The NCDOR officially began issuing 2022 Individual Income Tax refunds on Friday, March 10. Taxpayers may begin receiving refunds through the mail and direct deposit next week.
The NCDOR has posted its 2022 annual report, which summarizes the agency's activities and achievements from last year.
The NCDOR officially began accepting 2022 income tax returns for Corporate Income and Franchise as well as Partnership Income on Friday, Feb. 10. Estates and Trusts Income tax returns were accepted beginning Jan. 27.
On Monday, Feb. 6, 2023, two Charlotte Business Owners pled guilty to felony tax charges in Wake County Superior Court. The charges were filed by the North Carolina Department of Revenue.
The North Carolina Department of Revenue officially opened the 2023 individual income tax season and began downloading 2022 returns on Thursday, Feb. 2. Taxpayers who file state returns electronically will now receive acknowledgements.
The NCDOR officially began accepting 2022 income tax returns for Estates and Trusts on Friday, Jan. 27. The NCDOR will announce the opening date for Partnership and Corporate Income and Franchise returns as soon as it is confirmed.
The NCDOR anticipates accepting 2022 Corporate Income and Franchise, Partnership Income, and Estates and Trust Income tax returns by Friday, Jan. 27, and 2022 Individual Income tax returns by Friday, Feb. 3.
Secretary of Revenue Ronald G. Penny and members of the NCDOR leadership team will volunteer across the state to highlight Martin Luther King, Jr. Week, which is observed from Jan. 16 - 20.
The N.C. Department of Revenue has set the interest rate at 7 percent, an increase from 5 percent. The interest rate applies to refunds and assessments of tax.
The motor fuels and alternative fuels tax rate for the period of Jan. 1, 2023, through Dec. 31, 2023, will increase from 38.5 cents to 40.5 cents per gallon.