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If you are a resident of North Carolina and have income reportable to North Carolina that is also being taxed by another state or country, you may be entitled to claim a tax credit on your North Carolina return. This tax credit gives you relief from being taxed twice on the same income. It will either increase your refund or decrease the tax you owe.
The credit is available to taxpayers who, while residents of North Carolina, receive income from sources in another state or country that is taxed by North Carolina and another state or country. No credit is allowed for income taxes paid to a city, county, or other political subdivision of a state or to the federal government. If you claim credit for tax paid to more than one state or country, we will help you determine the tax credit allowable based on your input.
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