Personal Income Tax in Nebraska

April 13, 2006

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If you are a resident or nonresident of Nebraska and receive taxable income individually from property owned or business transacted in Nebraska, you are subject to tax on net income. Therefore, if you are operating your business as an S corporation, partnership, limited liability company, or sole proprietorship, you will be subject to a personal income tax on your business income that passes through to you.

The following rates are in effect for the 2006 tax year, and apply to the amount of income over the exempted amount:

Married Taxpayers Filing Joint Returns and Surviving Spouses
Taxable Income	Tax Rate
Not over $4,000	2.56%
Over $4,000 but not over $31,000	$102.40 plus 3.57% of excess over $4,000
Over $31,000 but not over $50,000	$1,066.30 plus 5.12% of excess over $31,000
Over $50,000	$2,039.10 plus 6.84% of excess over $50,000

Married Taxpayers Filing Separately
Taxable Income	Tax Rate
Not over $2,000	2.56%
Over $2,000 but not over $15,500	$51.20 plus 3.57% of excess over $2,000
Over $15,500 but not over $25,000	$533.15 plus 5.12% of excess over $15,500
Over $25,000	$1,019.55 plus 6.84% of excess over $25,000

Head of Household
Taxable Income	Tax Rate
Not over $3,800	2.56%
Over $3,800 but not over $25,000	$97.28 plus 3.57% of excess over $3,800
Over $25,000 but not over $35,000	$854.12 plus 5.12% of excess over $25,000
Over $35,000	$1,366.12 plus 6.84% of excess over $35,000

Single Taxpayer
Taxable Income	Tax Rate
Not over $2,400	2.56%
Over $2,400 but not over $17,500	$61.44 plus 3.57% of excess over $2,400
Over $17,500 but not over $27,000	$600.51 plus 5.12% of excess over $17,500
Over $27,000	$1,086.91 plus 6.84% of excess over $27,000