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Do I need to amend my North Carolina state return?

Article ID: 59343 Print
Question
Do I need to amend my North Carolina state return?

Answer

Generally, an amended return on which you owe additional tax is required to be filed and the tax paid within three years after the date you filed your return or within three years from the date required by law for filing the return, whichever is later.

If the Internal Revenue Service makes changes to an individual’s federal return, the individual must report the changes to the state by filing an amended return within six months from the date the report from the Internal Revenue Service is received. If an individual does not amend the state return to reflect the federal changes and the Department of Revenue receives the report from the Internal Revenue Service, an assessment may be made by the Department within three years from the date of receipt of the report, and the individual’s right to any refund which might have been due by reason of the change is forfeited.

In addition, if an individual voluntarily files an amended federal return that increases the amount of state tax payable, the individual must file an amended North Carolina return within six months of filing the amended federal return. If the amended federal return contains an adjustment that would decrease the amount of state tax payable, the individual may file an amended North Carolina return within the general statute of limitations for obtaining a refund. If an individual does not amend the state return to report the federal changes, an assessment may be made by the Department within three years after the date the federal amended return was filed with the Internal Revenue Service, and the individual’s rights to any refund which might have been due by reason of the amended return is forfeited.

 

 


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Article Details
Views: 1494 Created on: Jun 15, 2013
Date updated: Dec 18, 2019

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