Web1 de jan. de 2024 · (2) The fraction of the gross income, as modified as provided in G.S. 105-153.5 and G.S. 105-153.6, that is subject to income tax in another state or country shall be ascertained, and the North Carolina net income tax before credit under this section shall be multiplied by that fraction.

2015 North Carolina General Statutes :: Chapter 105 - Justia Law

WebFor purposes of the preceding sentence, taxable income and gross income is computed subject to the adjustments provided in G.S. 105-153.5 and G.S. 105-153.6. The tax on the amount computed above is at the rate levied in G.S. 105-153.7. The fiduciary responsible for administering the estate or trust shall pay the tax computed under the ... Web§ 105-129.16B: Recodified as G.S. 105-129.41 by Session Laws 2002-87, s. 2, as amended by Session Laws 2003-416, s. 1, effective August 22, 2002, and applicable to credits for … rayburn a4 code

North Carolina General Statutes Chapter 105. Taxation § 105-153.5 ...

WebSection 105-153.5A - Net operating loss provisions (a) State Net Operating Loss. - A taxpayer's State net operating loss for a taxable year is the amount by which business … WebG.S. 105-153.8 (e) requires a married couple to file a joint State income tax return if: They file a joint federal income tax return, and Both spouses are residents of North Carolina or both spouses had North Carolina taxable income. Generally, all other individuals may file separate returns. Web105-153.5(c2)(20), delaying the State’s decoupling adjustment.4 As amended, a taxpayer is not required to add to federal income the amount of otherwise deductible expenses paid … rayburn 800 series