Being a part-year resident who moved to NC in July 2023, I am noticing in D-400 Sch PN line 7, column B (amounts attributable to NC), that NC does not offset my 2023 gains with the federal carryover losses from 2022. Is it something I have to do manually or is it that NC ignores all federal carryover losses?
I moved from a foreign country to NC, and it is my first State return in years. I have a federal carryover loss amount of 13,000 from 2022, my gains in 2023 were $20,000.
Federal taxable gain is $7,000 but NC taxable gain shows $20,000.
Federal loss carryover is not being applied to NC.
