Individual Income Tax Data for Returns with No Economic Incentive Provisions

Table F4: Nebraska Individual Income Tax Data for Returns with No Economic Incentive Provisions by Size of Adjusted Gross Income, Tax Year 2003 (Money amounts are in thousands of dollars, except where indicated) - Resident Returns
(Returns which DO NOT use 3800N Credits or the Special Capital Gains Provision)
	Size of Adjusted Gross Income (1000'$)
Item	<0-0	>0-10	>10-20	>20-25	>25-30	>30-40	>40-50	>50-75	>75-100	>100-200	>200-500	>500-1,000	>1,000-5,000	>5,000	all
Federal Adjusted Gross Income
number of returns	66,980	102,145	117,132	58,486	52,301	80,309	64,041	108,883	52,315	37,402	7,769	1,251	476	37	749,527
amount	-550,387	569,479	1,761,411	1,314,413	1,435,879	2,792,351	2,871,135	6,677,073	4,481,789	4,839,739	2,223,810	840,814	827,927	619,227	30,704,661
Nebraska Income Tax Liability after Credits
number of returns	256	38,587	92,729	54,474	50,323	78,404	63,057	107,978	52,082	37,286	7,737	1,245	471	35	584,664
amount	710	2,093	19,692	21,371	28,402	65,151	76,655	213,591	175,677	229,169	132,111	51,095	46,701	16,925	1,079,343
Adjustments Decreasing AGI (Part B - Schedule I)
number of returns	3,344	3,523	8,356	6,188	7,717	18,014	20,523	49,403	31,730	25,428	5,041	933	387	35	180,622
amount	347,583	10,326	22,229	15,576	15,664	31,515	32,828	76,138	51,784	68,786	65,014	53,311	106,059	295,787	1,192,601
Adjustments Increasing AGI (Part A - Schedule I)
number of returns	3,958	1,634	2,884	1,743	1,861	3,518	3,343	6,486	4,224	5,351	2,741	707	348	36	38,834
amount	413,592	14,280	20,661	11,324	11,650	23,655	21,919	46,217	34,077	62,306	55,274	25,080	24,703	77,772	842,511
Other Credits
number of returns	11	1,040	2,570	1,819	1,817	3,176	3,094	5,946	3,407	3,235	1,168	245	130	14	27,672
amount	9	34	344	438	594	1,338	1,657	4,318	3,232	4,619	3,799	1,576	1,082	524	23,565
Child Care Credit - Non-Refundable
number of returns	0	0	0	0	599	5,497	6,484	14,918	7,634	4,626	584	62	9	0	40,413
amount	0	0	0	0	78	657	718	1,752	876	488	61	8	1	0	4,637
Child Care Credit - Refundable
number of returns	671	1,258	4,782	3,332	2,603	0	0	0	0	0	0	0	0	0	12,646
amount	365	563	2,925	1,912	700	0	0	0	0	0	0	0	0	0	6,466
3800N Credit
number of returns	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
amount	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Part B - Schedule I: Adjustments Decreasing AGI
U S Government Obligations
number of returns	433	2,362	3,945	2,098	2,062	3,793	3,576	7,180	4,458	4,155	1,372	335	166	25	35,960
amount	725	1,842	5,559	3,237	3,097	6,830	6,649	14,975	11,750	16,003	11,513	7,716	6,562	99,989	196,447
Taxable Tier I & Tier II Benefits
number of returns	36	187	901	479	447	613	431	722	293	144	19	*	*	0	4,274
amount	265	1,085	7,766	5,961	6,025	9,839	7,331	15,129	6,425	3,015	279	*	*	0	63,157
Special Capital Gains Election
number of returns	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
amount	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
College Savings Plan
number of returns	16	19	65	81	138	282	466	1,933	1,918	2,282	619	98	20	0	7,937
amount	14	16	51	60	102	221	356	1,567	1,699	2,132	610	97	20	0	6,945
Other Adjustments /1/
number of returns	2,776	528	476	239	238	349	347	619	377	621	488	162	133	18	7,371
amount	318,794	7,015	7,019	4,629	3,545	6,442	7,765	15,077	10,700	22,179	41,484	40,873	88,346	169,237	743,104
Part A - Schedule I: Adjustments Increasing AGI
Bonus Depreciation Add-Back
number of returns	1,889	766	1,514	995	1,051	1,857	1,708	2,769	1,559	1,904	1,148	350	183	20	17,713
amount	11,811	2,115	4,596	2,247	2,477	5,720	4,807	11,068	8,274	15,444	21,448	11,718	13,022	3,066	117,813
Enhanced Section 179 Add-Back
number of returns	1,640	582	1,095	725	710	1,194	1,057	1,478	793	954	584	186	104	4	11,106
amount	2,528	2,310	5,117	3,483	4,325	9,151	8,669	18,631	14,370	22,436	15,359	5,838	3,640	184	116,042
Nebraska AGI
number of returns**	563	102,006	117,016	58,420	52,266	80,277	64,024	108,861	52,305	37,389	7,761	1,249	474	37	682,648
amount	13,506	573,907	1,760,051	1,310,805	1,431,951	2,784,552	2,860,260	6,647,674	4,464,460	4,833,825	2,217,374	814,484	748,654	401,212	30,862,715
$/return	23,989	5,626	15,041	22,438	27,397	34,687	44,675	61,066	85,354	129,285	285,707	652,109	1,579,439	10,843,568	45,210
Average Rate, %	5.26	0.36	1.12	1.63	1.98	2.34	2.68	3.21	3.94	4.74	5.96	6.27	6.24	4.22	3.50
*suppressed for disclosure purposes.
** returns only where Nebraska AGI is greater than zero.
/1/ Mainly s-corporation shareholders' or limited liability company members' income from non-Nebraska sources.
Average rate is as percent of Nebraska Adjusted Gross Income