revenue.ne.gov tax current f_3800wkst_2006

Research and Development Credit Worksheet FORM
3800N
nebraska
for Tax Year 2006
department
Worksheet
• See important instructions on reverse side
of revenue
Name as Shown on Form 3800N Social Security Number or Nebraska Identification Number

BASE AMOUNT RESEARCH AND DEVELOPMENT CREDIT YEARS
A B C D E F G
1st Year of Research 1st 2nd 3rd 4th
2nd Prior Year 1st Prior Year
and Development Succeeding Year Succeeding Year Succeeding Year Succeeding Year
1 Enter applicable tax year end date
1
(mo/day/yr) . . . . . . . . . . . . . . . . . . . . . . . . . .
$ $ $ $ $ $ $
2 Enter total qualified research expenses
(from Federal Form 6765, line 9 or line 28)
2
(see instructions) . . . . . . . . . . . . . . . . . . . . .

. . . . . . .
3 Nebraska property factor . . . . . . . . . . . . . . . 3 % % % % % % %
. . . . . . .
4 Nebraska payroll factor . . . . . . . . . . . . . . . . 4 % % % % % % %
. . . . . . .
5 Add lines 3 and 4 . . . . . . . . . . . . . . . . . . . . . 5 % % % % % % %
6 Average property and payroll factors
. . . . . . .
% % % % % % %
6
(line 5 ÷ 2) . . . . . . . . . . . . . . . . . . . . . . . . . .
7 Nebraska research expenditures $ $ $ $ $ $ $
7
(line 2 x line 6) (see instructions) . . . . . . . . .
8 Base amount [(column A, line 7 + column B, $
line 7) ÷ 2]. Enter here and in columns C
8
through G . . . . . . . . . . . . . . . . . . . . . . . . . . .
$ $ $ $ $
9 Increase in research expenditures line 7 minus line 8 . . . . . . . . . . . . . . . . . . . . . . . . . 9
10 Nebraska Research and Development Credit (line 9 x 3%) . . . . . . . . . . . . . . . . . . . . . 10
USE OF RESEARCH AND DEVELOPMENT CREDIT
11 Amount of credit (refundable to the entity claiming the credit) from line 10 used on
Nebraska income tax return. Enter on line 22 of Form 3800N . . . . . . . . . . . . . . . . . . . 11
12 Amount of credit used for sales/use tax refunds of taxes paid on qualifying expenditures
(see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12
13 Amount of credit (nonrefundable) distributed to partners, shareholders, members,
or certain fiduciary beneficiaries (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
14 Total credit usage (line 11 + 12 + 13). Total cannot exceed line 10 . . . . . . . . . . . . . . . 14
Schedule A — Distribution of Research and Development Credit
Name of Partner, Social Security Number or Share of
Amount of Credit
Shareholder, Member or Beneficiary* Nebraska Identification Number Income or Ownership
1
2
3
4
5
6
7
8
9
10
11 Total (enter here and on line 13 of the Research and Development Credit Worksheet above) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11
*Note: Each partner, S corporation shareholder, LLC member, and beneficiary should be notified of the distributed share of the Research and Development credit.
8-625-2007

