(a) Surtax. - An income tax surtax is imposed on a taxpayer equal to a percentage of the tax payable by the taxpayer under G.S. 105-134.2 for the taxable year. This tax is in addition to the tax imposed by G.S. 105-134.2 and is due at the time prescribed in G.S. 105-155 for filing an individual income tax return. The surtax is imposed at the following percentage rates and applies to the tax payable on the taxpayer's North Carolina taxable income:
Filing Status Over Up To Percentage
Married, filing jointly
or surviving spouse $ 0 $100,000 0%
$100,000 $250,000 2%
$250,000 NA 3%
Head of household $ 0 $ 80,000 0%
$ 80,000 $200,000 2%
$200,000 NA 3%
Single $ 0 $ 60,000 0%
$ 60,000 $150,000 2%
$150,000 NA 3%
Married, filing
separately $ 0 $ 50,000 0%
$ 50,000 $125,000 2%
$125,000 NA 3%.
(b) Sunset. - This section expires for taxable years beginning on or after January 1, 2011. (2009-451, s. 27A.1(b).)
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Last modified: March 23, 2014