Form 96 "Nebraska Floor Stocks Tax Return for Ethanol (E-100) Only" - Nebraska

What Is Form 96?

This is a legal form that was released by the Nebraska Department of Revenue - a government authority operating within Nebraska. As of today, no separate filing guidelines for the form are provided by the issuing department.

Form Details:

  • Released on December 1, 2004;
  • The latest edition provided by the Nebraska Department of Revenue;
  • Easy to use and ready to print;
  • Quick to customize;
  • Compatible with most PDF-viewing applications;
  • Fill out the form in our online filing application.

Download a fillable version of Form 96 by clicking the link below or browse more documents and templates provided by the Nebraska Department of Revenue.

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Download Form 96 "Nebraska Floor Stocks Tax Return for Ethanol (E-100) Only" - Nebraska

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Nebraska Floor Stocks Tax Return
FORM
for Ethanol (E-100) Only
96
• Read instructions below
nebraska
PLEASE DO NOT WRITE IN THIS SPACE
department
of revenue
RESET FORM
Federal Employer Identification Number
Nebraska Identification Number
NAME AND ADDRESS
·
ROUND TO WHOLE GALLONS. Round down all amounts less than .50 and round up all amounts .50 through .99.
1 Ending Nebraska inventory of ethanol as reported on line 11 of your December 2004 Schedule E 1
2 Less: ethanol inventory at Nebraska pipeline terminals or producer’s storage . . . . . . . . . . . . . . .
2
3 Total ethanol inventory subject to floor stocks tax (line 1 minus line 2) . . . . . . . . . . . . . . . . . . . . .
3
4 Total tax due (line 3 multiplied by .248) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
4 $
5 Less commission (0.05 of the first $5,000 PLUS 0.025 on excess over $5,000) . . . . . . . . . . . . . .
5
6 Net tax due (line 4 minus line 5). Pay in full with return . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
6
Under penalties of law, I declare that I have examined this report and to the best of my knowledge and belief, it is correct and complete.
sign
(
)
(
)
Authorized Signature
Telephone Number
Signature of Preparer Other than Taxpayer
Telephone Number
here
Title
Date
Address
Date
INSTRUCTIONS
ROUNDING. Round to whole gallons and dollars. Round
Example:
$5,000 @ .050 = $250.00
down all amounts less than .50 and round up all amounts of
2,525 @ .025 =
63.13
.50 through .99. On the two tiered commission calculation,
Total Commission = $313.13 round to $313
round only the final result.
Change in Point of Taxation of Ethanol (E-100)
The 2004 Legislature changed the point at which ethanol is
return even if you have no taxable ending inventory of
taxed in Nebraska. LB 983 results in ethanol being taxed in
ethanol on December 31, 2004.
the same manner as motor vehicle fuel (gasoline), upon
If you remit your recurring motor fuel tax liabilities via
receipt as opposed to upon its being blended with gasoline.
electronic funds transfer (EFT), remit this amount via EFT
This change will become effective January 1, 2005.
also. The payment must be identified as applying to tax
Because your December 31, 2004 inventory of ethanol is
category 76. If you remit your recurring motor fuel tax
tax free, non-terminal inventory must become tax paid to
liabilities via check, enclose a copy of this return with your
bring it into compliance with the new requirements of LB
check.
983. This law requires your December 31, 2004 non-
terminal inventory to be tax paid as of January 1, 2005;
If you have any questions regarding this matter, please
however, it further provides that you may defer remitting
contact your Account Representative.
that tax until June 30, 2005. You are required to file this
This form, accompanied by your payment of the net tax due, must be submitted no later than June 30, 2005 to:
MOTOR FUELS DIVISION, P.O. BOX 98904, LINCOLN, NE 68509-8904
12-2004
3-437-1994 Rev.
Supersedes 3-437-1994 Rev. 12-1999
Nebraska Floor Stocks Tax Return
FORM
for Ethanol (E-100) Only
96
• Read instructions below
nebraska
PLEASE DO NOT WRITE IN THIS SPACE
department
of revenue
RESET FORM
Federal Employer Identification Number
Nebraska Identification Number
NAME AND ADDRESS
·
ROUND TO WHOLE GALLONS. Round down all amounts less than .50 and round up all amounts .50 through .99.
1 Ending Nebraska inventory of ethanol as reported on line 11 of your December 2004 Schedule E 1
2 Less: ethanol inventory at Nebraska pipeline terminals or producer’s storage . . . . . . . . . . . . . . .
2
3 Total ethanol inventory subject to floor stocks tax (line 1 minus line 2) . . . . . . . . . . . . . . . . . . . . .
3
4 Total tax due (line 3 multiplied by .248) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
4 $
5 Less commission (0.05 of the first $5,000 PLUS 0.025 on excess over $5,000) . . . . . . . . . . . . . .
5
6 Net tax due (line 4 minus line 5). Pay in full with return . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
6
Under penalties of law, I declare that I have examined this report and to the best of my knowledge and belief, it is correct and complete.
sign
(
)
(
)
Authorized Signature
Telephone Number
Signature of Preparer Other than Taxpayer
Telephone Number
here
Title
Date
Address
Date
INSTRUCTIONS
ROUNDING. Round to whole gallons and dollars. Round
Example:
$5,000 @ .050 = $250.00
down all amounts less than .50 and round up all amounts of
2,525 @ .025 =
63.13
.50 through .99. On the two tiered commission calculation,
Total Commission = $313.13 round to $313
round only the final result.
Change in Point of Taxation of Ethanol (E-100)
The 2004 Legislature changed the point at which ethanol is
return even if you have no taxable ending inventory of
taxed in Nebraska. LB 983 results in ethanol being taxed in
ethanol on December 31, 2004.
the same manner as motor vehicle fuel (gasoline), upon
If you remit your recurring motor fuel tax liabilities via
receipt as opposed to upon its being blended with gasoline.
electronic funds transfer (EFT), remit this amount via EFT
This change will become effective January 1, 2005.
also. The payment must be identified as applying to tax
Because your December 31, 2004 inventory of ethanol is
category 76. If you remit your recurring motor fuel tax
tax free, non-terminal inventory must become tax paid to
liabilities via check, enclose a copy of this return with your
bring it into compliance with the new requirements of LB
check.
983. This law requires your December 31, 2004 non-
terminal inventory to be tax paid as of January 1, 2005;
If you have any questions regarding this matter, please
however, it further provides that you may defer remitting
contact your Account Representative.
that tax until June 30, 2005. You are required to file this
This form, accompanied by your payment of the net tax due, must be submitted no later than June 30, 2005 to:
MOTOR FUELS DIVISION, P.O. BOX 98904, LINCOLN, NE 68509-8904
12-2004
3-437-1994 Rev.
Supersedes 3-437-1994 Rev. 12-1999