Nebraska Homestead Exemption

Notice Regarding the American Rescue Plan Act of 2021

If an individual has filed for a 2021 Homestead Exemption using the adjusted gross income (AGI) from a federal tax return calculated prior to the passage of the American Rescue Plan Act of 2021 (Act), which excludes the first $10,200 of unemployment compensation from the gross income of certain taxpayers, unemployment compensation, to the extent excluded by the Act, will not be used to determine homestead exemption eligibility. For homestead exemption purposes, the Nebraska Department of Revenue will calculate the AGI of homestead applicants that this may have affected without further action by the applicant.

If the above circumstances apply, please note on the Form 458, Schedule I, Income Statement, that the federal AGI stated includes excluded unemployment compensation.