iCalculator™ NE (US)"Informing, Educating, Saving Money and Time in Nebraska"
US Tax 2024

iCalculator™ US: Nebraska Tax Calculators

Welcome to iCalculator™ US, your comprehensive suite of free tax calculators for Nebraska. iCalculator™ has provided free tax calculators for Nebraska since 2014. Since those early days we have extended our resources for Nebraska to includes Tax Guides, Tax Videos and enhanced the tax calculators and supporting tax information. View all tax calculators and tools in the Nebraska Tax Hub or use the Nebraska Tax Calculator for 2024 (2025 Tax Return).

Nebraska Tax Calculator 2024
*** Please enter your income ***
Advanced Nebraska Salary Calculator 2024
FICA (Federal Insurance Contributions Act):
Itemized Deductions:
Retirement Plan Contributions:
About you:
About your spouse (complete if Married filing Jointly:
Local Taxes and Additional Taxes:
Additional Nebraska State Tax Deductions and Credits:
Additional Federal Tax Deductions and Credits:
Work Time Settings [for fine tune computation of hourly rates etc.]:
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Nebraska Tax Calculator 2024/25

The Nebraska Tax Calculator is for the 2024 tax year which means you can use it for estimating your 2025 tax return in Nebraska, the calculator allows you to calculate income tax and payroll taxes and deductions in Nebraska. This includes calculations for

  1. Employees in Nebraska to calculate their annual salary after tax.
  2. Employers to calculate their cost of employment for their employees in Nebraska.

The Nebraska Tax Calculator for 2024 encompasses a comprehensive suite of features to cater to your tax calculation needs. Key features include detailed calculations for Federal Income Tax based on the latest tax tables and allowances, FICA contributions covering both Social Security and Medicare, and automatic calculations for the Earned Income Tax Credit (EITC). Additionally, it allows for the consideration of retirement plan contributions, including 401(k), 403(b), SARSEP, and 457 plans, as well as SIMPLE plans, with specific limits for 2024. The calculator also supports Schedule A (Form 1040) for Federal Itemized Deductions, local tax calculations, and the inclusion of additional taxes or deductions.

For those seeking a deeper understanding and more detailed information on these features, including how they apply to your individual tax situation, it's recommended to view the comprehensive instructional overview here. This additional resource provides extensive insights into each feature, ensuring you can maximize your tax deductions and credits effectively for the 2024 tax year.

Discover Nebraska, United States

Location and Geography

Nebraska, situated in the Midwestern region of the United States, is known for its vast prairies and significant agricultural contributions. It is bordered by South Dakota to the north, Iowa and Missouri to the east, Kansas to the south, and Colorado and Wyoming to the west. The state's geography is diverse, featuring rolling hills, plains, and the unique Sand Hills region in the west. Nebraska's landscape is shaped by its rivers, most notably the Missouri River, which forms part of its eastern boundary, and the Platte River, which runs through the state.

Cultural Significance

Historically, Nebraska has been a crossroads for various indigenous peoples and European settlers. The state's name, derived from the Oto Indian word "Nebrathka" meaning "Flat Water," is a nod to the Platte River. Nebraska's history is deeply connected to the westward expansion of the United States, with many settlers passing through the state during the 19th century. Today, Nebraska is often referred to as the "Cornhusker State," reflecting its deep agricultural roots.

Economic Overview

Nebraska's economy is primarily driven by agriculture, with the state being a leading producer of corn, soybeans, and beef. The fertile soils of Nebraska have supported a robust farming and cattle industry since statehood. In addition to agriculture, Nebraska has developed a diversified economy with significant contributions from sectors such as manufacturing, finance, and transportation. The state's strategic location in the central United States has facilitated the development of a comprehensive transportation network, crucial for both agriculture and industry.

For more information on Nebraska's neighboring states, you can visit the following links:

Overview of Taxation in Nebraska, United States

In Nebraska, just as in other parts of the United States, the tax system encompasses both federal and state-level taxes. For the purposes of this overview, the focus will be on the state tax system in Nebraska, highlighting the different types of state taxes and the overall structure of tax compliance.

State Tax System in Nebraska

Nebraska's state tax system is comprehensive, with various types of taxes contributing to state revenue. Key components of the tax system include:

  • Individual Income Tax: Nebraska's individual income tax is based on a graduated system, where the tax rates increase progressively with the level of taxable income. This system is designed to impose a greater tax burden on those with higher incomes, thereby providing some relief to lower-income individuals. The tax calculation starts with the federal adjusted gross income and includes certain state-specific adjustments and credits.
  • Corporate Income Tax: The state also imposes a corporate income tax on businesses. Like the individual income tax, this is a graduated tax, with the rates varying depending on the income level of the business.
  • Sales Taxes: Nebraska levies a state sales tax on most retail sales of tangible personal property and certain services. In addition, local jurisdictions in Nebraska may impose their own sales taxes, which can vary across different localities within the state.
  • Property Taxes: While property taxes are primarily administered at the local level, they form a crucial part of the overall tax revenue in Nebraska. Property tax rates and assessments are determined at the local level but play a significant role in funding local services and infrastructure.

Tax Compliance and Administration

Ensuring compliance with tax laws and regulations is vital in Nebraska's tax system. The Nebraska Department of Revenue is responsible for administering these laws, including tax collection and enforcement. Taxpayers, both individuals and businesses, must meet various filing requirements and deadlines to remain compliant. Nebraska offers online services for filing and payments, and provides resources and assistance to taxpayers to aid in tax compliance.