Nebraska R&D Tax Credit Summary

R&D Tax Credit Available

Yes

STATE

Nebraska

NAME

Research Tax Credit

DOES IT APPLY TO C-CORPS & PASS THROUGHS?

Applies to any business entity that is “subject to sales tax”

DESCRIPTION

Refundable credit with similar definition to federal for Qualified Research Expenses and Qualified Research Activities, except only include Nebraska-based expenses. Credit is based on Federal credit.

PERCENTAGE

15% of federal credit amount.