If you conducted business or earned income in Nebraska, you may be subject to Nebraska state taxes. If this applies to you, please find below the details regarding key tax deadlines and extension information for 2024.
In Nebraska, you may:
Filing your taxes online is supported by most e-file software.
When filing by mail, ensure that your documents are postmarked by the due date.
Federal filing is required.
Amendments are allowed up to 3-years from the original date of filing.
Overview, Eligibility, and Limitations
Overview, Eligibility, and Limitations
Advantage Research and Development Act Program Overview
A business firm that incurs research and experimental expenditures (as defined in § 174 of the Internal Revenue Code) may claim a tax credit equal to 15 percent of the federal tax credit allowed.
Business firms that make expenditures in research and experimental activities on the campus of a college or university in Nebraska, or at a facility in Nebraska owned by a college or university, are allowed a tax credit equal to 35 percent of the federal credit instead of the usual 15 percent.
The tax credit based on these expenditures is allowed for the first tax year it is claimed and may be claimed for the following four tax years if the business continues to earn the federal credit and continues to have expenditures on campus.
If the business firm makes expenditures in research and experimental activities in Nebraska and in other states, the tax credit will be apportioned to determine the amount based on activities conducted in Nebraska.
Eligible Entities
C-Corporations, S-Corporations, LLCs, Partnerships
Credit Carryforward
The credit is allowed for the first tax year it is claimed and for the 20 tax years immediately following. The tax credit may be used to obtain a refund of sales and use taxes paid, or as a refundable income tax credit.
The research credit is refundable.
Credit Limitations
Employee work eligibility status must be electronically verified.
A business firm should utilize E-Verify, the federal electronic verification program that ensures all new employees are legally eligible to work in the United States.
E-Verify is a free and simple to use Web-based system that electronically verifies the employment eligibility of newly hired employees. E-Verify allows participating business firms to electronically compare employee information taken from the Form I-9, Employment Eligibility Verification, against the databases of the Social Security Administration and the Department of Homeland Security.
For additional information, go to the U.S. Citizenship and Immigration Service’s website at http://www.uscis.gov/portal/site/uscis and click on the E-Verify button.
What if an employee's eligibility's status cannot be verified?
The Nebraska Advantage Research and Development tax credit will not be granted unless the business firm can document that it has electronically verified the work eligibility status of all employees hired in Nebraska during the tax year for which the credit is claimed.
S-Corporation / Partnership
You must file in Nebraska by March 15, 2025.
Applicable R&D Forms
Form 3800N Worksheet RD – Research Tax Credit Worksheet
File the above form with the following tax forms:
Form 1120-SN – S-Corporation Income Tax Return
Form 1065N – Return of Partnership Income
Extension to File Taxes in Nebraska for 2024
Taxes owed in Nebraska for the tax year 2024 must be paid by March 15, 2025.
If a federal extension has been granted, additional time to file the Nebraska return may be obtained by filing a Form 7004N on or before the date that the federal extension expires.
Attach a copy of the Federal Form 7004 or approved federal extensions to the Form 7004N when filed.
The extension deadline is September 15, 2025.
Note that this extension pertains to the filing deadline, not the payment deadline.
Payment of taxes owed is still due by March 15, 2025.
C-Corporation
You must file in Nebraska by April 15, 2025.
Applicable R&D Forms
Form 3800N Worksheet RD – Research Tax Credit Worksheet
File the above form with the following tax forms:
Form 1120N – Nebraska Corporation Income Tax Return
Extension to File Taxes in Nebraska for 2024
Taxes owed in Nebraska for the tax year 2024 must be paid by April 15, 2025.
If a federal extension has been granted, additional time to file the Nebraska return may be obtained by filing a Form 7004N on or before the date that the federal extension expires.
Attach a copy of the Federal Form 7004 or approved federal extensions to the Form 7004N when filed.
The extension deadline is October 15, 2025.
Note that this extension pertains to the filing deadline, not the payment deadline.
Payment of taxes owed is still required by April 15, 2025.
Sole-Proprietorship
Sole-Proprietorship
You must file in Nebraska by April 15, 2025.
Applicable R&D Forms
Not eligible
File the above form with the following tax forms:
Form 1040N – Individual Income Tax Return
Extension to File Taxes in Nebraska for 2024
Taxes owed in Nebraska for the tax year 2024 must be paid by April 15, 2025.
If a federal extension has been granted, additional time to file the Nebraska return may be obtained by filing a Form 7004N on or before the date that the federal extension expires.
Attach a copy of the Federal Form 7004 or approved federal extensions to the Form 7004N when filed.
The extension deadline is October 15, 2025.
Note that this extension pertains to the filing deadline, not the payment deadline.
Payment of taxes owed is still required by April 15, 2025.
References
We strive to ensure the accuracy of the information on this page, but it is not intended as tax or legal advice. Please use your own professional judgment and consult with a tax professional. Any advice you provide in connection with tax return preparation must comply in full with the requirements of IRS Circular 230.