Turbo tax listed franchise tax, paid to NC for s-corp, on NC k-1 line 2 indicating it should be an addition to income when filing personal state taxes (on D-400, Schedule S; Line 6). If this is correct, can you explain why? When I look at the instructions for filing NC personal taxes, I don't see anywhere that franchise tax should be added in.
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I do not see any where in turbotax business 2019 that there is a form for the nc franchise tax
??
The North Carolina Franchise Tax is separate business tax- TurboTax does not prepare it.
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