Sec 43-1086. Credit for donation to the military family relief fund  


Latest version.
  • A. For taxable years beginning from and after December 31, 2007 through December 31, 2018, a credit is allowed against the taxes imposed by this title for cash contributions made by a taxpayer during the taxable year to the military family relief fund established by section 41-608.04. The amount of the credit is the lowest of the following amounts, as applicable:

    1. The total amount of contributions to the fund by the taxpayer during the taxable year.

    2. Two hundred dollars of contributions during the taxable year by a taxpayer filing as a single individual or a head of household.

    3. Four hundred dollars of contributions during the taxable year by a married couple filing a joint return.

    4. The taxpayer's tax liability for the taxable year.

    B. A husband and wife who file separate returns for a taxable year in which they could have filed a joint return may each claim only one-half of the tax credit that would have been allowed on a joint return.

(Rpld. 1/1/19)