The Gworks website showing property is one use for inheritance tax revenue. This shows the square in Stromsburg. Graphic by PCN.
LB 1067 has been introduced in this session of the Nebraska Legislature which would eliminate the inheritance tax in Nebraska over the course of a five year period.
Currently, under Nebraska Statute 77-2004, any direct descendant of someone who passes, after January 1, 2023, would have to pay 1% of the clear market value in excess of $100,000. For example, if you inherited $500,000, y...
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