Nebraska State Income TaxesThe state of Nebraska collects income taxes on April 15th, much the way the IRS and 44 other states do.
This page:
• Lists basic Nebraska state tax information
• Links to the major Nebraska income tax forms
• Shows you how you can save time and money by e-filing
Nebraska state taxes at a glance:Tax Rate Range*: Low - 2.56%; High - 6.84%
Income Brackets: Lowest - $2,400; Highest - $26,500
Number of Brackets: 4
Tax Credit: Single - $103; Married - $206; Dependents - $103
Standard Deduction: Federal Amount
Medical/Dental Deduction: Federal amount
Federal Income Tax Deduction: None
*Note:The tax brackets listed here are for single individuals. Married filing jointly taxpayers pay using the same rates for income starting at $4,000 and ending at $46,750.
Filing your Nebraska state income tax returnFor most taxpayers the filing status is usually the same, however there areexceptions to the rule. Married military members often file separate on theNebraska return and joint on the federal.
Also if married couple areare not living in the same state, they may file married filing joint for the federal return and married filing separate forthe state tax return.
Nebraska allows taxpayers to choose whether to itemize deductions or take the standard deduction regardless of what you did on your federal return.
Besides the personal exemption credit, which is worth $97 per each federal exemption, Nebraska offers the following credits:
• Credit for taxes paid to another state
• Credit for the elderly
• CDAA Credit (Community Development Assistance Act)
• 3800N Credit
• 829N Credit
• credit for child and dependent care expenses
• gasoline tax credit
• Beginning Farmer Credit
The common deductions allowed in Nebraska are:
• State income tax refund deduction.
• Taxable Tier I or II benefits (railroad retirement board)
• Special Capital Gains election
• Nebraska self-employed health insurance deduction
• Nebraska College Savings Plan contribution deduction
• Native American Indian Reservation Income
• Nebraska Net Operating Loss carry forward
For a full list of credits and deductions check the Nebraska Department of Revenue website.
Nebraska residents pay tax on retirement income that is taxedfederally. This also applies to retirement income from another state.
Capital gains are taxed at the same rate as the rest of your Nebraska income.
As a nonresident employed in Nebraska, you must file Form 1040N and Schedule III.
Sidebar
You can work on your Nebraska tax return online while filing your federal return (you can work on it for free, and pay nothing until you are ready to file).
Note: if you are filing more than one state return, you must file a paper return for each additional state, as TurboTax for The Web only allows one state prep.
Nebraska income tax formsThe main Nebraska tax forms are:
Form 1040N | 2006 Nebraska Individual Income Tax Return| Instructions
Form 1040NS | Short State Income Tax Return
Form 1040N | Schedules I, II, III - Adjustments and Credits
If you need Nebraska income tax forms that are not listed here, you can download them from the Nebraska tax forms site.
Or, just simply e-file!
Additional NE state taxes helpIf you need help with your federal tax return, start with our basic guide to tax filing.
For additional help with filing NE income tax returns, see the official site of the Nebraska Department of Revenue.
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