Taxes and Fees for Your Nebraska LLC

Here’s a breakdown of the likely taxes and fees you’ll incur when you start and run an LLC in Nebraska.

Nebraska Fees

Nebraska LLC Formation and Filing Fee

When you first form your LLC in Nebraska you will need to pay a fee to file your Certificate of Organization. You can find the current fees and turnaround times here. You will also need to pay to publish information about your LLC in a newspaper for three weeks, and to file an affidavit of publication.

Nebraska Permits and Licenses

You will need to pay licensing and permit fees on a regular basis depending on the type of business you are operating and where you are located. These vary from city to city and industry to industry. If you don’t want to do the legwork yourself, we provide a complete Business License Research Package that will tell you all of the licenses and permits required for your new LLC. It includes:

• A comprehensive package of all the licenses, permits and tax registrations required for your business
• The application forms to file with the appropriate licensing authorities
• Your customized Business License Research Package will be emailed to you within two days of your company being filed by the state

Remember that operating your business without the required licenses can expose you to risks and fines from state and local governments.

Nebraska Fees

1. Turnaround times for forming an LLC in Nebraska: You will normally have the option of a “Standard” turnaround time and an “Expedited” turnaround time for forming your LLC. You can learn about those times here.
2. Fees for forming an LLC in Nebraska: Learn about standard filing costs here.
3. Nebraska State Report Fee: You will need to pay a fee when you file your report.
4. Nebraska Permits and Licenses: Various fees for renewing your licensing and permit fees on a regular basis. These depend on the type of business you are operating and where you are located. They vary from city to city and industry to industry.

Nebraska Taxes

Nebraska State Income Tax

You will need to pay state tax on any business profits that you generate and pay to yourself. These profits flow through to your personal state tax return.

Nebraska State Sales/Use Tax

If you’re selling products or services in Nebraska, you may need to pay a state sales tax.

Nebraska Other Taxes

You may need to pay other taxes and fees, depending on the type of business you run. Learn about other Nebraska taxes.

Federal Taxes

Self-Employment Tax

Because your Nebraska LLC income flows through to your personal tax return, you must pay self-employment tax (also known as FICA, Social Security or Medicare tax) on your earnings. This is typically at a rate of 15.3 percent. You will be able to deduct your business expenses from your income when working out how much self-employment tax you owe. Note that if you are an LLC electing to be treated as an S Corp, you can reduce your self-employment tax.

Federal Income Tax

You will also need to pay regular federal income tax when you file your tax return every year. You can find details of federal tax brackets online. Note that you will be able to apply your standard deduction, personal exemption and business expenses to this tax.

Employee Insurance and Taxes

If you employ others, you will need to pay insurance and taxes to the state for each employee. Here’s how to register for the various employee taxes, insurance and other costs.

Ready to Start Your Nebraska LLC?

Incfile provides a cost-effective service to help you create your Nebraska LLC. We guide you through the process and handle most of the administrative steps, such as filing the Certificate of Organization. Our basic package also provides a free Registered Agent service for the first year.