In 2016, Nebraska became the second state in the nation to offer a tax credit to encourage early childhood professionals and programs to deliver high-quality services to our state’s youngest children. But there was a problem—technical errors in the language of the School Readiness Tax Credit Act prevented too many child care professionals—especially self-employed providers—from taking advantage of these financial benefits.
Working together, Nebraska’s early childhood community and state legislators got it fixed.
Refundable and nonrefundable credits will be available to more child care professionals and programs through the 2020 tax year, but time is running out to claim them on your 2020 tax return. NOW is the time to apply. It can take up to six weeks to receive needed paperwork to use on your tax return.
We provide step-by-step guides to help child care professionals move through the application process. They are available in English and for Spanish-speaking child care providers at the link below.