Nebraska State Taxes 2024 - 2025

Nebraska state taxes include income tax, property tax, sales tax, and corporate tax, administered by the Nebraska Department of Revenue. Here's a detailed look at these taxes, relevant forms, due dates, filing requirements, exemptions, payment methods, and mailing addresses.

Nebraska state taxes include a variety of tax types such as income tax, property tax, sales tax, and corporate tax, all administered by the Nebraska Department of Revenue. The income tax in Nebraska is progressive, with rates ranging from 2.46% to 6.84% based on income brackets. All residents and part-year residents who meet the filing requirements must file a state income tax return using forms like Form 1040N and Form 1040N-ES. The deadline for filing these income tax returns is April 15th of the following year. For those with income not subject to withholding, estimated tax payments are due quarterly, typically on April 15, June 15, September 15, and January 15.

Nebraska Property Taxes

Nebraska property taxes are determined by local governments based on the assessed value of the property. Homeowners may be eligible for various property tax relief programs, including the Homestead Exemption, available to homeowners over age 65, disabled, or veterans. Property tax payments are usually due in two installments, with common due dates being December 31 and May 1, although these dates can vary by county. Property owners must pay directly to their local county treasurer’s office by mail or in person.

Nebraska Sales Tax

Nebraska Sales Tax

Sales tax in Nebraska is imposed at a state rate of 5.5%, with local municipalities able to add additional sales taxes. Retailers and businesses selling taxable goods and services must file sales tax returns using Form 94. The frequency of filing can be monthly, quarterly, or annually, depending on the volume of sales. Certain items, such as groceries and prescription medications, are exempt from sales tax. Payments for sales tax can be made online via the Nebraska Department of Revenue’s e-pay system, by mail, or in person at Nebraska Department of Revenue offices.

Corporate income tax in Nebraska is imposed on businesses operating within the state, with rates ranging from 5.58% to 7.81% based on income. Corporations must file their taxes using forms such as Form 1120N and Form 1120N-ES. The deadline for filing corporate income tax returns is April 15, aligning with the federal tax return due date. Similar to other tax types, payments can be made through the e-pay system, by mail, or in person at designated revenue offices.

Nebraska Tax Exemptions and Credits

Nebraska Tax Exemptions and Credits

Nebraska provides various exemptions and credits to reduce the tax burden on its residents. Taxpayers can claim personal exemptions for themselves and their dependents, and specific exemptions apply to certain types of retirement income. The state also offers property tax relief programs for low-income homeowners, the elderly, and disabled individuals, making it easier for them to manage their tax liabilities. Furthermore, the Homestead Exemption offers significant relief for eligible seniors, disabled individuals, and veterans.

How to Pay Nebraska State Taxes?

Nebraska offers several methods for making tax payments. The online e-pay system provided by the Nebraska Department of Revenue allows for secure and convenient tax payments and filings. Taxpayers can also mail checks or money orders directly to the Nebraska Department of Revenue, ensuring that payments include the appropriate forms. In-person payments are accepted at various Nebraska Department of Revenue offices, though it is advisable to check specific locations for operating hours and the services provided.

Mailing Address for Nebraska Taxes

For mailing payments, the Nebraska Department of Revenue’s main address is P.O. Box 94818, Lincoln, NE 68509-4818, although specific forms may have different mailing addresses. It is crucial for taxpayers to ensure their payments are directed to the correct address to avoid any processing delays.