This tax calculation, produced using the NES Tax Calculator, is for a single filer earning 80,000.00 per year. The Nebraska income tax example and payroll calculations are provided to illustrate the standard Federal Tax, State Tax, Social Security and Medicare paid during the year when filing a tax return in Nebraska for 80,000.00 with no special circumstances. The aim of this 80,000.00 salary example is to illustrate how tax and payroll deductions are calculated for tax returns, you can produce your own bespoke income tax calculation for Nebraska and allow for children, filing status and other tax credits and deductions using the Nebraska tax calculator.
Yearly | Monthly | 4 Weekly | 2 Weekly | Weekly | Daily | Hourly | % | ||
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Gross Pay | 80,000.00 | 6,666.67 | 6,153.85 | 3,076.92 | 1,538.46 | 307.69 | 38.46 | ||
- | Tax Deferred Retirement | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
- | Cafeteria/other pre-tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
- | Student loan interest deduction | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
- | Circumstance Exemptions | 14,600.00 | 1,216.67 | 1,123.08 | 561.54 | 280.77 | 56.15 | 7.02 | |
Taxable Income | 65,400.00 | 5,450.00 | 5,030.77 | 2,515.38 | 1,257.69 | 251.54 | 31.44 | ||
- | Federal Income Tax | 9,441.00 | 786.75 | 726.23 | 363.12 | 181.56 | 36.31 | 4.54 | 11.80% |
- | Nebraska State Income Tax | 3,990.08 | 332.51 | 306.93 | 153.46 | 76.73 | 15.35 | 1.92 | 5.16% |
- | Nebraska State Disability Insurance (SDI) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 5.16% |
- | Social Security | 4,960.00 | 413.33 | 381.54 | 190.77 | 95.38 | 19.08 | 2.38 | 6.20% |
- | Medicare Tax | 1,160.00 | 96.67 | 89.23 | 44.62 | 22.31 | 4.46 | 0.56 | 1.45% |
- | Additional Medicare Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00% |
Take Home Pay | 60,448.92 | 5,037.41 | 4,649.92 | 2,324.96 | 1,162.48 | 232.50 | 29.06 | 75.56% |
Tip: Social Security and Medicare are collectively known as FICA (Federal Insurance Contributions Act). Based on this calculation your FICA payments for 2024 are $6,120.00.
This tax calculation provides an overview of Federal and State Tax payments for an individual with no children and no special circumstances living in Nebraska. You can produce a bespoke calculation which includes your family situation, your (and their) personal circumstances using the Nebraska State Tax Form Calculator with 2024 Tax tables and 2024 Refundable and non-refundable tax credits.
Nebraska is used as the default State for for this combined Federal and State tax calculation, you can choose an alternate State using the 2024 State and Federal Tax calculator. This Nebraska tax example is therefore an example of a tax bill for a single resident of Nebraska with no children filing their tax return for the 2024 tax year.
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The table below provides an indication of any outstanding tax which you may be liable for and/or any tax rebates due. Note: This tax rebate calculation is indicative only, whilst we aim to provide a 100% accurate tax calculation we DO NOT guarantee of the accuracy of the tax calculations herein.
Withholdings | Calculated Tax Due | Tax Rebate / Due 1 | |
---|---|---|---|
Federal Tax | $ 0.00 | $ 9,441.00 | $ 9,441.00 |
State Tax | $ 0.00 | $ 4,127.08 | $ 4,127.08 |
Medicare | $ 0.00 | $ 1,160.00 | $ 1,160.00 |
Social Security | $ 0.00 | $ 4,960.00 | $ 4,960.00 |
1 A negative figure indicates that you have overpaid tax and that you are due a tax rebate.
In the tax overview above, we show the illustration for a monthly take home pay as a straight 1/12th of your annual income. Not all employers calculate income this way. Some employers calculate your monthly income and pay monthly Federal / State taxes by diving your total annual income by the number of days in a year, then multiplying that daily amount to provide a monthly salary that changes each month depending on how many days there are in the month (28,29,30 or 31).
If your employer calculates you monthly salary in this way, the below calculator illustrates the amounts you should expect to pay in Federal Tax, State Tax, Medicare, Social Security and so on. The Tax and Take home example below for an annual salary of $ 80,000.00 is basically like a line by line payslip example.
