LINE 8-inch-square baking pan with foil.
COMBINE sugar, evaporated milk, butter and salt in medium, heavy-duty saucepan. Bring to a full rolling boil over medium heat, stirring constantly. Boil, stirring constantly, for 4 to 5 minutes. Remove from heat.
STIR in marshmallows, morsels, nuts and vanilla extract. Stir vigorously for 1 minute or until marshmallows are melted. Pour into prepared pan; refrigerate until firm. Lift from pan; remove foil. Cut into 48 squares. Top squares with icing and jelly beans.
FOR MILK CHOCOLATE FUDGE:
Substitute 1 3/4 cups (11.5-ounce package) NESTLÉ TOLL HOUSE Milk Chocolate Morsels for Semi-Sweet Morsels.
FOR BUTTERSCOTCH FUDGE:
Substitute 1 2/3 cups (11-ounce package) NESTLÉ TOLL HOUSE Butterscotch Flavored Morsels for Semi-Sweet Morsels.