17 N.C. Admin Code 06B .3521 - Estimated Income Tax

Rule 06b .3521 - Estimated Income Tax

No estimated income tax is required of a partnership.  A resident individual partner who meets the statutory requirements of G.S. 105‑163.15 must pay estimated income tax on Form NC‑40.  Nonresident individual partners are not required to pay estimated tax on their distributive share of partnership income.

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