Nebraska State Tax Filing

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Nebraska Tax Details

The Nebraska Department of Revenue made a few changes for the 2021 tax year.

Nebraska increased tax thresholds and the personal exemption credit. Also, they now allow subtractions for employer contributions to the Nebraska Educational Savings Plan and for Segal AmeriCorps Education Awards. The subtraction for social security benefits has been expanded so that taxpayers whose AGI exceeds the threshold for the full subtraction can now subtract up to 5% of their taxable social security benefits. This year, the Nebraska Property Tax Credit cannot be claimed by pass-through entity owners if the entity paid the taxes in the 2021 tax year.

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