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What is Nebraska withholding tax?

If an employee can not document the number of allowances on the Federal W\u20114 and the documentation supports a lesser number, which number of allowances should be used for Nebraska income tax withholding purposes? The law specifies a withholding rate of 1.5%.

What is a form 941N?

941N Nebraska Income Tax Withholding Return.

Who can claim the Nebraska Property Tax Incentive Act credit?

More background on the credit can be found at: https://revenue.nebraska.gov/about/nebraska-income-tax-credit-school-district-taxes-paid-nebraska-property-tax-incentive-act-0. The person who paid the property taxes on a parcel is the only person who claim the credit.

Does Nebraska have a state income tax form?

Do I have to file a Nebraska Individual Income Tax Return? Yes. You must file a Form 1040N. For regular income, you will receive credit for any taxes paid to the other state by completing a Nebraska Schedule I and attaching a copy of the other state's income tax return.

How many allowances should I claim?

Claiming 1 allowance is typically a good idea if you are single and you only have one job. You should claim 1 allowance if you are married and filing jointly. If you are filing as the head of the household, then you would also claim 1 allowance. You will likely be getting a refund back come tax time.

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