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State tax filing
IF your NC standard Deduction (or NC Itemized deduction) is greater than your Adjusted NC Gross (line 8 of the NC D-400), then NC apparently allows the tax return to show a negative number.
Some state and federal forms have you enter a zero in some lines of their forms if the number goes negative...but apparently not NC for this particular line.
____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*
March 3, 2024
7:23 AM