Nebraska Taxes

Nebraska taxes individual income at graduated rates. For tax year 2026 (rates effective January 1, 2026) the bracket rates are 2.46%, 3.51% and 4.55%, with 4.55% as the top rate — down from a 5.20% top rate in 2025. The 2026 personal exemption is $176, and the standard deduction is $8,850 for single filers and $17,700 for married couples filing jointly. The corporate income tax rate for 2026 is also 4.55%.

Nebraska's motor-fuel tax on gasoline, gasohol, ethanol, undyed diesel products and compressed fuels is 31.8 cents per gallon for July 1 through December 31, 2026 — the same rate that applied January 1 through June 30, 2026. The Department of Revenue sets the rate for each six-month period, so it can change on January 1 and July 1. Other fuels carry their own state rates: aviation gasoline 5 cents per gallon, jet fuel 3 cents per gallon, and dyed diesel and dyed diesel blends 0.25 cents per gallon effective October 1, 2026. These are state rates only.

No sales-tax holiday.

Nebraska property tax is a local tax. The county assessor values all real and personal property (railroads, public service entities and certain air-carrier and rail-car property are valued by the state Property Tax Administrator). Real property is assessed at or near 100% of actual value, except agricultural and horticultural land, which is assessed at or near 75% of actual value; business personal property is assessed at 100% of net book taxable value. Each year, on or before October 15, the county board of equalization levies the taxes for the county, school districts, cities, community colleges, natural resource districts and other local authorities; each body's rate is its budget request divided by the taxable value in its boundaries, and your bill is your taxable value times the consolidated rate of your tax district, so bills vary by district. Business personal property returns are due to the county assessor by May 1.