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Form 1065N, Schedule II: 1065 Nebraska (NE)
Form 1065N, Schedule II includes all partners. If
Partnership only has portfolio income
is marked on the NEGen
screen, columns E through G won't calculate. Additionally, Form 1065N, Schedule II, column (C) refers to ownership percentage; but, in accordance with the Schedule II instructions, is a calculated amount determined by dividing the partner's NE income by the partnership NE income.