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Taxpayers are reminded to claim their refundable credits for school district and community college property taxes paid when filling their Nebraska income tax return. The Nebraska Property Tax Look-Up Tool is now updated with all 2023 property tax and payment records. Nebraska Property Tax Look-up Tool
Credit for Property Taxes Paid in 2022 and after. The credit is available for both school district and community college property taxes paid. An individual or entity may claim the credit by filing the appropriate Nebraska tax return together with a Nebraska Property Tax Credit, Form PTC (Form PTC). Credit for Property Taxes paid in 2021.
The credits for school district and community college property taxes paid may be claimed by completing a Nebraska Property Tax Credit, Form PTC, and submitting it with your Nebraska income tax return.
Aug 20, 2024 · LINCOLN — Nebraska taxpayers are likely to see a small bump in property tax relief on their tax statements for next year, but much less relief than Gov. Jim Pillen requested. Legislative Bill 34 , which passed 40-3 on the final day of the Legislature’s special session Tuesday, provides $185 million in new tax relief , or about 3.5% over the ...
5 days ago · The revised plan suggested a $750 million investment into the School District Property Relief Credit Fund to kickstart property tax relief. Nebraska homeowners can expect property tax credits to ...
2 days ago · Nebraska has long offered property tax credits known as homestead exemptions for owner-occupied homes owned by veterans, people with disabilities and homeowners who are 65 or older. Homestead ...
6 days ago · LB 34 repurposes the 1107 property tax credit income tax credit and automatically sends it to taxpayers. LB 2 and LB 3 provide an additional $185 million in relief through budget cuts and cash ...
6 days ago · The 17 day special legislative session that was called to address property tax relief ended Tuesday afternoon Nebraska lawmakers ended the session by passing LB 34. The bill will provide additional money for the state’s property tax credit program. “The 40-45 percent of people that weren’t claiming their credit are now going to get it on ...
Apr 3, 2024 · The credit allows people to get back 30 percent of the taxes they paid toward schools and 55 percent of the taxes paid toward community colleges when they file their Nebraska state income tax. This...
Nov 23, 2020 · Apply for the refundable credits using the 2022 Nebraska Property Tax Credit Form. Find out more information here and direct questions to Nebraska Taxpayer Assistance: 800-742-7474 (NE and IA) or 402-471-5729.
