@ColeenD3
Thank you again for the kind reply. Just want to be sure I am clear, and either I enter the SS value noted, or enter a 0.
We are Non-Residents. We sold the vacation rental, and have capital gains, which we entered.
It is informational only. It is not NC income. The only income that applies to NC is the capital gain.
Agreed. And my SS number noted is earned in my home state, not NC. So is 0 the correct entry. Or -
Below (image) is how NC treats it. However, since it was never NC income to begin with, you aren't actually deducting it either.
Agreed, and not being NC earned as a non-resident, my entry is 0?
If your social security or railroad retirement benefits were taxed on your federal return, you may take a deduction for those benefits on your North Carolina individual income tax return.
My SS was taxed on my federal form. That is normal for all, correct?
You may take this deduction, because this income has already been included as part of your federal adjusted gross income and North Carolina does not tax this income. This deduction will increase your refund or decrease the amount you must pay.
Not sure what this is saying. Sorry - The SS income is included and taxed on my federal form. And as such included in my gross income. But my gross income is not taxed in NC, as I am a non resident. Correct? The only income I noted (see attached) are the line items that were earned in NC. That being said, are you saying I could take the deduction, as a non resident? Or is my entry a "0". As you can see in the attached, the only income and numbers I included, were the capital gains from the sale of the vacation home in NC, the rental income, and the assets depreciation recapture, from the sale of the assets. It's the NC deduction from gross income (my SS) that has us wondering why it has been noted. In all the years we have been doing our NC non-resident taxes, we have never seen this one line. Appreciate you sticking with me and helping. I guess the question is, as a non resident, should I be taking this deduction, or is it a "0". And understanding why 🙂 Thanks see attached @ColeenD3
