Breaking Down North Carolina 2016 State Taxes

Here's everything you wanted to know (and more) about the state of North Carolina's taxes.

PaycheckCity article by Team PaycheckCity
Team PaycheckCityOct 2016
Breaking Down North Carolina 2016 State Taxes

Here's everything you wanted to know (and more) about the state of North Carolina's taxes.

Withholding Requirements Register as an employer by filing Form NCUI 604 (Employer Status Report). Complete this form online or download here. Employee's Withholding Allowance Certificate - Form NC-4 and NC-4 EZ

Withholding Method = formula.

Supplemental Rate = If supplemental wages paid separately or specified when paid with regular wages and tax withheld from regular wages, withhold at 6% or add to regular wages, compute tax on total, and subtract tax withheld from regular wages.
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These free resources should not be taken as tax or legal advice. Content provided is intended as general information. Tax regulations and laws change and the impact of laws can vary. Consult a tax advisor, CPA or lawyer for guidance on your specific situation.

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