That credit, which shows up on the yearly property tax statements sent to landowners and homeowners, rose slightly from a year ago, when it was $213 for a $200,000 home and $256 for the owner of a like amount of farm or ranch property.
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. LINCOLN - One state property tax credit will rise slightly in 2023, but all Nebraskans still aren’t claiming a more lucrative tax refund available via their income tax return. Editor’s note: this story has been updated.