1065N: Partnership return with Schedule A (2025)
Nebraska · Nebraska DOR · Used for tax years 2025
Form 1065N is the 2025 Nebraska Return of Partnership Income. It reports partnership income, Nebraska adjustments, applicable taxes, credits, payments, and any amount due or refund. Schedule A lists adjustments that increase or decrease ordinary business income.
What you'll need
- Federal Form 1065 and Schedule K: Use these to report ordinary business income and the income, losses, and deductions requested on Nebraska Schedule A. Paper filers must attach a copy of the federal return and supporting schedules.
- Business information: Have the partnership’s legal name, mailing address, federal and Nebraska ID numbers, business classification code, principal Nebraska business activity, and date business began in Nebraska.
- Schedules for applicable credits and withholding: The form calls for a schedule for the premium tax credit, Form 3800N for its nonrefundable credit, Form 1099-NEC for Nebraska income tax withheld, and Form PTC for the community college property tax credit.
- Lower-tier partnership PTET credits: Attach Schedules K-1N. Attach a separate schedule if credits came from more than one partnership.
- Credit certificate numbers: If claiming the listed credits, have the certificate numbers from Form ETC-A, SR-3604, or Form CCTC-A.
- Electronic refund information: Have the bank routing number, account number, and account type.
How to file
- Complete both pages of Form 1065N and the applicable schedules. A partner or member must sign and date the return.
- E-file: The form encourages all filers to e-file their return, including Schedules K-1N.
- Paper filing: Attach a copy of the federal return and supporting schedules. Mail the return and payment to:
Nebraska Department of Revenue
PO Box 94818
Lincoln, NE 68509-4818
- If paying electronically, check the electronic-payment box on line 29.
Common mistakes
- Do not fill in the loss-related lines incorrectly. If line 5 shows a loss, do not complete lines 6 through 17, 19, or 20. If line 5 is less than zero, do not complete columns (E), (F), or (G) on Schedule II.
- Do not skip page 2. The form specifically reminds filers to complete it.
- Do not omit federal attachments when filing on paper. Attach the federal return and supporting schedules.
- Do not include distributed PTET credits on line 27. The amount distributed to partners on Schedule PTET belongs in line 27e and is not included in the line 27 total.
- Do not enter a negative amount on line 17. If line 16 is greater than line 6, enter zero.
Questions people ask
How do I transfer Schedule A totals to Form 1065N?
Enter Schedule A, line 13, on Form 1065N, line 2. Enter Schedule A, line 24, on Form 1065N, line 3. These are the adjustments that increase and decrease ordinary business income.
What if the partnership has nonresident individual partners?
Check “Yes” to the nonresident-partner question and complete Schedule II unless box 5 is checked.
How is the 2025 electing pass-through entity tax calculated on line 6?
If box 5 is checked, multiply line 5 by .0520 and enter the result on line 6. If line 5 shows a loss, the form says not to complete lines 6 through 17, 19, or 20. Box 5 also directs the partnership to complete Schedule PTET.
Can I receive a refund electronically?
Yes. Complete lines 35a, 35b, and 35c with the routing number, account type, and account number. Check line 35d if the refund will go to a bank account outside the United States.
Can I apply an overpayment to next year’s estimated tax?
Yes. On the 2025 return, enter on line 33 the amount of the line 32 overpayment you want applied to your 2026 estimated tax. Line 34 is the remaining amount to be refunded.