Nebraska Capital Gains Tax: 2026 Rules and Calculator

Short answer: Nebraska taxes capital gains as ordinary income at a top rate of 4.55% for 2026 (5.2% for 2025), falling to 3.99% for 2027 (2023 LB 754). On top of that comes federal capital gains tax (0%, 15% or 20% for 2026 under IRS Rev. Proc. 2025-32, and up to 25% on building depreciation) and the 3.8% net investment income tax above $250,000 of income for married couples or $200,000 single (IRC 1411).

Nebraska capital gains tax calculator

Enter your sale: rental property, your home, land, a business, stock or collectibles. You get the 2026 tax in Nebraska (federal, the 3.8% tax and Nebraska tax) and the same sale spread over the years the buyer pays you. It runs in your browser on the same engine as our capital gains tax calculator.

Example loaded. Change any number to run yours.

What you are sellingRental or investment real estateYour home (Section 121 exclusion)LandA business you work inPublicly traded stock or fundsCollectibles (art, coins, gold, cars)

Sale price

Selling costs (commission, title, legal)

Your adjusted basis

What you paid plus improvements, minus depreciation or depletion taken. Inherited: the value at the date of death.

How long you have held itMore than 1 year1 year or less

State you will be taxed inAlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyoming

Filing statusMarried filing jointlySingleHead of household

Other income this year (before deductions)

Years the buyer pays you over (1 = all now)

Expected sale date

Nebraska taxes capital gains as ordinary income at a top rate of 4.55% for 2026 (5.2% for 2025), falling to 3.99% for 2027 (2023 LB 754). The calculator applies the top rate to the whole gain and does not model the employee stock election. Source: Nebraska Revised Statutes 77-2715.03 (rate schedule, LB 754), checked October 13, 2026. Federal: 2026 brackets per IRS Rev. Proc. 2025-32 (0%, 15% and 20% on long-term gain; 20% above $613,700 of taxable income married filing jointly); 25% cap on building depreciation, IRC 1(h)(1)(E); 28% cap on collectibles, IRC 1(h)(4); 3.8% net investment income tax above $250,000 married or $200,000 single, IRC 1411.

Estimated tax on this sale (2026), example in Nebraska

$525,052

You keep $1,899,948 after selling costs and tax. The tax is 24.7% of your gain.

Your gain

• Sale price less selling costs$2,425,000
• Less your basis$300,000
• Your taxable gain$2,125,000
• Long-term gain at 0%, 15% or 20%$2,125,000

The tax, line by line

• Federal income tax (incl. $25,660 AMT)$428,365
• Net investment income tax (3.8%)$0
• Nebraska tax$96,688
• Total tax$525,052
• You keep$1,899,948

All in one year vs spread over 10 years: tax of $525,052 against $404,770 when the buyer pays you over 10 years. You keep $120,282 more.

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These are estimates. Have a qualified tax professional run your real numbers in a 15-minute scope call.

Why now: the closing date and how the buyer pays you are set before closing, and they decide how much Nebraska and federal tax this sale costs.

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This is an estimate. Getting it right down to the tee takes your actual tax forms (returns, K-1s, depreciation schedules), a consult and a paid analysis. The first 15-minute scope call is free.

How Nebraska taxes capital gains in 2026

Nebraska taxes capital gains as ordinary income at a top rate of 4.55% for 2026 (5.2% for 2025), falling to 3.99% for 2027 (2023 LB 754).

• Nebraska has a one-time election to exclude gain on the sale of capital stock of a qualified corporation acquired on account of employment (Neb. Rev. Stat. 77-2715.08).

Selling Nebraska property while living elsewhere: Nebraska taxes a nonresident on gain from real estate and other property located in Nebraska, so selling Nebraska property from another state still means a Nebraska return.

Worked example (computed October 13, 2026)

A business sale spread over 10 years, most of it taxed at the 2027 rate. A married couple filing jointly in Nebraska sells a business they work in for $2,500,000 with $75,000 of selling costs. Basis is $300,000, and other income is $200,000.

• Taxable gain: $2,125,000.
• All in one year (2026): $428,365 federal income tax, $0 net investment income tax and $96,688 Nebraska tax (4.5% of the gain): $525,052 in total, 24.7% of the gain.
• Spread over 10 years on a note: $404,770 of tax on the gain, so the seller keeps $120,282 more. Interest on the note is taxed separately.

What the calculator simplifies

The calculator applies the top rate to the whole gain and does not model the employee stock election. It also leaves out local taxes unless named above, the alternative minimum tax effect of note interest, and equipment recapture on a business sale. Federal tables for later years carry the 2026 tables forward.

Spreading a Nebraska sale over several years

On an installment sale the gain is reported as the buyer pays you (IRC 453), so each year's slice can stay in lower federal brackets and under the 3.8% threshold. Building depreciation is reported first (Treas. Reg. 1.453-12), equipment recapture is taxed in the year of sale (IRC 453(i)), and notes over $5,000,000 owe the Section 453A interest charge. More on how it works: what a structured installment sale is.

Sources

• Nebraska Revised Statutes 77-2715.03 (rate schedule, LB 754)
• IRS Rev. Proc. 2025-32: 2026 federal brackets.
• IRC 1(h) and IRC 1411: capital gain rates and the 3.8% tax (as in force October 2026).

Frequently asked

What is the capital gains tax rate in Nebraska for 2026?

Nebraska taxes capital gains as ordinary income at a top rate of 4.55% for 2026 (5.2% for 2025), falling to 3.99% for 2027 (2023 LB 754). Federal capital gains tax and the 3.8% net investment income tax come on top.

How much tax on a $2,500,000 sale in Nebraska?

In the example on this page, a married couple filing jointly selling a business they work in for $2,500,000 with a $2,125,000 taxable gain owes $525,052 in 2026: $428,365 federal, $0 net investment income tax and $96,688 Nebraska tax. Spread over 10 years, the tax is $404,770.

Do nonresidents pay Nebraska tax when they sell property there?

Nebraska taxes a nonresident on gain from real estate and other property located in Nebraska, so selling Nebraska property from another state still means a Nebraska return.

Does Nebraska have a capital gains deduction or special rule?

Nebraska has a one-time election to exclude gain on the sale of capital stock of a qualified corporation acquired on account of employment (Neb. Rev. Stat. 77-2715.08)