IV, Ownership Verification Statement
- Schedule V, Nebraska Advantage Act Exemption (Tiers 2 LDC and 5LDC only)
10/1/2009 to 7/14/2010
- Form 312N, Nebraska Advantage Act Incentive Computation, Pages 1 and 2
- Schedule A, Employment Calculation
- Schedule B, Investment Calculation (does not apply to Tier 3)
- Schedule I, Estimated Sales or Use Tax Refunds
- Schedule II, Ownership Analysis and Distribution of Tax Credits
- Schedule III, Changes to the Project
- Schedule IV, Ownership Verification Statement
4/18/2008 to 9/30/2009
- Form 312N, Nebraska Advantage Act Incentive Computation, Pages 1 and 2
- Schedule A, Employment Calculation
- Schedule B, Investment Calculation (does not apply to Tier 3)
- Schedule I, Estimated Sales or Use Tax Refunds
- Schedule II, Ownership Analysis and Distribution of Tax Credits
- Schedule III, Changes to the Project
- Schedule IV, Ownership Verification Statement
Prior to 4/18/2008
- Form 312N, Nebraska Advantage Act Incentive Computation, Pages 1 and 2
- Schedule A, Employment Calculation
- Schedule B, Investment Calculation (does not apply to Tier 3)
- Schedule I, Estimated Sales or Use Tax Refunds
- Schedule II, Ownership Analysis and Distribution of Tax Credits
- Schedule III, Changes to the Project
- Schedule IV, Ownership Verification Statement
Tier 5 Application Date
9/6/2013 or Later
- Form 312N, Nebraska Advantage Act Incentive Computation, Pages 1 and 2
- Schedule A, Employment Calculation
- Schedule B, Investment Calculation (does not apply to Tier 3)
- Schedule I, Estimated Sales or Use Tax Refunds
- Schedule II, Ownership Analysis and Distribution of Tax Credits
- Schedule III, Changes to the Project
- Schedule IV, Ownership Verification Statement
7/15/2010 to 9/5/2013
- Form 312N, Nebraska Advantage Act Incentive Computation, Pages 1 and 2
- Schedule A, Employment Calculation
- Schedule B, Investment Calculation (does not apply to Tier 3)
- Schedule I, Estimated Sales or Use Tax Refunds
- Schedule II, Ownership Analysis and Distribution of Tax Credits
- Schedule III, Changes to the Project
- Schedule IV, Ownership Verification Statement
10/1/2009 to 7/14/2010
- Form 312N, Nebraska Advantage Act Incentive Computation, Pages 1 and 2
- Schedule A, Employment Calculation
- Schedule B, Investment Calculation (does not apply to Tier 3)
- Schedule I, Estimated Sales or Use Tax Refunds
- Schedule II, Ownership Analysis and Distribution of Tax Credits
- Schedule III, Changes to the Project
- Schedule IV, Ownership Verification Statement
On or Before 9/30/2009
- Form 312N, Nebraska Advantage Act Incentive Computation, Pages 1 and 2
- Schedule A, Employment Calculation
- Schedule B, Investment Calculation (does not apply to Tier 3)
- Schedule I, Estimated Sales or Use Tax Refunds
- Schedule II, Ownership Analysis and Distribution of Tax Credits
- Schedule III, Changes to the Project
- Schedule IV, Ownership Verification Statement
Tier 6 Application Date
9/6/2013 or Later
- Form 312N, Nebraska Advantage Act Incentive Computation, Pages 1 and 2
- Schedule A, Employment Calculation
- Schedule B, Investment Calculation
- Schedule I, Estimated Sales or Use Tax Refunds
- Schedule II, Ownership Analysis and Distribution of Tax Credits
- Schedule III, Changes to the Project
- Schedule IV, Ownership Verification Statement
7/15/2010 to 9/5/2013
- Form 312N, Nebraska Advantage Act Incentive Computation, Pages 1 and 2
- Schedule A, Employment Calculation
- Schedule B, Investment Calculation
- Schedule I, Estimated Sales or Use Tax Refunds
- Schedule II, Ownership Analysis and Distribution of Tax Credits
- Schedule III, Changes to the Project
- Schedule IV, Ownership Verification Statement
