How to File a North Carolina LLC Tax Return

Question:

How are North Carolina LLC income tax returns filed?  What forms are used to file North Carolina LLC tax returns?

Answer:

It depends.  Generally, North Carolina LLC income tax returns can be filed in one of four different ways listed below depending on how an LLC is classified for tax purposes.  Unsure on how a North Carolina LLC is classified for tax purposes?  Then a review of LLC classifications may be helpful.

LLC Classification   Options Tax Forms
Disregarded Entity/Single Member LLC (SMLLC) Federal:  Schedule C, E, or F on owner’s personal income tax returns
North Carolina: D-400 C on owner’s personal income tax returns
Partnership Federal: Form 1065
North Carolina: D-403
S-Corporation Federal: Form 1120S
North Carolina: CD-401S
Corporation (Regular “C” Corporations) Federal: 1120
North Carolina: CD-405

Need additional information about North Carolina LLCs?  Return to the North Carolina LLC Tax Center for more questions and answers.

Simply Taxes, LLC is a local year-round tax preparation firm with an office located in North Raleigh.  Our Raleigh accountants are ready to assist you with your questions pertaining to your taxes!

Related Articles

How are LLCs Taxed in North Carolina?  A Review of LLC Tax Classifications

Sources

IRS Schedule C, Profit or Loss from Business

IRS Schedule E, Supplemental Income or Loss

IRS Schedule F, Profit or Loss from Farming

IRS Form 1065, U.S, Return of Partnership Income

IRS Form 1120S, U.S. Tax Return for a S Corporation

IRS Form 1120, U.S. Corporation Income Tax Return

North Carolina Form D-400, Individual Income Tax Return

North Carolina Form D-403, Partnership Income Tax Return

North Carolina Form CD-401S, S Corporation Tax Return

North Carolina Form CD-405, C Corporation Tax Return

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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