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  • How Much Income Will $500,000 Generate in Retirement
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  • What is a GLWB (Guaranteed Lifetime Withdrawal Benefit)?
  • Does Missouri Tax Social Security
  • Does Florida tax Social Security
  • Are annuities safe? What are the pros and cons?
  • What Is Lifestyle First Income Planning
  • What is Guaranteed Retirement Income
  • How is this different from the 4 percent rule?
  • What About Fees and the Average Return Illusion
  • How Do Taxes IRMAA and Market Drops Fit In?
  • How Much Do I Need to Retire?
  • Is The 4 percent Rule Still Safe?
  • When should I claim Social Security
  • How Do Roth Conversions Lower Lifetime Taxes?
  • What is IRMAA and why does it matter
  • Whats A Smart Withdrawal Strategy In Retirement?
  • What About Required Minimum Distributions (RMDs)?
  • Medicare Advantage vs. Medigap 2026 | KJ Financial
  • How Do I Protect Against Inflation And Sequence Risk?
  • Are Annuities Ever A Fit?
  • Why the 4% safe withdrawal rule can fail today and what to use instead?
  • How does sequence of returns risk threaten retirees even with “average” returns?
  • FIAs with GLWB vs SPIA vs DIA: Which creates better lifetime income for my goals?
  • What is the 10 year FIA + GLWB runway strategy before retirement?
  • Can bucket or guardrail strategies prevent spending cuts?
  • Does living off dividends reduce risk, or just change it?
  • How do fees and taxes quietly cut retirement income?
  • Does Nebraska Tax Social Security
  • Does Kansas Tax Social Security
  • Does Iowa Tax Social Security
  • How Much Guaranteed Retirement Income Can I Get with $200,000 in Missouri
  • How Much Guaranteed Retirement Income Can I Get with $300,000 in Kansas City, Missouri
  • How Much Guaranteed Retirement Income Can I Get with $350,000 in Springfield, Missouri
  • How Much Guaranteed Retirement Income Can I Get with $400,000 in St. Louis, Missouri
  • How Much Guaranteed Retirement Income Can I Get with $400,000 in Florida
  • How Much Guaranteed Retirement Income Can I Get with $300,000 in Kansas
  • How Much Guaranteed Retirement Income Can I Get with $300,000 in Nebraska
  • How Much Guaranteed Retirement Income Can I Get with $200,000 in Iowa

Does Nebraska Tax Social Security

Short answer:
As of tax year 2025, Nebraska fully exempts all Social Security benefits from state income tax. No income thresholds, no phase-outs. Federal taxes may still apply based on your total income.

Nebraska finished a multi-year phase-out of its Social Security tax with the passage of LB 873. Starting with tax year 2025, the exemption is 100 percent. That means no Nebraska state income tax on Social Security benefits, period, regardless of how much you earn or how much of your benefit is taxable at the federal level.

The IRS still uses its own combined income formula to determine whether up to 85 percent of your Social Security is taxable on your federal return. Nebraska now steps completely out of that calculation. You may still owe federal tax on part of your benefit, but Nebraska will not add a state tax on top of it.

Why this matters

Your take-home income in Nebraska is now higher than it was in prior years under the older partial-exemption rules. If you or a client filed Nebraska returns in 2022, 2023, or 2024, those years had partial exemptions of 40, 60, and 80 percent. The full exemption starting in 2025 is the final step, and it is permanent.

Good to know

Tax rules can change. Always verify current Nebraska guidance at revenue.nebraska.gov. Federal Social Security taxation rules remain in effect regardless of the Nebraska exemption.

Sources

Nebraska Department of Revenue (revenue.nebraska.gov), Social Security Administration (ssa.gov), Internal Revenue Service (irs.gov)

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Educational only. Not tax, legal, or individualized investment advice.

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KJ Financial 1014 E. 5th Street Maryville, MO 64468 
Office: 816.984.0289 Email: mailto:[email protected]
This site is not designed to give specific financial advice, tax advice or legal advice.  Please consult with the proper professionals to receive that advice.  Any and all examples on this site are hypothetical and do not necessarily promote a specific financial vehicle or investment.  If there are any financial vehicles that you find to be interesting to you please contact Kurt Jackson for all the proper disclosures.
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  • About KJ Financial
  • About Kurt H Jackson
  • Retirement Income Answers | Lifestyle-First | KJ Financial
  • Privacy Policy
  • How Much Risk?
  • WorryFreeRetirement
  • How Much Income Will $500,000 Generate in Retirement
  • Is $500,000 Enough to Retire? | KJ Financial
  • What is a GLWB (Guaranteed Lifetime Withdrawal Benefit)?
  • Does Missouri Tax Social Security
  • Does Florida tax Social Security
  • Are annuities safe? What are the pros and cons?
  • What Is Lifestyle First Income Planning
  • What is Guaranteed Retirement Income
  • How is this different from the 4 percent rule?
  • What About Fees and the Average Return Illusion
  • How Do Taxes IRMAA and Market Drops Fit In?
  • How Much Do I Need to Retire?
  • Is The 4 percent Rule Still Safe?
  • When should I claim Social Security
  • How Do Roth Conversions Lower Lifetime Taxes?
  • What is IRMAA and why does it matter
  • Whats A Smart Withdrawal Strategy In Retirement?
  • What About Required Minimum Distributions (RMDs)?
  • Medicare Advantage vs. Medigap 2026 | KJ Financial
  • How Do I Protect Against Inflation And Sequence Risk?
  • Are Annuities Ever A Fit?
  • Why the 4% safe withdrawal rule can fail today and what to use instead?
  • How does sequence of returns risk threaten retirees even with “average” returns?
  • FIAs with GLWB vs SPIA vs DIA: Which creates better lifetime income for my goals?
  • What is the 10 year FIA + GLWB runway strategy before retirement?
  • Can bucket or guardrail strategies prevent spending cuts?
  • Does living off dividends reduce risk, or just change it?
  • How do fees and taxes quietly cut retirement income?
  • Does Nebraska Tax Social Security
  • Does Kansas Tax Social Security
  • Does Iowa Tax Social Security
  • How Much Guaranteed Retirement Income Can I Get with $200,000 in Missouri
  • How Much Guaranteed Retirement Income Can I Get with $300,000 in Kansas City, Missouri
  • How Much Guaranteed Retirement Income Can I Get with $350,000 in Springfield, Missouri
  • How Much Guaranteed Retirement Income Can I Get with $400,000 in St. Louis, Missouri
  • How Much Guaranteed Retirement Income Can I Get with $400,000 in Florida
  • How Much Guaranteed Retirement Income Can I Get with $300,000 in Kansas
  • How Much Guaranteed Retirement Income Can I Get with $300,000 in Nebraska
  • How Much Guaranteed Retirement Income Can I Get with $200,000 in Iowa