Taxes in Nebraska > Sources of Major State and Local Taxes > Income Tax > Individual Income Tax > Individual Income Tax Components

 

COMPONENTS OF NEBRASKA INCOME

[ Click on a component in the box in the table above to
view information related to that component. ]

Shown in the table above are 15 years of Internal Revenue Service information that describes Nebraskans' income. Nebraska did not purchase this detailed information prior to 1991.

Wages and salaries are by far the largest component of Nebraskans' taxable income. Despite the recent attention paid to capital gains and their connection to the revenue shortfalls of 2002 through 2004, capital gains remain a smaller component. However, they are a more volatile component. You may click on an item in the legend box just to the right of the table in order to look at each of these components individually.

 

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