Nebraska Homestead Exemption - Category 1 (Persons 65 and Older)
Who qualifies
- Age
- 65 or older
- Income limit
- $64,500Percent of relief by household income (based on prior-year, 2025, income), tax year 2026 'Over Age 65' table. Single: 100% $0-37,000; 90% 37,001-38,900; 80% 38,901-40,800; 70% 40,801-42,700; 60% 42,701-44,700; 50% 44,701-46,600; 40% 46,601-48,500; 30% 48,501-50,400; 20% 50,401-52,400; 10% 52,401-54,300; 0% at 54,301+. Married or closely related: 100% $0-43,400 stepping down to 10% at 62,101-64,500; 0% at 64,501+. income_limit field records the $64,500 married/closely-related outer ceiling; single ceiling is $54,300. Household income is prior-year federal AGI plus Social Security/railroad retirement and certain add-backs, minus qualifying medical expenses.
- Ownership
- Owner of record (including a joint tenant, tenant in common, holder of a life estate, or beneficiary of a trust with an ownership interest); property held solely by a corporation, partnership, or LLC does not qualify.
- Residency
- Must own and occupy the homestead as the primary residence from January 1 through August 15 of the application year.
How much it saves
Worked example — a $300,000 home at Nebraska's median effective rate (~1.26%):
Your county's rate differs — use the calculator for a figure tuned to where you live.
How to apply
- Application required: Yes
- Deadline: June 30 (file after February 1; the county board may extend to July 20 on written request).
- Renewal: annual — Form 458 and Form 458 Schedule I (Income Statement) must be filed with the county assessor each year between February 2 and June 30.
- Official application form
Combining with other exemptions
Each homestead may receive only one homestead exemption; if multiple applications apply to the same homestead, the one with the highest approved exemption is applied.
Amount cross-checked against a second official artifact: revenue.nebraska.gov/sites/default/files/doc/pad/homestead/2026%20Income%20Table.pdf.
Informational only — not legal or tax advice. Exemption rules and amounts are summarized from official statutes and state tax-agency sources as of each program's verified date and can change by legislative session. Dollar figures are estimates derived from Census ACS county tax data, not actual bills. Confirm your eligibility and current amounts with your county assessor before relying on anything here.