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Nebraska Advantage Microenterprise Tax Credit

Nebraska Department of Revenue (NDR)NE-MICRO-TC
Max per Applicant

$10K

Maximum a single org can receive

Deadline

Rolling / No deadline

Jurisdiction

Nebraska

About This Program

Refundable income tax credits for Nebraska microenterprises with 5 or fewer employees that increase employment and investment, providing a 20% credit on increases in compensation and capital investment.

Key Requirements & Eligibility

  • 1Business must have 5 or fewer employees at time of application
  • 2Must increase compensation paid to Nebraska employees
  • 3Must increase capital investment in Nebraska
  • 4Credit: 20% of the increase in compensation plus 20% of the increase in investment
  • 5Refundable: excess credits paid in cash; maximum credit $10,000 per year

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Apply or Learn More

Visit the official page to review full eligibility requirements and apply.

Official Source
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Applicable Industries

Small BusinessAgriculture & RuralRetailFood & Beverage
Official Source