Nebraska homeowners with major flood damage to their property may be able to get a tax break using forms released by the state Department of Revenue. Skip to content NOWCAST KETV NewsWatch 7 at Noon ...

Options include increasing the personal exemption from $6,100 of $7,500 per person for low income earners, reducing the top rate for individual income tax from 6.84% to 5.5% to bring it in line ...

However, the bill also eliminates the property tax credit for the year 2023, and that’s the bad news, which in turn makes it a property tax increase for 2023. The State of Nebraska needs to ...

Nebraska child care providers who received thousands of dollars in COVID-19-related stimulus funds will ultimately have to return up to a quarter of that money during tax time.

“This year, the percentage of credit is 6% based on the funds available and so in this example, this taxpayer would enter $163. And then this amount would go on your Nebraska income tax return ...

That process can be started on Child Care Tax Credit Act page of the Nebraska Department of Revenue’s website, where the form to fill out with your 2024 gross income can be found.