77-7013. Tax credit; how claimed; excess; how treated.
74 words·~1 min read·
/ne/chapter-77/77-7013A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(1)A taxpayer shall claim the tax credit by attaching the tax credit certification received from the department under section 77-7012 to the taxpayer's tax return.
(2)Any credit in excess of the taxpayer's tax liability shall be refunded to the taxpayer. In lieu of claiming a refund, the taxpayer may elect to have the excess carried forward to subsequent taxable years. A taxpayer may carry forward the excess tax credits until fully utilized.