2012 North Carolina Income Tax Rates

2012 NC Tax Brackets

North Carolina personal income tax rates vary between 6% and 7.75% depending on filing status and the amount of taxable income as determined on the North Carolina Individual Income Tax Return, Form D-400.  Below are the 2012 North Carolina tax rates that apply to the North Carolina tax returns due in April 2013:

If your filing status is single;

and taxable income is more than:

but not over:

your tax is:

$ 0 $12,750 6% OF THE NC TAXABLE INCOME AMOUNT ON   FORM D-400
$12,750 $60,000 $765 + 7% OF THE AMOUNT OVER $12,750
$60,000 _______ $4,072.50 + 7.75% OF THE AMOUNT OVER   $60,000

If your filing status is head of household;

and taxable income is more than:

but not over:

your tax is:

$ 0 $17,000 6% OF THE NC TAXABLE INCOME AMOUNT ON   FORM D-400
$17,000 $80,000 $1,020 + 7% OF THE AMOUNT OVER   $17,000
$80,000 _______ $5,430 + 7.75% OF THE AMOUNT OVER   $80,000

 If your filing status is married, filing jointly or qualifying widow or widower;

and taxable income is more than:

but not over:

your tax is:

$ 0 $21,250 6% OF THE NC TAXABLE INCOME AMOUNT ON   FORM D-400
$21,250 $100,000 $1,275 + 7% OF THE AMOUNT OVER   $21,250
$100,000 ________ $6,787.50 + 7.75% OF THE AMOUNT OVER   $100,000

 If your filing status is married, filing separately;

and taxable income is more than:

but   not over:

your   tax is:

$ 0 $10,625 6% OF THE NC TAXABLE INCOME AMOUNT ON   FORM D-400
$10,625 $50,000 $637.50 + 7% OF THE AMOUNT OVER   $10,625
$50,000 _______ $3,393.75 + 7.75% OF THE AMOUNT OVER   $50,000

Related Articles:

2012 Federal Income Tax Rates

What’s New for 2012 Tax Returns (Due in April 2013)?

Do I Have to File a Tax Return for 2012?

Unable to Pay Taxes Owed to the IRS or State?

50,000 Tax Deduction for North Carolina Small Business Owners

Simply Taxes, LLC is a local year-round tax preparation firm with an office located in North Raleigh. Our Raleigh accountants are ready to work one-on-one with you to help maximize your refund opportunities and to provide other tax services in the professional manner you deserve!

The information contained within this article is for general guidance only. As such, it should not be used as a substitute for consulting with professional accounting, tax, legal or other competent advisers.

 

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