Combined rate and how to defer it in Nebraska.
Nebraska's top income tax rate of 5.84% on capital gains brings the combined investment property figure to 29.6% (20% federal + 3.8% NIIT + 5.84% state).
Nebraska taxes capital gains as ordinary income at up to 5.84% at the state level. Combined with federal, you reach 29.6% total. See the full estimate including depreciation recapture in the capital gains tax calculator.
A 1031 like-kind exchange can defer the combined 29.6% rate when all proceeds are reinvested into a replacement property. Run the numbers in the 1031 exchange calculator and get your deadline dates from the timeline calculator.