
Nebraska Form 458


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People also ask nebraska homestead exemption form
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What is Form 458 Nebraska?
This Form 458 Schedule I must be filed by persons applying for a homestead exemption, who are not filing as a veteran drawing compensation from the Department of Veteran's Affairs (DVA) or as a paraplegic veteran or multiple amputee whose home was substantially contributed to by the DVA.
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What is the homestead allowance in Nebraska?
The Nebraska homestead exemption is a tax relief program that takes some of the cost of property taxes off of certain homeowners. It was enacted to help certain groups of individuals who may not have a regular income and that may need financial relief.
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How do I file for homestead exemption in Nebraska?
❖ File a Form 458 and an income statement with the county assessor after February 1 and on or before June 30 each year. Within the first year, a certification from the DVA must be included with the Form 458. Failure to do so will result in disapproval of the homestead exemption for that year.
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What is the income limit for homestead exemption in Nebraska?
The maximum exempt amount is the taxable value of the homestead up to $40,000 or 100% of the county's average assessed value of single family residential property, whichever is greater.
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