North Carolina Public Campaign Fund

Taxpayers may no longer make designations on their individual income tax return to the N.C. Political Parties Financing Fund or N.C. Public Campaign [...]

North Carolina Credits

Credit for Income Tax Paid to Another State or Country – N.C. Residents Only When income is taxed by North Carolina for a period during which you were a legal resident of North Carolina and the same income is also taxed by another state or country because it was earned in or derived from sources within that state or country, a tax credit may be claimed, but not on the basis of a [...]

North Carolina Estimated Tax Payments

If the total tax shown due on your 2021 N.C. tax return minus tax credits and the amount paid through North Carolina income tax withholding is $1,000 or more, you may owe interest on the underpayment of estimated tax. To see if you owe interest, you should complete Form D-422, Underpayment of Estimated Tax by Individuals. Form D-422 is available on the Department’s website. Interest is not [...]

California Subtractions to Wages

In general, for taxable years beginning on or after January 1, 2016, California law conforms to the Internal Revenue Code (IRC) as of January 1, 2016. However, there are continuing differences between California and federal law. When California conforms to federal tax law changes, they do not always adopt all of the changes made at the federal level. These differences are reported on Schedule CA. [...]

Excess California SDI (or VPDI) Withheld

You may claim a credit for excess State Disability Insurance (SDI) or Voluntary Plan Disability Insurance (VPDI) if you meet all of the following conditions: You had two or more California employers during the tax year. You received more than the taxable limit in gross wages from California sources. The amounts of SDI (or VPDI) withheld appear on your Form(s) W-2. Be sure to attach your [...]