Nebraska Tax FAQs

• taxmOuth Nebraska Tax FAQs

Nebraska Tax Forms

• taxmOuth Nebraska Tax Forms

Nebraska Corporate Taxes

• taxmOuth Nebraska Corporate Taxes
• Nebraska Tax Rates & Brackets:
  
  5.58%> $0
  7.81%> $50,000
  
• Loss Carry-back/fwd: 0 Years Back / 5 Years Forward (Unlimited)
• Throwback Sales?: N
• Foreign Tax Deductible?: Y
• Alternative Minimum Tax (AMT): N
• Gross Receipts Tax: N
• Capital Stock (Net Worth) Tax?: 0.030% ($15,000 max.)

Nebraska Tax Incentives and Credits

• taxmOuth Nebraska Tax Credits
• Job Credits?: Y
• R&D Credits?: Y
• Investment Credits?: Y

Nebraska Individual Income Taxes

• taxmOuth Nebraska Individual Income Taxes
• Nebraska tax rates and brackets:
  
  2.6%> $0
  3.57%> $2,400
  5.12%> $17,500
  6.84%> $27,000
  
• Local Option IT Rate: None
• Federal Inc used as Base?: Y
• Standard Deductions: Single $5,450 / Joint $10,900
• Personal Exemptions/Credits (c): Single $106(c) / Joint $212(c) / Dependent $106(c)
• Federal Tax Deductible?: N
• State Tax Deductible?: Y
• Alternative Minimum Tax (AMT)?: Y

Nebraska Estate, Gift and Inheritance Taxes

• taxmOuth Nebraska Estate and Gift Taxes
• Gift Tax?: N
• Estate Tax?: Decoupled
• Inheritance Tax?: Y
• Generation-Skipping Tax?: N

Nebraska Miscellaneous Taxes

• taxmOuth Nebraska Miscellaneous Taxes
• Gas Tax: 26.9 cents/gallon
• Diesel Tax: 26.3 cents/gallon
• Cigarette Tax: 64.0 cents/20 pack

Nebraska Pass-through Tax Treatment

• taxmOuth Nebraska Pass-through Entity Tax
• LLC Pass-through Recognized?: Y
• S-Corp Pass-through Recognized?: Y

Nebraska Payroll Taxes

• taxmOuth Nebraska Payroll Taxes
• Unemployment Insurance Tax Index (TaxFoundation.org): #15

Nebraska Property Taxes

• taxmOuth Nebraska Property Taxes
• Median Tax Paid on Homes (Rank): $2,175 (#18)
• Median Value of Homes: $126,500
• Tax as % of Home Value (Rank): 1.72% (#3)
• Median Income of Homeowner: $60,963
• Tax as % of Income (Rank): 3.57% (#11)

Nebraska Sales and Use Taxes

• taxmOuth Nebraska Sales and Use Taxes
• State Rate: 5.5%
• County & City (Weighted Ave): 1.01%
• Combined State and Ave. Local Rates (Rank): 6.51% (#27)
• General Treatment of Services: Exempt
• Gasoline: Exempt
• Groceries: Exempt