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Love is In the Air, and So are Tax Credits

If you paid Nebraska property taxes in 2021 you may be entitled to a refundable credit on your tax return this year.

The Nebraska Property Tax Incentive Act provides a refundable credit for any taxpayer who pays school district property taxes. These are taxes levied by a school district (or multiple districts) on real property. This credit is available for all income tax years beginning January 2020.

This refundable credit is available to individuals, LLCs, Corporations, Partnerships, and Fiduciaries. The credit is claimed on Form PTC by using the property tax lookup tool set up by the state.

Contact your tax preparer to see if you are entitled to this Nebraska Income Tax credit.

Property Tax Lookup Tool