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Get Nebraska Community Development Assistance Act

Ebraska Return 1040N 1041N 1065N 1120N 1120NF 1120-SN PART A Computation of the Credit 1 Community Development Assistance Act credit approved this year (individuals, partnerships, fiduciaries, S corporations, and limited liability companies (LLCs), see instructions)................................................................ 1 2 Unused credit carried over from 2007 through 2011 (list years )............................ 2 3 Total of your share of distributed credits f.

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Related content

Community Development Assistance Act (CDAA)
The Community Development Assistance Act enables DED to distribute a 40% state tax credit...
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85 Neb. Admin. Code, ch. 1C, § 009 - Approval...
009.01 After Individuals and Business Firms submit Form CDAA 1 to the Department with...
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Technical and Regulatory Guidance for In Situ...
4.4 Emergency Planning and Community Right-to-Know Act ... Permitting and manifesting...
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The credit is equal to the percentage announced by the state each year multiplied by the amount of School District Property Tax paid during the year. For 2022, the percentage is 30%.

The Community Development Assistance Act credit may be claimed by individuals or business firms that have been granted the tax credit by the Nebraska Department of Economic Development (DED). The credit is given for contributions to projects of community betterment organizations approved by the DED.

The Community Development Assistance Act enables DED to distribute a 40% state tax credit to businesses, corporations, insurance firms, financial institutions, and individuals that make eligible cash contributions or provide services and materials to approved community betterment projects.

The Nebraska Department of Revenue announced Tuesday that the real property tax credit for tax year 2023 will amount to $220.76 for the owner of a $200,000 home, and $264.90 for the owner of $200,000 worth of farmland.

The credit is only available for school district property taxes paid. The credit may be claimed by an individual, C Corporation, financial institution, or organization exempt from income tax.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate WorkFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232