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Nebraska
By the Numbers

Nebraska Below is a snapshot of key features of Nebraska's tax system. (Scroll Down)
State & Local Revenue (FY10)
  • General Revenue, Own-Source (GROS): $11.2 billion
  • General Revenue as a Share of Income: 15.8%
  • Tax Revenue: $7.4 billion
  • Tax Revenue as Share of income: 10.4%
  • Personal Income Tax (Share of Tax Revenue): 20.6% (28 out of 51)
  • Corporate Income Tax (Share of Tax Revenue): 2.1 % ( 37 out of 51)
  • Sales & Excise Tax (Share of Tax Revenue): 31.9 % ( 30 out of 51)
  • Property Tax (Share of Tax Revenue): 36.8 % ( 19 out of 51)
  • Other Taxes (Share of Tax Revenue): 6.4 % (20 out of 51)
Personal Income Tax Features (2012)
  • Range of Tax Rates: 2.56% - 6.84%
  • Standard Deduction: $5,950 ($11,900 for Married Couples)
  • Personal Exemption: Credit= $120 (2011)
  • Dependent Exemption: Credit= $120 (2011)
  • Earned Income Tax Credit (EITC): 10% Refundable
  • Personal exemption is available as a credit
Corporate Income Tax Features (2012)
  • Range of Tax Rates: 5.58% - 7.81%
  • Income Level at Which Top Rate Applies: $100,000
  • Combined Reporting: Yes
  • Apportionment Factor (Payroll): 0%
  • Apportionment Factor (Property): 0%
  • Apportionment Factor (Sales): 100%
Sales Tax Features (2012)
  • State Sales Tax Rate: 5.50%
  • Average Local Sales Tax Rate: 0.50%
  • Average Combined State & Local Sales Tax Rate: 6.00%
  • State Sales Tax Treatment of Groceries: Exempt
  • Local Sales Tax Treatment of Groceries: Exempt
  • Number of Services Taxed: 30 out of 168 surveyed (2007)
  • Streamlined Sales Tax Membership: Full
  • Sales tax applies to digital goods and services
  • Sales tax applies to digital goods and services
Property Tax Features (2012)
  • Levies a car tax.
  • Does not provide a meaningful homestead exemption or circuit breaker for non-elderly taxpayers.
Other Tax & Revenue Features (2012)
  • Gasoline Tax Rate (per gallon): $0.272
  • Diesel Tax Rate (per gallon): $0.266
  • Cigarette Tax Rate (per pack): $0.64
  • Estate or Inheritance Tax: Yes
  • Net Lottery Sales Per Capita: $67 (2010)
Tax Policy Oversight
  • Tax Expenditure Report: Yes
  • Tax Incidence Analysis Capability: Multiple taxes

Last Updated October 4, 2012

Sources & Glossary