Seward Location: 402-643-4557 | Osceola Location: 402-747-3381 ryan@gbecpa.com

WHAT

Nebraska Child Care Tax Credit for Working Parents (Effective Immediately for 2025 Taxes)

WHEN

If you believe you are eligible, please FILE NOW. The credit is first-come, first-served with a limit of $15 million in payouts.

WHO

Eligibility:

At least one child 5 years or younger on December 31, 2025

Household Income must not exceed $150,000

We recommend using AGI from last year’s tax return when completing online forms

Must use a licensed childcare facility or approved license-exempt provider (see childcare roster attached)

Amount is $2,000 per qualifying child if income $75,000 or less

$1,000 per qualifying child if income is between $75,001 and $150,000

HOW

The Child Care Refundable Tax Credit Application, Form 7203, can be filed electronically using DOR’s Electronic Document and Submission Hub (eDASH).

Upon successful submission of Form 7203, the Nebraska Department of Revenue will notify taxpayers of the acceptance of their application within 10 days via email.

NE Dept of Rev will provide a Certification Number on your approved form

GBE CPA will need a copy of approved Form 7203 with Certification Number in order to properly claim the tax credit

MORE INFO

Child Care Tax Credit FAQs | Nebraska Department of Revenue

Instructions