Nebraska DOR Releases Form CCTC-A, Child Care Tax Credit Contribution Application, Instructions

The Nebraska Department of Revenue Jan. 1 released Form CCTC-A, Child Care Tax Credit Contribution Application, with instructions, for individual income, corporate income, and trust income tax purposes. The instructions include details on who may file the application, when to file, the processing procedure, the procedure to submit the form, and the credit amount. The instructions also include: 1) the approved nonrefundable tax credit must be claimed in tax years beginning on or after Jan. 1; 2) the credit must be claimed on the appropriate line of the corporate, individual, or fiduciary income tax returns; 3) partnerships and S corporations ...