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NC specific question regarding CD-429 PTE
My small business is a taxed s-corp. Business made quarterly estimated payments to NC in 2023 per the rule that the s-corp could pay the personal tax liability incurred from net profits of the s-corp that flow to my personal taxes. I do not understand where on my PERSONAL taxes to account for those payments made in order to reflect that a large portion of the NC state tax due on the personal taxes has already been paid.
March 26, 2024
11:22 AM