Form 457 Application for Exemption From Motor Vehicle Taxes by Qualifying Nonprofit Organizations - Nebraska

What Is Form 457?

This is a legal form that was released by the Nebraska Department of Revenue - a government authority operating within Nebraska. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form 457?
A: Form 457 is an application used by qualifying nonprofit organizations in Nebraska to request an exemption from motor vehicle taxes.

Q: Who can use Form 457?
A: Form 457 can be used by qualifying nonprofit organizations in Nebraska.

Q: What is the purpose of Form 457?
A: The purpose of Form 457 is to apply for an exemption from motor vehicle taxes for qualifying nonprofit organizations.

Q: How do I qualify for the exemption?
A: To qualify for the exemption, the organization must meet certain criteria set by the Nebraska Department of Revenue.

Q: Is there a fee to file Form 457?
A: No, there is no fee to file Form 457.

Q: What supporting documents are required with Form 457?
A: The organization must submit proof of its nonprofit status, such as a copy of its IRS determination letter.

Q: When should I submit Form 457?
A: Form 457 should be submitted to the Nebraska Department of Revenue on or before December 31st of the year preceding the tax year for which the exemption is sought.

Q: What happens after I submit Form 457?
A: The Nebraska Department of Revenue will review the application and notify the organization of its decision.

Q: How long does the exemption last?
A: The exemption granted by Form 457 is valid for one calendar year.

Q: Can the exemption be renewed?
A: Yes, the organization must submit a new application each year to request a renewal of the exemption.