Nebraska § 77-3172 Tax credit; eligibility; amount

Nebraska Statutes

§ 77-3172 — Tax credit; eligibility; amount

Nebraska § 77-3172

Ch. 77Revenue and Taxation

This text of Nebraska § 77-3172 (Tax credit; eligibility; amount) is published on Counsel Stack Legal Research, covering Nebraska primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Neb. Rev. Stat. § 77-3172 (2026).

Text

(1)For taxable years beginning or deemed to begin on or after January 1, 2026, under the Internal Revenue Code of 1986, as amended, there shall be allowed a credit against the income tax imposed by the Nebraska Revenue Act of 1967 for any taxpayer that is eligible for the federal adoption expenses tax credit provided in 26 U.S.C. 23.

(2)The credit shall be a refundable credit equal to ten percent of the federal tax credit allowed to the taxpayer under 26 U.S.C. 23 in the same taxable year.

Free access — add to your briefcase to read the full text and ask questions with AI

(1) For taxable years beginning or deemed to begin on or after January 1, 2026, under the Internal Revenue Code of 1986, as amended, there shall be allowed a credit against the income tax imposed by the Nebraska Revenue Act of 1967 for any taxpayer that is eligible for the federal adoption expenses tax credit provided in 26 U.S.C. 23.
(2) The credit shall be a refundable credit equal to ten percent of the federal tax credit allowed to the taxpayer under 26 U.S.C. 23 in the same taxable year.