Individual Taxes

Personal Income Tax

North Carolina taxable income is adjusted gross income as calculated for federal income tax purposes with certain modifications. The North Carolina tax rate for 2014 is 5.8%. The tax rate for taxable years beginning on or after January 1, 2015 is 5.75%.

Modifications to Federal Adjusted Gross Income

Select Here for additional information on Deductions or Additions

Tax Credits

Other Taxes

State taxes the individual may be required to pay include:

Additional local taxes that may be imposed include:

  • Occupational License Taxes
  • Property Taxes
  • Real Estate Transfer Taxes
  • Sales and Use Tax
  • Occupancy Tax