Nebraska Worksheet 6-Imputation of Childcare Tax Credit

• Category: Nebraska Statewide - District Court - Child Support
• State: Nebraska
• Control #: NE-SKU-0934
• Format: PDF

Description

Worksheet 6-Imputation of Childcare Tax Credit Nebraska Worksheet 6-Imputation of Childcare Tax Credit is a form used by Nebraska taxpayers to compute the amount of the Childcare Tax Credit they are eligible to claim. This form is used by taxpayers who have incurred expenses for childcare, either in their own home or for someone else’s, and who qualify for the credit. The form is part of the Nebraska state income tax return. There are two types of Nebraska Worksheet 6-Imputation of Childcare Tax Credit: the Basic Credit and the Enhanced Credit. The Basic Credit is available to taxpayers with income below a certain threshold and is equal to 25% of the amount of childcare expenses paid during the tax year. The Enhanced Credit is available to taxpayers with income above the same threshold and is equal to 50% of the amount of childcare expenses paid during the tax year. Both the Basic and Enhanced Credit are subject to a maximum amount of $1,000.

Nebraska Worksheet 6-Imputation of Childcare Tax Credit is a form used by Nebraska taxpayers to compute the amount of the Childcare Tax Credit they are eligible to claim. This form is used by taxpayers who have incurred expenses for childcare, either in their own home or for someone else’s, and who qualify for the credit. The form is part of the Nebraska state income tax return. There are two types of Nebraska Worksheet 6-Imputation of Childcare Tax Credit: the Basic Credit and the Enhanced Credit. The Basic Credit is available to taxpayers with income below a certain threshold and is equal to 25% of the amount of childcare expenses paid during the tax year. The Enhanced Credit is available to taxpayers with income above the same threshold and is equal to 50% of the amount of childcare expenses paid during the tax year. Both the Basic and Enhanced Credit are subject to a maximum amount of $1,000.