Instructions For Form D-400 - North Carolina Individual Income Tax

Instructions for Filing Form D-400

Page

North Carolina Itemized Deductions

You may itemize your deductions on your North Carolina return ONLY if you itemized your deductions on your federal return. If, on your federal

return, you deduct state and local taxes from Line 5 of Federal Schedule A and any foreign income taxes included on Line 8 of Federal Schedule

A use the worksheet below to calculate your North Carolina itemized deductions. Otherwise, your North Carolina itemized deductions are the same

as your federal itemized deductions.

Itemized Deductions Worksheet

1. Total itemized deductions on Line 29* of federal Schedule A ...................................................................................... 1. _____________

2. Enter your N.C. standard deduction from the applicable table on page 8 ................................................................... 2. _____________

3. Subtract Line 2 from Line 1 and enter the result here, but not less than zero .............................................................. 3. _____________

4. State and local income taxes on Line 5* of the federal Schedule A and any foreign income taxes included on

Line 8* of federal Schedule A

................................................................................................................................ 4. _____________

5. Compare Line 3 with Line 4 and enter whichever is less.........................................................................................................5. _____________

6. Subtract line 5 from line 1 and enter the result here, but not less than zero. Enter this amount on Line 11 of

your Form D-400 ........................................................................................................................................................ 6. _____________

* Federal line number references are subject to change

Line 13 - N.C. Personal Exemption Allowance

You are allowed the same personal exemptions allowed under the Internal Revenue Code. You may deduct an exemption amount equal to the amount listed

in the chart below based on the your filing status and adjusted gross income. Multiply the total number of exemptions claimed on your federal income tax

return by the amount listed in the chart below. Enter the amount on Line 13.

Federal Adjusted

Personal

Filing Status

Gross Income

Exemption

Single

Up to $60,000

$2,500

Over $60,000

$2,000

Married, filing jointly/qualifying

Up to $100,000

$2,500

Widow(er)

Over $100,000

$2,000

Married, filing separately

Up to $50,000

$2,500

Over $50,000

$2,000

Head of Household

Up to $80,000

$2,500

Over $80,000

$2,000

Line 17 - North Carolina Taxable Income

• If you were a resident of North Carolina for the entire year, enter the amount from Line 15 on Line 17.

• If you were a part-year resident or a nonresident you must complete Lines 51 through 53 and enter on Line 16 the decimal amount from Line 53.

Multiply the amount on Line 15 by the decimal amount on Line 16 and enter the result on Line 17.

Part-year residents and nonresidents should read the instructions listed on Page 7 for additional information and complete the worksheet

for Lines 51 and 52 on Page 16.

Line 18 - North Carolina Income Tax

To calculate your tax, use one of the following methods:

North Carolina Tax Table. Use the Tax Table beginning on Page 22 to determine your tax if your taxable income on Line 17 is less than $68,000. Be sure

to use the correct column in the Tax Table. After you have found the correct tax, enter that amount on Line 18.

Tax Rate Schedule. Use the Tax Rate Schedule on Page 30 to calculate your tax if your taxable income is $68,000 or more. Enter the amount on Line 18.

Line 19 - Tax Credits

See Page 16 for information about tax credits. Complete Form D-400TC, Individual Tax Credits, if you are entitled to one or more of the credits.

Instructions For Form D-400 - North Carolina Individual Income Tax - 2012 Page 9

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