The LB 886 tax credit form is now available.

LB 886 tax credit form

Refundable Individual Income Tax Credit for Volunteer Emergency Responders (LB 886 – Operative for taxable years beginning or deemed to begin on or after January 1, 2017)LB 886

Beginning with tax year 2017, qualified active volunteer emergency responders, rescue squad members, and firefighters receive a refundable income tax credit equal to $250 beginning with the second taxable year in which the qualified active volunteer is included on a certified list. Qualified active volunteers accumulate points for service and emergency service related training and activities. Each city, village, or rural or suburban fire protection district must file a certified list of those volunteers who have qualified as active emergency responders, rescue squad members, or firefighters for the immediately preceding calendar year with the Department of Revenue by each February 15.