When can I file my Nebraska Tax Return 2021?

The 2020 Nebraska State Income Tax Return forms for Tax Year 2020 (Jan. 1 – Dec. 31, 2020) can be e-Filed together with the IRS Income Tax Return by the April 15, 2021 May 17, 2021 due date. If you file a tax extension you can e-File your Taxes until October 15, 2021 without a late filing penalty.

What is the new cat tax?

In 2019 Oregon enacted its brand-new corporate activity tax (CAT), a sweeping tax that applies to most businesses for tax years beginning on or after January 1, 2020. 1 Imposed in addition to Oregon’s existing taxes, the CAT is intended to raise $1 billion in new annual revenue2 to fund state investments in education.

Why is Nebraska refund delayed?

Currently, the Nebraska Department of Revenue (DOR) is experiencing delays due to an unusually high number of errors on returns that are being processed — particularly on returns claiming the new Property Tax Credit.

Can you file Oregon cat tax online?

With approved third-party software, you can e-file your return with all schedules. You can also conveniently include an electronic payment with your e-filed original return. See “E-file.” Corporate Activity Tax (CAT) was established during the 2019 regular session in HB 3427 and HB 2164.

Is Nebraska accepting tax returns?

Nebraska does not accept fiscal year-end individual tax returns. Taxpayers who do not want their paid tax preparer to file their Nebraska individual income tax return electronically must complete and sign the Nebraska E-File Opt-Out Record for Individuals.

Are Nebraska state taxes delayed?

Nebraska follows the federal tax code. The postponement generally applies to all income tax returns that have a filing or payment deadline on or after April 1, 2020, and before July 15, 2020. Individuals, trusts, estates, corporations, and other non-corporate tax filers qualify for the extra filing time.

Who must pay Oregon CAT tax?

The CAT is applied to taxable Oregon commercial activity in excess of $1 million. The tax is computed as $250 plus 0.57 percent of taxable Oregon commercial activity of more than $1 million. Only taxpayers with more than $1 million of taxable Oregon commercial activity will have a payment obligation.

What is the CAT tax for?

A cat tax is a cute image or video of a cat posted online as a fun, ironic “fine” (tax) upon introduction to a forum or social media platform, for breaking an internet group rule, or just for fun.

How long are Nebraska refunds taking?

How do I file a CAT return?

Filing through myAccount

Go to ‘Gifts & Inheritances’.
Select ‘File CAT IT38 Return’. Choose the required filing period. Fill out the relevant information. Submit the IT38 and pay the tax online.

Who must file an Oregon CAT return?

Businesses with more than $1 million in taxable commercial activity will have Corporate Activity Tax to pay. Taxpayers with over $1 million in commercial activity but less than $1 million in taxable commercial activity, must file a return, but do not have to pay tax.

When can I expect my Nebraska Tax Refund?

Please allow a minimum of 30 days to receive your refund if you e-file an error-free return. For paper returns, please allow a minimum of three months to receive your refund if you file an error-free return. Your refund will generally be issued by July 15th, if your return is filed by the April 15th due date.