Ncdor Form D 400Tc PDF Details

Are you trying to figure out how to file your NCDOR Form D-400TC? This blog post will provide a detailed overview of the North Carolina Department of Revenue Form D-400TC, also known as the Individual Income Tax Return form. We'll review what information is included on this form and which deductions you may be able to claim for tax filing purposes, as well as tips for accurately completing the form and commonly asked questions about it. After reading through this guide, you will have a greater understanding of the NCDOR Form D 400TC and how best to complete it in order to get back any tax refunds due from your state taxes.

QuestionAnswer
Form NameNcdor Form D 400Tc
Form Length2 pages
Fillable?No
Fillable fields0
Avg. time to fill out30 sec
Other names www.irs.govcredits-deductionsCredits & Deductions for Individuals - IRS tax forms

Form Preview Example

Web-Fill

9-20

D-400TC

 

DOR

2020 Individual Income Tax Credits

Use

 

 

Only

If you claim a tax credit on Form D-400, Line 16, you must attach this form to the return. Otherwise, the tax credit may be disallowed.

Last Name (First 10 Characters)

Your Social Security Number

Do not send a photocopy of this form.

Important: Refer to the Instructions before completing this form.

Part 1. Credit for Income Tax Paid to Another State or Country – N.C. Residents Only

If you claim a tax credit for taxes paid to more than one state or country, do not complete Lines 1-6. Instead, complete the “Out-of-State Tax Credit Worksheet” in the instructions to determine the amount to enter on Line 7a.

1.Total income from all sources while a resident of N.C. modified by N.C. adjustments to federal gross income

2.Portion of Line 1 that was taxed by another state or country

3.Divide Line 2 by Line 1 and enter the result as a decimal amount (Round to four decimal places)

4.Total North Carolina income tax (From Form D-400, Line 15)

5.Multiply Line 4 by Line 3

6.Amount of net tax paid to the other state or country on the income shown on Line 2

7a. Credit for Income Tax Paid to Another State or Country Enter the lesser of Line 5 or Line 6

7b. Enter the number of states or countries for which a credit is claimed

Enter Whole U.S. Dollars Only

1.

2.

3.

4.

5.

6.

7a.

7b.

Part 2. Credits for Rehabilitating Historic Structures

Enter expenditures and expenses on Lines 8a, 9a, 10a, and 11a only in the first year the credit is taken. For Lines 8a and 9a, the expenditures and expenses must have been incurred prior to January 1, 2015. For Lines 10a and 11a, an eligibility certification must have been submitted to the State Historic Preservation Office prior to January 1, 2015. Enter the installment amount of the tax credit on Lines 8b, 9b, and 11b, and the total amount

of the tax credit on 10b.

8.

An income-producing historic structure (ARTICLE 3D)

8a.

9.

A nonincome-producing historic structure (ARTICLE 3D)

9a.

10.

An income-producing historic mill facility (ARTICLE 3H)

10a.

11.

A nonincome-producing historic mill facility (ARTICLE 3H)

11a.

12.

An income-producing historic structure (ARTICLE 3L)

 

 

 

If you take a credit on Lines 12

 

(From Line 19 of Form NC-Rehab, Part 4)

 

 

 

or 13, attach Form NC-Rehab to

 

 

 

13.

A nonincome-producing historic structure (ARTICLE 3L)

 

the front of Form D-400.

 

 

 

(From Line 22 of Form NC-Rehab, Part 4)

 

 

 

 

 

8b.

9b.

10b.

11b.

12.

13.

Part 3. Computation of Total Tax Credits to be Taken for Tax Year 2020

14.Tax credits carried over from previous years (Do not include any carryover of income tax credits taken on Form NC-478 or Form NC-Rehab.)

15.Add Lines 7a, 8b, 9b, 10b, 11b, 12, 13, and 14

16.North Carolina income tax (From Form D-400, Line 15)

17.Enter the lesser of Line 15 or Line 16

18.Business incentive and energy tax credits (Attach Form NC-478 and any required supporting schedules to the front of Form D-400)

19.Total Tax Credits to be Taken for Tax Year 2020 (Add Lines 17 and 18. Enter the result here and on Form D-400, Line 16.) The amount on Line 19 cannot exceed the tax shown on Form D-400, Line 15.

14.

15.

16.

17.

18.

19.

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This PDF form requires specific info to be entered, so make sure you take whatever time to enter what's expected:

1. For starters, when filling out the Ncdor Form D 400Tc, start with the section that contains the subsequent fields:

The best way to complete Ncdor Form D 400Tc step 1

2. Once your current task is complete, take the next step – fill out all of these fields - Enter the lesser of Line or Line, b Enter the number of states or, Part Credits for Rehabilitating, On Lines a a a and a enter the, On Lines b b b b and enter the, An incomeproducing historic, A nonincomeproducing historic, An incomeproducing historic mill, A nonincomeproducing historic, An incomeproducing historic, From Form NCRehab Part Line, A nonincomeproducing historic, From Form NCRehab Part Line, If you take a credit on Lines or, and the front of Form D with their corresponding information. Make sure to double check that everything has been entered correctly before continuing!

Ncdor Form D 400Tc conclusion process shown (stage 2)

Many people generally make errors while filling out A nonincomeproducing historic in this part. You should definitely read again whatever you type in right here.

3. This third stage is going to be hassle-free - complete all of the blanks in Reserved for Future Use, Add Lines a b b b b and, North Carolina income tax From, Enter the lesser of Line or Line, Business incentive and energy tax, schedules to the front of Form D, and Total Tax Credits to be Taken for to complete the current step.

The best way to fill out Ncdor Form D 400Tc part 3

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