Nebraska introduces a tax credit program for working parents with child care costs, starting in 2024.

Nebraska has introduced a tax credit program to assist working parents with child care costs. Starting in the 2024 tax year, parents of children aged 5 or younger can claim up to $2,000 per child for incomes up to $75,000, or $1,000 for incomes between $75,000 and $150,000. Additionally, businesses can receive non-refundable credits for donations to improve child care availability. A $15 million budget aims to support approximately 15,000 children.

September 02, 2024
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