ESBT returns (1041 NE)

There is an ESBT worksheet provided by the state of Nebraska which calculates the ESBT tax. Onvio Tax carries the ESBT tax amount to page 1 of Form 1041N, line 9, but does not display ESBT income on page 1. 

For a Full ESBT return, Form 1041N lines 1 – 8 will be blank. The data included on the worksheets is net of expenses, but prior to any beneficiary distributions. You cannot distribute ESBT income to beneficiaries.


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