Nebraska DOR Releases County Inheritance Tax Report Form

The Nebraska Department of Revenue (DOR) May 1 released Form CIT, County Inheritance Tax Report, with instructions, for estate tax purposes. The instructions include: 1) that the treasurer of each county must compile and submit an annual report to the DOR that shows the amount of inheritance taxes paid with respect to each class of beneficiary; 2) that the report summarizing the information for the reporting period is due on or before July 1 of each year beginning in 2023; 3) that the form should be filed electronically each year with the DOR; 4) that personal representatives are required to ...