Some of my clients work or conduct business in Nebraska, so I keep an eye on what’s happening with taxes there. The tax rates and tax brackets in Nebraska will be changing in 2013 and 2014, and I thought this was worth passing along.

The bill, signed into law on April 10, reduces tax rates starting in 2013, and changes the tax brackets starting in 2014. You can read news coverage here and here. And for those of you who love densely worded legislative bills, you can find the full text of the bill here.

Here’s a summary of what the bill does to tax rates

Current Nebraska Tax Rates

Married Filing Jointly
Head of Household
Single & Married Filing Separately
2.56%
$0-4,799
$0-4,499
$0-2,399
3.57%
4,799-34,999
4,500-27,999
2,400-17,499
5.12%
35,000-53,999
28,000-39,999
17,500-26,999
6.84%
54,000+
40,000+
27,000+

2013 Nebraska Tax Rates

Married Filing Jointly
Head of Household
Single & Married Filing Separately
2.46%
$0-4,799
$0-4,499
$0-2,399
3.51%
4,799-34,999
4,500-27,999
2,400-17,499
5.01%
35,000-53,999
28,000-39,999
17,500-26,999
6.84%
54,000+
40,000+
27,000+

2014 Nebraska Tax Rates

Married Filing Jointly
Head of Household
Single & Married Filing Separately
2.46%
$0-5,999
$0-5,599
$0-2,999
3.51%
6,000-35,999
5,600-28,799
3,000-17,999
5.01%
36,000-57,999
28,800-42,999
18,000-28,999
6.84%
58,000+
43,000+
29,000+

“This blog post, along with comments that may follow, should not be considered tax advice. Before you make final tax or financial decisions, please secure a professional tax advisor to give you advice about your unique situation. To secure Jason as your accountant, please click on the ‘Services’ link at the top of the page.”