Nebraska had $363-million dollars in net tax revenue last month…nearly $42 million or 13% more than expected…but State Tax Commissioner Doug Ewald says the big jump was likely an anomaly caused by net individual and corporate income taxes.

Net sales and use taxes and miscellaneous tax revenues were actually slightly below the projections set by the state revenue forecasting board. Sales taxes were $124-million or about a half-percent under expectations while miscellaneous taxes were down $1.1-million or 9.6%.

Individual income taxes, on the other hand, were 17% or $26-million over estimates at $194-million and corporate income taxes were up 51% or $17-million at $50.1-million.

Ewald says corporate farm income could have been responsible for most of the jump in corporate tax receipts while the individual income tax increase may have been the result of year-end sale of stocks, land, or businesses before a rise in the federal capital gains tax.

Net receipts through the first 6 months of the fiscal year total nearly $1.9-billion dollars…4.5% or almost $80-million more than the forecasting board’s revisse projections from October.