The
following information has been provided to assist in the preparation of
File Form D-400 if any of the following apply:
The taxpayer:
1.
Has
2.
Is a non-resident or part-year resident with income taxed by
3. Is required to file a federal return and report a federal liability
4.
Is single and has $5,500 or more of
5.
Is married, filing a joint return, and has $11,000 or more of
1. Resident:
An individual who:
- Maintains an apartment, home, or other
place of abode in
- Exercises the rights of citizenship in
2. Part-Year Resident:
An individual who:
- Moved into
- Moved out of
3. Non-Resident:
An individual who does not:
- Maintain an apartment, home, or other
place of abode in
- Exercise the rights of citizenship in
Contributions
to this fund are used to manage, protect, and study
A penalty is applicable if any of the following apply:
The taxpayer:
1. Fails to file the required estimated tax return and pay the tax within the time allowed
2. Underestimated the required amount
Complete Form D-422 to calculate the penalty. This form does not need to be attached to the tax return, but should be maintained for your records.
Returns filed after the due date are subject to a penalty of 5% of the tax for each month, or part of a month, the return is late. The minimum penalty is $5.00, the maximum penalty is 25% of the additional tax.
Returns filed after April 15 without a valid extension are subject to a late-payment penalty of 10% of the unpaid tax. If an extension of time has been granted, the 10% penalty will apply on the remaining balance due if the tax paid by the original due date is less than 90% of the total amount of tax due. The minimum penalty is $5.00.
A taxpayer can pay online by bank draft or debit card using Visa or MasterCard. To pay online, go to the Department’s website at www.dornc.com and click onto Electronic Services.
Enter code “M” in the State Use field of federal Form W-2 to indicate wages should be excluded from NC income. The state wage amount will not carry to Form D-400, nonresident worksheet. The withholding will be included.
Enter a code in the State Use field of federal Form 1099-R to indicate which line the retirement benefits should carry to on the NC return.
Valid Entries:
(B) Bailey Settlement. Amount in State Distribution will carry to D-400, line 41
(G) Federal, State, or local government retirement benefits. Amount in State Distribution will carry to D-400, line 42 worksheet, line 1. Maximum of $4,000 will carry to this line.
(P) Private Retirement Benefits. Amount in State Distribution will carry to D-400, line 42 worksheet, line 2. Maximum of $2,000 will carry to this line.
(R ) Railroad Retirment. Amount in State Distribution will carry to D-400, line 40
File
Form D-400X to correct any errors made on the originally filed North Carolina
individual income tax return. In general, if the taxpayer amended the Federal
individual income tax return, the
NOTE: An amended return can be filed within 3 years of the original due date of the return, including extensions.
Mark the box on Form D-400 and complete the additional amended fields in order to generate Form D-400X in the return. D-400X is not a separate menu choice. It will print with Form D-400 once this field is marked.
File Form D-400TC if any of the following are claimed:
- Credit for tax paid to another state or country
- Credit for child and dependent care expenses
- Credit for children
- Credit for charitable contributions
- Credit for long-term care insurance
- Credit for qualified business investments
- Credit for disabled taxpayer, dependent, or spouse
- Credit for certain real property donations
- Credit for rehabilitating an historic structure
- Miscellaneous tax credits
- Business incentive and energy tax credits
- Earned Income Tax Credit
- Tax Credit for Small Businesses That Pay NC Unemployment Insurance
An income tax credit of $100 may be claimed for each dependent child that is eligible for the federal child tax credit on the federal return. Federal adjusted gross income must be less than $100,000 if married filing jointly.
State law provides for the following additional tax credits:
- Property taxes on farm machinery
- Using
- Donating real property for certain public and conservation purposes
- Construction of dwelling units for handicapped persons
- Purchase of conservation tillage equipment
- Gleaned crops
- Rehabilitating an historic structure
- Poultry composting
File
Form NC 40 to pay
File Form NC 40 if all of the following apply:
The taxpayer:
1.
Does not have at least 90% of his/her annual
2. Has an annual tax liability that exceeds $1,000
Farmers and fishermen - If at least two thirds of your gross
income for 2015 is from farming or fishing you may
a. Pay all of your estimated tax by January 15, 2016, or
b. File your 2015 income tax return by March 1, 2016 and pay the total tax due. In this case, estimate payments are not required.
Underestimating the required amount of tax or failure to file estimated tax returns and pay the tax within the time allowed will result in an assessment of interest.
File
Form D-410 to request a six month extension of time to file the
If the taxpayer expects to owe additional tax, all of the state taxes due must be paid with Form D-410 by April 15, 2016.
NOTE:
Form D-410 only extends time to file the
Enter your complete name (first and last name), email address, and telephone number, including area code, in the appropriate fields. This information will be used in the event the North Carolina Department of Revenue needs to contact you regarding your payment. The NCDOR will use the email address to acknowledge receipt of your payment. If you do not provide an email address, you will not receive confirmation that your payment has been received.
The payment draft date or effective date must be a valid banking date that does not include weekends or bank holidays. When entering your draft date, you will be provided with the earliest possible effective date. This date is based on a 5:30pm EST cutoff. If it is after 5:30pm EST, the actual draft date may be a later business date. You will need to submit your payment information at least one banking day prior to the payment due date in order for the payment to be received timely. Payments received beyond the payment due date are subject to penalty and interest.
You will receive a NCDOR Confirmation email after your payment is received.
If your payment is returned from your bank unpaid, you will be subject to a “Penalty for Band Electronic Funds Transfer.” The penalty is 10% of the payment (minimum $1.00; maximum $1,000.00)