Taxes in Nebraska > Sources of Major State and Local Taxes > Income Tax > Individual Income Tax > DATA: Federal Adjusted Gross Income and Nebraska Tax Liability Net of Non-Refundable Credits compiled by Income Deciles

FEDERAL ADJUSTED GROSS INCOME AND NEBRASKA TAX LIABILITY NET OF NON-REFUNDABLE CREDITS COMPILED BY INCOME DECILES

1998- LB 401, Nebraska Individual Income Tax Rate Cut.

For Tax Years after 1998 the Nebraska Liability Net of Non-Refundable credits has been modified to include the effect of the Refundable Child Care credit (Refundable child care credit amounts equal to the liability amounts are considered as non-refundable portions for
calculation purposes).

Rate increase effective for 2003.

Source: Nebraska Department of Revenue, Statistics of Income