Nebraska

Nebraska’s Gold & Silver Bullion Tax Laws

The state of Nebraska doesn’t levy taxes on the sale of gold, silver, and platinum bullion nor does it tax capital gains. Nebraska residents must pay United States federal capital gains taxes, however.

Legislative Developments

• In 2024, Nebraska exempted precious metals bullion from the state’s capital gains tax.

State Information

• Nebraska is a state in the Midwestern United States and is bordered by South Dakota, Iowa, Missouri, Kansas, Colorado, and Wyoming.
• In 1867, Nebraska became the 37^th state in the United States.
• The capital of Nebraska is Lincoln. Other cities include Omaha, Bellevue, Grand Island, Kearney, and Fremont.
• Nebraska had a population of 1,961,504 in 2020.
• Nebraska’s real gross domestic product (GDP) was $144.18 billion in 2023, while the median household income was $59,970 in 2020.
• Nebraska’s largest industries include finance, insurance, real estate, government and government enterprises, professional and business services, education, healthcare, transportation and warehousing, wholesale trade, retail trade, and agriculture.

Economic and Personal Freedom Information

• Nebraska ranks #22 on the Sound Money Index that ranks states based on their friendliness toward gold and silver bullion.
• According to the Freedom in the 50 States report, Nebraska ranks #38 in overall freedom, #34 in economic freedom, and #40 in personal freedom.
• Nebraska ranks #32 on the Rich States, Poor States index, which evaluates states based on economic competitiveness by considering tax and regulatory burdens, as well as labor policies.