| Single Taxpayers |
| If taxable income is: |
| |
| over |
but not over |
The Nebraska tax is: |
| $0 |
$2,400 |
|
2.56% of taxable income |
| 2,400 |
17,000 |
$61.44 + |
3.57% of the excess over $2,400 |
| 17,000 |
26,500 |
$582.66 + |
5.12% of the excess over $17,000 |
| 26,500 |
----- |
$1,069.06 + |
6.84% of the excess over $26,500* |
| $99 personal exemption credit is phased out beginning at $70,000 AGI |
| Married Taxpayers Filing Joint Returns and Surviving Spouses |
| If taxable income is: |
| |
| over |
but not over |
The Nebraska tax is: |
| $0 |
$4,000 |
|
2.56% of taxable income |
| 4,000 |
30,000 |
$102.40 + |
3.57% of the excess over $4,000 |
| 30,000 |
46,750 |
$1,030.60 + |
5.12% of the excess over $30,000 |
| 46,750 |
----- |
$1,888.20 + |
6.84% of the excess over $46,750* |
| $99 personal exemption credit is phased out beginning at $116,000 AGI |
| Married Taxpayers Filing Separate Returns |
| If taxable income is: |
| |
| over |
but not over |
The Nebraska tax is: |
| $0 |
$2,000 |
|
2.56% of taxable income |
| 2,000 |
15,000 |
$51.20 + |
3.57% of the excess over $2,000 |
| 15,000 |
23,375 |
$515.30 + |
5.12% of the excess over $15,000 |
| 23,375 |
----- |
$944.10 + |
6.84% of the excess over $23,375* |
| $99 personal exemption credit is phased out beginning at $58,000 AGI |
| Head of Household |
| If taxable income is: |
| |
| over |
but not over |
The Nebraska tax is: |
| $0 |
$3,800 |
|
2.56% of taxable income |
| 3,800 |
24,000 |
$97.28 + |
3.57% of the excess over $3,800 |
| 24,000 |
35,000 |
$818.42 + |
5.12% of the excess over $24,000 |
| 35,000 |
----- |
$1,381.62 + |
6.84% of the excess over $35,000* |
| $99 personal exemption credit is phased out beginning at $97,000 AGI |
*If adjusted gross income is $139,500 or more ($69,750 if married filing separate), Nebraska allowed deductions are reduced and marginal tax rates are phased out (see the Nebraska Additional Tax Rate Schedule for 2003).
