Provide for an income tax adjustment for tip income
Bill 6 SummaryMain Purpose: Provide an income tax adjustment for tip income.Key Provisions:- Allows individuals to subtract tipped wages from their federal adjusted gross income fo
Bill 6 SummaryMain Purpose: Provide an income tax adjustment for tip income.Key Provisions:- Allows individuals to subtract tipped wages from their federal adjusted gross income fo
Main Purpose: Provide an income tax adjustment for tip income.
Key Provisions:
- Allows individuals to subtract tipped wages from their federal adjusted gross income for Nebraska state income tax purposes, beginning in the 2025 tax year.
Affected Parties:
- Nebraska workers who receive tip income
Procedural/Timeline Aspects:
- The bill has been scheduled for a hearing before the Revenue Committee on March 14, 2025.
Compiled from official sources — confirm details with the bill’s official record.
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