NC State tax

Apr 09, 2007 3 Replies

I'm a resident of Fl.(NO state tax)......No. Carolina withheld $4k from a tax shelter I owned which closed out in '06.....How can/can I, recover any or all of this???




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You will have to file a North Carolina tax return.

File a nonresident NC return.

-- Phil Marti Clarksburg, MD

If the tax shelter involved real or tangible personal property located in NC, the gain is subject to NC tax. In any case, you need to file a nonresident NC income tax return to either report the income or claim a refund of the tax withheld. Katie in San Diego

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