Month (2024 days in month) | Income | Tax Deferred | Student loan interest deduction | Cafeteria / Other | Exemptions | Taxable Income | Federal tax | State Tax | Social Security | Medicare | Take home |
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January (31) | $ 6,794.52 | $ 0.00 | $ 0.00 | $ 0.00 | $ 1,240.00 | $ 5,554.52 | $ 801.84 | $ 338.88 | $ 421.26 | $ 98.52 | $ 5,134.02 |
February (29) | $ 6,356.16 | $ 0.00 | $ 0.00 | $ 0.00 | $ 1,160.00 | $ 5,196.16 | $ 750.11 | $ 317.02 | $ 394.08 | $ 92.16 | $ 4,802.79 |
March (31) | $ 6,794.52 | $ 0.00 | $ 0.00 | $ 0.00 | $ 1,240.00 | $ 5,554.52 | $ 801.84 | $ 338.88 | $ 421.26 | $ 98.52 | $ 5,134.02 |
April (30) | $ 6,575.34 | $ 0.00 | $ 0.00 | $ 0.00 | $ 1,200.00 | $ 5,375.34 | $ 775.97 | $ 327.95 | $ 407.67 | $ 95.34 | $ 4,968.40 |
May (31) | $ 6,794.52 | $ 0.00 | $ 0.00 | $ 0.00 | $ 1,240.00 | $ 5,554.52 | $ 801.84 | $ 338.88 | $ 421.26 | $ 98.52 | $ 5,134.02 |
June (30) | $ 6,575.34 | $ 0.00 | $ 0.00 | $ 0.00 | $ 1,200.00 | $ 5,375.34 | $ 775.97 | $ 327.95 | $ 407.67 | $ 95.34 | $ 4,968.40 |
July (31) | $ 6,794.52 | $ 0.00 | $ 0.00 | $ 0.00 | $ 1,240.00 | $ 5,554.52 | $ 801.84 | $ 338.88 | $ 421.26 | $ 98.52 | $ 5,134.02 |
August (31) | $ 6,794.52 | $ 0.00 | $ 0.00 | $ 0.00 | $ 1,240.00 | $ 5,554.52 | $ 801.84 | $ 338.88 | $ 421.26 | $ 98.52 | $ 5,134.02 |
September (30) | $ 6,575.34 | $ 0.00 | $ 0.00 | $ 0.00 | $ 1,200.00 | $ 5,375.34 | $ 775.97 | $ 327.95 | $ 407.67 | $ 95.34 | $ 4,968.40 |
October (31) | $ 6,794.52 | $ 0.00 | $ 0.00 | $ 0.00 | $ 1,240.00 | $ 5,554.52 | $ 801.84 | $ 338.88 | $ 421.26 | $ 98.52 | $ 5,134.02 |
November (30) | $ 6,575.34 | $ 0.00 | $ 0.00 | $ 0.00 | $ 1,200.00 | $ 5,375.34 | $ 775.97 | $ 327.95 | $ 407.67 | $ 95.34 | $ 4,968.40 |
December (31) | $ 6,794.52 | $ 0.00 | $ 0.00 | $ 0.00 | $ 1,240.00 | $ 5,554.52 | $ 801.84 | $ 338.88 | $ 421.26 | $ 98.52 | $ 5,134.02 |
Total | $ 80,000.00 | $ 0.00 | $ 0.00 | $ 0.00 | $ 14,600.00 | $ 65,400.00 | $ 9,441.00 | $ 3,990.08 | $ 4,960.00 | $ 1,160.00 | $ 60,448.92 |
Are you earning 80,000.00 per year in Nebraska? The tax calculation below shows exactly how much Nebraska State Tax, Federal Tax and Medicare you will pay when earning 80,000.00 per annum when living and paying your taxes in Nebraska. The 80,000.00 Nebraska tax example uses standard assumptions for the tax calculation. This tax example is therefore a flat example of your tax bill in Nebraska for the 2024 tax year.
In the following tables, we break down your tax return line by line to show how your tax is calculated including non-refundable tax deductions.
Your personal salary and tax calculations, see the table below for a full breakdown and analysis of your salary and tax commitments for 2024.
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Note: This illustration is provided for information only, whilst every effort is taken to ensure their accuracy and we do actively maintain and update the salary calculator, the figures are for illustration only, always take professional advice before filing your return.
Did you know you can reduce the amount of tax you pay in Nebraska by investing in your retirement? Investing in your retirement means you can build up a good pension to ensure you have enough funds to retire comfortably in Nebraska, Roth and Traditional IRA pension schemes offer alternate ways to invest and can save thousands of dollars which would otherwise be spent on your Federal and Nebraska tax bill
The ROTH and IRA Retirement saving calculator (Pension Contributions Comparison Calculator) allows you to compare how your money will work for you when using either of the pension schemes. You may also like to try our Traditional IRA calculator and / or the standalone ROTH IRA Calculator.
Note that the same contributions limits apply to all ROTH and traditional IRA's. For more information on ROTH, please read the material on the IRS website.
Nebraska is used as the default State for State tax calculations, you can choose an alternate State using the 2024 State and Federal Tax calculator.
Access your own bespoke tax calculation in seconds for any State including Nebraska: Use our Tax Calculator to produce your own tax calculation for the 2024 tax year.