INSTRUCTIONS
WHO MAY FILE. Any business firm making expenditures from line 9 or line 28, as appropriate, of Federal Form 6765
in research and experimental (R&D) activities as defined in for each applicable tax year.
section 174 of the Internal Revenue Code may claim a credit LINES 3 AND 4. The Nebraska property and payroll
equal to 3 percent of the amount expended on such activities factors are determined pursuant to Neb. Rev. Stat. sections
which is in excess of the “base amount”. The “base amount” 77-2734.12 and 77-2734.13, respectively. Round the factors
is the average amount expended in R&D activities by the to 4 decimals places and enter as a percent.
business firm in this state in the two tax years immediately
LINE 7. Multiply line 2 by the average factor calculated
preceding the first tax year that the credit is claimed.
on line 6. If not apportioning expenditures, enter the
Business firm means any business entity including a amount of actual Nebraska R&D expenditures. Supporting
corporation, fiduciary, sole proprietorship, partnership, joint documentation must be attached if reporting the actual
venture, limited liability company, or other private entity amount of Nebraska R&D expenditures.
that is subject to sales tax under Neb. Rev. Stat. section
LINE 12. Claims may be filed quarterly for refunds of
77-2703.
state sales/use taxes paid, either directly or indirectly,
WHEN AND WHERE TO FILE. This credit computation after the filing of the income tax return for the tax year in
worksheet must be completed and attached to the Nebraska which the credit was first allowed. A taxpayer is deemed to
Incentives Credit Computation, Form 3800N. The credit is have paid indirectly any state sales/use taxes paid by the
allowed for the first tax year it is claimed and for the four tax contractor on annexed building materials in a project built
years immediately following. for the taxpayer. The contractor must either certify the actual
SPECIFIC INSTRUCTIONS amount of taxes paid or certify that state sales/use taxes
LINE 1. Enter in column C the first tax year end date for were paid on all annexed building materials, in which case it
which the credit is being claimed, then enter in the other will be presumed that 40 percent of the project cost was for
columns the applicable tax year end dates that correspond to building materials on which the tax was paid. The contractor
the column C tax year end. must maintain documentation to adequately support any
certification made.
LINE 2. The amount expended in R&D activities in this
LINE 13. Credits must be distributed in the same percentage
state in any tax year may be determined either by satisfactory
proof of purchase or by apportioning the amount deducted as income is distributed to the recipient. The credit is a
nonrefundable credit in the hands of the recipient and may
on the federal income tax return. If using actual Nebraska
R&D expenditures, skip lines 2 through 6 and enter the actual only be used against the recipient’s Nebraska income tax
expenditure amounts on line 7. Otherwise enter the amount liability.

Nebraska Renewable FORM
3800N
Energy Tax Credit Worksheet
nebraska
department
Worksheet
of revenue
Name as Shown on Form 3800N Social Security Number or Nebraska Identification Number

1 Enter total kilowatt-hours of electricity generated by a qualifying new zero-emission facility . . . . . . . . 1

2 Nebraska Renewable Energy Tax Credit. Multiply line 1 by $0.075 . . . . . . . . . . . . . . . . . . . . . . . . . . . 2
USE OF THE CREDIT
3 Amount of credit from line 2 used to reduce Nebraska income tax liability. Enter here and on
3
line 15, Form 3800N . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
4 Amount of credit from line 2 used to obtain a refund of Nebraska sales and use taxes paid by the
producer of electricity generated by a qualifying zero-emission facility. (Note: The total of line 3 plus
4
line 4 cannot exceed the amount of the credit calculated on line 2). . . . . . . . . . . . . . . . . . . . . . . . . . .

INSTRUCTIONS
WHEN AND WHERE TO FILE. This credit computation
WHO MAY FILE. Any producer of electricity generated by
a new zero-emission facility located in this state is eligible worksheet must be completed and attached to the Nebraska
for a tax credit for electricity generated at such facility on or Incentives Credit Computation, Form 3800N.
after July 14, 2006. To qualify, the facility must have a rated
production of one megawatt or greater, must utilize eligible
SPECIFIC INSTRUCTIONS
renewable resources (wind, moving water, solar, geothermal,
LINE 1. Enter the total kilowatt-hours of electricity generated
fuel cell, methane gas, or photovoltaic technology) as its
by a qualifying zero-emission facility on or after July 14,
fuel source, and its operation must result in no pollution or
2006 and before January 1, 2007.
emissions that are or may be harmful to the environment
as certified by the Department of Environmental Quality.
LINE 3. Enter the amount of the credit from Line 2
For further information, please contact the Department of
which is being used to reduce the taxpayer’s Nebraska
Environmental Quality at (402) 471-2186.
income tax liability. This amount must also be entered on
Note: The total amount of credits that may be used by all
Line 15, Form 3800N. Attach a copy of this worksheet to
taxpayers is limited to $400,000. The credits will be allowed
Form 3800N.
in the order in which they were claimed.

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