North Carolina State Tax Help and Forms (Subscribe)
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North Carolina tax help, forms and answers to thousands of North Carolina tax questions. Handy summary of all North Carolina taxes, including corporate and individual North Carolina income taxes, credits, exemptions, deductions and more. Includes North Carolina estate, gift and inheritance tax, miscellaneous North Carolina taxes, pass-through entity treatment, payroll taxes, property taxes and North Carolina sales & use taxes.
North Carolina ranks #39 on the State Business Tax Climate Index (TaxFoundation.org).|
Corporate Taxes
Rates & Brackets: 6.9%> $0 Loss Carry-back/fwd: 0 Years Back / 15 Years Forward (Unlimited) Throwback Sales?: N Foreign Tax Deductible?: N Alternative Minimum Tax (AMT): N Gross Receipts Tax: N Capital Stock (Net Worth) Tax?: 0.150% ($15,000 max.) Credits and Incentives Job Credits?: Y R&D Credits?: Y Investment Credits?: Y Individual Taxes Rates & Brackets: 6%> $0 7%> $12,750 7.75%> $60,000 Local Option IT Rate: None Federal Inc used as Base?: Y Standard Deductions: Single $3,000 / Joint $6,000 Personal Exemptions/Credits (c): Single $3,500 / Joint $7,000 / Dependent $3,500 Federal Tax Deductible?: N State Tax Deductible?: Y Alternative Minimum Tax (AMT)?: N Inheritance, Gift, Estate, Death Taxes Gift Tax?: Y Estate Tax?: Decoupled Inheritance Tax?: N Generation-Skipping Tax?: N Miscellaneous Taxes Gas Tax: 30.2 cents/gallon Diesel Tax: 30.2 cents/gallon Cigarette Tax: 35.0 cents/20 pack Pass-through Entities LLC Pass-through Recognized?: Y S-Corp Pass-through Recognized?: Y Payroll Taxes Unemployment Insurance Tax Index (TaxFoundation.org): #5 Property Taxes Median Tax Paid on Homes (Rank): $1,159 (#38) Median Value of Homes: $154,500 Tax as % of Home Value (Rank): 0.75% (#30) Median Income of Homeowner: $57,790 Tax as % of Income (Rank): 2.01% (#35) Sales and Use Taxes State Rate: 5.50% County & City (Weighted Ave): 2.57% Combined State and Ave. Local Rates (Rank): 8.07% (#8) General Treatment of Services: Exempt Gas Exemption: Exempt Grocery Exemption: Exempt |
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- Taxes/State and Local Taxes/Multistate State Tax Help and Forms
- Taxes/State and Local Taxes/State Tax Tools/State Tax FAQs/North Carolina State Tax Questions and Answers
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While every effort was made to ensure the accuracy and completeness of the statutes available on the North Carolina General Assembly's web site, the North Carolina General Assembly will not be responsible for any errors or omissions which may occur in these files.
