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CD-479 (SD) 8-8-05 Business Corporation North Carolina Annual Report This report may be filed online at the Secretary of State website: www.sosnc.com Name of Business Corporation: Fiscal Year Ending:.

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Forming an S corporation is straightforward. First, you start a business as a corporation by filing articles of incorporation with the Corporations Division of the North Carolina Secretary of State's Office. Next, to elect S corporation status, all shareholders in your company must sign and file Form 2553 with the IRS.

The pass-through entity tax is calculated by multiplying taxable income of the taxed PTE by the North Carolina individual income tax rate (4.99% for 2022).

The franchise tax rate is one dollar and fifty cents ($1.50) per one thousand dollars ($1,000) and is applied as set forth in the law.

What is the CD-419 and Why Should You Use It? Form CD-419 is used to extend the time for filing a North Carolina corporate tax return (Form CD-405, CD-401S or CD-418). When timely filed, this application for extension extends time to file the tax return by six months.

Effective for tax year 2022, North Carolina law allows an eligible S corporation and an eligible partnership to elect to pay North Carolina income tax at the entity level (collectively a “Taxed PTE”). If you are a shareholder or a partner in a Taxed PTE, enter your share of North Carolina income from the Taxed PTE.

States with Pass-Through Entity Tax Starting in 2022 Arkansas. Arizona. Colorado. Georgia. Kansas. Michigan. Mississippi. New Mexico.

Form NC-NPA Nonresident Partner Affirmation.

The election for the North Carolina PTE is made annually on the entity's timely filed North Carolina income tax return and may be revoked via an amended return. The PTE tax is calculated at North Carolina's income tax rate (4.99% for year 2022).

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Content Takedown Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232