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Level 2
February 16, 2021
Question

State Source Income

  • February 16, 2021
  • 3 replies
  • 23 views

When filing NC State taxes, it gives four options, two of those options are NR-NC Source Income and Not NC Source income, what is the difference?

    3 replies

    Alumni - Intuit
    February 16, 2021

    NR-NC Source  - Income received from NC sources as a Non-resident (NR).  This income IS subject to NC state income tax.

     

    Not NC Source - Income that did not come from NC sources. This income is NOT subject to NC state income tax, unless you are a NC resident.

    am9293Author
    Level 2
    February 16, 2021

    So if I worked in NC in 2020, but the company I work for is based out of FL, does the income I earned considered NC source income?

    Alumni - Intuit
    February 16, 2021

    If you worked in NC, then the income is NC source income. Income is considered to be earned where the work is performed.