2013 Nebraska Revised Statutes
Chapter 77 - REVENUE AND TAXATION
77-2715.03 - Individual income tax brackets and rates; Tax Commissioner; duties; tax tables; other taxes; tax rate.
77-2715.03. Individual income tax brackets and rates; Tax Commissioner; duties; tax tables; other taxes; tax rate.
(1) For taxable years beginning or deemed to begin on or after January 1, 2013, and before January 1, 2014, the following brackets and rates are hereby established for the Nebraska individual income tax:
Individual Income Tax Brackets and Rates | ||||||
Bracket | Single | Married, | Head of | Married, | Estates | Tax |
Number | Individuals | Filing | Household | Filing | and | Rate |
Jointly | Separate | Trusts | ||||
1 | $0-2,399 | $0-4,799 | $0-4,499 | $0-2,399 | $0-499 | 2.46% |
2 | $2,400- | $4,800- | $4,500- | $2,400- | $500- | |
17,499 | 34,999 | 27,999 | 17,499 | 4,699 | 3.51% | |
3 | $17,500- | $35,000- | $28,000- | $17,500- | $4,700- | |
26,999 | 53,999 | 39,999 | 26,999 | 15,149 | 5.01% | |
4 | $27,000 | $54,000 | $40,000 | $27,000 | $15,150 | |
and Over | and Over | and Over | and Over | and Over | 6.84% |
(2) For taxable years beginning or deemed to begin on or after January 1, 2014, the following brackets and rates are hereby established for the Nebraska individual income tax:
Individual Income Tax Brackets and Rates | ||||||
Bracket | Single | Married, | Head of | Married, | Estates | Tax |
Number | Individuals | Filing | Household | Filing | and | Rate |
Jointly | Separate | Trusts | ||||
1 | $0-2,999 | $0-5,999 | $0-5,599 | $0-2,999 | $0-499 | 2.46% |
2 | $3,000- | $6,000- | $5,600- | $3,000- | $500- | |
17,999 | 35,999 | 28,799 | 17,999 | 4,699 | 3.51% | |
3 | $18,000- | $36,000- | $28,800- | $18,000- | $4,700- | |
28,999 | 57,999 | 42,999 | 28,999 | 15,149 | 5.01% | |
4 | $29,000 | $58,000 | $43,000 | $29,000 | $15,150 | |
and Over | and Over | and Over | and Over | and Over | 6.84% |
(3) Whenever the tax brackets or tax rates are changed by the Legislature, the Tax Commissioner shall update the tax rate schedules to reflect the new tax brackets or tax rates and shall publish such updated schedules.
(4) The Tax Commissioner shall prepare, from the rate schedules, tax tables which can be used by a majority of the taxpayers to determine their Nebraska tax liability. The design of the tax tables shall be determined by the Tax Commissioner. The size of the tax table brackets may change as the level of income changes. The difference in tax between two tax table brackets shall not exceed fifteen dollars. The Tax Commissioner may build the personal exemption credit and standard deduction amounts into the tax tables.
(5) For taxable years beginning or deemed to begin on or after January 1, 2013, the tax rate applied to other federal taxes included in the computation of the Nebraska individual income tax shall be 29.6 percent.
(6) The Tax Commissioner may require by rule and regulation that all taxpayers shall use the tax tables if their income is less than the maximum income included in the tax tables.
Source
- Laws 2012, LB970, ยง 5.
Disclaimer: These codes may not be the most recent version. Nebraska may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.