NORTH CAROLINA Tax Returns with ExpressTaxRefund.com!

Looking to cut down on tax preparation time? You can file your NORTH CAROLINA income taxes and federal taxes at the same time using ExpressTaxRefund.com.  ExpressTaxRefund.com simplifies the tax preparation process by automatically filling in any matching information into both your state and federal tax forms.

States who impose taxes on residents’ earned income need to choose which method to use out of three different options: combined, joint, or a mix of the two. North Carolina opts for the joint system, which is much like the federal government’s system. In a joint filing system, married couples are considered a single economic unit, and therefore their incomes are added together to be taxed as one amount.

The state tax base started with the federal adjusted gross income, though there are differences in exemptions and deductions between the federal and state levels.

Exemptions

Taxpayers can expect the following sources of income to be excluded from North Carolina state income tax:

• Interest from U.S. government bonds
• Capital gains for certain North Carolina obligations issued before July 1, 1995
• The first $2,000 per person in private pension or retirement income
• The first $4,000 per person in public U.S. civil service or military pension or retirement income
• Social security benefits

Deductions

Depending on which filing status residents choose, the state offers a range of standard deductions. Married, filing single and single filing statuses are entitled to $8,250, married filing joint get $16,500 in a standard deduction, while head of household status can get $13,200. In addition to the standard deduction, taxpayers may be entitled to deduct the following:

• Up to $35,000 in severance pay received due to no fault of the employee resulting in permanent involuntary termination
• Contributions to state college savings programs
• Donations to volunteer firefighters and rescue workers

Tax Rates

Tax rates in North Carolina are not dependent on income bracket. Any amount of income over $0 is taxed at 5.75%.

ExpressTaxRefund.com supports all state income tax returns. Washington D.C. along with 41 states have income tax returns. If you live in Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington or Wyoming, you only need to file your Federal Income Tax Return with the IRS.

Benefits of using ExpressTaxRefund.com:

• Prepares both your federal return and your state income tax returns at the same time by automatically transferring matching data into both forms.
• Finds all valid tax deductions, does the math for you and provides self-help tools to simplify tax preparation.
• Allows you to securely access and efile your tax data online from any Internet connection.

Take advantage of online E-Filing services available through ExpressTaxRefund.com

Filing your tax return with ExpressTaxRefund.com is faster than ever. Choose direct deposit, and receive your tax refund even quicker!

Be kept up to date on the status of your return. You can view the status of your tax return right through our website, with daily updates to your account and filing status with the IRS.

Customer Support :
ExpressTaxRefund.com offers our customers full technical support. Our professional customer care representatives are standing by awaiting your calls Whether it’s a question regarding your account or the calculation of your return, get an answer within minutes. Live chat support is also available, with little to no wait time.