North Carolina Department of Revenue, North Carolina TaxWe’re Just Not Annoying®
NORTH CAROLINA BUSINESS CORPORATE TAX, NORTH CAROLINA PERSONAL INCOME TAX, NORTH CAROLINA SALES TAX RATES
What is the North Carolina corporate net income tax rate?
6.9% with a minimum tax payment of $35. There is a franchise tax on assets in North Carolina of $1.50 for every $1000.
What are the North Carolina personal net income tax rates?
What is the average North Carolina sales tax rate?
8.07%. The state has a 5.75% tax, but the average local tax is 2.32% making a total of 8.07%.
Are there standard deductions?
Are there personal exemptions?
What forms do you file for your North Carolina taxes?
Estimated tax payments?
Form NC-40 for personal filers. North Carolina follows the IRS standards for estimated payments. If you will owe $1000 or more in tax for the current year, you are required to make 90% of the tax due, over quarterly payments. It has to be at least 100% of the previous year, even if you think you won’t make as much in the current year.
North Carolina Department of Revenue:
|North Carolina Department of Revenue
P.O. Box 58787
Raleigh , NC 27658
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