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Nebraska Homestead Exemption

Nebraska property-tax relief for qualified homeowners, with annual Form 458 filing and category-based income and valuation limits.

JJ Ben-Joseph
JJ Ben-Joseph
💰 Funding Exempts part or all of eligible homestead taxable value based on household category, income, and county-calculated exemption values
📅 Deadline Jun 30, 2026
📍 Location Nebraska
🏛️ Source Nebraska Department of Revenue
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Status Update (February 2026)

Nebraska DOR announced for tax year 2026 that Form 458 filing runs February 2, 2026 through June 30, 2026.

Nebraska regulations also state Form 458 must be filed each year, and missing the filing deadline generally waives the exemption for that year (subject to specific late-filing provisions).

What the Program Does

Nebraska Homestead Exemption reduces property taxes by exempting part or all of eligible homestead taxable value, based on:

  • claimant category,
  • household income,
  • and valuation limits.

The state reimburses local taxing entities for exempted tax amounts under program rules.

Who Can Qualify

Program categories include:

  • homeowners age 65+
  • qualifying disabled individuals
  • qualifying disabled veterans and certain surviving spouses

Category determines which income tables and valuation thresholds apply.

Nebraska’s current guidance also includes date-based tests, such as age 65 before January 1 of the application year and residence/ownership timing requirements tied to annual filing rules.

Filing Mechanics That Matter

  • File with your county assessor (not directly with state processing only).
  • Use Form 458 plus required schedules/attachments.
  • Filing period is annual; renewal is not automatic.
  • If IRS grants a federal extension, Nebraska rules allow specific extension treatment for income schedules, but Form 458 itself must still be filed by June 30 with required reference.

Valuation Framework

Nebraska rules use county-based maximum value and exempt-amount calculations with statutory floors. For some categories, valuation exceeding maximum value triggers graduated exemption reduction (10% for each $2,500 above maximum value), and larger overages can eliminate eligibility.

Because county averages drive calculations, contact county assessor for current-year county values rather than relying on old statewide examples.

How to Apply

  1. Confirm category eligibility (age/disability/veteran status) as of January 1.
  2. Gather ownership, occupancy, and income records.
  3. Complete Form 458 and required schedules.
  4. File with county assessor by June 30.
  5. Keep stamped/acknowledged filing proof and any follow-up correspondence.

Common Mistakes

  • Assuming prior-year approval carries automatically.
  • Filing without all required schedules.
  • Missing June 30 filing cutoff.
  • Using outdated county valuation assumptions.
  • Not documenting ownership or occupancy transitions.

County Coordination Tip

Because filing runs through county assessors, confirm local intake method early (mail, in-person, appointment, or online support options where available). Submitting a complete packet with parcel information and signatures matching assessor records is the fastest way to avoid correction cycles before deadline.

Annual Filing Discipline

Nebraska Homestead Exemption is not a one-time enrollment. Even households that qualified in prior years should assume a full annual filing cycle with current-year forms and supporting schedules. Build a repeating checklist each spring so household income records, ownership proof, and category documents are ready before June 30.

If ownership, marital status, or occupancy changed during the year, flag that for county staff early. Resolving status changes before final submission is usually easier than correcting after a deadline decision.

Military and Special-Category Reminder

Nebraska’s current rules include special filing pathways for qualifying disabled-veteran and surviving-spouse categories. If your household changed category status since last filing, ask the county assessor which schedules and proof documents are now required rather than reusing prior-year packets.

Official Sources