How Do You File Business Tax In North Carolina (NC)?
When you are a business owner it is important to file your tax in time and in a proper way. The below steps illustrate how to file your business tax in North Carolina. ForThe federal payroll taxes: File quarterly, using file from 941 (Employer’s Quarterly Federal Tax Return), it is due by last day of the month following the end of a calendar quarter. Annually, fill out W-2 forms for all employees and send them to your employees by January 31. Send copy to IRS, along with form W-3 (Transmittal of Income and Tax Statements) by February28. North Carolina Payroll Taxes: Use file form NC-5, either monthly or quarterly, depending on amount of taxes withheld. In addition to that, annually, use form NC-3 (Reconciliation of North Carolina Income Tax Withheld) by February 28 and attach a copy of W-2 prepared for all employees. Unemployment taxes: Annually, file form 940 (employers’ annual federal unemployment tax return) and quarterly file form NCUI-101 (employer’s quarterly tax and wage report)
